Plekra is a public blockchain. New coins are not mined and not allocated by holdings: every 10 minutes they go to one participant by random draw, and half of all fees are shared equally among those who did not win. The ledger is secured by stake, and every signature is post-quantum.
Plekra separates who receives new coins from who protects the ledger: issuance is decided by random draw, security by slashable stake.
Obtain a pass with the physical security chip in your computer (TPM 2.0) or with 256 GiB of disk space, and you take part in draws and dividends. No coins and no continuous computation are required.
A draw takes place every 10 minutes, alternating between the chip track and the disk track. The draw number is derived from chain state fixed in advance by a sequential hash computation, so no one who can influence the input has time to compute the result.
50% of all fees go into the dividend pool, split evenly between the two tracks and shared equally among passes that did not win. Dividends are credited automatically, regardless of uptime, with no claim needed.
Validators stake PLK to join the committee, and double-signing is slashed, so the cost of an attack is measurable. The network starts with a committee of devices and moves step by step to a stake-based committee.
An account is defined by authorization rules rather than a single private key. Everyday transfers are made by a device within a spending limit; if every device is lost, the account can be recovered with a passphrase verified by guardian nodes.
Batch-auction spot markets, fully covered options and perpetual futures opened by market depth settle atomically with the asset ledger in the same batch, without any external price feed.
Key protocol parameters. See the whitepaper and the technical specification for the full parameter set and security analysis.
| Token | PLK, smallest unit 10−8 |
|---|---|
| Supply cap | 1,000,000,000 PLK |
| Premine and reserves | None. Supply is zero at genesis and every PLK comes from a draw |
| Draw interval | 600 seconds, alternating between the two tracks |
| Issuance | Tiered: 2,000 PLK per draw in tier 1, reduced by 10% per tier; each tier lasts about 347 days |
| Draw rewards | 50% paid at once, 50% released daily over 30 days; winners are excluded from dividends during a cooldown of up to 90 days |
| Credentials | Chip track: physical TPM 2.0 chip. Disk track: 256 GiB proof of space |
| Consensus | Stake-weighted BFT committee (top 128), DAG ordering, target confirmation 0.5–1 s |
| Signatures | ML-DSA-44 (FIPS 204), SLH-DSA (FIPS 205) |
| Key encapsulation | ML-KEM-768 (FIPS 203) |
| Hash function | SHA3-256 |
| Fee distribution | Dividend pool 50%, committee 20%, protocol reserve 20%, guardian nodes 5%, public treasury 5% |
Phases are defined by completion criteria, not dates.
Protocol design and parameters
DonePost-quantum accounts, disk track, draws and dividends
In progressMulti-node long-running tests and fault drills
PlannedOpen-source code, open to outside nodes
PlannedLaunch after a security audit
PlannedFull design, all protocol parameters and security analysis.
To be published with the source codeNode, wallet and plotting software.
To be released with the public testnetMainnet has not launched and PLK does not exist yet. Anyone offering PLK for sale is not connected with this project.
Plekra