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README.md

GambleCoin Core integration/staging repository

Codacy Badge Build Status

GambleCoin 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 90% of its block reward size between masternodes and staking nodes and 10% dedicated for budget proposals. The goal of GambleCoin is to achieve a decentralized sustainable crypto currency with near instant full-time private transactions, fair governance and community intelligence.

  • Anonymized transactions.
  • 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 gamblecoin-info.com Visit our ANN thread at BitcoinTalk

Coin Specs

AlgoQuark
Block Time90 Seconds
Difficulty RetargetingEvery Block
Max Coin Supply15,600,000 GMCN
Premine10% GMCN*

Reward Distribution

Genesis Block
Block HeightReward AmountNotes
21,560,000 GMCNInitial Pre-mine

PoW Rewards Breakdown

Block HeightMiner
1-20030 GMCN

PoS Rewards Breakdown

PhaseBlock HeightRewardMasternodes & StakersSupply
Phase 1201-210,00030 GMCNSeesaw Balance7,859,910
Phase 2210,001-420,00015 GMCNSeesaw Balance11,009,895
Phase 3420,001-630,0007.5 GMCNSeesaw Balance12,584,888
Phase 4630,001-840,0003.75 GMCNSeesaw Balance13,372,384
Phase 5840,001-1,050,0001.875 GMCNSeesaw Balance13,766,132
Phase 61,050,001-3,006,1270.9375 GMCNSeesaw Balance15,600,000