News Information

VITAE Listing

06/10/2019 01:54:20 AM

 

VITAE Listing

Vitae is not just a token. Much like life, it has a purpose. This purpose is to provide prosperity through POS (Proof Of Stake), Master Node, Super Node and our own Social Rewards Website.

Token specs

-   PIVX fork
-   Algorithm : Quark
-   POW phase : block 1-200
-   POS phase : block 201 – onwards
-   Difficulty retargeting : every block
-   Staking required number of confirmations; 150
-   Block time : 45 seconds
-   Max supply : 100,000,000
-   Pre-mine : 1,105,940
-   800,000 burned for set-up of 80 Supernodes
-   200,000 for bounties, faucets, promotions and charity.
-   Supernode collateral : 10,000 VITAE
-   Masternode collateral : 20,000 VITAE
-   Fast transactions using SwiftTX technology utilizing our network of Mastenodes and Supernodes
-   Block reward distribution :
            Staking :            15%
            Masternode :     25%
            Supernode :    60%
 

Vitae Token is a PIVx fork. Containing PIVx technology.
Based on Blackcoin PoS 2.0 protocol and on Bitcoin core 0.10.x code base.
It utilizes a network of Masternodes/Supernodes for an openly visible decentralized governance and increased transaction privacy.

Published by: ModDonnie