BLTG Core integration/staging repository
BLTG is an open-source utility token which offers consumers and enterprises the benefits of a decentralised data network, with low transaction fees & environmental footprint. It utilizes regular PoS and Masternodes for securing its network.
The goal of BLTG is to combine the benefits of Blockchain and Distributed Technologies to empower consumers of our technologies with the tools to securely store, manage and distribute electronic data.
- Fast transactions featuring guaranteed zero-confirmation transactions, we call it SwiftX.
- Decentralized blockchain voting utilizing Masternode technology to form a DAO (Decentralized autonomous organization). The blockchain will distribute monthly treasury funds based on successful proposals submitted by the community and voted on by the DAO.
More information at block-logic.com
Coin Specs
| Algo | Quark |
| Block Time | 60 Seconds |
| Difficulty Retargeting | Every Block |
| Max Coin Supply (PoW Phase) | 33 000 300 BLTG |
| Max Coin Supply (PoS Phase) | Infinite |
| Premine | 33 000 300 BLTG* |
*33 000 300 BLTG Premine
Reward Distribution
| Genesis Block | ||
|---|---|---|
| Block Height | Reward Amount | Notes |
| 1 - 11 | 3000,000 BLTG | Initial Pre-mine. |
PoW and PoS Rewards Breakdown
| Block Height | Stakers | Masternodes | Budget * |
|---|---|---|---|
| 11-300 | 40% (0.40 BLTG) | 60% (0.60 BLTG) | N/A |
| 301-20200 | 20% (0.20 BLTG) | 80% (0.80 BLTG) | 20% (0.20 BLTG) |
| 20201-279400 | 20% (2 BLTG) | 80% (8 BLTG) | 20% (2 BLTG) |
| 279401-538600 | 20% (1.8 BLTG) | 80% (7.2 BLTG) | 20% (1.8 BLTG) |
| 538601-797800 | 20% (1.6 BLTG) | 80% (6.4 BLTG) | 20% (1.6 BLTG) |
| 797801-1057000 | 20% (1.4 BLTG) | 80% (5.6 BLTG) | 20% (1.4 BLTG) |
| 1057001-1316200 | 20% (1.2 BLTG) | 80% (4.8 BLTG) | 20% (1.2 BLTG) |
| 1316201-1575400 | 20% (1 BLTG) | 80% (4 BLTG) | 20% (1 BLTG) |
| 1575401-Infinite | 20% (1 BLTG) | 80% (4 BLTG) | 20% (1 BLTG) |
- Budget representation is merely informative as to what will be stored for approval by Masternode community Holders