Vip is an innovative blockchain-based ecosystem that aims at providing an integrated environment for multiple blockchain-based services. The core value of Vip is masternode solution with a wide range of high quality masternode services. Other services and products introduced in the Vip Eco System include digital assets, blockchain project support, multi-coin mining pool, etc.
Vip Coin is released with the mission of providing a convenient way for our customers while investing into all projects in the Vip Eco System. Vip Coin is essentially a hybrid cryptocurrency system based on PIVX that forked from DASH that forked from Bitcoin. In addition to the traditional Proof-of-Work (PoW) and Proof-of-Stake (PoS) concepts, Vip Coin also employs the most beneficial crypto-earning method - Masternode. Powered by Neoscrypt - a well-known ASIC resistant crypto algorithm - during PoW phase, you can all have chance to earn Vip Coins by using consumer grade hardware's like CPU and GPUs. During PoS phase, the most latest PoS protocol, PoS v3.0 is used.
| Coin Name | Vip Coin |
| Coin Type | PoW/PoS/MN |
| Coin Ticker | VIP |
| Algo | Neoscrypt |
| P2P/RPC Ports | 11945/11940 |
| Block Time | 60 Seconds |
| Block Reward | 0.2 VIP |
| PoW Difficulty Retargeting | DarkGravity v3 |
| Coin Maturity | 60 |
| Stake Maturity | 12 hours |
| PoS Difficulty Retargeting | Every Block |
| Max Coin Supply | 1 000 000 VIP |
| Premine | 700 000 VIP |
| Halving factor | Every 350 400 Blocks |
| Masternode Collateral | 10 000 VIP |
| Masternode Reward | 0.14 VIP |
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| Premine Phase | Block Height | Block Reward | Total Premine |
|---|---|---|---|
| Ended | 1 - 7 | 100 000 VIP | 700 000 VIP |