Commit 5c24bd0c authored by DeepChat's avatar DeepChat

Update of README.md - WIP

parent a5c4d0d6
MERGE Core integration/staging repository
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Merge Coin
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MERGE is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.
Its main purpose is to form a common ecosystem with an underlaying business logic protocol, to be implemented. We call it Membrane.
This common ecosystem will be based on the core concept of MERGE, which is incorporating other coins and their ideas, by means of the Swap.
The Merge Coin is a cutting edge cryptocurrency, with many features not available in other cryptocurrencies.
It is the engine and the connector to the products and solutions of [Merge](http://www.projectmerge.org).
Merge bridges the gap to crypto and provide a platform that will allow non-crypto developers to build apps or projects that interact with the blockchain.
Such a platform helps forming a common ecosystem with an underlaying business logic protocol that we call The Membrane.
This common ecosystem will be based on the core concept of Merge, which is incorporating other coins and their ideas by means of a coin swap.
- Fast transactions featuring guaranteed zero confirmation transactions.
- 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 MERGE.
- 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 10,000 MERGE.
More information at [projectmerge.org](http://www.projectmerge.org).
Visit our ANN thread at [BitcoinTalk](https://bitcointalk.org/index.php?topic=5034723).
See the status of the Merge Coin network at the [Merge Coin Block Explorer](https://explorer.projectmerge.org).
Install your Merge Coin remote masternode with this [script](https://github.com/ProjectMerge/merge).
More information at [merge.org](http://www.projectmerge.org) Visit our ANN thread at [BitcoinTalk](http://www.bitcointalk.org/index.php?topic=xxxxxx)
### Coin Specs
<table>
<tr><td>Algo</td><td>Quark</td></tr>
<tr><td>Ticker</td><td>MERGE</td></tr>
<tr><td>Algorithm</td><td>PoW: Argon2m - PoS: See-Saw</td></tr>
<tr><td>Max Coin Supply</td><td>100,000,000 MERGE</td></tr>
<tr><td>Masternode Collateral</td><td>10,000 MERGE</td></tr>
<tr><td>Block Time</td><td>60 Seconds</td></tr>
<tr><td>Difficulty Retargeting</td><td>Every Block</td></tr>
<tr><td>Max Coin Supply </td><td>100,000,000 MERGE</td></tr>
<tr><td>Premine</td><td>41,000,000 MERG*</td></tr>
<tr><td>Premine</td><td>41,000,000 MERGE*</td></tr>
</table>
* 40,000,000 Premine is exclusively for the swaps.
* 40,000,000 of the premine is exclusively for the swaps.
### Reward Distribution
[![Merge Coin Reward Distribution](https://cdn.discordapp.com/attachments/470509313484390400/510102425684672523/Artboard_1-8.png)]
<table>
<th colspan=4>PoW Phase</th>
<tr><th>Block Height</th><th>Reward Amount</th><th>Notes</th><th>Duration (Days)</th></tr>
<tr><td>1</td><td>41,000,000 MERG</td><td>Initial Premine</td><td>0 Days</td></tr>
<tr><td>1</td><td>41,000,000 MERGE</td><td>Initial Premine</td><td>0 Days</td></tr>
<tr><td>2-86400</td><td>10 MERGE</td><td rowspan=2>Open Mining</td><td rowspan=2> Approx 60 Days</td></tr>
<tr><td>86401- </td><td>50 MERGE - 25 MERGE</td></tr>
<tr><th colspan=4>PoS Phase</th></tr>
......@@ -59,5 +73,3 @@ More information at [merge.org](http://www.projectmerge.org) Visit our ANN threa
<tr><td>Phase 9</td><td>604800-647999</td><td>10 MERGE</td><td>90% (9 MERGE)</td><td>10% (1 MERGE)</td></tr>
<tr><td>Phase X</td><td>648000-Infinite</td><td>5 MERGE</td><td>90% (4.5 MERGE)</td><td>10% (0.5 MERGE)</td></tr>
</table>
Work in Progress
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