GambleCoin Core integration/staging repository
GambleCoin is an open source crypto-currency focused on fast private transactions with low transaction fees & environmental footprint. It utilizes a custom Proof of Stake protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 90% of its block reward size between masternodes and staking nodes and 10% dedicated for budget proposals. The goal of GambleCoin is to achieve a decentralized sustainable crypto currency with near instant full-time private transactions, fair governance and community intelligence.
- Anonymized transactions.
- Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
- Decentralized blockchain voting utilizing Masternode technology to form a DAO. The blockchain will distribute monthly treasury funds based on successful proposals submitted by the community and voted on by the DAO.
More information at gamblecoin-info.com Visit our ANN thread at BitcoinTalk
Coin Specs
| Algo | Quark |
| Block Time | 90 Seconds |
| Difficulty Retargeting | Every Block |
| Max Coin Supply | 15,600,000 GMCN |
| Premine | 10% GMCN* |
Reward Distribution
| Genesis Block |
| Block Height | Reward Amount | Notes |
|---|
| 2 | 1,560,000 GMCN | Initial Pre-mine |
PoW Rewards Breakdown
| Block Height | Miner |
| 1-200 | 30 GMCN |
PoS Rewards Breakdown
| Phase | Block Height | Reward | Masternodes & Stakers | Supply |
| Phase 1 | 201-210,000 | 30 GMCN | Seesaw Balance | 7,859,910 |
| Phase 2 | 210,001-420,000 | 15 GMCN | Seesaw Balance | 11,009,895 |
| Phase 3 | 420,001-630,000 | 7.5 GMCN | Seesaw Balance | 12,584,888 |
| Phase 4 | 630,001-840,000 | 3.75 GMCN | Seesaw Balance | 13,372,384 |
| Phase 5 | 840,001-1,050,000 | 1.875 GMCN | Seesaw Balance | 13,766,132 |
| Phase 6 | 1,050,001-3,006,127 | 0.9375 GMCN | Seesaw Balance | 15,600,000 |