Platinum (PLAT) is an open-source cryptocurrency built on a hybrid Proof of Stake (PoS) and Masternode consensus model. Inspired by the Bitcoin, Dash and PIVX codebases, Platinum was designed to provide a secure, decentralized and energy-efficient blockchain suitable for everyday digital payments.
Unlike traditional Proof of Work cryptocurrencies, Platinum utilizes an energy-efficient staking protocol that significantly reduces power consumption while maintaining network security through decentralized consensus and masternode infrastructure.
The image below shows the Platinum Core desktop wallet.
- Hybrid Proof of Stake consensus
- Masternode network
- SwiftTX instant transactions
- Desktop Wallet (Qt)
- Wallet encryption
- Peer-to-peer blockchain network
- JSON-RPC support
- Blockchain synchronization
- Coin Control
- Staking support
- Transaction history
- Address book
- Wallet backup and recovery
| Parameter | Value |
|---|---|
| Coin Name | Dash Platinum |
| Ticker | DASHP |
| Algorithm | X11 |
| Consensus | Proof of Stake + Masternodes |
| Block Time | 180 Seconds |
| Maturity | 180 Minutes |
| Masternode Collateral | 3,000 DASHP |
| Masternode Reward | 80% |
| PoS Reward | 20% |
| Premine | 2% (394,000 DASHP) |
| Maximum Supply | 19,700,000 DASHP |
| Estimated Emission Period | Over 100 Years |
| Genesis Date | February 3, 2019 |
| Block Height | Reward |
|---|---|
| 4 – 14,399 | 1.10 DASHP |
| 14,400 – 28,799 | 1.70 DASHP |
| 28,800 – 43,199 | 2.60 DASHP |
| 43,200 – 57,599 | 2.90 DASHP |
| 57,600 – 172,799 | 5.10 DASHP |
| 172,800 – 345,599 | 4.59 DASHP |
| 345,600 – 518,399 | 4.05 DASHP |
| 518,400 – 604,799 | 3.64 DASHP |
| 604,800+ | 3.28 DASHP |
The Platinum blockchain uses a hybrid consensus model based on:
- Proof of Stake (PoS)
- Masternodes
- SwiftTX instant transaction system
Each Masternode requires 3,000 DASHP as collateral and receives 80% of the block reward, while staking wallets receive the remaining 20%.
The project is based on the Bitcoin, Dash and PIVX codebases and uses the standard cryptocurrency development stack.
Typical dependencies include:
- C++
- Qt Framework
- Berkeley DB
- Boost
- OpenSSL
- MiniUPnPc
- LevelDB
- Protobuf
- Decentralized blockchain
- Peer-to-peer networking
- Wallet encryption
- Masternode support
- SwiftTX
- JSON-RPC interface
- Blockchain synchronization
- Staking
- Coin Control
src/ Blockchain source code
doc/ Documentation
depends/ Build dependencies
share/ Shared resources
contrib/ Development utilities
git clone https://github.com/FelicioX/platinum-blockchain.git
cd platinum-blockchain
mkdir build
cd build
cmake ..
make -j$(nproc)- Blockchain launch date: February 3, 2019
- Maximum supply: 19,700,000 DASHP
- Initial premine: 2%
- Estimated emission period: More than 100 years
- Approximately 2,808,504 DASHP emitted during the first four years.
Project contact:
Distributed under the MIT License.