i470 / axiom

Castle Core integration/staging repository

Castle is an open source crypto-currency focused on fast private transactions with low transaction fees & environmental footprint. The goal of Castle is to achieve a decentralized sustainable crypto currency with near instant full-time private transactions, fair governance and community intelligence.

Castle is based on PIVX code.

• Anonymized transactions using the Zerocoin Protocol.
• Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.

More information at https://projectcastle.tech/

Coin Specs

Algo	Quark
Block Time	120 Seconds
Difficulty Retargeting	Every Block
Premine	8,500,000 CSTL*
Masternode Collateral	40,000 CSTL
Masternode Cap	130
Yearly Masternode Increase	25
Masternode Grace Period	18 hours

Reward Distribution

Genesis Block
Block Height	Reward Amount
1	8,500,000 CSTL

PoW Rewards Breakdown

Year	Block Height	Masternodes	Miner
1	2-262980	35% (3.50 CSTL)	10 CSTL
2	262981-525960	35% (3.15 CSTL)	9 CSTL
3	525961-788940	35% (2.8 CSTL)	8 CSTL
4	788941-1051920	35% (2.45 CSTL)	7 CSTL
5	1051921-1314900	35% (2.10 CSTL)	6 CSTL
6	1314900-1577880	35% (1.75 CSTL)	5 CSTL
7	1577880-1840860	35% (1.40 CSTL)	4 CSTL
8	1840860-2103840	35% (1.05 CSTL)	3 CSTL
9	2103840-2130120	35% (0.70 CSTL)	2 CSTL
10	2130120-2393100	35% (0.35 CSTL)	1 CSTL
10	2393100-2656080	35% (0.00 CSTL)	0 CSTL

PoS Rewards Breakdown

Block Height	Reward	Minimum Staking Time	Masternodes	Stakers
2-	8% APR	6 hours	35% of stake (added)	8% APR

Note about Masternode

The masternode payments are minted additional to the POW and POS rewards rather than deducted from them. This is done to make it simpler and more fair for miners and stakers to calculate their return, and to reduce the surprise factor.

What about inflation?
Castle is a long term project. Therefore, controlling inflation is a major focus. Creating a sustainable project with low inflation and high utility purpose value is critical to the success of the community and coin holders.

What is a Masternode Cap?
We are implementing a masternode cap. A masternode cap helps reward YOU, the loyal Castle holder. Only so many masternodes will be permitted on the network at a given time. More masternodes online means less rewards per masternode holders. There are many projects that do not take this into consideration, and, in fact, sometimes, masternode holders even receive a smaller reward than just staking. In the end, masternode holders are those of you who believe in the project. And we therefore want to thank you for securing our network for the entire community. The cap will increase by 25 Masternodes every year to allow more people into our ecosystem at a controlled and safe rate.

What is a Masternode Grace Period?
As a team, we decided that it would be fair to give you some time to bring your Masternode back online if there is any problem such as network disconnections. That grace period is set to 18 hours, after which, the next person in the queue will replace your position. We take masternodes seriously as masternodes are the backbone that secure the network. It is important to make sure it is up and running properly.

What does Additional Block Rewards Mean?
At castle, we believe that everyone should get what is rightfully theirs. Masternode rewards for blocks found are additive, not subtractive, so miners of POW or stakers of POS will get every last coin from staking and mining. Masternodes receive additionally generate coin for their reward.

Have a crypto project, new or existing, and wish to discuss partnering? Reach out to an admin here or, even better, come over to our Discord https://discord.gg/CeUBJGB and reach out to a Core member. Please give details about your project and what your goals are in the message.