/Zantix

Primary LanguageC++MIT LicenseMIT

Zantix repository

Zantix (ZNTX) is a sustainable cryptocurrency modeled after Satoshi Nakamoto’s vision for Bitcoin. It is a decentralized, peer-to-peer transactional currency designed to offer a solution to the problem posed by the exponential increase in energy consumed by Bitcoin and other proof-of-work currencies. Proof-of-work mining is environmentally unsustainable due to the electricity used by high-powered mining hardware. An energy efficient proof-of-stake algorithm is utilized, can be mined on any computer, and will never require specialized mining equipment. The Green Protocol offers a simple solution to Bitcoin sustainability issues and provides a faster, more scalable blockchain that is better suited for daily transactional use.

  • Fast transactions featuring guaranteed zero confirmation transactions, using SwiftTX.
  • 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 10,000 ZNTX.

Specifications

Coin NameZantix
TickerZNTX
AlgorithmQuark
Max Coin Supply21.000.000
Premine2.000.000
Masternode collateral10.000 ZNTX
Block time60 seconds
Block reward split85% Masternodes / 15% staking
Required Confirmations8
P2P Port24400
RPC Port24401

Rewards Breakdown

PhaseTypeBlock HeightReward Block
Phase 1Premine12.000.000 ZNTX
Phase 2POW2-20025 ZNTX
Phase 3POS201-50.00015 ZNTX
Phase 4POS50.0001-100.00010 ZNTX
Phase 5POS100.001-1.050.0005 ZNTX
Phase 6POS1.050.000-max supply2 ZNTX