CIRCUIT is an innovative cryptocurrency geared towards the fanatics and supporters of the competitive racing industry. Utilizing the PIVX protocol, it utilizes the first ever anonymous proof-of-stake protocol, named zPoS, combined with regular PoS and masternode technology for securing its network. ZPoS incentivizes using the privacy feature by granting higher block rewards over regular PoS and masternodes. In reality, CIRCUIT has between 4 to 10 times higher use of its privacy feautres in comparison to other digital currencies that combine public and private transactions. With this innovation, integrating the technology into mobile wallets allows for a complete and lightweight privacy protocol that can be used worldwide.
CIRCUIT utilizes the proof-of-stake protocol with the enhancement of masternode technology with nearly zero transaction fees.
The mission of CIRCUIT is to reach world-wide adoption specifically focusing on the competitive racing audiences.
More information can be found at the official CIRCUIT website, https://www.circuit-society.io
Visit our ANN thread at https://bitcointalk.org/index.php?topic=5164625
DOWNLOAD THE OFFICIAL CIRCUIT WALLET: https://github.com/CircuitProject/Circuit-Project/releases
| Algo | Quark |
| Block Time | 60 Seconds |
| Difficulty Retargeting | Every Block |
| Maximum Coin Supply | 3,000,000,000 CRCT |
| Premine | 360,000,000 CRCT |
*Premine outlined in official white paper - https://media.circuit-society.io/docs/PDF_Circuit_Whitepaper.pdf
| Genesis Block | |||
|---|---|---|---|
| Block Height | Reward Amount | Notes | |
| 1 | 360,000,000 CRCT | Initial pre-mine, non-staking (Please see above) | |
| Phase | Block Height | Block Reward | Masternode | Staking | Budget |
|---|---|---|---|---|---|
| 1 | 2,001-264,999 | 750 CRCT | 39% (292.5 CRCT) | 60% (450 CRCT) | 1% (7.5 CRCT) |
| 2 | 265,000-527,998 | 1,000 CRCT | 49% (490 CRCT) | 50% (500 CRCT) | 1% (10 CRCT) |
| 3 | 527,999-790,997 | 800 CRCT | 54% (432 CRCT) | 45% (360 CRCT) | 1% (8 CRCT) |
| 4 | 790,998-1,053,996 | 600 CRCT | 59% (354 CRCT) | 40% (240 CRCT) | 1% (6 CRCT) |
| 5 | 1,053,997-1,842,500 | 500 CRCT | 64% (320 CRCT) | 35% (175 CRCT) | 1% (5 CRCT) |
| 6 | 1,842,501-2,631,004 | 250 CRCT | 69% (172.5 CRCT) | 30% (75 CRCT) | 1% (2.5 CRCT) |
| 7 | 2,631,005-4,208,011 | 200 CRCT | 79% (158 CRCT) | 20% (40 CRCT) | 1% (2 CRCT) |
| 8 | 4,208,012-∞ | - CRCT | -% (- CRCT) | -% (- CRCT) | -% (- CRCT) |