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Introduction
Myztic:Myztic is Fast, Anonymous, and Low-fee Global Money Transfer System. It is a peer to peer and untraceable digital cash system with infrastructure for a payment gateway to accept payments online. Derived from the word mystic" the project aims to embody the principles of concealment while also facilitating the transfer of hidden truth. myztic will be able not only to transmit value but also verify that the transaction is verifiable and true. In doing so, myztic will be a seamless platform for transacting value in areas where easy means of transacting are limited.
Myztic Specs
- Ticker: MZT
- Max Supply: 100,000,000 MZT in 2031, then 525,600 MZT each year for 0.53% inflation.
- Proof-of-Work Algorithm: CryptoNight.
- Block Time: 120 Seconds.
- 10% was premined for core Development team for future development.
- 2% was premined for Airdrop & Bounty Programs.
- --------------------------------OPERATIONAL EXPENSE 3%--------------------------------
- 1% for Future Development.
- 1% for Infrastructure Cost and Exchange Listing.
- 1% for Design, Marketing, Infrastructure Cost and Exchange Listing.
- 85 Million coins are available for miners as reward for blockchain verification.
* FOR TRANSPARENCY WE WILL DISCLOSE ALL OF OUR OPERATIONAL EXPENSES UNLESS BOUND BY AN NDA NOT TO DO SO, ON OUR WEBSITE
* UNUSED OPERATIONAL EXPENSE WILL BE BURNED
Myztic Avg Reward by Year
Myztic Reward Distribution Rational: The MZT reward curve is built with fair share and fair distribution in mind. The block reward bumps up in 2020 when we expect the adoption by community to be rising and MZT awareness at its peak. This is also partly based on the release schedule of out Android and iOS apps.
Myztic Emission Curve
Myztic Emission Table
Myztic Development Roadmap
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Myztic Whitepaper & References
Thank You!
