RUPEE (RUP) is a sustainable cryptocurrency modeled after Satoshi Nakamoto’s vision for Bitcoin. It is a decentralized, peer-to-peer transactional currency designed to offer a solution to the problems faced by rupee miners in third world countries. RUPEE is envisioned to replace fiat currency as the primary currency in global rupee trade. In addition, RUPEE has a blockchain backend traceability system to authenticate the source of rupee, monitor prices and track delivery. Access to the backend system is via an advanced B2B and B2C dApps.
- Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftTX.
- Decentralized blockchain voting providing for consensus based advancement of the current Masternode technology used to secure the network and provide the above features, each Masternode is secured with a collateral of 3,000 RUP.
| Block Time | 60 Seconds | | Max Coin Supply (PoW Phase) | 2,000,000 RUP | | Max Coin Supply (PoS Phase) | 20,000,000 RUP | | Premine | 2,000,000 RUP |
| Block Height | Masternodes | PoS | Budget |
|---|---|---|---|
| 201-5000 | 80% (0.85 RUP) | 10% (0.1 RUP) | 10% (0.05 RUP) |
| 5001-25000 | 80% (24 RUP) | 10% (3 RUP) | 10% (3 RUP) |
| 25001-100000 | 80% (16 RUP) | 10% (2 RUP) | 10% (2 RUP) |
| 100001-1050000 | 80% (8 RUP) | 10% (1 RUP) | 10% (1 RUP) |
| 1050001-2100000 | 80% (4 RUP) | 10% (0.5 RUP) | 10% (0.5 RUP) |
| 2100001-3150000 | 80% (2 RUP) | 10% (0.25 RUP) | 10% (0.25 RUP) |
| 3150001-Infinite | 80% (1 RUP) | 10% (0.13 RUP) | 10% (0.13 RUP) |