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README.md

Helix Core integration/staging repository

Build Status GitHub version

Helix is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.

  • Anonymized transactions using zerocoin technology
  • 100% Proof of Stake 3.0 Consensus protocol, allowing very low transaction fees and energy expenditure, and staking rewards to all participants in the network
  • Masternode technology used to secure the network and provide the above features, each Masternode is secured with collateral of 10K HLIX
  • 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.

Since then, the Helix repository has been rebaselined to show the fork relationship properly.

BCT Thread

https://bitcointalk.org/index.php?topic=4956675.0

Coin Specs

AlgoQuark
Block Time60 Seconds
Difficulty RetargetingEvery Block
Max Coin Supply (PoS Phase)500,000,000

PoS Rewards Breakdown

Block HeightRewardMasternodesProof of Work
201-90.200111.0 HLIX0.0 HLIX111.0 HLIX
Block HeightRewardMasternodesStakers
90.201-525,60015.0 HLIX9 HLIX6 HLIX
525,601-1,576,80013.5 HLIX8.1 HLIX5.4 HLIX
1,576,801-2,628,00010.8 HLIX6.48 HLIX4.32 HLIX
2,628,001-58,545,9008.1 HLIX4.86 HLIX3.24 HLIX
58,545,901-58,545,9024.2 HLIX2.5 HLIX1.7 HLIX
> 58,545,9020 HLIX0 HLIX0 HLIX

The Helix development budget is up to a maximum of 10% HLIX per block, paid out based on approved proposals as voted on by the Helix masternode owners through the community governance process.