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ProxyNode collateral to 24k
collateral updated to 24k as increase happens on 7th
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README.md

This is a confirmation that the old development team have left the Proxynode Project.

Sizzlephizzle (sizzlephizzle#0376 on discord) is now in charge of the entire project and has formed a community intervention team.

Please join us on

http://proxynode.network

Coin Specifications:

Name: PROXYNODE
Ticker: PRX
Algorithm: HashX11
Maximum Supply: 275,000,000 PRX
Port=12195
Rpcport=12196
Masternode Reward: 80%
Staking Reward: 20%
Masternode collateral: 24000 PRX
Block Time: ~ 60 seconds
Maturity: 50 blocks
Minimum staking age: 6 hours

reward structure

Block Phase Block Reward MN Reward POS Reward Collateral
1 1-250 1 0.8 0.2
2 251-2,000 2 1.6 0.4 500
3 2,001-15,000 5 4 1 1,000
4 15,001-40,000 35 28 7 2,000
5 40,001-75,000 100 80 20 4,000
6 75,001-125,000 200 160 40 6,000
7 125,001-250,000 400 320 80 12,000
8 250k-350k 400 320 80 24,000
9 350k-500k 300 240 60 24,000
10 500k-1m 200 160 40 24,000
11 1M+ 100 80 20 24,000
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