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| Original file line number | Diff line number | Diff line change |
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| @@ -1,56 +1,54 @@ | ||
| PIVX Core integration/staging repository | ||
| ELLI Core integration/staging repository | ||
| ===================================== | ||
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| [](https://travis-ci.org/PIVX-Project/PIVX) [](https://badge.fury.io/gh/PIVX-Project%2FPIVX) | ||
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| PIVX 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 PIVX 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_](http://www.pivx.org/zpiv). | ||
| ELLI 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 ELLI 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_](http://www.elli.org/zelli). | ||
| - 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. | ||
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| More information at [pivx.org](http://www.pivx.org) Visit our ANN thread at [BitcoinTalk](http://www.bitcointalk.org/index.php?topic=1262920) | ||
| More information at [elli.org](http://www.elli.org) Visit our ANN thread at [BitcoinTalk](http://www.bitcointalk.org) | ||
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| ### Coin Specs | ||
| <table> | ||
| <tr><td>Algo</td><td>Quark</td></tr> | ||
| <tr><td>Block Time</td><td>60 Seconds</td></tr> | ||
| <tr><td>Difficulty Retargeting</td><td>Every Block</td></tr> | ||
| <tr><td>Max Coin Supply (PoW Phase)</td><td>43,199,500 PIV</td></tr> | ||
| <tr><td>Max Coin Supply (PoW Phase)</td><td>43,199,500 ELLI</td></tr> | ||
| <tr><td>Max Coin Supply (PoS Phase)</td><td>Infinite</td></tr> | ||
| <tr><td>Premine</td><td>60,000 PIV*</td></tr> | ||
| <tr><td>Premine</td><td>60,000 ELLI*</td></tr> | ||
| </table> | ||
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| *60,000 PIV Premine was burned in block [279917](http://www.presstab.pw/phpexplorer/PIVX/block.php?blockhash=206d9cfe859798a0b0898ab00d7300be94de0f5469bb446cecb41c3e173a57e0) | ||
| *60,000 ELLI Premine was burned in block [279917](http://www.presstab.pw/phpexplorer/ELLI/block.php?blockhash=206d9cfe859798a0b0898ab00d7300be94de0f5469bb446cecb41c3e173a57e0) | ||
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| ### Reward Distribution | ||
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| <table> | ||
| <th colspan=4>Genesis Block</th> | ||
| <tr><th>Block Height</th><th>Reward Amount</th><th>Notes</th></tr> | ||
| <tr><td>1</td><td>60,000 PIV</td><td>Initial Pre-mine, burnt in block <a href="http://www.presstab.pw/phpexplorer/PIVX/block.php?blockhash=206d9cfe859798a0b0898ab00d7300be94de0f5469bb446cecb41c3e173a57e0">279917</a></td></tr> | ||
| <tr><td>1</td><td>60,000 ELLI</td><td>Initial Pre-mine, burnt in block <a href="http://www.presstab.pw/phpexplorer/ELLI/block.php?blockhash=206d9cfe859798a0b0898ab00d7300be94de0f5469bb446cecb41c3e173a57e0">279917</a></td></tr> | ||
| </table> | ||
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| ### PoW Rewards Breakdown | ||
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| <table> | ||
| <th>Block Height</th><th>Masternodes</th><th>Miner</th><th>Budget</th> | ||
