NANITE is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.
- Anonymized transactions using the Zerocoin Protocol.
- Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
- Decentralized blockchain voting providing for consensus based advancement of the current Masternode technology used to secure the network and provide the above features, each Masternode is secured with a collateral of 10K NTT.
More information at nanite.org Visit our ANN thread at BitcoinTalk
| Algo | Quark |
| Block Time | 90 Seconds |
| Difficulty Retargeting | Every Block |
| Max Coin Supply (PoW Phase) | 43,199,500 NTT |
| Max Coin Supply (PoS Phase) | Infinite |
| Premine | 3.5% NTT* |
| PoW Phase | |||
|---|---|---|---|
| Block Height | Reward Amount | Notes | Duration (Days) |
| 1 | 60,000 NTT | Initial Premine | 0 Days |
| 2-151200 | 250 NTT | Open Mining | Approx 180 Days |
| 151201-259200 | 50 NTT | ||
| PoS Phase | |||
| Block Height | Reward Amount | ||
| 259201-Infinite | Variable based on SeeSaw Reward Mechanism | ||
| Block Height | Masternodes | Miner | Budget |
|---|---|---|---|
| 2-43200 | 20% (50 NTT) | 80% (200 NTT) | N/A |
| 43201-151200 | 20% (50 NTT) | 70% (200 NTT) | 10% (25 NTT) |
| 151201-259200 | 45% (22.5 NTT) | 45% (22.5 NTT) | 10% (5 NTT) |
| Phase | Block Height | Reward | Masternodes & Stakers | Budget |
|---|---|---|---|---|
| Phase 1 | 259201-302399 | 50 NTT | 90% (45 NTT) | 10% (5 NTT) |
| Phase 2 | 302400-345599 | 45 NTT | 90% (40.5 NTT) | 10% (4.5 NTT) |
| Phase 3 | 345600-388799 | 40 NTT | 90% (36 NTT) | 10% (4 NTT) |
| Phase 4 | 388800-431999 | 35 NTT | 90% (31.5 NTT) | 10% (3.5 NTT) |
| Phase 5 | 432000-475199 | 30 NTT | 90% (27 NTT) | 10% (3 NTT) |
| Phase 6 | 475200-518399 | 25 NTT | 90% (22.5 NTT) | 10% (2.5 NTT) |
| Phase 7 | 518400-561599 | 20 NTT | 90% (18 NTT) | 10% (2 NTT) |
| Phase 8 | 561600-604799 | 15 NTT | 90% (13.5 NTT) | 10% (1.5 NTT) |
| Phase 9 | 604800-647999 | 10 NTT | 90% (9 NTT) | 10% (1 NTT) |
| Phase X | 648000-Infinite | 5 NTT | 90% (4.5 NTT) | 10% (0.5 NTT) |