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.
- 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.