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README.md

BLTG Core integration/staging repository

Build Status

BLTG is an open-source utility token which offers consumers and enterprises the benefits of a decentralised data network, with low transaction fees & environmental footprint. It utilizes regular PoS and Masternodes for securing its network.

The goal of BLTG is to combine the benefits of Blockchain and Distributed Technologies to empower consumers of our technologies with the tools to securely store, manage and distribute electronic data.

  • Fast transactions featuring guaranteed zero-confirmation transactions, we call it SwiftX.
  • Decentralized blockchain voting utilizing Masternode technology to form a DAO (Decentralized autonomous organization). The blockchain will distribute monthly treasury funds based on successful proposals submitted by the community and voted on by the DAO.

More information at block-logic.com

Coin Specs

AlgoQuark
Block Time60 Seconds
Difficulty RetargetingEvery Block
Max Coin Supply (PoW Phase)33 000 300 BLTG
Max Coin Supply (PoS Phase)Infinite
Premine33 000 300 BLTG*

*33 000 300 BLTG Premine

Reward Distribution

Genesis Block
Block HeightReward AmountNotes
1 - 113000,000 BLTGInitial Pre-mine.

PoW and PoS Rewards Breakdown

Block HeightStakersMasternodesBudget *
11-30040% (0.40 BLTG)60% (0.60 BLTG)N/A
301-2020020% (0.20 BLTG)80% (0.80 BLTG)20% (0.20 BLTG)
20201-27940020% (2 BLTG)80% (8 BLTG)20% (2 BLTG)
279401-53860020% (1.8 BLTG)80% (7.2 BLTG)20% (1.8 BLTG)
538601-79780020% (1.6 BLTG)80% (6.4 BLTG)20% (1.6 BLTG)
797801-105700020% (1.4 BLTG)80% (5.6 BLTG)20% (1.4 BLTG)
1057001-131620020% (1.2 BLTG)80% (4.8 BLTG)20% (1.2 BLTG)
1316201-157540020% (1 BLTG)80% (4 BLTG)20% (1 BLTG)
1575401-Infinite20% (1 BLTG)80% (4 BLTG)20% (1 BLTG)
  • Budget representation is merely informative as to what will be stored for approval by Masternode community Holders
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