Volkshash YesPower POWAR/MN Slow Start - 3 Decimals - Live Now

[volkshashdev]

 
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                 ##         ####                                                    Volkshash - A number of miners creating hashes.  

Introduction :

Key Points of Volkshash:
1) First Incentive :
High Effort and High Masternode Cost 585 000 000 . Only 3743 Masternodes exist and the reward is 5% per total block ; this is to prevent masternodes controlling the overall market liquidity and exponentiation masternode control. Sole purpose of a masternode is to allow privatesend and instasend to mix transactions.

2) Second Incentive :
POWAR REWARD
100 VHH cost per transaction. Every volkshash transaction will be given back to the miner as incentive. The more activity that takes place the more the miner can receive .  

3) Third Incentive :
The Block Fifthening / 20% or 1/5
Deflationary block reward system . Block rewards reduce 20% every 87600 blocks created on the blockchain.

4) Slow Start on POWAR and MASTERNODE
PROOF OF WORK:VHH 5000 from block 0 to 100, Masternode reward starts giving 5% (of total block) from block height #150000 to prevent exponentiation masternode growth or masternode centralization. You can launch a masternode from Block height #1 the reward is 0.0000002% (of total block). This will allow Mastnodes being launched without overwhelming the network.

5) No Asics / No GPU
CPU miners only , YesPower is only CPU mineable at this stage . Low entry mining for all.

6) VHH 1.000   = 1000 Volkoshis/Satoshis . Volkshash has only 3 denominations.

FOR MORE INFORMATION READ THE HASHPAPER :  https://volkshash.org

Volkshash Basic Information
Coin Name	Volkshash Coin
Coin Ticker	VHH
Coin Mining Algo	YesPower
Mining Block Reward Type	POWAR (Proof Of Work and Reward)
Coin Mining Type	POWAR & Masternode
Volkshash Coin Economics
Max Market Cap	2189998625315
Pow Target Span / Block Time	180 Seconds	3 Minutes
Pow Block Reward	VHH 4 850 000	97% of Block
Developer Fund Reward	VHH 150 000	3% Of Block
Masternode Reward	VHH 250 000	5% Of Block
Block Reward Total	VHH 5 000 000
Developer Fund Use	Funding for Services , Websites and Exchange Listings
Volkshash Transactional Details
MinTx Relay Fee	VHH 100 (Miner Relay Fee)
P2P Transactions	6 Confirms
Masternode Minimum Confirmations	15 Confirms
Block Confirmation Rate	100
Blockchain Fifthening Reduction Rate	87600
Kimoto's Gravity Well Start And End	0
Dark Gravity Wave Start	1
Volkshash Currency Decimal placement	3 Decimals
1 VHH = Satoshi / Volktoshi Count	1000
Masternode Start Block	1
Rpc Port and P2P Port	RPC 17375 P2P 17374
Masternode Details:
Volkshash Masternode Requirements	585 000 000
Volkshash Masternode Reward Structure	5% of Total Block
Masternode Reward Block 0 % Stage	From Block 1 - 150 000
Masternode Reward Block 5 % Stage	From Block150 000
Maximum Amount Of Masternodes To Exist On Chain	+-3744
Block Reward Schedule	Block Number	Yearly Time Elapsed	Masternode Creation Possibilities
5000000	87600	0.5	748.7179487
4000000	175200	1	598.974359
3200000	262800	1.5	479.1794872
2560000	350400	2	383.3435897
2048000	438000	2.5	306.6748718
1638400	525600	3	245.3398974
1310720	613200	3.5	196.2719179
1048576	700800	4	157.0175344
838860.8	788400	4.5	125.6140275
671088.64	876000	5	100.491222
536870.912	963600	5.5	80.39297759
429496.7296	1051200	6	64.31438207
343597.3837	1138800	6.5	51.45150566
274877.9069	1226400	7	41.16120453
219902.3256	1314000	7.5	32.92896362
175921.8604	1401600	8	26.3431709
140737.4884	1489200	8.5	21.07453672
112589.9907	1576800	9	16.85962937
90071.99255	1664400	9.5	13.4877035
72057.59404	1752000	10	10.7901628
57646.07523	1839600	10.5	8.63213024
46116.86018	1927200	11	6.905704192
36893.48815	2014800	11.5	5.524563353
29514.79052	2102400	12	4.419650683
23611.83241	2190000	12.5	3.535720546
18889.46593	2277600	13	2.828576437
15111.57275	2365200	13.5	2.26286115
12089.2582	2452800	14	1.81028892
9671.406557	2540400	14.5	1.448231136
7737.125246	2628000	15	1.158584909
6189.700196	2715600	15.5	Beyond this point it will be <= 1[/td
4951.760157	2803200	16
3961.408126	2890800	16.5
3169.126501	2978400	17
2535.3012	3066000	17.5
2028.24096	3153600	18
1622.592768	3241200	18.5
1298.074215	3328800	19
1038.459372	3416400	19.5
830.7674974	3504000	20
664.6139979	3591600	20.5
531.6911983	3679200	21
425.3529587	3766800	21.5
340.2823669	3854400	22
272.2258935	3942000	22.5
217.7807148	4029600	23
Volkshash Website
Volkhash Websites	https://volkshash.org
Volkhash Explorer	http://explorer.volkshash.org/
Volkhash Pool	http://pool.volkshash.org/
Volkhash Github Source	https://github.com/VolkshashDEV/volkshashcore
Volkhash Github Wallet Release	https://github.com/VolkshashDEV/volkshashcore/releases
Volkshash Reddit	https://www.reddit.com/r/volkshashofficial/
Volkshash Twitter	https://twitter.com/Volks617958711
Volkshash EMAIL	Volkshash@gmail.com

