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Consensus Algorithm: PoS + zPoS Hybrid
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Hashing Algorithm: XEVAN
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Block size: 2 MB
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Block Time: 110 Seconds (Re-targeting every block)
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Transactions per second: 173 TPS (current theoretical maximum)
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Mine-able: No
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Stake-able: Yes (Earn block reward from coin ownership)
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Masternode Support: Yes, 5,000 QUAN per masternode
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MINEABLE TOTAL MAX SUPPLY : 9,364,125 QUAN
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PRE-MINE SUPPLY Block 1 : 1,155,000 QUAN
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QUAN MAX SUPPLY : 10,519,125 QUAN
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P2P Port: 7771
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RPC Port: 7772
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Current Wallet Version ( 2.0.1 ) Please see releases tabs for official wallet downloads
Year 1: Block reward: Max. 5 QUAN per block (split dynamically between stakers & masternodes)
Year 2: Block reward: Max. 6 QUAN per block (split dynamically between stakers & masternodes)
Year 3: Block reward: Max. 0.03 QUAN per block (split dynamically between stakers & masternodes)
Year 4: Block reward: Max. 0.015 QUAN per block (split dynamically between stakers & masternodes)
Dynamic Coin Supply: ALL transaction fees & zPIV minting fees are burnt.
0 - 2,500 TEST NET phase 0.001 QUAN / BLOCK ( 50% MN - 50% POS )
BLOCK 2,501 - 12,501 - 28.5 QUAN / MN 1.5 POS = 300,000 QUAN ( 95% - 5% ) 300,000.01
BLOCK 12,502 - 512,502 - 4 QUAN/BLOCK 1.0 POS = 500,000 QUAN ( 80% - 20% ) 2,500,000
BLOCK 512,503 - 1,012,503 - 4.5 QUAN/BLOCK 1.5 POS = 3,000,000 QUAN ( 75% - 25% ) 3,000,000
BLOCK 1,012,504 - 1,512,504 - 0.02 QUAN/BLOCK - 0.01 POS = 0 QUAN ( 100% - 66.6% ) 15,000
BLOCK 1,512,505 - 1,762,505 - 0.01 QUAN/BLOCK - .005 POS = 0 QUAN ( 100% - 66.6% ) 3,750
BLOCK 1,762,505 - 2,012,505 - 0.001 QUAN/BLOCK - 0.0005 POS = 0 QUAN ( 100% - 66.6% ) 375
BLOCK 2,012,506 - INFINITY - 0.000001 QUAN/BLOCK - .000001 POS ( 100% - 50% )
Expected Date | Blocks Passed |
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January 2020 | 512,502 |
January 2021 | 1,025,006 |
January 2022 | 1,525,008 |
July 2022 | 1,762,505 |
January 2023 | 2,012,505 |
20% of Block Rewards used to fund budget when activated Each Masternode is allowed 1 vote per proposal
Maturity Confirms: 101 confirms
Wallet Status: Requires core wallet to remain online and unlocked for staking.
Maturity Confirms: 200 confirms
Wallet Status: Requires core wallet to remain online and unlocked for staking.
Minimum Confirm (QUAN) : 6 confirms
Minimum Confirm (zQUAN): 20 confirms + 1 new mint of the same denomination in the network
Confirmations: 1 for locking and 6 to spend. Collateral held time: 15 minutes.
Node expiration: 120 minutes Node removal: 130 minutes
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Privacy Technology: Custom Zerocoin Protocol based on Libzerocoin (we call this zQUAN)
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Key Features: Custom accumulator check-pointing system
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Accumulator Modulus: RSA-2048
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zPIV Denominators: 1, 5, 10, 50, 100, 500, 1000, 5000
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Mint time: >= 0.5 seconds
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Spend time: >= 2.5 seconds
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Maximum single Spend limit: 35,000 QUAN
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Maximum single Spend denomination count limit: 7
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Fees (mint): 0.01 PIV per minted zQUAN denomination.
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Fees (spend): No fee
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Minimum QUAN confirmation count required to mint zQUAN: 6 confirmations
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Minimum zQUAN confirmation count required before spend: 20 confirmations
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Maturity requirement before zQUAN can be spent: 1 new identical denomination mint added to accumulator
April 25th 2018 to January 4th 2019 (FINISHED)
April 25th 2018 from block 1 onward (CURRENT)