Whitepaper
You are reading the latest version of Canxium Whitepaper
- Updated on Nov 27, 2024.
- Version: v2.5.1
Kaspa Merge Mining Rewards Proposal
In progress ...
Litecoin Merge Mining Rewards Proposal
Parameters:
- Initial Block Reward: 1.4 CAU
- Block Time: 150 seconds per block (2.5 minutes)
- Halving Interval: Every 420,000 blocks (2 years)
- Merge Mining Time Period: 8 years (Merge Mining in 8 years)
- Total Seconds: 252,460,800 seconds
- Total Blocks Mined: 252,460,800 / 150 = 1,683,072 blocks
- Total Halving Events: 1,683,072 / 420,000 ≈ 4
Calculation Table:
| Year | Halving Event | Blocks Mined | Block Reward | Total CAU Mined |
|---|---|---|---|---|
| 1-2 | 1 | 420,000 | 1.4 | 588,000 |
| 3-4 | 2 | 420,000 | 0.7 | 294,000 |
| 5-6 | 3 | 420,000 | 0.35 | 147,000 |
| 7-8 | 4 | 423,072 | 0.175 | 73,785.6 |
| Total | 1,683,072 | ~1,102,785.6 CAU |
Total CAU Mined: Approximately 1,102,785.6 CAU
The reward will be distributed according to the following formula:
Y + 0.15 * Y + 0.25 * Y = Block Reward- Y: Miner Rewards
- 0.15 * Y: Validator Rewards
- 0.25 * Y: Canxium Labs
For example:
- Block reward = 1.4 CAU => Y = 1 CAU
WARNING
However, the reward also depends on the difficulty of the Litecoin block submitted. The formula above applies to a block with a difficulty of 50 MH (the current difficulty of the latest block 2798839). If the submitted block has a difficulty of only 25 MH, the reward will be 0.5 CAU instead of 1 CAU.