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README.md

TenUp Core integration/staging repository

Build Status GitHub version

TenUp is an open source crypto-currency focused on fast private transactions with low transaction fees & environmental footprint. It utilizes a custom Proof of Stake protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 90% of its block reward size between masternodes and staking nodes and 10% dedicated for budget proposals. The goal of TenUp is to achieve a decentralized sustainable crypto currency with near instant full-time private transactions, fair governance and community intelligence.

  • Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
  • 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.

Coin Specs

AlgoQuark
Block Time60 Seconds
Difficulty RetargetingEvery Block
Max Coin Supply (PoW Phase)57,010,000 TUP
Max Coin Supply (PoS Phase)Infinite
Premine57,000,000 TUP*

PoW Rewards Breakdown

Block HeightMasternodesMinerBudget
2-20020% (50 TUP)80% (45 TUP)N/A

PoS Rewards Breakdown

PhaseBlock HeightRewardMasternodes & StakersBudget
Phase 1201-1440045 TUP90% (40.5 TUP)10% (4.5 TUP)
Phase 214401-3600040 TUP90% (36 TUP)10% (4 TUP)
Phase 336001-5112035 TUP90% (31.5 TUP)10% (3.5 TUP)
Phase 451120-7920030 TUP90% (27 TUP)10% (3 TUP)
Phase 579201-13680025 TUP90% (22.5 TUP)10% (2.5 TUP)
Phase 6136801-20160020 TUP90% (18 TUP)10% (2 TUP)
Phase 7201601-27360015 TUP90% (13.5 TUP)10% (1.5 TUP)
Phase 8273601-36000010 TUP90% (9 TUP)10% (1 TUP)
Phase 9360000-Infinite5 TUP90% (4.5 TUP)10% (0.5 TUP)