ALQO is a universal 3rd generation cryptocurrency that combines the best features of different coins in order to create an excellent new digital payment asset.
Anonymized transactions using coin mixing technology. 1-Second-Transactions. Network stability with masternodes, each is secured with a collateral of 10.000 ALQO. 100% Governance.
For further information visit us at alqo.org or visit our ANN thread at BitcoinTalk
• PoW Algorithm: Quark
• Premine: (#1 Block) 100,001 ALQO (0,17% of PoW) For 10 masternodes, going to be burned after 1 year.
• PoW Blocks: 2 - 475200
• PoS Blocks: Starting from 475201
• Block Time: 60 Seconds
• PoW Max Coin Output/Supply: 57,879,300
• PoW Ending: ~ ca. 330 Days (Estimated: October 2018)
• Masternode Requirements: 10,000 ALQO
• Maturity: 111 Confirmations
• Prefix: ALQO adresses start with the capital letter "A"
Proof of Work block rewards, masternode reward allocation starting at the 10th November 2017
| Block Height | Reward Amount | Masternodes | Miners |
|---|---|---|---|
| Block 2 - 86400 | 200 ALQO | Masternodes 20% | Miners 80% |
| Block 86401 - 151200 | 150 ALQO | Masternodes 25% | Miners 75% |
| Block 151201 - 302400 | 125 ALQO | Masternodes 30% | Miners 70% |
| Block 302401 - 345600 | 100 ALQO | Masternodes 35% | Miners 65% |
| Block 345601 - 388800 | 75 ALQO | Masternodes 40% | Miners 60% |
| Block 388801 - 475200 | 50 ALQO | Masternodes 40% | Miners 60% |
Masternode and staker rewards with PoS: Masternodes and stakers will receive split reward allocation when PoS sets in. This means the more masternodes are in the system, the more staking gets attractive and vice versa.
Proof of Stake will automatically be enabled at block 475201.
| Block Height | Reward Amount |
|---|---|
| Block 475201 - 518400 | 50 ALQO |
| Block 518401 - 561600 | 25 ALQO |
| Block 561601 - 604800 | 10 ALQO |
| Block 604801 - infinite | 5 ALQO |
For more information check out our whitepaper at alqo.org/whitepaper.pdf
Alternatively we have added a non .pdf Version into our Github. You can find it in the ALQO Github Wiki.