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README.md

KYD Core integration/staging repository

KYD Core is a decentralized, peer-to-peer cryptocurrency with a primary focus on energy-efficiency and scalabilty. The KYD Network makes use of only Proof-of-Stake mining, in the form of masternodes and staking. This means that the KYD blockchain has a very low impact on the environment and ensures that scaling will be a smooth transition in future.

Furthermore, as result of offering multiple ways for users to mint new KYD coins, the network is a lot less centralized than some Proof-of-Work coins that have their hashrates dominated by one or two mining pools.

Coin Specs

Block times: - 1 minute

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

Consensus mechanism: - Proof-of-Stake (80% masternodes, 20% stakers)

Algorithm: - Quark-hash

Masternode collateral - 10,000 KYD

Features: - SwiftTX, budget, treausury and masternode governance is enabled

RPC Port: - 3435

P2P Port: - 3434

Block reward breakdown (Block height - Reward per block)