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Topic: Volkshash YesPower POWAR/MN Slow Start - 3 Decimals - Live Now - page 3. (Read 1403 times)

newbie
Activity: 54
Merit: 0
how to proceed for a masternode?
newbie
Activity: 12
Merit: 0
Thanks, I hadn't seen that.
Good project start, everything works fine.  Smiley Grin

Well I hope so it took over 1 year of careful and painful development Smiley Each value has been tested over 22 pre alphas , 14 source reworks .

Enjoy the art ! Cheesy
newbie
Activity: 86
Merit: 0
Thanks, I hadn't seen that.
Good project start, everything works fine.  Smiley Grin
newbie
Activity: 12
Merit: 0
You write there is a block reward of 5000000, but the explorer says 5000

Slow start - Block 1 to Block 100 will be VHH 5000 after that the value picks up. Kindly read the HashPaper it explains quite a bit how the coin work
newbie
Activity: 86
Merit: 0
You write there is a block reward of 5000000, but the explorer says 5000
newbie
Activity: 12
Merit: 0
 
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                 ##         ####                                                    Volkshash - A number of miners creating hashes.
 



Introduction :

Key Points of Volkshash:
1) First Incentive :
High Effort and High Masternode Cost 585 000 000 . Only 3743 Masternodes exist and the reward is 5% per total block ; this is to prevent masternodes controlling the overall market liquidity and exponentiation masternode control. Sole purpose of a masternode is to allow privatesend and instasend to mix transactions.

2) Second Incentive :
POWAR REWARD
100 VHH cost per transaction. Every volkshash transaction will be given back to the miner as incentive. The more activity that takes place the more the miner can receive .  

3) Third Incentive :
The Block Fifthening / 20% or 1/5
Deflationary block reward system . Block rewards reduce 20% every 87600 blocks created on the blockchain.

4) Slow Start on POWAR and MASTERNODE
PROOF OF WORK:VHH 5000 from block 0 to 100, Masternode reward starts giving 5% (of total block) from block height #150000 to prevent exponentiation masternode growth or masternode centralization. You can launch a masternode from Block height #1 the reward is 0.0000002% (of total block). This will allow Mastnodes being launched without overwhelming the network.

5) No Asics / No GPU
CPU miners only , YesPower is only CPU mineable at this stage . Low entry mining for all.

6) VHH 1.000   = 1000 Volkoshis/Satoshis . Volkshash has only 3 denominations.

FOR MORE INFORMATION READ THE HASHPAPER :  https://volkshash.org

Volkshash Basic Information
Coin NameVolkshash Coin
Coin TickerVHH
Coin Mining AlgoYesPower
Mining Block Reward Type POWAR (Proof Of Work and Reward)
Coin Mining Type POWAR & Masternode
Volkshash Coin Economics
Max Market Cap2189998625315
Pow Target Span / Block Time 180 Seconds3 Minutes
Pow Block Reward VHH 4 850 000  97% of Block
Developer Fund RewardVHH 150 0003% Of Block
Masternode Reward VHH 250 0005% Of Block
Block Reward Total VHH 5 000 000
Developer Fund UseFunding for Services , Websites and Exchange Listings
Volkshash Transactional Details
MinTx Relay Fee VHH 100 (Miner Relay Fee)
P2P Transactions6 Confirms
Masternode Minimum Confirmations15 Confirms
Block Confirmation Rate 100
Blockchain Fifthening Reduction Rate 87600
Kimoto's Gravity Well Start And End 0
Dark Gravity Wave Start1
Volkshash Currency Decimal placement 3 Decimals
1 VHH = Satoshi / Volktoshi Count 1000
Masternode Start Block 1
Rpc Port and P2P Port    RPC 17375 P2P 17374
Masternode Details:
Volkshash Masternode Requirements 585 000 000
Volkshash Masternode Reward Structure 5% of Total Block
Masternode Reward Block 0 % StageFrom Block 1 - 150 000
Masternode Reward Block 5 % Stage From Block150 000
Maximum Amount Of Masternodes To Exist On Chain +-3744
Block Reward ScheduleBlock NumberYearly Time ElapsedMasternode Creation Possibilities
5000000   87600   0.5748.7179487
4000000   175200   1598.974359
3200000   262800   1.5479.1794872
2560000   350400   2383.3435897
2048000   438000   2.5306.6748718
1638400   525600   3245.3398974
1310720   613200   3.5196.2719179
1048576   700800   4157.0175344
838860.8   788400   4.5125.6140275
671088.64   876000   5100.491222
536870.912   963600   5.580.39297759
429496.7296   1051200   664.31438207
343597.3837   1138800   6.551.45150566
274877.9069   1226400   741.16120453
219902.3256   1314000   7.532.92896362
175921.8604   1401600   826.3431709
140737.4884   1489200   8.521.07453672
112589.9907   1576800   916.85962937
90071.99255   1664400   9.513.4877035
72057.59404   1752000   1010.7901628
57646.07523   1839600   10.58.63213024
46116.86018   1927200   116.905704192
36893.48815   2014800   11.55.524563353
29514.79052   2102400   124.419650683
23611.83241   2190000   12.53.535720546
18889.46593   2277600   132.828576437
15111.57275   2365200   13.52.26286115
12089.2582   2452800   141.81028892
9671.406557   2540400   14.51.448231136
7737.125246   2628000   151.158584909
6189.700196   2715600   15.5Beyond this point it will be <= 1[/td
4951.760157   2803200   16
3961.408126   2890800   16.5
3169.126501   2978400   17
2535.3012   3066000   17.5
2028.24096   3153600   18
1622.592768   3241200   18.5
1298.074215   3328800   19
1038.459372   3416400   19.5
830.7674974   3504000   20
664.6139979   3591600   20.5
531.6911983   3679200   21
425.3529587   3766800   21.5
340.2823669   3854400   22
272.2258935   3942000   22.5
217.7807148   4029600   23
Volkshash Website
Volkhash Websites https://volkshash.org
Volkhash Explorer http://explorer.volkshash.org/
Volkhash Poolhttp://pool.volkshash.org/
Volkhash Github Sourcehttps://github.com/VolkshashDEV/volkshashcore
Volkhash Github Wallet Releasehttps://github.com/VolkshashDEV/volkshashcore/releases
Volkshash Reddithttps://www.reddit.com/r/volkshashofficial/
Volkshash Twitterhttps://twitter.com/Volks617958711
Volkshash EMAIL[email protected]
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