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Alqo (ALQO), wallets, pools and exchangers

ALQO (XLQ) is a universal 3rd generation cryptocurrency that combines the best features of different coins in order to create an excellent new digital payment asset.

Milli-Second-Transactions with HyperSend. Network stability with masternodes, each is secured with a collateral of 10.000 ALQO. 100% Governance.

For further information visit us at alqo.org or visit our ANN thread at BitcoinTalk

Coin Specs

• Coin Name: ALQO
• Ticker: XLQ
• PoW Algorithm: Quark
• Premine: (#1 Block) 100,001 ALQO (0,17% of PoW)*
• PoW Blocks: 2 - 475200
• PoS Blocks: Starting from 475201
• Block Time: 60 Seconds
• PoW Max Coin Output/Supply: 57,879,300
• PoW Ending: ~ ca. 330 Days (Estimated: October 2018)
• Masternode Requirements: 10,000 XLQ
• Maturity: 111 Confirmations
• Prefix: ALQO adresses start with the capital letter "A"

*the premine is going to be burned at the 1st November 2018

PoW Reward Distribution

Block HeightReward AmountMasternodesMinersDevFee
Block 2 - 86400200 XLQ Masternodes 40 XLQMiners 160 XLQ0 XLQ
Block 86401 - 151200150 XLQ Masternodes 37,5 XLQMiners 112,5 XLQ0 XLQ
Block 151201 - 225000125 XLQ Masternodes 37,5 XLQMiners 87,5 XLQ0 XLQ
Block 225001 - 302400125 XLQ Masternodes 75 XLQMiners 43,75 XLQ6,25 XLQ
Block 302401 - 345600100 XLQ Masternodes 60 XLQMiners 35 XLQ5 XLQ
Block 345601 - 38880075 XLQ Masternodes 45 XLQMiners 26,25 XLQ3,75 XLQ
Block 388801 - 47520050 XLQ Masternodes 30 XLQMiners 17,5 XLQ2,5 XLQ

Masternode and staker rewards with PoS: Masternodes and stakers will receive split reward allocation when PoS sets in. This means the more masternodes are in the system, the more staking gets attractive and vice versa.

PoS Block Rewards

Proof of Stake will automatically be enabled at block 475201.

Block HeightReward Amount
Block 475201 - 51840050 XLQ
Block 518401 - 56160025 XLQ
Block 561601 - 60480010 XLQ
Block 604801 - infinite5 XLQ

Further information

For more information check out our whitepaper at alqo.org/whitepaper.pdf

Alternatively we have added a non .pdf Version into our Github. You can find it in the ALQO Github Wiki.

https://github.com/ALQOCRYPTO/ALQO/wiki

https://github.com/alqocrypto/alqo

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