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README.md

VITAE Core integration/staging repository

Build Status GitHub version

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

  • Anonymized transactions using the Zerocoin Protocol.
  • Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
  • 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 a collateral of 20K VITAE. Each Supernode secured with 10K VITAE burn.

More information at vitaetoken.io

Coin Specs

AlgoQuark
Block Time45 Seconds
Difficulty RetargetingEvery Block
Max Coin Supply (PoW Phase)1,105,940 VITAE
Max Coin Supply (PoS Phase)100,000,000 VITAE
Premine1,105,940 VITAE*

*800,000 VITAE of the Premine is to be burned for creation of Supernodes. As of Block 23575 nearly 300,000 VITAE has been burned for the creation of Supernodes.

Reward Distribution

PoW Phase
Block HeightReward AmountNotesDuration (Days)
130 VITAEInitial Premine Approx 0 Days
21,100,000 VITAE
3-20030 VITAEInitial Mining Approx 1 Days
PoS Phase
Block HeightReward Amount
201-InfiniteVariable based on SeeSaw Reward Mechanism

PoW Rewards Breakdown

Block HeightMasternodesMinerBudget
1-20% (0 VITAE)100% (1100030 VITAE)N/A
3-2000% (0 VITAE)100% (30 VITAE)N/A

PoS Rewards Breakdown

PhaseBlock HeightRewardSupernodesMasternodes & StakersBudget
Phase 1201-18975030 VITAE60% (18 VITAE)60% (12 VITAE)0% (0 VITAE)
Phase 2189750-25920030 VITAE40% (12 VITAE)60% (18 VITAE)0% (0 VITAE)
Phase 3259200-51840020 VITAE40% (8 VITAE)60% (12 VITAE)0% (0 VITAE)
Phase 4518400-77760015 VITAE40% (6 VITAE)60% (9 VITAE)0% (0 VITAE)
Phase 5777600-103680010 VITAE40% (4 VITAE)60% (6 VITAE)0% (0 VITAE)
Phase 61036800-onwards5 VITAE40% (2 VITAE)60% (3 VITAE)0% (0 VITAE)
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