TECH NOTES 2018-03-05T14:12:33+00:00

Tech notes

Rapture

Type: PoW + Masternodes

Algo: Neoscrypt (ASIC Resistant, GPU friendly, DgW v3 retargeting)

Symbol: RAP

Features: Masternodes with high rewards, InstantSend, PrivateSend, Fast block times

Coin supply: Approx 21 Million

Premine: Approx 3%*

Total Block Reward: 14 Rapture,  reducing by 7% annually

Masternode Reward: ~80% of block (+ Lucky PoW) after block 29,000, 50% prior to block 29,000
—-—> Masternode setup guide here: https://goo.gl/AdZ4D5

PoW Reward: ~20% of block (+ Lucky PoW) after block 29,000, 50% prior to block 29,000

Block time average: 120 seconds

Masternode Collateral: 1000 RAP

Governance: Budgets and Superblocks initiating after approx 1 year (block 262,800)

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Lucky PoW blocks (blocks that payout much higher rewards)

Block 2,000 (Day 2) – 1000 Rapture

Block 3,000 (Day 4) – 1000 Rapture

Block 4,000 (Day 5) – 1000 Rapture

Block 5,000 (Day 7) – 1000 Rapture

Block 6,000 (Day 8) – 1000 Rapture

Block 10,000 (Day 14) – 2000 Rapture

Block 15,000 (Day 21) – 2000 Rapture

Block 20,000 (Day 28) – 2000 Rapture

Block 40,000 (Day 55) – 2000 Rapture

Block 75,000 (Day 104) – 2000 Rapture

Block 100,000 (Day 139) – 2000 Rapture

Block 120,000 (Day 167) – 5000 Rapture

Block 140,000 (Day 194) – 5000 Rapture

Block 160,000 (Day 222) – 5000 Rapture

Block 180,000 (Day 250) – 5000 Rapture

Block 200,000 (Day 277) – 5000 Rapture

Block 220,000 (Day 305) – 5000 Rapture

Block 240,000 (Day 305) – 5000 Rapture

Block 450,000 (Day 625) – 10000 Rapture

Block 720,000 (Day 1000) – 10000 Rapture

Block 950,000 (Day 1319) – 10000 Rapture

Block 1,200,000 (Day 1600) – 10000 Rapture

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* Rapture premine to be used for Airdrops, Bounties, and development of Rapture Gift Cards system