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README.md

OTRchain 2.0.0.0

Links:

License


OTRchain is released under the terms of the MIT license. See COPYING for more information or see https://opensource.org/licenses/MIT.

OTRchain code is based on PIVX, that is an open source crypto-currency focused on fast private transactions with low transaction fees & environmental footprint.

  • Anonymized transactions using the Zerocoin Protocol(To be implemented)
  • Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX(to be activated)
  • 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.

More information at otrchain.com Visit our ANN thread at BitcoinTalk

Coin Specs

AlgoQuark
Block Time90 Seconds
Difficulty RetargetingEvery Block
Block reward3 OTR
Masternode/POS split70/30%
Last POW block500
Max Coin Supply40,000,000 OTR
Premine5%
Minimum staking amount5 OTR
Masternode collateral3,000 OTR
Wallet port35566

Reward Distribution

Genesis Block
Block HeightReward AmountNotes
22,000,000 OTRInitial Pre-mine

PoW Rewards

Block HeightMasternodesMinerStackers
3-5000% (0 OTR)100% (5.1 OTR)0%

PoS Rewards

PhaseBlock HeightRewardMasternodesStackers
Phase 1501-END3 OTR70% (2.1 OTR)30% (0.9 OTR)