splevine / pivx

PIVX

PIVX Repository (Version 2.1.6)

More information at pivx.org Visit our ANN thread at bitcointalk.org/index.php?topic=1262920

Coin specs:

Algo:

• Quark

PoW Block Reward:

• [block# 2-151200] 250 PIV [block# 151201-259200] 50 PIV

PoS Block Reward:

• [block# 259201-Infinite] Variable based on SeeSaw Reward Mechanism

Block Time:

• 60 Seconds with Retargeting every Block

Max Coin Supply:

• PoW Phase: 43,199,500

Max Coin Supply:

• PoS Phase: Infinte

PoW Phase 1:

• [block# 1] 60k Premine for creation of 6 Masternodes for the functioning of the network.

Pre-mine:

• [block# 1] 60k Premine was burned at block 279917

PoW Phase 2:

• [block#’s 2-259200] Approx 180 Days

PoW Rewards Breakdown:

• [block’s          2-432000] 20% MN (50 PIV)    / 80% MINER (200 PIV)
• [block’s   43201-151200] 20% MN (50 PIV)    / 70% MINER (200 PIV)  / 10% Available to the budget system (25 PIV)
• [block’s 151201-259200] 45% MN (22.5 PIV) / 45% MINER (22.5 PIV) / 10% Available to the budget system (  5 PIV)

PoS Rewards Breakdown:

• PoS Phase 1: [blocks 259201-302399] 50 PIV (90% distributed to staker and masternode - 10% available to budget system)
• PoS Phase 2: [blocks 302400-345599] 45 PIV (90% distributed to staker and masternode - 10% available to budget system)
• PoS Phase 3: [blocks 345600-388799] 40 PIV (90% distributed to staker and masternode - 10% available to budget system)
• PoS Phase 4: [blocks 388800-431999] 35 PIV (90% distributed to staker and masternode - 10% available to budget system)
• PoS Phase 5: [blocks 432000-475199] 30 PIV (90% distributed to staker and masternode - 10% available to budget system)
• PoS Phase 6: [blocks 475200-518399] 25 PIV (90% distributed to staker and masternode - 10% available to budget system)
• PoS Phase 7: [blocks 518400-561599] 20 PIV (90% distributed to staker and masternode - 10% available to budget system)
• PoS Phase 8: [blocks 561600-604799] 15 PIV (90% distributed to staker and masternode - 10% available to budget system)
• PoS Phase 9: [blocks 604800-647999] 10 PIV (90% distributed to staker and masternode - 10% available to budget system)
• PoS Phase X: [blocks 648000-Infinite]   5 PIV (90% distributed to staker and masternode - 10% available to budget system)

 

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PIVX is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.

Anonymized transactions using coin mixing technology, we call it Obfuscation.

Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftTX.

Decentralized blockchain voting providing for consensus based advancement of the current Masternode technology used to secure the network and provide the above features, each Masternode is secured with collateral of 10K PIV