Overview

FREEDOM is everything, BanKitz aims to share what you wish with EVERYONE. BanKitz is community cryptocurrency project, which is a medium of exchange like normal currencies, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. LYRA2Z cryptography algorithm is used to secure BanKitz transactions and to control the creation of new coins.

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Specification

Coin Name:BanKitz
Coin Ticker:BKZ
Coin Type:POW/Masternode + POS/Masternode
POW Mining Algorithm:LYRA2Z
Block Time: 180 sec.
Block Reward: 100 BKZ and Reducing by 10 BKZ every month.
Reward Sharing: POW and Masternode share reward by difficulty.
  • if difficulty is below 1 then miner get 40%, masternode 60%
  • if difficulty is 1 then miner get 45%, masternode 55%
  • if difficulty is 2 then miner get 50%, masternode 50%
  • if difficulty is 3 then miner get 55%, masternode 45%
  • if difficulty is over 4 then miner get 60%, masternode 40%
Masternode collateral:
  • FULL Node 20,000 BKZ get 100% of masternode reward
  • HALF Node 10,000 BKZ get 60% of masternode reward
Port: P2P: 14561 RPC: 31662
Premined:6.8 Millions
  • Block 1: 520,000 BKZ for development funds and exchange listing fee.
  • Block 2: 6,300,000 BKZ for BANKITT swapping.
Last POW Block:130,000
POS will start at block 130,001. (Feb,2019)

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BanKitt Swap

BanKitz(BKZ) is forked from BanKitt(BKT), but it 's on a new blockchain with LYRA2Z hashing algorithm. However, BKZ and BKT can use the same wallet address together. If you have BKT coin and you want to swap to BKZ, you just register your BKT addresses. Then, the swap system will automatic deposit BKZ to those addresses. We will discontinue support BKT at blocks 276000. The BKT transactions after block 276000 will be abandon from swapping. And,the swap process will start at BanKitz BKZ blocks 10,000.
Register BKT Address for Swapping

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