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README.md

BLTG Core integration/staging repository

pipeline status

BLTG is an open source crypto-currency focused on fast private transactions with low transaction fees & environmental footprint. It utilizes a custom Proof of Stake protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 80% of its block reward size between masternodes and staking nodes and 20% dedicated for budget proposals. The goal of BLTG is to achieve a decentralized sustainable crypto currency with near instant full-time private transactions, fair governance and community intelligence.

  • Anonymized transactions using the Zerocoin Protocol.
  • Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
  • Decentralized blockchain voting utilizing Masternode technology to form a DAO. 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 Visit our ANN thread at BitcoinTalk

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