TimelockCoin is an open source crypto-currency focused on fast private transactions using the Zerocoin protocol, with low transaction fees & environmental footprint. It utilizes proof of stake protocol(regular PoS), masternodes and collateral block timelock functionality for securing its network. The goal of TimelockCoin is to achieve a decentralized sustainable crypto currency that timelock masternode collaterals and funds on the platform for a specific target duration or over a chosen block range. The first starting masternode collateral of 200.0001234TYM will lock through the block range 501-30000 blocks.It will unlock after blockheight 30000. While the final collateral of 400.0001234TYM will be locked for a 180days duration. More information at timelockcoin.com.
| Algo | Quark |
| Block Time | 60 Seconds |
| Difficulty Retargeting | Every Block |
| Total Coin Supply | 50,000,000 TYM |
| Max Coin Supply (PoS Phase) | Infinite |
| Premine | 750,000 TYM* |
| Genesis Block | |||
|---|---|---|---|
| Block Height | Reward Amount | Notes | |
| 1 | 750,000 TYM | Initial Pre-mine | |