Nuclear starting with Proof of Work (PoW) consensus, created through the Ethash algorithm (Dagger Hashimoto) which in the future will be converted into a Proof of Stake (PoS) with a backbone system. with Proof of Work (PoW) will make it easier to spread nuclear into public hands and give everyone the ease to mine nuclear with ASIC mining. Premine is 3 Million will using for exchange listing and marketing.
Name: Nuclear Platform
Block time: 1 minute
Premine: 3 Million
Consensus mechanism: Proof of Stake
Stake requirements: 1 NCL
Masternode requirements: 10,000 NCL
Treasury cycle: Every 1 Month
986,688 Nuclear is released per month. The allocations can be observed easily as “10/10/40/40.”
10% to the Stakers (PoS).
10% to the Backbone.
40% to the Masternodes.
40% to the Treasury.
Thus, for every block, allocations are: 2.28 to the Stakers, 2.28 to the Backbone, 9.14 to the Treasury, and 9.14 to Masternodes.
Since Treasury allocations are paid in one months cycles, they are made in lump sums of 368,524.8 Nuclear every 1 month.