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BlockidCoin Core integration/staging repository

Build Status GitHub version

BlockidCoin is an open source crypto-currency focused on fast private transactions using the Zerocoin protocol, with low transaction fees & environmental footprint. It utilizes the first ever anonymous proof of stake protocol, called zPoS, combined with regular PoS and masternodes for securing its network. zPoS incentivises using the privacy features available in BlockidCoin by granting a higher block reward for zPoS over regular PoS and masternodes. In practice BlockidCoin has between 4 to 10 times higher use of it's privacy features in comparison to other coins that combine public and private transactions. This is thanks to innovations like zPoS and integrating the Zerocoin protocol into light/mobile wallets, allowing for a complete and lightweight privacy protocol that can be used on the go. As well as security improvements like deterministic generation of zBID for easy backups. The goal of BlockidCoin is to achieve a decentralized sustainable crypto currency with near instant full-time private transactions, fair governance and community intelligence.

  • Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX. More information at blockidcoin.com Visit our ANN thread at BitcoinTalk Join our community on Discord

Coin Specs

AlgoQuark
Block Time60 Seconds
Difficulty RetargetingEvery Block
Max Coin Supply (PoW Phase)60,000,000 BID
Max Coin Supply (PoS Phase)Infinite
Premine360,000 BID*

*360,000 BID Premine

Reward Distribution

Genesis Block
Block HeightReward AmountNotes
1360,000 BIDInitial Pre-mine

PoW Rewards Breakdown

Block HeightMasternodesMinerBudget
0-5000% (0 BID)100% (1 BID)N/A

PoS Rewards Breakdown

PhaseBlock HeightRewardMasternodesStakersMN Collateral
Phase 2501-50000.5 BID0.495 BID0.005 BID100 BID
Phase 35001-100001 BID0.995 BID0.005 BID200 BID
Phase 410001-200001.5 BID1.495 BID0.005 BID300 BID
Phase 520001-300002 BID1.995 BID0.005 BID400 BID
Phase 630001-400002.5 BID2.495 BID0.005 BID500 BID
Phase 740001-500004 BID3.995 BID0.005 BID850 BID
Phase 850001-600004.5 BID4.995 BID0.005 BID1000 BID
Phase 960001-700007 BID6.995 BID0.005 BID1250 BID
Phase 1070001-800008.5 BID8.495 BID0.005 BID1500 BID
Phase 1180001-900009.5 BID9.495 BID0.005 BID1700 BID
Phase 1290001-10000010.5 BID10.495 BID0.005 BID1900 BID
Phase 13100001-11000011.5 BID11.495 BID0.005 BID2000 BID
Phase 14110001-12000013 BID12.995 BID0.005 BID2500 BID
Phase 15120001-13000015 BID14.995 BID0.005 BID4500 BID
Phase 16130001-Collateral Lock20 BID19.995 BID0.005 BID7000 BID