Ad

CryptoSlate does not endorse or rate any crypto projects. Please read our coin database disclaimer for more information. Read More | Hide This

VITAE Price
$0.35161
-11.56%
Market Cap
$6.85M
24H Volume
$20.44K
Circ Supply
19.47M
Statility

Vitae Info

Vitae Token is a PIVx fork. Containing PIVx technology. Based on Blackcoin PoS 2.0 protocol and on Bitcoin core 0.10.x code base. It utilizes a network of Masternodes/Supernodes for an openly visible decentralized governance and increased transaction privacy.

Vitae Video

Vitae Technical Info

  • Blockchain Own Blockchain
  • Consensus Hybrid PoW/PoS
  • Block Time 45 seconds
  • Hash Algorithm POS 2.0
  • Org. Structure Centralized
  • Development Status On-going development
  • Open Source Yes

Vitae Masternode Details

Masternode Support Yes
Coins Required 20000 VITAE
Coins Rewards 25%

Vitae Features

  • Vitae token uses a See Saw effect for rewards distribution. Combining all rewards opportunities including Proof of Stake, Masternodes, and Supernodes.
  • Instant Transactions: SwiftTX transactions are confirmed and spendable within
    seconds, guaranteed by the network of masternodes/supernodes, with no need to wait for multiple confirmations to be confident in the validity of the transaction.
  • Max Supply: 100,000,000
  • Block Time: 45 Sec
  • Masternode requirement: 20,000 Vitae Tokens
  • Supernode requirement: 10,000
  • SwiftTX Eligibility: 1 confirm for locking and 8 confirm to spend. Collateral held for 15 minutes.
  • Zerocoin Protocol: Zerocoin Protocol is a way to provide safety to Master Nodes and Super Nodes from DDOS attacks. Allowing the blockchain to continue to function during attacks.
  • POD – Proof of Disintegration: Its Super Nodes require tokens to be burned for that reward to function. POD provides a transparent proof of the burn.
  • Proof of Stake: PoS Stake Eligibility
  • Minimum Input Age: 60 minutes
  • Maturity Confirms: 150 confirms

Vitae Organization & Team

Vitae
Michael Weber

Founder and CEO

Vitae
Russel Agnew

VP Human Resources

Vitae
Shrage Posen

COO

Vitae
Mendy Zicherman

CCO

Vitae
Jonathan Oerth

CTO

Vitae Intel

Powered by

Vitae Related Products

Vitae.co is a social media rewards website.

All images, branding and wording is copyright of Vitae. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.