Golden
DAPS Coin

DAPS Coin

DAPS Coin is a privacy cryptocurrency token built on top of Ethereum.

DAPS (Decentralized anonymous Payment System) Coin is a privacy cryptocurrency token built on top of Ethereum as an ERC-20 token on February 28, 2018. DAPS Coin is creating a fully anonymous blockchain with a trustless governance structure. 



DAPS Coin achieves chain verification and consensus using the DAPS protocol which a combination of Proof-of-Audit miners, masternodes, and Proof-of-Stake nodes. The only tracking DAPS Coin completes is the total supply and block height through its Proof-of-Audit block. 



DAPS Coin technical information

The following table contains technical information regarding the DAPS Coin blockchain: 

DAPS Coin specs
Value

Approximate emissions

~551 million DAPS per year until 10 billion DAPS emitted

Block reward

1050 DAPS

Block reward split

900 masternodes/PoS (See-Saw), 100 Proof-of-Audit

Block time

1 minute

Confirms required to spend

4 blocks

Consensus mechanisms

Proof-of-Audit, Proof-of-Stake v3, masternodes (See-Saw rewards)

Development allocation per block

50 DAPS

Distribution

Airdrop

ERC-20 token

Yes

Initial supply

60,000,000,000

Masternode collateral

1,000,000 DAPS

See-Saw rebalance

60/40 MN/PoS reward split, up to a maximum 40/60 MN/PoS

Stake maturation

200 blocks

Supply cap

60,000,000,000[initial] + 10,000,000,000[block reward]



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