[Bacardi Toni]

You write there is a block reward of 5000000, but the explorer says 5000

[volkshashdev]

You write there is a block reward of 5000000, but the explorer says 5000

Slow start - Block 1 to Block 100 will be VHH 5000 after that the value picks up. Kindly read the HashPaper it explains quite a bit how the coin work

[Bacardi Toni]

Thanks, I hadn't seen that.
Good project start, everything works fine. 

[volkshashdev]

Thanks, I hadn't seen that.
Good project start, everything works fine. 

Well I hope so it took over 1 year of careful and painful development Each value has been tested over 22 pre alphas , 14 source reworks .

Enjoy the art !

[chpendi]

how to proceed for a masternode?

[volkshashdev]

how to proceed for a masternode?

That i still need to do  

Masternodes do start from block #1 but a guide can be done a tad later.

Important Note:
585 000 000 is required to host a masternode and till block# 150 000 the reward will be +- VHH 1 . Then the reward will change to 5% per block , this will allow the network to grow without masternodes ruling the network  , as stated in Hashpaper .

Will post a guide later when time of fine tuning is done  , Checking functions and stability first of Volkshash as some have nuclear powered CPUs .  You can follow any dash masternode guide if you are in a rush. Note masternodes purpose is not to overthrow the volkshash economy this is to protect both miner and user.

[oxigenrfx]

any discord or telegram channel

[chpendi]

Ok thank you.

[chpendi]

I had a block but I think that I did not have the reward which is planned.!
how much should this block reward be?
just to check!

[chpendi]

WARNING THE WEBSITE "Volkhash Pool http://pool.volkshash.org/" IS REPORTED AS NOT SECURE!

if it is possible to change it would be better.!

[chpendi]

and http://explorer.volkshash.org/ also not secure...!

[oxigenrfx]

love this project, hope rplant will join soon

[lilin110815]

Why no discord or Telegram?

Hope to open soon, these communities will be stronger

[volkshashdev]

WARNING THE WEBSITE "Volkhash Pool http://pool.volkshash.org/" IS REPORTED AS NOT SECURE!

if it is possible to change it would be better.!

and http://explorer.volkshash.org/ also not secure...!

Yes this is running as http as it does not store information and only output information . Will secure the channels with a certificate bot  . Keep in mind the project just started, a few things will need to be attended here and there.

discord and telegram

Will create a discord channel next week to all users , currently monitoring all issues that might arise 

rtplant pool

Yes the more pools the better then i can attend to the main pool SSL certificate.


To all just relax and mine ,it's still very early in the project .

[rplant8]

https://pool.rplant.xyz/#volkshash#connect

[volkshashdev]

https://pool.rplant.xyz/#volkshash#connect

Thank you very much for listing RT , note this ticker is VHH and note of the minrelay costs please .

[oxigenrfx]

  i was the one who contacted him, very promising project

[chpendi]

play well.!

[oxigenrfx]

when will be the discord channel ready  ?