BABY is an open source crypto-currency focused on fast private transactions with low transaction fees & environmental footprint. It utilizes a custom Proof of Stake protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 90% of its block reward size between masternodes and staking nodes and 10% dedicated for budget proposals. The goal of BABY is to achieve a decentralized sustainable crypto currency with near instant full-time private transactions, fair governance and community intelligence.
- Anonymized transactions using the Zerocoin Protocol.
- Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
- Decentralized blockchain voting utilizing Masternode technology to form a DAO. The blockchain will distribute monthly treasury funds based on successful proposals submitted by the community and voted on by the DAO.
More information at babychain.xyz Visit our ANN thread at BitcoinTalk
Coin Specifications
Algorithm: QUARK
Short: BABY
Total coin: 2.1Billion
Difficulty Retargeting: each block (Dark Gravity Wave v3)
Block time: 60 seconds
POS Min age: 1h
POS Max age: unlimited
Confirmations: 6
Maturity: 100
InstantX:SwiftTX Eligibility
1 confirm for locking and 6 confirm to spend.
Collateral held for 15 minutes.
POW end:259200 block(180day) PoW Rewards Breakdown
[blocks 2-43200] 20% MN (500 BABY) / 80% MINER (2000 BABY) [blocks 43201-86400] 33.3% MN (833 BABY) / 80% MINER (1667 BABY) [blocks 86401-151200] 33.3% MN (833 BABY) / 70% MINER (1500 BABY) / 10% Available to the budget system (250 BABY) [blocks 151201-259200] 45% MN (225 BABY) / 45% MINER (225 BABY) / 10% Available to the budget system (50 BABY)
PoS Rewards Breakdown:
PoS Phase 1: [blocks 259201-302399] 450 BABY(90% distributed to staker and masternode - 10% available to budget system) PoS Phase 2: [blocks 302400-345599] 405 BABY(90% distributed to staker and masternode - 10% available to budget system) PoS Phase 3: [blocks 345600-388799] 360 BABY(90% distributed to staker and masternode - 10% available to budget system) PoS Phase 4: [blocks 388800-431999] 315 BABY(90% distributed to staker and masternode - 10% available to budget system) PoS Phase 5: [blocks 432000-475199] 270 BABY(90% distributed to staker and masternode - 10% available to budget system) PoS Phase 6: [blocks 475200-518399] 225 BABY(90% distributed to staker and masternode - 10% available to budget system) PoS Phase 7: [blocks 518400-561599] 180 BABY(90% distributed to staker and masternode - 10% available to budget system) PoS Phase 8: [blocks 561600-604799] 135 BABY(90% distributed to staker and masternode - 10% available to budget system) PoS Phase 9: [blocks 604800-647999] 90 BABY(90% distributed to staker and masternode - 10% available to budget system) PoS Phase X: [blocks 648000-Infinite] 45 BABY(90% distributed to staker and masternode - 10% available to budget system)
Max Coin Supply from PoS-Infinite
P2P port: 55442
RPC port: 55444
privacy module:ZEROCOIN
Autobackup wallet