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README.md

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![Privix Logo](https://www.privix.io/images/weblogosticky.png)
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Privix Cryptocurrency
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=====
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Privix (VPX) is a cutting edge digital cryptocurrency. Our products will bring day-to-day privacy back to cryptocurrency in a way we have not seen before. Investors will be able to reclaim their freedom to privacy through the many comprehensive services provided by Privix.
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## Table of Contents
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- [Specifications](#specifications)
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- [PoS Staking Requirements](#pos-staking-requirements)
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- [PoS Block Rewards](#pos-block-rewards)
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<a name="specifications"></a>
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## Specifications
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| Specification | Descriptor |
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|-----------------------|-----------------------------------------|
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| Ticker | VPX |
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| Algorithm | QUARK |
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| SegWit | ON |
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| RPC Port | 7789 |
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| P2P Port | 7788 |
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| Block Spacing | 120 Seconds |
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| Mined/Minted Maturity | 61 Blocks (~120 Minutes) |
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| Confirmation | 6 Blocks (~12 Minutes) |
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| PoW Period | nHeight ≤ 500 |
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| PoS Period | nHeight ≥ 501 |
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| Protocol Support | IPV4, IPV6, TOR, I2P |
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<a name="pos-staking-requirements"></a>
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## PoS Staking Requirements
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| Requirement | Details |
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|---------------|----------------------|
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| Confirmations | 360 Blocks |
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| Amount | 5 VPX (Per Input) |
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| Wallet | Unlocked for Staking |
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<a name="pos-block-rewards"></a>
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## PoS Block Rewards
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| Subsidy | Block | Reward | Reward Split | Note |
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|---------|-----------------|--------|----------------|---------------|
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| Mainnet | 501-10580 | 0.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 1 | 10581-20660 | 1.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 2 | 20661-30740 | 1.50 VPX | 90% MN / 10% POS | 14 days |
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| Phase 3 | 30741-40820 | 2.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 4 | 40821-50900 | 2.50 VPX | 90% MN / 10% POS | 14 days |
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| Phase 5 | 50901-60980 | 3.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 6 | 60981-71060 | 3.50 VPX | 90% MN / 10% POS | 14 days |
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| Phase 7 | 71061-81140 | 4.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 8 | 81141-91220 | 4.50 VPX | 90% MN / 10% POS | 14 days |
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| Phase 9 | 91221-101300 | 5.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 10 | 101301-111380 | 5.50 VPX | 90% MN / 10% POS | 14 days |
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| Phase 11 | 111381-121460 | 6.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 12 | 121461-131540 | 6.50 VPX | 90% MN / 10% POS | 14 days |
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| Phase 13 | 131541-141620 | 7.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 14 | 141621-151700 | 7.50 VPX | 90% MN / 10% POS | 14 days |
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| Phase 15 | 151701-161780 | 8.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 16 | 161781-171860 | 8.50 VPX | 90% MN / 10% POS | 14 days |
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| Phase 17 | 171861-181940 | 9.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 18 | 181941-192020 | 9.50 VPX | 90% MN / 10% POS | 14 days |
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| Phase 19 | 192021-202100 | 10.00 VPX | 90% MN / 10% POS | 14 days |
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| Phase 20 | 202101-461300 | 5.00 VPX | 90% MN / 10% POS | 360 days |
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| Phase 21 | 461301-720500 | 4.75 VPX | 90% MN / 10% POS | 360 days |
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| Phase 22 | 720501-979700 | 4.50 VPX | 90% MN / 10% POS | 360 days |
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| Phase 23 | 979701-1238900 | 4.25 VPX | 90% MN / 10% POS | 360 days |
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| Phase 24 | 1238901∞ | 4.00 VPX | 90% MN / 10% POS | In Perpetuity |

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