AXLE is an open source crypto-currency focused on fast private transactions with low transaction fees & environmental footprint. It utilizes a custom Proof of Stake protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 90% of its block reward size between masternodes and staking nodes and 10% dedicated for budget proposals. The goal of AXLE is to achieve a decentralized sustainable crypto-currency with near instant full-time private transactions, fair governance and community intelligence.
- Anonymized transactions using the Zerocoin Protocol.
- Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
- Decentralized blockchain voting utilizing Masternode technology to form a DAO. The blockchain will distribute monthly treasury funds based on successful proposals submitted by the community and voted on by the DAO.
AXLE Coin is dedicated to Titanium Axle, a brave knight of 60 level, a founder, and a leader of Syrtis War Stalkers clan.
Syrtis War Stalkers clan's logo
More information at syrtiswarstalkers.blogspot.com, an official site of Syrtis War Stalkers (SWS) clan @ Syrtis realm @ Haven world @ Champions of Regnum MMO game.
Algo | Quark |
Block Time | 60 Seconds |
Difficulty Retargeting | Every Block |
Max Coin Supply (PoW Phase) | 43,199,500 AXLE |
Max Coin Supply (PoS Phase) | Infinite |
Premine | 60,000 AXLE* |
*60,000 AXLE premine will be burned in block #279917.
Genesis Block | |||
---|---|---|---|
Block Height | Reward Amount | Notes | |
1 | 60,000 AXLE | Initial Pre-mine, burnt in block #279917 |
Block Height | Masternodes | Miner | Budget |
---|---|---|---|
2-43200 | 20% (50 AXLE) | 80% (200 AXLE) | N/A |
43201-151200 | 20% (50 AXLE) | 70% (200 AXLE) | 10% (25 AXLE) |
151201-259200 | 45% (22.5 AXLE) | 45% (22.5 AXLE) | 10% (5 AXLE) |
Phase | Block Height | Reward | Masternodes & Stakers | Budget |
---|---|---|---|---|
Phase 1 | 259201-302399 | 50 AXLE | 90% (45 AXLE) | 10% (5 AXLE) |
Phase 2 | 302400-345599 | 45 AXLE | 90% (40.5 AXLE) | 10% (4.5 AXLE) |
Phase 3 | 345600-388799 | 40 AXLE | 90% (36 AXLE) | 10% (4 AXLE) |
Phase 4 | 388800-431999 | 35 AXLE | 90% (31.5 AXLE) | 10% (3.5 AXLE) |
Phase 5 | 432000-475199 | 30 AXLE | 90% (27 AXLE) | 10% (3 AXLE) |
Phase 6 | 475200-518399 | 25 AXLE | 90% (22.5 AXLE) | 10% (2.5 AXLE) |
Phase 7 | 518400-561599 | 20 AXLE | 90% (18 AXLE) | 10% (2 AXLE) |
Phase 8 | 561600-604799 | 15 AXLE | 90% (13.5 AXLE) | 10% (1.5 AXLE) |
Phase 9 | 604800-647999 | 10 AXLE | 90% (9 AXLE) | 10% (1 AXLE) |
Phase X | 648000-Infinite | 5 AXLE | 90% (4.5 AXLE) | 10% (0.5 AXLE) |