ECODOLLAR is an open source crypto-currency focused on fast transactions using PoS protocol, with low transaction fees & environmental footprint. It utilizes proof of stake protocol and masternodes for securing its network. The goal of ECODOLLAR is to achieve a decentralized sustainable crypto currency with near instant full-time transactions, fair governance and community intelligence.
- Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
- Decentralized blockchain voting utilizing Masternode technology to form a DAO. The blockchain will distribute monthly treasury funds based on successful proposals submitted by the community and voted on by the DAO.
More information at ecodollar.org Visit our ANN thread at BitcoinTalk
| Algo | Quark |
| Block Time | 60 Seconds |
| Difficulty Retargeting | Every Block |
| Max Coin Supply (PoW Phase) | 9,125.47528 ECOS |
| Max Coin Supply (PoS Phase) | Infinite |
| Premine | 100,000,000,000 ECOS* |
| Genesis Block | |||
|---|---|---|---|
| Block Height | Reward Amount | Notes | |
| 1 | 100,000,000,000 ECOS | Initial Pre-mine | |
| Block Height | Masternodes | Miner | Backbone Budget |
|---|---|---|---|
| 2-400 | 20% (1,825.09506 ECOS) | 40% (3,650.19012 ECOS) | 40% (3,650.19012 ECOS) |
| Phase | Block Height | Reward | Masternodes & Stakers | Backbone Budget |
|---|---|---|---|---|
| Phase X | 401-∞ | X ECOS | 60% (X*0,60 ECOS) | 40% (X*0,40 ECOS) |