Mobolith is an open source cryptocurrency focused on fast, private transactions using the Zerocoin protocol, with low transaction fees & environmental footprint. It utilizes the first ever anonymous proof of stake protocol, called zPoS, combined with regular PoS and masternodes for securing its network. zPoS incentivizes using the privacy features available in Mobolith by granting a higher block reward for zPoS over regular PoS and masternodes. In practice, Mobolith has between 4 to 10 times higher use of its privacy features in comparison to other coins that combine public and private transactions. This is thanks to innovations like zPoS and integrating the Zerocoin protocol into light/mobile wallets, allowing for a complete and lightweight privacy protocol that can be used on the go. This also includes security improvements like deterministic generation of zMBT for easy backups. The goal of Mobolith is to achieve a decentralized, sustainable cryptocurrency with near instant full-time private transactions, fair governance and community intelligence.
- Anonymized transactions & consensus using the Zerocoin Protocol and zPoS.
- light/mobile wallet privacy using the Zerocoin Light Node Protocol
- 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 pivx.org Visit our ANN thread at BitcoinTalk. Join the community at PIVX Discord.
Algo | Quark |
Block Time | 60 Seconds |
Difficulty Retargeting | Every Block |
Max Coin Supply (PoW Phase) | 43,199,500 MBT |
Max Coin Supply (PoS Phase) | Infinite |
Premine | 60,000 MBT* |
*60,000 MBT Premine was burned in block 279917
Genesis Block | |||
---|---|---|---|
Block Height | Reward Amount | Notes | |
1 | 60,000 MBT | Initial Pre-mine, burnt in block 279917 |
Block Height | Masternodes | Miner | Budget |
---|---|---|---|
2-43200 | 20% (50 MBT) | 80% (200 MBT) | N/A |
43201-151200 | 20% (50 MBT) | 70% (200 MBT) | 10% (25 MBT) |
151201-259200 | 45% (22.5 MBT) | 45% (22.5 MBT) | 10% (5 MBT) |
Phase | Block Height | Reward | Masternodes & Stakers | Budget |
---|---|---|---|---|
Phase 0 | 259201-302399 | 50 MBT | 90% (45 MBT) | 10% (5 MBT) |
Phase 1 | 302400-345599 | 45 MBT | 90% (40.5 MBT) | 10% (4.5 MBT) |
Phase 2 | 345600-388799 | 40 MBT | 90% (36 MBT) | 10% (4 MBT) |
Phase 3 | 388800-431999 | 35 MBT | 90% (31.5 MBT) | 10% (3.5 MBT) |
Phase 4 | 432000-475199 | 30 MBT | 90% (27 MBT) | 10% (3 MBT) |
Phase 5 | 475200-518399 | 25 MBT | 90% (22.5 MBT) | 10% (2.5 MBT) |
Phase 6 | 518400-561599 | 20 MBT | 90% (18 MBT) | 10% (2 MBT) |
Phase 7 | 561600-604799 | 15 MBT | 90% (13.5 MBT) | 10% (1.5 MBT) |
Phase 8 | 604800-647999 | 10 MBT | 90% (9 MBT) | 10% (1 MBT) |
Phase 9 | 648000-1154203 | 5 MBT | 90% (4.5 MBT) | 10% (0.5 MBT) |
Phase X | 1154203-∞ | 6 MBT | 84% (5 MBT/zMBT) | 16% (1 MBT) |