Rscoin Specs

What Are We Using

Core Specification

  • Stake-able
    Yes (Earn block reward from coin ownership)

  • Transactions per second
    173 TPS (current theoretical maximum)

  • Block Time
    60 Seconds (Re-targeting every block)

  • Masternode Support
    Yes, 100,000 RSCOIN per master-node

  • Consensus Algorithm
    PoS + zPoS Hybrid

  • Block size
    2 MB

  • Mine-able
    No

PoS Stake Eligibility

  • UTXO Stake Eligibility
    600 confirmations (approx. 10 hours)

  • Post-Stake Stake Eligibility
    600 confirmations (approx. 10 hours)

  • Post-Stake Spend Eligibility
    100 confirmations (approx. 1.66 hours)

  • Wallet Status
    Requires core wallet to remain online and unlocked for staking.

Coin Emission Rate

  • Block reward
    Max.5 RS COIN per block (split dynamically between staker & masternode)

  • Budget reward
    Max. 1 RS COIN per block (paid out monthly)

Rscoin Supply Control

  • Dynamic Coin Supply
    ALL transaction fees are burnt from coin supply to offset emission rate.

Default Wallet Ports

  • mainnet
    51482

  • rpcmain
    51482

  • testnet
    51474

  • rpctest
    51475

  • regTest
    51476

Send Eligibility

  • Minimum Confirm (RS COIN)
    6 confirms

  • Minimum Confirm (RS COIN)
    20 confirms

SwiftX Eligibility

  • Confirmations
    1 for locking and 6 to spend.

  • Collateral held time
    15 minutes.

Masternode Expiry

  • Node expiration
    120 minutes

  • Node removal
    130 minutes

zPoS Stake Eligibility

  • Maturity Confirms
    200 confirms

  • Wallet Status
    Requires core wallet to remain online and unlocked for staking.

Privacy Feature

  • Previous Privacy Technology
    Custom Zerocoin Protocol based on libzerocoin (zPIV)

  • Upcoming Privacy Technology
    TBA Q1 2020 – Use of Zero-Knowledge Proof

  • Key Features
    Custom accumulator check-pointing system

  • Accumulator Modulus
    RSA-2048

  • zRSC Denominators
    1, 5, 10, 50, 100, 500, 1000, 5000

  • Mint time
    >= 0.5 seconds

  • Spend time
    >= 2.5 seconds

  • Maximum single Spend limit
    35,000 RSC

  • Maximum single Spend denomination count limit
    7

  • Fees (mint)
    0.01 PIV per minted zRSC denomination.

  • Fees (spend)
    No fee

  • Minimum RSCOIN confirmation count required to mint zRSC
    6 confirmations

  • Minimum zRSC confirmation count required before spend
    20 confirmations

  • Maturity requirement before zRSC can be spent
    1 new identical denomination mint added to accumulator

Proof of Stake Phase

  • November 2, 2020 from block 600 onward (CURRENT)

Proof of Work Phase

  • November 2, 2020 to November 2, 2020 (FINISHED)