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README.md

Cryptonodes Core integration/staging repository

Build Status GitHub

Cryptonodes (CNMC) 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. Cryptonodes utilizes an energy efficient proof-of-stake algorithm, can be mined on any computer, and will never require specialized mining equipment. The Green Protocol offers a simple solution to Bitcoin sustainability issues and provides a faster, more scalable blockchain that is better suited for daily transactional use.

  • 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 5000 CNMC.

Coin Specs

Block times: - 1 minute

Maximum supply: - 21,000,000 (21 million) CNMC

Consensus mechanism: - Proof-of-Stake (85% masternodes, 15% stakers)

Masternode collateral - 5000 CNMC

Features: - Budget, treausury and masternode governance is enabled

RPC Port: - 34219

P2P Port: - 44219

Block reward breakdown (Block height - Reward per block)

Block 201-5,000 - 1.000 CNMC

Block 5,001-25,000 - 30 CNMC

Block 25,001-100,000 - 20 CNMC

Block 100,001-1,050,000 - 10 CNMC

Block 1,050,001-2,100,000 - 5 CNMC

Block 2,100,001-3,150,000 - 2,5 CNMC

Block 3,150,001-2,200,000 - 1,25 CNMC

Then the block reward splits every 1'050'000 blocks. Until the total is generated.

More information at cryptonodes.ch

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