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README.md

Zest Core integration/staging repository

Zest (ZEST) is a sustainable cryptocurrency modeled after Satoshi Nakamoto’s vision for Bitcoin. It is a decentralized, peer-to-peer transactional currency designed to offer a solution to the problem posed by the exponential increase in energy consumed by Bitcoin and other proof-of-work currencies. Proof-of-work mining is environmentally unsustainable due to the electricity used by high-powered mining hardware. Zest utilizes an energy efficient proof-of-stake algorithm, can be mined on any computer, and will never require specialized mining equipment.

  • 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 a collateral of 2,500 ZEST.

More information at zestcoin.io

Coin Specs

Block Time 120 Seconds
Premine 1,500,000 ZEST
Max Coin Supply (PoW Phase) 1,500,000 ZEST
Max Coin Supply (PoS Phase) 27,800,000 ZEST
Total Supply 29,300,000 ZEST

Reward Distribution

Block Height Reward Masternodes PoS Budget
1000-5000 1 ZEST 85% (0.85 ZEST) 10% (0.1 ZEST) 5% (0.05 ZEST)
5001-25000 10 ZEST 85% (8.5 ZEST) 10% (1 ZEST) 5% (0.5 ZEST)
25001-100000 7.5 ZEST 85% (6.375 ZEST) 10% (0.75 ZEST) 5% (0.375 ZEST)
100001-1050000 7.5 ZEST 85% (6.375 ZEST) 10% (0.75 ZEST) 5% (0.375 ZEST)
1050001-2100000 4 ZEST 85% (3.4 ZEST) 10% (0.4 ZEST) 5% (0.2 ZEST)
2100001-3150000 3.5 ZEST 85% (2.975 ZEST) 10% (0.35 ZEST) 5% (0.175 ZEST)
3150001-4200000 3 ZEST 85% (2.55 ZEST) 10% (0.3 ZEST) 5% (0.15 ZEST)
4200001-5250000 2.5 ZEST 85% (2.125 ZEST) 10% (0.25 ZEST) 5% (0.125 ZEST)
5250001-6300000 1.5 ZEST 85% (1.275 ZEST) 10% (0.15 ZEST) 5% (0.075 ZEST)
6300001-7350000 1.3 ZEST 85% (1.105 ZEST) 10% (0.13 ZEST) 5% (0.065 ZEST)
7350001-8400000 1.1 ZEST 85% (0.935 ZEST) 10% (0.11 ZEST) 5% (0.055 ZEST)
8400001-9450000 0.9 ZEST 85% (0.765 ZEST) 10% (0.09 ZEST) 5% (0.045 ZEST)
9450001-10500000 0.7 ZEST 85% (0.595 ZEST) 10% (0.07 ZEST) 5% (0.035 ZEST)
10500001-11550000 0.6 ZEST 85% (0.51 ZEST) 10% (0.06 ZEST) 5% (0.03 ZEST)
11550001-12600000 0.5 ZEST 85% (0.425 ZEST) 10% (0.05 ZEST) 5% (0.025 ZEST)