PLATIGOLD
Introduction
PlatiGold is a privacy-focused cryptocurrency with lightning fast payment confirmations. It is going to take the lead in cryptocurrency progress and diversity, because it is easy to use and it has the most secure and developing program.
Specification
Total Supply: 50,000,000
Premine: 0.4%
Block Target: 60 seconds
Transaction Fee: 0.00001
Confirmation: 10
Block Maturity: 20
PoS Stake: 40% PTG
Masternode: 60% PTG
Masternode Collateral: 10,000 PTG
Min stake age: 5 hours
P2P Port: 11784;
RPCPort: 11785;
Address Start Letter: Q
addnode=95.85.18.35
addnode=178.62.75.47
Exchange
COMING SOON
Wallets
Source Code
Block Explorer
PoS Block Rewards
100 to 5000 50 PTG
5001 to 20000 25 PTG
20001 to 50000 20 PTG
50001 to 100000 15 PTG
100001 to 200000 10 PTG
200001 and above 5 PTG
Premine distribution125,000 crowdsale
2 masternode (for running the network initially) = 20,000
Reserved (for development, improvements and future network supports) = 50,000
Bounty = 5000Bounty
Bounty: Total 5000
Twitter : 1200
Facebook : 1000
Forum : 300
Translation : 500
Articles : 1000
Block Explorers : 500
Exchange : 500
BOUNTY LINK COMING SOON Whitepapers
Bitcoin White Paper -- https://bitcoin.org/bitcoin.pdf
Peercoin White Paper -- https://peercoin.net/assets/paper/peercoin-paper.pdf
Blackcoin PoS 2.0 White Paper -- http://blackcoin.co/blackcoin-pos-protocol-v2-whitepaper.pdf
Blackcoin PoS 3.0 White Paper -- https://www.dropbox.com/s/jojqo5rmaxy45ex/Blackcoin%20POS%203.pdf
Features
Masternode: Masternodes are computers that run a PlatiGold wallet and make decisions, such as locking transactions with InstantSend, coordinate mixing of coins, and voting on budget funding. Masternodes are required to have 10,000 PTG collateral, a dedicated IP address, and be able to run 24 hours a day without a more than a 1 hr connection loss. Masternodes get paid 50% of the block reward on every block, which is distributed to masternodes one at a time. Masternodes are trust-less, in the sense that they cannot steal user coins, and the combination of multiple Masternodes ensures that no single node has full knowledge of both inputs and outputs in the transaction process. To avoid a bad actor scenario, in which many Masternodes are operated by an adversary who wants to de-anonymize transactions, a deterrent has been put in place in which 10,000 PTG are required to own and operate a Masternode. As an incentive for operating a Masternode, chosen nodes currently earn 50% of the mining rewards.
Advanced Proof of Stake: The current Proof of Stake protocol has several potential security issues: coin age can be abused by malicious nodes to gain significant network weight to perform a successful double spend. Additionally, due to coin age, honest nodes can abuse the system by staking only on a periodical basis. This does not secure the network. Lastly: in the current system all components of a stake of proof are predictable enough to allow pre-computation of future proof-of-stakes. In this coin PlatiGold; we have used a system that solve the above said issues.
DarkSend: DarkSend is a function that makes anonymous a part of your coins. The parts, once anonymized will then be available only on DarkSend networks and can be exchanged anonymously between wallets. The anonymization of the currency involves a variable cost depending on the volume to be processed and take a long time.
Coin Mixing: Coin Mixing is performed by Masternodes, servers operating on a decentralized volunteer network which have the responsibility of signing the transactions. Random Masternodes are then selected to perform the coin mixing.
Obfuscation: Obfuscation cryptography protocol allow you to generate a public key that you can provide to multiple parties, and the parties can pay you but cant see funds you receive from the other parties.