| <tr><td>2-43200</td><td>20% (50 PIV)</td><td>80% (200 PIV)</td><td>N/A</td></tr> | ||
| <tr><td>43201-151200</td><td>20% (50 PIV)</td><td>70% (200 PIV)</td><td>10% (25 PIV)</td></tr> | ||
| <tr><td>151201-259200</td><td>45% (22.5 PIV)</td><td>45% (22.5 PIV)</td><td>10% (5 PIV)</td></tr> | ||
| <tr><td>2-43200</td><td>20% (50 ELLI)</td><td>80% (200 ELLI)</td><td>N/A</td></tr> | ||
| <tr><td>43201-151200</td><td>20% (50 ELLI)</td><td>70% (200 ELLI)</td><td>10% (25 ELLI)</td></tr> | ||
| <tr><td>151201-259200</td><td>45% (22.5 ELLI)</td><td>45% (22.5 ELLI)</td><td>10% (5 ELLI)</td></tr> | ||
| </table> | ||
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| ### PoS Rewards Breakdown | ||
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| <table> | ||
| <th>Phase</th><th>Block Height</th><th>Reward</th><th>Masternodes & Stakers</th><th>Budget</th> | ||
| <tr><td>Phase 1</td><td>259201-302399</td><td>50 PIV</td><td>90% (45 PIV)</td><td>10% (5 PIV)</td></tr> | ||
| <tr><td>Phase 2</td><td>302400-345599</td><td>45 PIV</td><td>90% (40.5 PIV)</td><td>10% (4.5 PIV)</td></tr> | ||
| <tr><td>Phase 3</td><td>345600-388799</td><td>40 PIV</td><td>90% (36 PIV)</td><td>10% (4 PIV)</td></tr> | ||
| <tr><td>Phase 4</td><td>388800-431999</td><td>35 PIV</td><td>90% (31.5 PIV)</td><td>10% (3.5 PIV)</td></tr> | ||
| <tr><td>Phase 5</td><td>432000-475199</td><td>30 PIV</td><td>90% (27 PIV)</td><td>10% (3 PIV)</td></tr> | ||
| <tr><td>Phase 6</td><td>475200-518399</td><td>25 PIV</td><td>90% (22.5 PIV)</td><td>10% (2.5 PIV)</td></tr> | ||
| <tr><td>Phase 7</td><td>518400-561599</td><td>20 PIV</td><td>90% (18 PIV)</td><td>10% (2 PIV)</td></tr> | ||
| <tr><td>Phase 8</td><td>561600-604799</td><td>15 PIV</td><td>90% (13.5 PIV)</td><td>10% (1.5 PIV)</td></tr> | ||
| <tr><td>Phase 9</td><td>604800-647999</td><td>10 PIV</td><td>90% (9 PIV)</td><td>10% (1 PIV)</td></tr> | ||
| <tr><td>Phase X</td><td>648000-Infinite</td><td>5 PIV</td><td>90% (4.5 PIV)</td><td>10% (0.5 PIV)</td></tr> | ||
| <tr><td>Phase 1</td><td>259201-302399</td><td>50 ELLI</td><td>90% (45 ELLI)</td><td>10% (5 ELLI)</td></tr> | ||
| <tr><td>Phase 2</td><td>302400-345599</td><td>45 ELLI</td><td>90% (40.5 ELLI)</td><td>10% (4.5 ELLI)</td></tr> | ||
| <tr><td>Phase 3</td><td>345600-388799</td><td>40 ELLI</td><td>90% (36 ELLI)</td><td>10% (4 ELLI)</td></tr> | ||
| <tr><td>Phase 4</td><td>388800-431999</td><td>35 ELLI</td><td>90% (31.5 ELLI)</td><td>10% (3.5 ELLI)</td></tr> | ||
| <tr><td>Phase 5</td><td>432000-475199</td><td>30 ELLI</td><td>90% (27 ELLI)</td><td>10% (3 ELLI)</td></tr> | ||
| <tr><td>Phase 6</td><td>475200-518399</td><td>25 ELLI</td><td>90% (22.5 ELLI)</td><td>10% (2.5 ELLI)</td></tr> | ||
| <tr><td>Phase 7</td><td>518400-561599</td><td>20 ELLI</td><td>90% (18 ELLI)</td><td>10% (2 ELLI)</td></tr> | ||
| <tr><td>Phase 8</td><td>561600-604799</td><td>15 ELLI</td><td>90% (13.5 ELLI)</td><td>10% (1.5 ELLI)</td></tr> | ||
| <tr><td>Phase 9</td><td>604800-647999</td><td>10 ELLI</td><td>90% (9 ELLI)</td><td>10% (1 ELLI)</td></tr> | ||
| <tr><td>Phase X</td><td>648000-Infinite</td><td>5 ELLI</td><td>90% (4.5 ELLI)</td><td>10% (0.5 ELLI)</td></tr> | ||
| </table> |
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