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:
~551 million DAPS per year until 10 billion DAPS emitted
Block reward split
900 masternodes/PoS (See-Saw), 100 Proof-of-Audit
Confirms required to spend
Proof-of-Audit, Proof-of-Stake v3, masternodes (See-Saw rewards)
Development allocation per block
60/40 MN/PoS reward split, up to a maximum 40/60 MN/PoS
60,000,000,000[initial] + 10,000,000,000[block reward]
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