verdverm / bitcoingreen

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Bitcoin Green Core integration/staging repository

Bitcoin Green (BITG) is a sustainable cryptocurrency modeled after Satoshi Nakamoto’s vision for Bitcoin. It is a decentralized, peer-to-peer transactional currency designed to offer a solution to the problem posed by the exponential increase in energy consumed by Bitcoin and other proof-of-work currencies. Proof-of-work mining is environmentally unsustainable due to the electricity used by high-powered mining hardware. Bitcoin Green utilizes an energy efficient proof-of-stake algorithm, can be mined on any computer, and will never require specialized mining equipment. The Green Protocol offers a simple solution to Bitcoin sustainability issues and provides a faster, more scalable blockchain that is better suited for daily transactional use.

  • Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftTX.
  • 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 a collateral of 2,500 BITG.

More information at savebitcoin.io

Coin Specs

| Block Time | 60 Seconds | | Max Coin Supply (PoW Phase) | 500,000 BITG | | Max Coin Supply (PoS Phase) | 20,500,000 BITG | | Premine | 500,000 BITG |

Reward Distribution

Block Height Masternodes PoS Budget
201-5000 85% (0.85 BITG) 10% (0.1 BITG) 5% (0.05 BITG)
5001-25000 85% (25.5 BITG) 10% (3 BITG) 5% (1.5 BITG)
25001-100000 85% (17 BITG) 10% (2 BITG) 5% (1 BITG)
100001-1050000 85% (8.5 BITG) 10% (1 BITG) 5% (0.5 BITG)
1050001-2100000 85% (4.25 BITG) 10% (0.5 BITG) 5% (0.25 BITG)
2100001-3150000 85% (2.13 BITG) 10% (0.25 BITG) 5% (0.13 BITG)
3150001-Infinite 85% (1.06 BITG) 10% (0.13 BITG) 5% (0.06 BITG)

About

License:MIT License


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