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

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

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Vitae Related Products

Vitae.co is a social media rewards website.

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