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Action Coin

This is the OLD Action Coin repository. It is OUT OF DATE, PLEASE DO NOT USE! This software is based on Komodo Platform Technology. If you wish to run a node on our network, build the latest version of Komodo Core:

https://github.com/KomodoPlatform/komodo

And launch with the following connection parameters in order to sync with the Action Coin Network:

./komodod -ac_name=ACTN -ac_supply=1799000000 -ac_reward=10000000000 -ac_halving=1051200 -ac_decay=50000000 -ac_end=5256000 -ac_staked=100 -ac_cc=69 -ac_snapshot=1440 -addnode=35.225.176.50

Action Ocean Desktop Wallet

You may also build our branded desktop wallet from this repo:

Action Ocean (action-qt)

About this Project

Action Coin (“Action” or “ACTN”) is earned by joining our website, and participating in community activities (such as mining and staking).

Resources

List of Platform Technologies

  • Delayed Proof of Work (dPoW) - Additional security layer and Komodos own consensus algorithm.
  • zk-SNARKs - Komodo Platform's privacy technology for shielded transactions.
  • Tokens/Assets Technology - create "colored coins" on the Action Coin Blockchain and use them as a layer for rewards.

Technical Specification

  • Max Supply: 2 billion ACTN
  • Block Time: 60 seconds
  • 100% POS
  • Equihash

Block rewards over the next 10 years: 200,000,000 ACTN

- Year 1: 52,560,000 ACTN ~ Block Reward: 100 ACTN (525,600 blocks)
- Year 2: 52,560,000 ACTN ~ Block Reward: 100 ACTN (525,600 blocks)
- Year 3: 26,280,000 ACTN ~ Block Reward: 50 ACTN (525,600 blocks)
- Year 4: 26,280,000 ACTN ~ Block Reward: 50 ACTN (525,600 blocks)
- Year 5: 13,140,000 ACTN ~ Block Reward: 25 ACTN (525,600 blocks)
- Year 6: 13,140,000 ACTN ~ Block Reward: 25 ACTN (525,600 blocks)
- Year 7: 6,570,000 ACTN ~ Block Reward: 12.5 ACTN (525,600 blocks)
- Year 8: 6,570,000 ACTN ~ Block Reward: 12.5 ACTN (525,600 blocks)
- Year 9: 1,450,000 ACTN ~ Block Reward: 6.25 ACTN (525,600 blocks)
- Year 10: 1,450,000 ACTN ~ Block Reward: 6.25 ACTN (525,600 blocks)

Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

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