Bankitt (BKT) => BanKitz (BKZ)
• PoW Algorithm: Lyra2Z
• Premine:
- (#1 Block) 520,001 BKZ for Development Fund, 4% of Total POW Coin
- (#2 Block) 6,300,000 BKZ for Bankitt SWAPPING, , 40% of Total POW Coin
• PoW Blocks: 1 - 130000
• PoS Blocks: Starting from 130001
• Block Time: 180 Seconds
• PoW Max Coin Output/Supply: 14,586,780 BKZ
• PoW Ending: ~ ca. 180 Days (Estimated: Feb 2019)
• Masternode Requirements: 10,000 BKZ or 20,000 BKZ
• Maturity: 41 Confirmations
| Block Height | Reward Amount | Masternodes | Miners |
|---|---|---|---|
| Block 3 - 100 | 50 BKZ | 0% | Miners 100% |
| Block 101 - 14400 | 100 BKZ | Masternodes 50% | Miners 50% |
| Block 14401 - 28800 | 90 BKZ | Masternodes 50% | Miners 50% |
| Block 28801 - 43200 | 80 BKZ | Masternodes 50% | Miners 50% |
| Block 43201 - 57600 | 70 BKZ | Masternodes 50% | Miners 50% |
| Block 57601 - 72000 | 60 BKZ | Masternodes 50% | Miners 50% |
| Block 57601 - 72000 | 60 BKZ | Masternodes 50% | Miners 50% |
| Block 57601 - 72000 | 60 BKZ | Masternodes 50% | Miners 50% |
| Block 57601 - 72000 | 60 BKZ | Masternodes 50% | Miners 50% |
Masternode and staker rewards with PoS: Masternodes and stakers will receive split reward allocation when PoS sets in.
Proof of Stake will automatically be enabled at block 475201.
| Block Height | Reward Amount |
|---|---|
| Block 130001 - 144400 | 20.00 BKZ |
| Block 144401 - 158800 | 18.00 BKZ |
| Block 158801 - 173200 | 16.20 BKZ |