GCX 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 GCX.
| Algo | Quark |
| Block Time | 60 Seconds |
| Difficulty Retargeting | Every Block |
| Max Coin Supply (PoW Phase) | 300,2500,000 GCX |
| Max Coin Supply (PoS Phase) | Infinite |
| Premine | 75,250,000 GCX* |
Block 6340 burn 75M premine.
| PoW Phase | |||
|---|---|---|---|
| Block Height | Reward Amount | Notes | Duration (Days) |
| 1 | 70,000,000 GCX | Initial Premine | 0 Days |
| 2-21 | 250,000 GCX | Open Mining | Approx 180 Days |
| 22-100021 | 50 GCX | ||
| 100022-300021 | 25 GCX | ||
| PoS Phase | |||
| Block Height | Reward Amount | ||
| 300021-Infinite | Variable based on SeeSaw Reward Mechanism | ||
| Block Height | Masternodes | Miner | Budget |
|---|---|---|---|
| 43201-300021 | 20% | 70% | 10% |
| Phase | Block Height | Reward | Masternodes & Stakers | Budget |
|---|---|---|---|---|
| All Phase | 300022-Infinite | 10 GCX | 90% (9 GCX) | 10% (1 GCX) |