SPECIFICATIONS • THERE YA GO
SHROUDX • SPECS
COIN SPECIFICATIONS
| Name: | ShroudX |
| Ticker: | SHROUD |
| Consensus Algorithm: | PoW & PoS |
| Mining Algorithm: | x16rv2 |
| Block Time: | 60s (1 min) |
| Type: | Hybrid PoW/PoS/MN |
| Max Supply: | 50,000,000 |
| Premine Supply: | 275,553 (0.55%) |
| Coinbase Maturity: | 100 Blocks |
| Stake Maturity: | 100 min |
| Masternode Maturity: | 100 min |
| Masternode Confirmations: | 15 |
| Masternode Collateral <= block 168100: | 10,000 |
| Masternode Collateral > block 168100: | 50,000 |
| Default Port: | 42998 |
| RPC Port: | 42999 |
BLOCK REWARDS
| Phase | Reward | PoW | PoS | MN | Blocks |
|---|---|---|---|---|---|
| GENESIS | 0 | 1 | |||
| PREMINE | 5000000 | 2 | |||
| INITIAL | 0.0001 | 100% | 0% | 0% | 3 - 1500 |
| POSPREP. | 1 | 100% | 0% | 0% | 1501 - 10080 |
| YEAR1 | 5 | 15% | 15% | 70% | 10081 - 525600 |
| PREMINE BURN | -4,724,447 | 168100 | |||
| YEAR2 | 3 | 15% | 15% | 70% | 525601 - 1051200 |
| YEAR3 | 2 | 15% | 15% | 70% | 1051201 - 1576800 |
| YEAR4 | 1.75 | 15% | 15% | 70% | 1576801 - 2102400 |
| YEAR5 | 1.5 | 15% | 15% | 70% | 2102401 - 2628000 |
| YEAR6 | 1.25 | 15% | 15% | 70% | 2628001 - 3153600 |
| YEAR7 | 1 | 15% | 15% | 70% | 3153601 - 3679200 |
| YEAR8 | 0.75 | 15% | 15% | 70% | 3679201 - 4204800 |
| YEAR9 | 0.5 | 15% | 15% | 70% | 4204801 - 4730400 |
| YEAR10 | 0.25 | 15% | 15% | 70% | 4730401 - 5256000 |
| YEAR10++ | 0.1 | 15% | 15% | 70% | 5256001 - infinite |
The original Shroud Protocol coin had a premine of 5,000,000 coins. The developer abandoned the project and the community stepped in and took over the coin. ShroudX is born! We found that only 275,553 coins (0.55%) was spend from the premine so we decided to blacklist both wallets containing the premine causing a burn of 4,724,447 coins on the network that can’t be spend anymore.
