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This project forked from dmdcoin/diamond

Diamond V3

License: MIT License

Makefile 1.56% Shell 0.83% M4 2.50% Python 3.83% Roff 0.29% QMake 0.42% C++ 72.35% C 15.71% HTML 0.80% CSS 1.35% Objective-C++ 0.12% Protocol Buffer 0.04% Assembly 0.12% Java 0.03% Objective-C 0.06%

diamond-new's Introduction

DMD Core integration/staging repository

DMD is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.

Anonymized transactions using coin mixing technology, we call it mixTX.
Fast transactions featuring guaranteed zero confirmation transactions, we call it quickTX.
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 collateral of 10000 DMD

More information at http://bit.diamonds/ Visit our ANN thread at BitcoinTalk

Coin Specs

Algo	Quark
Block Time	135 Seconds
Difficulty Retargeting	Every Block

Reward Distribution

PoW Phase
Block Height	Reward Amount	Notes	Duration (Days)
1	~2.4 MIO DMD	Old Chain Total Balance snapshot send out to same addresses in DMDv3 chain	0 Days
2-750	0.0235 DMD	Open Mining	Approx 1/2 Days
PoS Phase
Block Height	Reward Amount
750-Infinite	see PoS Rewards Breakdown

PoS Rewards Breakdown

Phase	Block Height	Reward	Masternodes	Stakers
slow startup	750-4480	0,0235 DMD	65%	35%
Phase 1	4480-115200	2,35 DMD	65%	35%
Phase 2	115200-691200	2,35 - 0,5 DMD	65%	35%
Phase 3	691200-2284800	0,5 - 0,156 DMD	65%	35%
Phase 4	2284800+	0,1563 DMD	65%	35%

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