Vkax (VKAX)

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Primary Markets (2 Active) - Total Market Volume: ~$30
Liquidity Pools (2 Active) - Total Pool Liquidity: ~$340
About
VKAX is a decentralized cryptocurrency focused on fairness, decentralization, and sustainability. Its ASIC-resistant mining algorithm, "Mike," a variant of Ghostrider, ensures that anyone with a CPU or GPU can mine, keeping the network decentralized and preventing mining centralization.

Operating on a peer-to-peer network without a central authority, VKAX enables secure, private transactions and instant payments. As a full fork of Dash, it incorporates masternodes to enhance transaction speed, privacy, and network security. Masternodes also play a crucial role in governance, guiding the project's future.

VKAX's emission schedule starts with 10,000 VKAX per block, divided between miners (6,750 VKAX) and masternodes (2,250 VKAX). Over time, rewards decrease to control inflation and maintain value. By block height 1,950,005, miner rewards will drop to 222.22 VKAX, and masternode rewards will be around 277.78 VKAX. The 150-second block time ensures consistent reward distribution.

VKAX is community-driven, with masternode operators and network participants proposing and voting on changes. This decentralized governance structure ensures decisions are made by the community, not a centralized entity.

VKAX is built to be sustainable and accessible, with long-term viability ensured by its emission schedule and decentralized governance. It's designed to stand the test of time, driven by a community that values fairness and stability.

In a nod to the moment the chain began, the genesis block carries the timestamp: "June 14, 2022, Elon Musk Is Set to Address Twitter Employees for the First Time."
Reserves Verification (Beta - we are still building automated signatures)
Stable Connection Sat, 18 Jan 2025 05:11:03 GMT
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