Titanium is a unique and decentralized Layer1 public blockchain that provides fast, cheap and secure transactions. With its combination of best of both worlds, the architecture is using DASH as the base layer and RVN's KawPoW algo for finality. With great features such as Mining, Masternodes, PrivateSend, InstandSend, KawPoW, QT wallets and more, users can participate in the Titanium ecosystem in various ways. With its aim to fulfill the vision of being the first fully quantum proof blockchain.
Titanium is running on the Mainnet and is a combination of DASH and RVN with features like PrivateSend, InstantSend and Masternodes. With the newly implemented KawPoW algorithm, Titanium will become the place of the Community Miners as it favours CPU and GPU miners over the massive flood of ASICs.
KawPoW is a tweaked version of ProgPoW by the Ethereum devs and originally originated from X11, X16 and X17 respectively. The aim of KawPoW was to bring most modern CPUs/GPUs on the same playing field as ASICs miners. This will essentially allow anyone with a decent CPU/GPU to successfully run Titanium mining software. ProgPoW, and KawPoW are designed to programmatically reconfigure itself at a regular basis in such a way as to make the development of an ASIC impractical or economically unmotivating to use. A moving, dynamic target is harder to hit than a static target of similar size. Developers of ProgPoW and by extension developers of KawPoW designed these algorithms to make full use of the programmability and capabilities of all the hardware on a modern CPU/GPU. Maximizing the use of a GPU minimizes the gains to be won by developing an ASIC considerably, adding to the network’s ASIC “resistance”. This doesn’t mean ASICs are impossible to produce for ProgPow and KawPoW, but they are much less cost-effective for the performance they offer over a CPU/GPU.
Titanium is a unique and decentralized Layer1 public blockchain that provides fast, cheap and secure transactions. With its combination of best of both worlds, the architecture is using DASH as the base layer and RVN's KawPoW algo for finality.
Titanium has a unique structure of the base layer of DASH and the mining algo from RVN. In order to achieve finality mined blocks need to be approved by the Masternodes. ChainLocks prevent a 51% attack and KawPoW help avoid ASIC miners. Transaction can be signed with InstandSend or PrivateSend and costs are almost zero.
No, The Titanium blockchain (TTM) is running on its own native mainnet.
TTM is tradable on SouthXchange on the TTM/BTC pair.
Titanium QT Wallets can be downloaded on Github for Win(Windows), iOS and Linux, on the following Link.
The Total Max Supply of Titanium (TTM) is 75,520,000. The number is a homage to its previous project owners.
The Block Reward is currently 8 TTM. 45% will go to the Masternodes and 45% to the Miners and 10% to the foundation. The block reward will decrease yearly by 7.14%.
Titanium can be mined via all common KawPow CPU/GPU miners. The list of mining tools for nVidia and AMD are available here
30,000 TTM are required for a Masternode.
Masternodes help secure and speed up the network. Validators are being paid 45% of the block reward. This provides more stability and security for the network.
A detailed tutorial on how to set up a Masternode is available here
The ultimate goal is to become the first Quantum Proof blockchain. Smaller milestones are Masternodes, Wallet expansion, Exchanges and Liquidity, Community Growth and Proof-Of-Stake.
Layer-1 blockchain refers to the underlying blockchain protocol that provides the foundation for the network. It is a distributed ledger technology (DLT) that has been designed to record transactions securely on a public, immutable and trustless ledger.
InstantSend is a DASH feature which allows instant transactions within seconds. Transaction fees for this type are higher.
PrivateSend is a DASH feature which allows users to make private transactions. It will be anonymous so that sender and recipient are unknown.
The genesis block was mined on 12th Dec 2021 19:49:09 UTC+1
A full overview can be found here: https://miningpoolstats.stream/titanium
The fees are based in the congestion of the BNP (BEP20) network, where as the fees in ERC20 are crazy high, transactions on the BSC are very cheap and fast.
The Governance function is a function first introduced by DASH. 10% of the whole Block Reward will be credited to the Governance fund. Users can then submit proposals and vote on them, how the Titanium funds shall be used. The function is implemented and will be introduced in a later stage of the Roadmap.
Standard transaction: 0.00001 TTM
InstantSend transaction: 0.0001 TTM
PrivateSend transaction: 0.001 TTM