PIVX was originally launched under the name Darknet (DNET). It was re-branded to PIVX on January 1st 2017
PoW Phase Period: January 30th 2016 to August 17 2016 (FINISHED)
PoS Phase Period: August 17 2016 to Forever
Block Time: 60 Seconds with retargeting every block (approx. 1440 blocks per day)
PoW Phase Max Coin Supply: 43,199,500
PoW Algorithm: Quark
PoW Block Reward: [block# 2-151200] 250 PIV [block# 151201-259200] 50 PIV
Premine: [block# 1] 60k Premine for creation of 6 Masternodes for the functioning of the network.
Premine: [block# 1] 60k Premine was publicly burned at block 279917. No more premine exists.
PoW Rewards Breakdown:
[Block 000002-043200] 20% MN (50 PIV) / 80% MINER (200 PIV)
[/i][Block 043201-151200] 20% MN (50 PIV) / 70% MINER (200 PIV) / 10% BUDGET (25 PIV)
[/i][Block 151201-259200] 45% MN (22.5 PIV) / 45% MINER (22.5 PIV) / 10% BUDGET (5 PIV)
PoS Rewards Breakdown:
PoS Phase 1: [blocks 259201-302399] 50 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 2: [blocks 302400-345599] 45 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 3: [blocks 345600-388799] 40 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 4: [blocks 388800-431999] 35 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 5: [blocks 432000-475199] 30 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 6: [blocks 475200-518399] 25 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 7: [blocks 518400-561599] 20 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 8: [blocks 561600-604799] 15 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase 9: [blocks 604800-647999] 10 PIV (90% SEESAW ~ 10% BUDGET) (Complete)
PoS Phase X: [blocks 648000-Infinite] 05 PIV (90% SEESAW ~ 10% BUDGET) (In-Progress)
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We are always in need of extra hand. If you have any skillsets that you may be able to to provide, please feel free to PM s3v3nh4cks!
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