Bulwark (BWK) is a privacy oriented digital currency with Masternodes implemented. Bulwark offers both SwiftTX and Obfuscation to enable speedy transactions with a Seesaw Staking / Masternode reward balancing mechanism to promote strong network security after the Proof of Work phase
| Specification | Descriptor |
|---|---|
| Ticker | BWK |
| Algorithm | NIST5 |
| RPC Port | 52541 |
| P2P Port | 52543 |
| Block Spacing | 90 Seconds |
| Difficulty Algorithm | Dark Gravity Wave v3.0 |
| Block Size | 1MB |
| Mined/Minted Maturity | 67 Blocks (~100 Minutes) |
| Confirmation | 6 Blocks (~9 Minutes) |
| Circulation (1 Year) | 14,505,720 BWK |
| Circulation (5 Years) | 27,668,220 BWK |
| PoW Period | nHeight ≤ 182,700 |
| PoS Period | nHeight ≥ 182,701 |
| Protocol Support | IPV4, IPV6, TOR |
| PoS | Blackcoin v3.0 PoS, PIVX SeeSaw Rewards |
| Subsidy | Block | PoW | MN | Circulation |
|---|---|---|---|---|
| 489720 | 1 | 100% | NA | 489200 |
| ~25(avg) | 2-960 | 100% | NA | 513225 |
| 50.000 | 961-28800 | 80% | 20% | 1905225 |
| 50.000 | 28801-57600 | 75% | 25% | 3345225 |
| 50.000 | 57601-86400 | 66% | 33% | 4785225 |
| 43.750 | 86401-172800 | 50% | 50% | 8565225 |
| 37.500 | 172801-182700 | 50% | 50% | 8936475 |
| Subsidy | Block | Budget | Circulation | Note |
|---|---|---|---|---|
| 37.500 | 182701-259200 | 0% | 11805225 | Year 1 |
| 31.250 | 259201-345600 | 0% | 14505225 | Year 1 |
| 25.000 | 345601-432000 | 10% | 16665225 | Year 2 |
| 21.875 | 432001-518400 | 10% | 18555225 | Year 2 |
| 18.750 | 518401-604800 | 10% | 20175225 | Year 2 |
| 15.625 | 604801-691200 | 10% | 21525225 | Year 2 |
| 12.50 | 691201-777600 | 10% | 22380225 | Year 3 |
| 10.938 | 777601-864000 | 10% | 23325268.2 | Year 3 |
| 9.3750 | 864001-950400 | 10% | 24135268.2 | Year 3 |
| 7.8120 | 950401-1036800 | 10% | 24810225 | Year 3 |
| 6.2500 | 1036801-1123200 | 10% | 25350225 | Year 4 |
| 5.4690 | 1123201-1209600 | 10% | 25822746.6 | Year 4 |
| 4.6880 | 1209601-1296000 | 10% | 26227789.8 | Year 4 |
| 3.9060 | 1296000-1382400 | 10% | 26565268.2 | Year 4 |
| 3.1250 | 1382401-1468800 | 10% | 26835268.2 | Year 5 |
| 2.7340 | 1468801-1555200 | 10% | 27071485.8 | Year 5 |
| 2.3440 | 1555201-1641600 | 10% | 27274007.4 | Year 5 |
| 1.9530 | 1641601-1728000 | 10% | 27442746.6 | Year 5 |
| 1.6250 | 1728001+ | 10% | ∞ | In Perpetuity |
*During the PoS phase, the divide between staking rewards and masternodes will be decided by the SeeSaw mechanic described in chapter 6.7 of our whitepaper.