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README
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README
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# TRAID integration/staging repository
TRAID coin is a PoW/PoS/Masternode hybrid cryptocurrency built on the Scrypt hashing algorithm. Block rewards are split evenly between PoW and PoS. 2/3 of PoS rewards are allocated to Masternodes. TRAID coin will be used as the main payment method on the upcoming Traid platform.
## Traid MAINNET starts on July 29th 2018 - 6:00 PM UTC
## Resources
* Official site: https://www.traid.tv
* Official pool: https://pool.traid.tv
* Block explorer: https://explorer.traid.tv
* Whitepaper: https://www.traid.tv/Traid_Whitepaper.pdf
* Twitter: https://twitter.com/traid_platform
* Discord: https://discord.gg/tEUt4aX
* Telegram: http://t.me/traidplatform
* Youtube: https://www.youtube.com/channel/UCjoJNtjDmIiCNSzpAvixLGA
* Medium: https://medium.com/@traid_platform
* Announcement: https://bitcointalk.org/index.php?topic=4722732.0
## Coin Specs
<table>
<tr>
<td colspan="2">Algo</td>
<td colspan="2">Scrypt -> NeoScrypt( > 60.000 block)</td>
</tr>
<tr>
<td colspan="2">Block time</td>
<td colspan="2">120 Seconds</td>
</tr>
<tr>
<td colspan="2">Max Coin Supply</td>
<td colspan="2">252 000 000 TRAID</td>
</tr>
<tr>
<td colspan="2">Difficulty Retargeting</td>
<td colspan="2">Every Block</td>
</tr>
<tr>
<td colspan="2">Masternode Collateral</td>
<td colspan="2">60 000 TRAID</td>
</tr>
<tr>
<td colspan="2">Coinbase Maturity</td>
<td colspan="2">30 Blocks</td>
</tr>
<tr>
<td colspan="2">Stake Minimum Age</td>
<td colspan="2">3 Hours</td>
</tr>
<tr>
<td colspan="2">P2P Port</td>
<td colspan="2">53569</td>
</tr>
<tr>
<td colspan="2">RPC Port</td>
<td colspan="2">53568</td>
</tr>
</table>
## PoW/PoS Rewards Breakdown
| Block Height | PoW - Mining | PoS - Masternodes | PoS - Staking |
| ------------ | ------------ | ------------ | ------------ |
| 1 | 25 200 000 TRAID | 0 TRAID| 0 TRAID|
| 2-500 | 0 TRAID| 0 TRAID| 0 TRAID|
| 501-1000 | 2 TRAID | 1 TRAID| 1 TRAID|
| 1001~3 780 500 | 60 TRAID| 40 TRAID| 20 TRAID|