Smartiecoin (SMT) | v0.5.0 "Korsh L3" Fork + Masternodes

The Korsh L3 upgrade

What is “Korsh L3”?

Yespower hashes over a working set of 128 × N × r bytes. The old parameters (N=2048, r=32) produced a ~8 MB dataset — far larger than any CPU core’s private L2 cache, so every hash had to be served from the slower, shared L3 cache or main memory. The new parameters (N=256, r=8) shrink it to ~256 KB, small enough to live right next to the core in L2. Same algorithm, dramatically better cache behavior — that is the whole trick.

BeforeN=2048 · r=32

8 MB

Working set — hashed out of L3/RAM

Apple Silicon, per core~0.32 kH/s
AMD EPYC, per core~0.16 kH/s
Cache misses per nonceConstant

Korsh L3N=256 · r=8

256 KB

Working set — resident in L2 cache

Apple Silicon, per core~8.0 kH/s 25.3×
AMD EPYC, per core~4.9 kH/s 31.3×
Cache misses per nonceNear zero

Named after Korsh

The configuration is the one designed and run by the Korsh project — the “L3” in the name refers to the fact that this Yespower profile removes the L3 dependency and fits in L2.

Measured on real code

Benchmarks use the node’s own Yespower consensus code — same source, same build, one thread: ~0.32 → ~8.0 kH/s on Apple Silicon (~25×) and ~0.16 → ~4.9 kH/s on AMD EPYC (~31×).

Why it matters for miners

Small working set means hashrate scales with cores: laptops, office PCs and small desktops become viable mining machines again, with less power and heat per hash.

Release spotlight

Smartiecoin Core v0.5.0 — “Korsh L3”

A proof-of-work upgrade that makes CPU mining ~25–30× faster per core — rolled out as a scheduled fork, with no chain reset and no coin swap.

01

Programmed Fork — Sep 27, 2026 · 17:00 UTC

v0.5.0 activates by block timestamp (expected around block 232,480). All miners must update before the fork; nodes, masternodes, exchanges and pools are strongly recommended to update too.

02

Yespower “Korsh L3” (N=256, r=8)

Same audited Yespower algorithm, new memory parameters: an ~8 MB working set becomes ~256 KB, small enough to hash entirely inside the CPU’s L2 cache.

03

~25–30× Faster Per Core

Measured with the consensus code itself: ~25× on Apple Silicon and ~31× on an AMD EPYC, same hardware, one thread. Hashrate now scales almost linearly with thread count.

04

Everything Else Preserved

Masternodes, InstantSend, ChainLocks, shielded transaction support, legacy PrivateSend, governance and emission economics all continue unchanged. Miners ship in one-click kits for Windows and macOS.

Latest release: Loading... · published Loading...

Open GitHub Release →

Project Snapshot

Core project facts taken from the SMT repository and docs.

CPU Mining Base

Proof-of-work runs Yespower “Korsh L3” (N=256, r=8) — an L2-resident profile ~25–30× faster per core than the previous parameters.

Optional Privacy

Shielded transaction support is active, with legacy CoinJoin and Tor onion service support (v3) still available.

Masternode Layer

Deterministic masternodes (ProTx) with official setup guides for Windows and CLI flows.

On-chain Issuance

Issuance and validation are coordinated by the peer-to-peer network and protocol consensus.

Active Fork Release

Current repo tag: Loading... (Loading...) with the Korsh L3 fork activating by timestamp on September 27, 2026 at 17:00 UTC.

Tokenomics

Emission economics set by the v0.4.0 fork — unchanged by v0.5.0, which upgrades mining only.

Core Parameters

Target block time: 120 seconds
Daily emission effect: roughly 50% fewer block rewards per day vs 1-minute blocks
Halving interval: 1,000,000 blocks
Tail emission floor: halvings stop at 1 SMT per block
v0.5.0: does not change emission — it upgrades proof-of-work to “Korsh L3”

No version of SMT resets balances. Economy changes set future reward timing; v0.5.0 changes how the network hashes, not how it pays.

Network Tracks

Same chain, better mining:

8 MB working set → 256 KB (L2 cache)

~0.3 kH/s → ~8 kH/s per core (measured)

Same services, same emission schedule

Less power and heat per hash

InstantSend keeps user transactions fast while Korsh L3 makes the mining layer dramatically more efficient.

