Skip to content

SlateTeam/SlatechainCore

Repository files navigation

SLTC Core integration/staging repository

SLTC Coin Features

  • Anonymized transactions using our "Stealth Mode"
  • Time Based Masternode Rewards - people who hold MN for a longer time can be rewarded more than others.
  • Fast transactions or Flash Send.
  • Masternode technology used to secure the network and provide the above features, each Masternode is secured with collateral of 6K SLTC

Coin Specs

AlgoLyra2z
Block Time150 Seconds
Difficulty RetargetingEvery Block
Max Coin Supply (PoW Phase)48,000,000 SLTC
Premine2,500,000 (minus swap) SLTC

Reward Distribution

PoW Rewards Breakdown

PoW Phase
Block HeightReward AmountNotesDuration (Days)
0-22,500,000 SLTCInitial Premine0 Days
2-1001 SLTCInstamine Protection0 Days
200-5003 SLTCInstamine Protection
501-8005 SLTCInstamine Protection
801-20007 SLTCInstamine Protection
2001-25,00020 SLTCOpen Mining Approx 90 Days
PoS Phase
Block HeightReward Amount
Block HeightMinerMasternodes
2001-25,00050% (10 SLTC)50% (10 SLTC)

PoS Rewards Breakdown

Halves Every 190k blocks after block 1.33M
PhaseBlock HeightRewardStakersMasternodes
Phase 125,000-190,00024 SLTC50% (12 SLTC)50% (12 SLTC)
Phase 2190,000-380,00020 SLTC50% (10 SLTC)50% (10 SLTC)
Phase 3380,000-570,00030 SLTC50% (15 SLTC)70% (15 SLTC)
Phase 4570,000-950,00024 SLTC50% (12 SLTC)50% (12 SLTC)
Phase 5950,000-1.14M20 SLTC50% (10 SLTC)50% (10 SLTC)
Phase 61.14M-1.33M16 SLTC50% (8 SLTC)50% (8 SLTC)

MN Payments

  • Masternode payments start from block 2001.