Vitae
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VitaeToken Core
VITAE Core integration/staging repository
VITAE is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.
- Anonymized transactions using the Zerocoin Protocol.
- Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
- 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 a collateral of 20K VITAE. Each Supernode secured with 10K VITAE burn.
More information at vitaetoken.io
Coin Specs
Algo | Quark |
Block Time | 45 Seconds |
Difficulty Retargeting | Every Block |
Max Coin Supply (PoW Phase) | 1,105,940 VITAE |
Max Coin Supply (PoS Phase) | 100,000,000 VITAE |
Premine | 1,105,940 VITAE* |
*800,000 VITAE of the Premine is to be burned for creation of Supernodes. As of Block 23575 nearly 300,000 VITAE has been burned for the creation of Supernodes.
Reward Distribution
PoW Phase | |||
---|---|---|---|
Block Height | Reward Amount | Notes | Duration (Days) |
1 | 30 VITAE | Initial Premine | Approx 0 Days |
2 | 1,100,000 VITAE | ||
3-200 | 30 VITAE | Initial Mining | Approx 1 Days |
PoS Phase | |||
Block Height | Reward Amount | ||
201-Infinite | Variable based on SeeSaw Reward Mechanism |
PoW Rewards Breakdown
Block Height | Masternodes | Miner | Budget |
---|---|---|---|
1-2 | 0% (0 VITAE) | 100% (1100030 VITAE) | N/A |
3-200 | 0% (0 VITAE) | 100% (30 VITAE) | N/A |
PoS Rewards Breakdown
Phase | Block Height | Reward | Supernodes | Masternodes & Stakers | Budget |
---|---|---|---|---|---|
Phase 1 | 201-189750 | 30 VITAE | 60% (18 VITAE) | 60% (12 VITAE) | 0% (0 VITAE) |
Phase 2 | 189750-259200 | 30 VITAE | 40% (12 VITAE) | 60% (18 VITAE) | 0% (0 VITAE) |
Phase 3 | 259200-518400 | 20 VITAE | 40% (8 VITAE) | 60% (12 VITAE) | 0% (0 VITAE) |
Phase 4 | 518400-777600 | 15 VITAE | 40% (6 VITAE) | 60% (9 VITAE) | 0% (0 VITAE) |
Phase 5 | 777600-1036800 | 10 VITAE | 40% (4 VITAE) | 60% (6 VITAE) | 0% (0 VITAE) |
Phase 6 | 1036800-onwards | 5 VITAE | 40% (2 VITAE) | 60% (3 VITAE) | 0% (0 VITAE) |