# Action Blockchain

The Action Blockchain is a dedicated POS blockchain powered by [Komodo Platform](https://komodoplatform.com) technology. It was launched on March 31st, 2020, effectively replacing the original blockchain, which was based on NXT technology.

### 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 10 years: 200,000,000 ACTN (2020-2030)

```
- 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)
```


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