Distributed under the MIT/X11 software license.
Copyright © 2009-2015 The Bitcoin developers Copyright © 2013 PPCoin developers Copyright © 2013 NovaCoin developers Copyright © 2014 BitcoinDark developers Copyright © 2017 PlatinumCore developers
Platinum Core - South Africa
Platinum Core is a free open source project derived from Bitcoin. Platinum Core has a rapidly changing Proof of Work and Proof of Stake system, and it's first goal is to test an evolving POS system and observe it's effects on the blockchain and in the altcoin marketplace.
Platinum Core is built on the foundation of Bitcoin, PPCoin, Novacoin, and BitcoinDark, with a modified POS system.
We are testing also a new strategy where there is no block halving but instead we kick off with a low reward system which rapidly increase as the number of blocks get mined. This will hopefully settle in at a good market price for future trades. It's goal is also to encourage miners to get higher rewards as the number of blocks increase.
There will be a 1 % premine - premine goes towards Developer for Bounties, Donations, Giveawys & Future development of the coin.
Website: www.platinumcore.co.za Email: info@platinumcore.co.za
Coin Specifications Coin Name - Platinum Core Ticker - PLTCR Reward Type - POW / DPOS / POS Algorithm SHA256 Max Money Supply - approximately 300 000 000 PLTCR POW Money Supply - 100 249 995 PLTCR DPOS Money Supply - 65 250 000 PLTCR Normal POS Money Supply at approximately 9 % interest per year after block 2 200 000 - 134 500 005 PLTCR Block Time - 120 seconds (2 minutes) Number of confirmations required to mature - 30 No block halving - rewards increase as more blocks get mined RPCPORT - 31452
PlatinumCore.conf
rpcuser=yourplatinumcoreusername rpcpassword=yourplatinumcorepassword rpcport=31452 server=1 daemon=1 rpcallowip=127.0.0.1
addnode=169.159.129.254 addnode=169.159.129.250 addnode=127.0.0.1:31452
Rewards - POW - Proof Of Work Phase
Block 1 to 1 - 1 000 000 PLTCR per block Block 2 to 50 000 - 5 PLTCR per block Block 50 001 to 150 000 - 10 PLTCR per block Block 150 001 to 350 000 - 20 PLTCR per block Block 350 001 to 650 000 - 40 PLTCR per block Block 650 001 to 1 050 000 - 80 PLTCR per block Block 1 050 001 to 1 550 000 - 100 PLTCR per block
LAST POW BLOCK 1 550 000
Rewards - DPOS - Dynamic Proof Of Stake Phase
Block 50 000 to 100 000 - 5 PLTCR per block Block 100 001 to 200 000 - 10 PLTCR per block Block 200 001 to 400 000 - 15 PLTCR per block Block 400 001 to 700 000 - 20 PLTCR per block Block 700 001 to 1 100 000 - 25 PLTCR per block Block 1 100 001 to 1 600 000 - 30 PLTCR per block Block 1 600 001 to 2 200 000 - 50 PLTCR per block
LAST DPOS BLOCK 2 200 000
Rewards - POS - Proof Of Stake Phase
At approximately 9 % interest per year after block 2 200 000
See bitcointalk.org PlatinumCore thread for more info https://bitcointalk.org/index.php?topic=2638104.0