Qudex Pay(QDP) is a new generation cryptocurrency that combines the best practices of different coins. The goal of QDP is to achieve a decentralized sustainable crypto currency of superior anomity and speed with new technologies such as Obfuscation and SwiftTx.
PoW Algorithm: Qubit
PoW Blocks: 1 - 1,339,200 (est. ~ 930 Days)
PoW Max Coin Output/Supply: ~ 57M
PoS Blocks: Block 1339201 - Infinite
Block Time: 60 Seconds
Maturity: 100 Confirmations
Masternode Requirements: 10,000 QDP
Premine: ~1.58%
Premine Usage: 100K QDP will be used to setup 10 masternodes in order to ensure certain blockchain functionalities from the start and will be burned after 6 months, rest will be used for bounty/exchange listing/dev fee.
Proof of Work block rewards, masternode reward allocation schema
1 - 43200 100 QDP Masternodes 20 QDP Miners 80 QDP
43201 - 86400 50 QDP Masternodes 20 QDP Miners 30 QDP
86401 - 648000 40 QDP Masternodes 20 QDP Miners 20 QDP
648001 - 1339200 30 QDP Masternodes 20 QDP Miners 10 QDP
Proof of Stake will automatically be enabled at block 1339201 with block reward at 20 QDP.
Masternode and staker rewards with PoS: Masternodes and stakers will receive proportional rewards according to the total coins staked.
For more information check out our website at QuDexPay.com