A Hybrid Proof of Work / Proof of Stake / Memetic Stake Rate Cryptocurrency
http://memeticproject.com (under construction)
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Default port 29377 and RPC port 29376
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60 seconds block time POW (over July 2016)
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~3 Months Proof of Work mining distribution ended with 12m MEME
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X11 mining algorithm
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Memetic Stake Rate PSR / POS enable at block 9000
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POW End at block 70,000
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40 confirmations for newly Proof of Work mined blocks
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100 confirmations for newly Proof of Stake minted blocks
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3.5% Premine for Development Fund - Public Ledger and Transparent
- 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 MEME held (below)
Block 1 - 99 - 3.5% "Tendies Fund" MEME Development Fund and Checkpointing Blocks
* Block 100 Public Launch *
Block 100 to 900 - 1500 MEME
Block 900 to 1300 - 1200 MEME
Block 1300 to 1900 - 1050 MEME
Block 1900 to 2900 - 900 MEME
Block 2900 to 4100 - 750 MEME
Block 4100 to 6680 - 600 MEME
Block 6680 to 9260 - 400 MEME
Block 9260 to 11840 - 500 MEME
Block 11840 to 14420 - 200 MEME
Block 14420 to 17000 - 300 MEME
Block 17000 to 19580 - 100 MEME
Block 19580 to 22160 - 200 MEME
Block 22160 to 24740 - 90 MEME
Block 24740 to 27320 - 130 MEME
Block 27320 to 29900 - 80 MEME
Block 29900 to 32480 - 100 MEME
Block 32480 to 35060 - 70 MEME
Block 35060 to 37640 - 100 MEME
Block 37640 to 40220 - 60 MEME
Block 40220 to 42800 - 100 MEME
Block 42800 to 45380 - 50 MEME
Block 45380 to 47960 - 100 MEME
Block 47960 to 50540 - 40 MEME
Block 50540 to 53120 - 100 MEME
Block 53120 to 55700 - 40 MEME
Block 55700 to 58280 - 100 MEME
Block 58280 to 60860 - 40 MEME
Block 60860 to 63440 - 100 MEME
Block 63440 to 66020 - 40 MEME
Block 66020 to 68600 - 100 MEME
Block 68600 to 70000 - 40 MEME
POW End Block 70,000 Approx 3 Months
Total from 1 Yr. POW: Approx 11.5m MEME
Development fund: 562,390 MEME
Total MEME in POW & Fund: Approx 12m MEME
| MEME 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% |
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Security improved open source "Fair-Weight" Proof of Sadfrog protocol technology
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Coin holders benefit from multiple block stakes and are rewarded for running regularly as a node.
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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.
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MemeticLife technology ensures MEME 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 MEME network security.
Memetic 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 Memetic Developers
