ArepaCoin is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.
- Anonymized transactions using coin mixing technology, we call it Obfuscation.
- 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 10K ARC.
More information at arepacoin.org Visit our ANN thread at BitcoinTalk
| Algo | Quark |
| Block Time | 60 Seconds |
| Difficulty Retargeting | Every Block |
| Max Coin Supply (PoW Phase) | 43,199,500 ARC |
| Max Coin Supply (PoS Phase) | Infinite |
| Premine | 60,000 ARC* |
*60,000 ARC Premine was burned in block 279917
| PoW Phase | |||
|---|---|---|---|
| Block Height | Reward Amount | Notes | Duration (Days) |
| 1 | 60,000 ARC | Initial Premine | 0 Days |
| 2-151200 | 250 ARC | Open Mining | Approx 180 Days |
| 151201-259200 | 50 ARC | ||
| PoS Phase | |||
| Block Height | Reward Amount | ||
| 259201-Infinite | Variable based on SeeSaw Reward Mechanism | ||
| Block Height | Masternodes | Miner | Budget |
|---|---|---|---|
| 2-43200 | 20% (50 ARC) | 80% (200 ARC) | N/A |
| 43201-151200 | 20% (50 ARC) | 70% (200 ARC) | 10% (25 ARC) |
| 151201-259200 | 45% (22.5 ARC) | 45% (22.5 ARC) | 10% (5 ARC) |
| Phase | Block Height | Reward | Masternodes & Stakers | Budget |
|---|---|---|---|---|
| Phase 1 | 259201-302399 | 50 ARC | 90% (45 ARC) | 10% (5 ARC) |
| Phase 2 | 302400-345599 | 45 ARC | 90% (40.5 ARC) | 10% (4.5 ARC) |
| Phase 3 | 345600-388799 | 40 ARC | 90% (36 ARC) | 10% (4 ARC) |
| Phase 4 | 388800-431999 | 35 ARC | 90% (31.5 ARC) | 10% (3.5 ARC) |
| Phase 5 | 432000-475199 | 30 ARC | 90% (27 ARC) | 10% (3 ARC) |
| Phase 6 | 475200-518399 | 25 ARC | 90% (22.5 ARC) | 10% (2.5 ARC) |
| Phase 7 | 518400-561599 | 20 ARC | 90% (18 ARC) | 10% (2 ARC) |
| Phase 8 | 561600-604799 | 15 ARC | 90% (13.5 ARC) | 10% (1.5 ARC) |
| Phase 9 | 604800-647999 | 10 ARC | 90% (9 ARC) | 10% (1 ARC) |
| Phase X | 648000-Infinite | 5 ARC | 90% (4.5 ARC) | 10% (0.5 ARC) |