Long-Term Emission Schedule

Block Range	Approx. Years	Reward / Block	Circulating Supply Target
1M	~3.8	50 SMT	50,000,000 SMT
2M	~7.6	25 SMT	75,000,000 SMT
3M	~11.4	12.5 SMT	87,500,000 SMT
4M	~15.2	6.25 SMT	93,750,000 SMT
5M	~19.0	3.125 SMT	96,875,000 SMT
6M	~22.8	1.5625 SMT	98,437,500 SMT
7M+	~26.6+	1 SMT tail	Long-term tail emission

The published schedule is calculated with governance superblocks included. Without approved superblocks, effective emission is lower because unpaid governance coins are not created.

Governance Superblocks

10% of the block subsidy is reserved for community governance. These coins are only created in superblocks when funding proposals are approved by masternode vote. This is not a dev fee.

Governance reserve: 10% of every block subsidy
Superblock cycle: 21,600 blocks (~30 days with 2-minute blocks)
Proposal cost: 5 SMT (anti-spam)
No approved proposals? Coins are never created, reducing effective emission

Anyone can submit a funding proposal for development, infrastructure, marketing, or community initiatives. Masternode operators vote to approve or reject it. Approved proposals are paid automatically by the network in the next superblock. No individual or team has control over these funds — it is fully decentralized.

Why Rewards Change Over Time

SMT uses three timing layers:

Block clock: 2-minute blocks set the daily emission pace.
Halving clock: subsidy continues down toward the 1 SMT tail emission floor.
Governance clock: superblocks release community funds only when proposals pass.

This keeps SMT alive long-term while reducing daily inflation pressure.

Mining Economics After Korsh L3

Per core: ~25–30× more hashes per second on the same hardware
Scaling: hashrate scales almost linearly with thread count (each core hashes from its own L2)
Energy: less memory traffic per hash means less power and heat
Effect: mining returns to everyday CPUs — laptops, desktops, office PCs

Existing wallets, balances, masternodes, and services remain on the same chain. Everyone simply needs to update before activation.

Source references: validation.cpp, chainparams.cpp, subsidy_tests.cpp

Live Stats

Auto-updated every 60 seconds from the Smartiecoin explorer and Gatevia market API.

Trade Smartiecoin — open the live SMT/USDT market on Nestex or Gatevia.

Trade SMT on Nestex ↗ Trade SMT on Gatevia ↗

Block Height

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Difficulty

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Network Hashrate

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Circulating Supply

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Price (USD)

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Market Cap (USD)

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Masternodes (On/Off)

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MN Collateral Locked

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ROI 15,000 MN (year)

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ROI 75,000 MN (year)

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Data: explorer.smartiecoin.com + gatevia.io (SMT/USDT) | Trade: nestex.one (SMT/USDT) (waiting for first update)

Open Masternode + Quorum Dashboard →

SMT Architecture

Full-featured blockchain with instant transactions, privacy, governance, and masternode infrastructure.

01

PoW Layer — Yespower “Korsh L3”

CPU-first Yespower mining with the Korsh L3 profile (N=256, r=8): an L2-resident working set that makes mining ~25–30× faster per core on the same hardware.

02

InstantSend + ChainLocks

Transactions locked in 2-3 seconds via LLMQ quorums. ChainLocks prevent 51% attacks and block reorganizations.

03

Masternodes (ProTx)

Deterministic masternodes with BLS signatures, operator/owner separation, and automatic PoSe monitoring. Easy setup with Plug & Play Wizard.

04

Shielded TX + Legacy PrivateSend

Transparent addresses remain supported while shielded transaction tooling, legacy CoinJoin mixing, and optional Tor v3 remain available.

05

On-Chain Governance

Masternode operators vote on budget proposals. Approved proposals are funded automatically via superblock payouts every 21,600 blocks.

06

LLMQ Quorums

Long-Living Masternode Quorums power InstantSend, ChainLocks, and governance. Currently using LLMQ_10_60 and LLMQ_10_75 (rotated).

Current Status

SMT is a secondary coin integrated with the Ethernova ecosystem. The network is active with CPU mining on the new “Korsh L3” profile, InstantSend, ChainLocks, shielded transaction tooling, legacy PrivateSend, masternodes, and on-chain governance.

Core running on release Loading...
Korsh L3 fork activates Sep 27, 2026 · 17:00 UTC (by timestamp)
Yespower N=256, r=8 — ~25–30× faster per core, L2-resident
Miners must update before activation; old builds produce invalid blocks
Shielded transaction support active on mainnet
InstantSend & ChainLocks active via LLMQ quorums
Legacy PrivateSend (CoinJoin) mixing available
On-chain governance with treasury superblocks
Listed on Gatevia & Nestex exchanges

Official Links

Main project resources and technical references.