Post
Topic
Board Announcements (Altcoins)
Topic OP
MariaCoin launched
by
SpeedyDale08
on 15/08/2023, 18:30:27 UTC
Coin Specs

Description in few words: Masternode Coin for Maria Ecosystem. Unlimited supply. 10% from block rewards got to Treasury (to be used on marketing and development).

Details:
PoS: from the block 200 - ∞
Algorithm: Quark
Premine: 8,888,888
Block Time: 60 Seconds
Maturity: 100 Confirmations
MN Collateral: 100,000
Prefix: Maria addresses start with the capital letter "M"
Ports: 47773

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Links:
Explorer: https://explorer.mariacoin.com
Website: https://www.mariacoin.com
Resource: https://github.com/host-maria/maria-coin/releases/tag/v1.0.2
Whitepaper: https://github.com/hostmaria/mariacoin/blob/main/whitepaper.md

Social
Discord: https://discord.gg/cGsXc3gKeQ
Twitter: https://twitter.com/TheMariaCoin
Telegram: https://t.me/themariacoin
Reddit: https://www.reddit.com/r/mariacoin/

Genesis Block

Block Height: 1
Reward Amount: 8,888,888 MARIA Initial pre-mine

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Rewards Breakdown

Block: 1 - 199 - Proof of Work
Reward in a Single Block: 888
Treasury: 88.80 (10%)

Block: 200 - ∞ - Proof of Stake

Reward in a Single Block: 888
Treasury: 88.80 (10%)
MN Reward: 532.8 (60%)
Staker Reward: 266.4 (30%)

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Rewards & Halving
(Reward breakdown: 10% Treasury, 60% Masternode Reward, 30% Staker Reward)
Block (from & to)   - Reward
200 - 500'000 - 888 MARIA
500'001 - 1'000'000 - 444 MARIA
1'000'001 - 1'500'000 - 222 MARIA
1'500'001 - 2'000'000 - 111 MARIA
2'000'001 - 2'500'000 - 55.5 MARIA
2'500'001 - Unlimited - 27.75 MARIA
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Treasury

The idea is based on the DASH Treasury.

Every new block, apart from the awards to 1 MN holder and 1 Staker, will also contain 88.8 Maria Coins that are intended for the Treasury. The coins will be paid out to the Treasury every 4300 blocks (to be confirmed).

Treasury funds will be spent as follows: 50% on development and 50% on marketing only.

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Wallets went live today, September 10th 2022 and are available at: https://github.com/hostmaria/mariacoin/releases

First exchange where MariaCoin will be available will be at StakeCube with whose team we have friendly relationships.

This is a short announcement for the history.

Best wishes all!
Helmuts