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README.md

PIEX Core integration/staging repository

Build Status GitHub version

PIEX is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.

  • Anonymized transactions using coin mixing technology, we call it Coin Mixing.
  • Fast transactions featuring guaranteed zero confirmation transactions, we call it FastSend.
  • 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 collateral of 25K PIEX

More information at piex.io

Coin Specs

Ticker SymbolPieX
AlgorithmQuark
TypePoW - PoS Hybrid*
Block Time60 Seconds
Difficulty RetargetingEvery Block
Max Coin Supply (PoS)94.5Mil PIEX
Premine/Initial Supply78Mil PIEX*
PieX Created Per block60 PIEX*

*First 1000 Blocks PoW. 1001 - Infinite Blocks PoS only.

**78Mil PieX initial coins Premined to Swap over prior PIE Block Chain.

PoS/PoW Block Details

Proof Of Work Phase1-1000 Blocks.
Proof of Stake Phase1001-infinite

Staking Methods

MasternodesYes - 25k PieX Required
Wallet StakingYes - 1 to infinite PieX

Staking Reward Details

PieX Produced60 PieX Per Block
Amount Designated for Rewards100% of PieX produced goes to Staking Rewards
Rewards AlgorithmTeeter Totter Based Targeting System
Amount of Rewards Per Block2 Rewards, 1 for Masternodes, 1 for Wallet Staking
Coin Maturity to Stake150 Blocks

Rewards Amounts

Block 1000 to 172000:

50/10 When Wallet Staking has dominance over network.*

48/12 When Master nodes have dominance over network.**

*50 Piex to Masternodes that win block, 10 Piex to Wallet Stakers that win block.

**48 Piex to Wallet Staker that win block, 12 Piex to Masternodes that win block.