Algo:
Quark
PoW Block Reward:
[block# 2-151200] 250 OZTG [block# 151201-259200] 50 OZTG
PoS Block Reward:
[block# 259201-Infinite] Variable based on SeeSaw Reward Mechanism
Block Time:
60 Seconds with Retargeting every Block
Max Coin Supply:
PoW Phase: 773,199,500
Max Coin Supply:
PoS Phase: Infinite
PoW Phase 1:
[block# 1] 730 Millions Premine for creation of 6 Masternodes for the functioning of the network.
Pre-mine:
[block# 1] 730 Millions Premine
PoW Phase 2:
[block#’s 2-259200] Approx 180 Days
PoW Rewards Breakdown:
[block’s 2-432000] 20% MN (50 OZTG) / 80% MINER (200 OZTG) [block’s 43201-151200] 20% MN (50 OZTG) / 70% MINER (200 OZTG) / 10%Available to the budget system (25 OZTG)
[block’s 151201-259200] 45% MN (22.5 OZTG) / 45% MINER (22.5 OZTG) / 10%Available to the budget system (5 OZTG)
PoS Rewards Breakdown:
PoS Phase 1: [blocks 259201-302399] 50 OZTG (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase 2: [blocks 302400-345599] 45 OZTG (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase 3: [blocks 345600-388799] 40 OZTG (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase 4: [blocks 388800-431999] 35 OZTG (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase 5: [blocks 432000-475199] 30 OZTG (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase 6: [blocks 475200-518399] 25 OZTG (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase 7: [blocks 518400-561599] 20 OZTG (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase 8: [blocks 561600-604799] 15 OZTG (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase 9: [blocks 604800-647999] 10 OZTG (90% distributed to staker and masternode - 10% available to budget system)
PoS Phase X: [blocks 648000-Infinite] 5 OZTG (90% distributed to staker and masternode - 10% available to budget system)