$Lats coin (PivX fork) is a layer 1 cryptocurrency. The meaning of "Lats" = it is the name of the national currency that Latvia gave away after joining the economic alliance of the EU (good or bad > not for us to decide).
- Name: Lats
- Ticker: LATS
- Proof of Stake (PoS) Algorithm: QUARK
- Total Supply: Unlimited
- Premine: 0
- Block Time: 60 Seconds
- Maturity: 20 Confirmations
- MN Collateral: 1000
- Block Time: 60 Seconds
- Maturity: 100 Confirmations
- Addresses start with the capital letter "L"
- Port: 45454
- Sun, 30 Oct, 2022 07:26:40 PDT
- Block Height: 0
- Link: https://www.coinexplorer.net/LATS/block/0000043c6a01c787536012ecc33959ceadc7a270c6e3de8951b8ade35dc56534
- Block #1: Nov 21, 2022
- PoW Phase: 1-1000 / Mining reward: 100 $Lats
- PoW Phase Algorithm: X11KVS
- Block 1: https://explorer.lats.cc/block/0000022d024c3732a9bbfcb862c9e64a85ddc11a046bc6b6efe01e1eb073fd0e
- Block 1000: https://explorer.lats.cc/block/0000005d5b2950ba2ed8a37cddc056c2977f88d522851c77bc24335552d8df68
- v1 1001 - 1050 (MN reward = 0)
- v2 1051 - 2000 (MN reward = 0) // ref: https://github.com/LATS-DAO/Lats-Core/blob/main/src/chainparams.cpp
- v3 from 2001 where PoW rewards are split between MN and Stakers: https://github.com/LATS-DAO/Lats-Core/blob/main/src/validation.cpp
=========
- Premine = 0 (in Genesis) // blocks 1 - 2000 mined privately (after 2 failed “fair & and open” launch attempts) = 200’000 $Lats Note: we plan to burn 200’000 $Lats
- 1st 1000 blocks are PoW, the reward was 100 $Lats/block
- 1001 - 2000 > PoS (staking + masternodes) the reward was 100 $Lats/block
- At block #2001 Start of normal PoS
- Maximum Supply: Unlimited
- Total Supply: 1’552’412 LATS
- Circulation Supply: 1’035’390.95 LATS
- Masternode cost: 1000
=========
Ref: https://github.com/LATS-DAO/Lats-Core/blob/main/src/validation.cpp- Block 1 to 1000 = 100 $Lats per block (end of the PoW stage)
- 1001 - 2000 = 100 (High reward PoS stage)
- 2001 - 192'000 = 9
- 192'001 - 300'152 = 4.5
- 300'153 - 800'153 = 2.5
- 800'154 - 1'600'154 = 1.5
- 1'600'155 - unlimited = 1
=========
Ref: https://github.com/LATS-DAO/Lats-Core/blob/main/src/validation.cpp- Block 1 to 1000 (PoW stage 1) = 100 to Miner
- 1001 - 2'000 (PoS) = 100 to Staker
- 2001 - 192'000 = 6 $Lats coins to MN & 3 $Lats coins to Staker
- 192'001 - 300'152 = 40% MN & 60% Staker = 1.8 coins for MN vs 2.7 for Stake
- 300'153 - 800'153 = 45% MN & 55% Staker = 1.125 vs 1.375
- 800'154 - 1'600'154 = 50% MN & 50% Staker = 0.75 vs 0.75
- 1'600'155 - 3'000'155 = 55% MN & 45% Staker = 0.55 vs 0.45
- 3'000'156 - 9'900'157 = 60% MN & 40% Staker = 0.6 vs 0.4
- 9'900'158 - 16'400'158 = 65% MN & 35% Staker = 0.65 vs 0.35
- 16'400'159 - unlimited = 70% MN & 30% Staker = 0.7 vs 0.3
The Budget (also known as DAO payments) will be 10% of the block reward, which users can claim for their budgets every 43'200 blocks. Note: Budget coins are NOT included in a block reward - they come from a Superblock (generated based on approved proposals every 43'200 blocks) with a maximum of 10% of the block rewards.
=========
- addnode=94.130.95.107
- addnode=94.130.95.108
- addnode=94.130.95.110
- addnode=188.40.233.34
- addnode=188.40.233.35
- addnode=188.40.233.38
- addnode=188.40.233.39
- addnode=188.40.233.40
- addnode=188.40.233.41
- addnode=188.40.233.43
- addnode=188.40.233.44
- addnode=188.40.233.45
- Website: https://www.lats.cc
- GitHub: https://github.com/LATS-DAO/Lats-Core
- Wallets: https://github.com/LATS-DAO/Lats-Core/releases
- Bitcointalk announcement: https://bitcointalk.org/index.php?topic=5420885
- Logo: https://i.imgur.com/kvHCt7S.png
- Genesis block: https://www.coinexplorer.net/LATS/block/0000043c6a01c787536012ecc33959ceadc7a270c6e3de8951b8ade35dc56534
- Block 1: https://explorer.lats.cc/block/0000022d024c3732a9bbfcb862c9e64a85ddc11a046bc6b6efe01e1eb073fd0e
=========
- Official Explorer: https://explorer.lats.cc
- CoinExplorer Explorer: https://www.coinexplorer.net/LATS/
=========
=========
- Official Forum: https://forums.lats.cc
- Discord: https://discord.gg/xVvajam5u2
- Telegram: https://t.me/latscoin
- GitHub discussions: https://github.com/LATS-DAO/Lats-Core/discussions
=========
Xeggex (referral link for joining: https://ej.uz/xeggex):
- LATS / BTC: https://xeggex.com/market/LATS_BTC
- LATS / LTC: https://xeggex.com/market/LATS_LTC
- LATS / LTC: https://freixlite.com/market/LATS/LTC
(referral link for joining: https://ej.uz/stakecube)
- LATS / BTC: https://stakecube.net/app/exchange/lats_btc
- LATS / SCC: https://stakecube.net/app/exchange/lats_scc
=========
- CoinGecko: .. coming soon
- CoinPaprika: https://coinpaprika.com/coin/lats-lats/
- NodeStats: https://nodestats.info/default.php?coin=lats
- LiveCoinWatch: https://www.livecoinwatch.com/price/LATS-LATS
- CoinCodex: https://coincodex.com/crypto/lats-token/
=========
- Linkedin: https://www.linkedin.com/in/helmutsmeskonis/
- Github: https://github.com/helmuc
- Twitter: https://twitter.com/helmutsmeskonis
- Telegram: https://t.me/helmutsm
- Github: https://github.com/Liquid369
- Twitter: https://twitter.com/liquid369
- Github: https://github.com/SpectreSecurity
- Linkedin: https://www.linkedin.com/in/christian-marvel-8a910154/
- Linkedin: https://www.linkedin.com/in/felikss-veilands/
- Twitter: https://twitter.com/FelikssVeilands
=========
- Node Stats: https://nodestats.info/default.php?coin=lats
- Pecunia Platform: https://pecuniaplatform.io/coin-stats/lats
=========
- Original Lats (Wikipedia): https://en.wikipedia.org/wiki/Latvian_lats
- Latvia (country): https://en.wikipedia.org/wiki/Latvia
=========
.. more information will be added with time..
Please suggest the changes to this page at: https://forums.lats.cc