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#QTC After the QTC hard fork: CPOC+POS transformation to DPOS
The total circulation remains at 1.05 billion
2. The token name remains (qitcoin QTC 奇特币)
The block reward halving cycle and the number of block heights remain unchanged (halving every additional 700,000 block heights)
4. The lock-up period is only 540 days (by default)
Cancel linear release, change to one-time release, with a daily network block reward of 18000 QTC
6. DPOS is a node model, the more public node IPs, the higher the security, and the smoother the block operation.
7. New destruction mechanism: The main chain black hole address is 334L4RPCoYrrzLZ57xMEz64xgtVEyHNMAX, ScriptID from 0x0f, no private key, all QTC destroyed by nodes will automatically transfer to the black hole address
8. The node initiator needs to pay 10001QTC, of which 10000 will be destroyed, and 1 will be used as GAS fee; the node fee will be halved synchronously with the halving of block rewards. After the next halving, the applicant for the node only needs to pay 5000QTC...
The block reward ratio between the node initiator and the authorizer is 4:6
10. New technology: adopting the world's safest underlying technology: Bitcoin technology, and optimizing and accelerating block operation; at the same time, offline block technology is added (in extreme cases, global Internet interruption, QTC can initiate offline block transfer independently to maintain the normal operation of the main network)