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) |