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README.md

Las Vegas Coin Core

Las Vegas Coin Core integration/staging repository

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

  • Anonymized transactions using coin mixing technology, we call it Obfuscation.
  • Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftTX.
  • 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 1000 VGS

Visit our ANN thread at BitcoinTalk

Coin Specs

AlgoQuark
Block Time5 minutes
Difficulty RetargetingEvery Block
Max Coin Supply (PoS Phase)Infinite
Premine220000 VGS

Reward Distribution

PoW Phase
Block HeightReward AmountNotesDuration (Days)
1220000 VGSInitial Premine0 Days
2-7500.05 VGSOpen Mining (halving each year)
750-1051200.5 VGSOpen Mining (halving each year)
105121-2102400.25 VGS
Block reward halving each year (or 105120 blocks)
PoS 3.0 Phase
Block HeightReward Amount
1-Infinite0.5 VGS fixed PoS rate

PoW Rewards Breakdown

Block HeightMasternodesMiner
1-Infinite50% (0.025 VGS)50% (0.025 VGS)

PoS Rewards Breakdown

Block HeightRewardMasternodes & StakersBudget
1-Infinite0.5 VGS50% (0.25 VGS)50% (0.25 VGS)
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