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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] ZBit - Investing in freedom with a 992 year tail emission. on: March 19, 2019, 04:01:04 AM
ZBit
Investing in freedom.

"Next-generation Zerocoin-based cryptocurrency with a 992 year blockchain"

Ticker Symbol: ZBT
Website: http://zbitofficial.io
Ledger Start Date: March 12, 2019
Timestamping Scheme: Proof-of-Work (PoW)
Hash Function: Lyra2z
Block Reward: 12.5
Block Time: 2.5 minutes
Block Size: 2MB
Block Explorer: https://explorer.zbitofficial.io
Supply Limit: 24,835,261 after 992 years
Subunits: 1⁄1000 = millizbit 1⁄100000000 = zatoshi
Masternode Rewards: 30% per block
Masternode Size: 888 ZBT
Developer Funding: 12.5% per block

Tail Emission Details: The halving interval is every 888,888 blocks, which is expected to be about every
four years. There will be 12.5 ZBT for the first 888,888 blocks, which as mentioned is about
four years.

This will reduce to 6.25 for the next 888,888 blocks, which is another four years.

At the next halving, this will further reduce to 3.125 coins per block and a tail
emission will come into effect which adds 0.0937618325 coins per block for
888,888 blocks, which is another four years.

Then, at the next halving, the block reward reduces to 1.5625 and the tail
emission continues 0.0937618325 coins per block for 888,888 blocks, which is
another four years. In this time, the total supply will reach 21,000,000 ZBT.

Then the tail emission alone will continue for 88 years at 0.0937618325 coins per
block. The total coin supply will reach 22,734,698.545 after 88 years.

Then a final adjustment will occur which brings the tail emission down 88% to
0.011251418 per block for 888 years.

After 888 years, the final coin supply will be 24,835,260.874

During the drawdown, ZBT will retain the same percentage to masternodes,
founders and especially miners for stability.


Getting the Miner: Only the following miner(s) can be used to mine ZBT https://github.com/zbitofficial-io/zbitofficial/releases (see "Releases").

Mining Pool: The official mining pools runs at 45.76.85.141 offering the services
to mine ZBT using lyra2z algorithm. The pool users don’t need to
register and can directly mine using the stratum port 4553 and the
wallet address.

Pool mining using cpuminer: cpuminer.exe -a lyra2z -o stratum+tcp://45.76.85.141:4553
-u8L3crDc2YtTXXW6uR5EcBiyuctHJt6RKyG -px

(Note: You will need to substitute 8L3crDc2YtTXXW6uR5EcBiyuctHJt6RKyG
with your own wallet address.)

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