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README.old
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PepeCoin (PEPE)
===============
-------------------------------------------
A Hybrid Proof of Work / Proof of Stake / Pepe Stake Rate Cryptocurrency
http://pepecoin.net
- Default port 29377 and RPC port 29376
- 60 seconds block time POW
- ~3 Months Proof of Work mining distribution ~16m PEPE
- X11 mining algorithm
- Pepe Stake Rate PSR / POS enable at block 9000
- POW End at block 130420
- 40 confirmations for newly Proof of Work mined blocks
- 100 confirmations for newly Proof of Stake minted blocks
- 3.5% Premine for Development Fund - Public Ledger and Transparent
POSV Details
------------
- Proof of Stake activates at block 9000.
- 60 seconds per block time Proof of Stake
- 6 hour minimum stake age
- Additional security improvements
- Staking rewards are variable depending on the number of PEPE held (below)
10% of stake, Masternodes Payouts begin 04 14 2016 0600
PEPE Masternodes can stake coins that are held in MN.
-------------------------------------------
Pepecoin X11 Proof of Work Block Reward Schedule
------------------------------------------------
```
Block 1 - 99 - 3.5% "Tendies Fund" PEPE Development Fund and Checkpointing Blocks
* Block 100 Public Launch *
Block 100 to 900 - 1500 PEPE
Block 900 to 1300 - 1200 PEPE
Block 1300 to 1900 - 1050 PEPE
Block 1900 to 2900 - 900 PEPE
Block 2900 to 4100 - 750 PEPE
Block 4100 to 6680 - 600 PEPE
Block 6680 to 9260 - 400 PEPE
Block 9260 to 11840 - 500 PEPE
Block 11840 to 14420 - 200 PEPE
Block 14420 to 17000 - 300 PEPE
Block 17000 to 19580 - 100 PEPE
Block 19580 to 22160 - 200 PEPE
Block 22160 to 24740 - 90 PEPE
Block 24740 to 27320 - 130 PEPE
Block 27320 to 29900 - 80 PEPE
Block 29900 to 32480 - 100 PEPE
Block 32480 to 35060 - 70 PEPE
Block 35060 to 37640 - 100 PEPE
Block 37640 to 40220 - 60 PEPE
Block 40220 to 42800 - 100 PEPE
Block 42800 to 45380 - 50 PEPE
Block 45380 to 47960 - 100 PEPE
Block 47960 to 50540 - 40 PEPE
Block 50540 to 53120 - 100 PEPE
Block 53120 to 55700 - 40 PEPE
Block 55700 to 58280 - 100 PEPE
Block 58280 to 60860 - 40 PEPE
Block 60860 to 63440 - 100 PEPE
Block 63440 to 66020 - 40 PEPE
Block 66020 to 68600 - 100 PEPE
Block 68600 to 71180 - 40 PEPE
Block 71180 to 73760 - 90 PEPE
Block 73760 to 76340 - 30 PEPE
Block 76340 to 78920 - 80 PEPE
Block 78920 to 81500 - 30 PEPE
Block 81500 to 84080 - 70 PEPE
Block 84080 to 86660 - 30 PEPE
Block 86660 to 89240 - 60 PEPE
Block 89240 to 91820 - 30 PEPE
Block 91820 to 94400 - 50 PEPE
Block 94400 to 96980 - 30 PEPE
Block 96980 to 99560 - 50 PEPE
Block 99560 to 102140 - 30 PEPE
Block 102140 to 104720 - 50 PEPE
Block 104720 to 107300 - 20 PEPE
Block 107300 to 109880 - 40 PEPE
Block 109880 to 112460 - 20 PEPE
Block 112460 to 115040 - 30 PEPE
Block 115040 to 117620 - 20 PEPE
Block 117620 to 120200 - 25 PEPE
Block 120200 to 122780 - 15 PEPE
Block 122780 to 125360 - 20 PEPE
Block 125360 to 127940 - 15 PEPE
Block 127940 to 130420 - 20 PEPE
TOTAL POW 16,066,300
POW End Block 130420 Approx 3 Months
Total from 1 Yr. POW: 16,066,300 PEPE
3.5% Development fund: 562,390 PEPE
Total PEPE in POW & Fund: 16,628,690 PEPE
Note: POS Begins at block 9000 and will replace ~ 50% POW blocks.
```
Pepe Stake Rate (PSR) % POSV Reward Schedule
---------------------------------
| PEPE Amount | Stake % Year 1| Year 2 | Year 3+ |
|:-------------|:-------------:|------------:|------------:|
|0 to 10000 | 3.0%| 2.0% | 1.0% |
|10,000+ | 4.0%| 3.0% | 2.0% |
|50,000+ | 5.0% | 4.0% | 3.0% |
|100,000+ | 6.0% | 5.0% | 4.0% |
----------------------------------
Proof of Sadfrog (POSF)
----------------
- Security improved open source "Fair-Weight" Proof of Sadfrog protocol technology
- Coin holders benefit from multiple block stakes and are rewarded for running regularly as a node.
- Proof of Sadfrog also keeps the network alive by slowing coin age after 1 month with an aging half life of 90 days. Keep the magic alive.
- PepeLife technology ensures PEPE holders contribute to the health of the network at least once each month to earn the highest possible rewards, and incentivises running full nodes and/or keeping wallets open to increase PEPE network security.
-------------------------------
Additional Information
------------------------------
PepeCoin uses libsecp256k1, libgmp, Boost1.55, OR Boost1.57, Openssl1.01p, Berkeley DB 4.8, QT5 to compile
Ubuntu / Debian Build Dependencies
sudo apt-get install build-essential libtool autotools-dev automake pkg-config libssl-dev libevent-dev bsdmainutils
sudo apt-get install libboost-system-dev libboost-filesystem-dev libboost-chrono-dev libboost-program-options-dev libboost-test-dev libboost-thread-dev libminiupnpc-dev libgmp3-dev
```
Copyright (c) 2009-2010 Satoshi Nakamoto
Copyright (c) 2009-2012 The Bitcoin developers
Copyright (c) 2012 Litecoin Developers
Copyright (c) 2013 Peercoin Developers
Copyright (c) 2014 DarkCoin Developers
Copyright (c) 2014 BlackCoin Developers
Copyright (c) 2014 Digibyte Developers
Copyright (c) 2014 DashCoin Developers
Copyright (c) 2014 NetCoin Developers
Copyright (c) 2015 Transfercoin Developer
Copyright (c) 2015-2016 PepeCoin Developers
```
