Topic: [ANN] Grafium [GRAF] Masternode Privacy Cryptocurrency - page 3. (Read 1162 times)

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What is Grafium [GRAF]?

Grafium is an open source cryptocurrency that focuses on privacy, speed, decentralization and community decisions.
Grafium uses the QUARK algorithm with POS consensus and Masternodes to create a secure network with full nodes across
the globe, this ensures the network is decentralized and no one person has control or ownership. Unlike most other
currencies, decisions on Grafium’s future are made by the community.



FEATURES

Masternodes & Staking
Grafium is powered by Masternodes that secure the blockchain and reward the owners with payouts in Grafium.
The amount of Grafium needed for a masternode is 10,000 coins. Early investors will especially benefit, due to the block
rewards being the highest at the start and decreasing over time. Masternodes can be a source of passive income and are
very easy to set up on a VPS or locally on your computer. If you don't have 10,000 Grafium, you can also help to secure the
blockchain, as you can stake your coins and earn rewards passively. You will find below in this whitepaper the reward structure
so make sure you take a look. By staking your coins you are contributing to securing the blockchain and it also ensures that
the barrier for entry is low, because you don't need a masternode to earn passive income with Grafium.

Community Focused
Grafium is very community focused. Unlike most cryptocurrencies, the community plays an important role in Grafium’s decisions
and the direction of Grafium’s future. We strongly believe that the community will bring Grafium to its full potential.

Privacy
Grafium is a privacy coin meaning your transaction are fully private and secure on the blockchain, allowing you to send and
receive securely and privately at any time.

Super Fast
Grafium has super fast transactions with a 60 seconds block time, allowing you to send and receive within seconds.

Decentralized Network
Grafium is a 100% decentralized and secure network on the blockchain, powered by masternodes and staking and controlled
by the community.



VISION

GRAFIUM is a private, fast and secure cryptocurrency that is fully decentralized, open source and community focused.
Using POS with masternodes ensures full security of the blockchain. The aim of Grafium is to become one of the top 100
cryptocurrencies within 2 years, by increasing the mainstream adoption with projects and new innovative ideas.



COIN SPECIFICATIONS

NAME	Grafium
TAG	GRAF
ALGORITHM	Quark
TYPE	Pos/Masternodes Hybrid
BLOCK TIME	60 Seconds
PORT	5092
RPC PORT	5192
MIN STAKE AGE	1 Hour
DIFFICULTY RE-TARGETING	Every Block
MASTERNODE COST	10,000 GRAF
MASTERNODE REWARD	70%
POS REWARD	30%

MASTERNODES

Masternodes are computers that run the Grafium wallet which provide increased privacy of transactions, instant transactions
and decentralized governance of the blockchain, making decisions. As a result they are rewarded with coins from the blocks
being created.

Masternodes sit on the blockchain, within a queuing system, when they reach a certain position in this queue
they can be selected at random, to be rewarded for participating within the network.

Masternodes are required to have 10,000 Grafium collateral, and to run 24 hours a day. In return they are paid 70% of the
reward of every block, which is distributed to masternodes one at a time.



PROOF OF STAKE

Unlike the proof of work system, in which the user validates transactions and creates new blocks by performing a certain
amount of computational work requiring multiple computers and a lot of resources. For the proof of stake protocol you only
need to run the wallet on one computer, and no matter your computers performance you have the same chance of hitting a
block as everyone else. However the more coins you have the quicker your stake will be. The benefit of proof of stake is that
it results in a higher amount of nodes as anyone can stake on the network, making it more secure than a conventional POW
based coin which relies on computing power.

With Grafium you will be able to stake on the wallet and in return you will receive 30% of the
reward of every block found, for securing and confirming transactions on the network.



PROJECT PLANS

We have many short and long term plans. We want to start by building a strong community as this is the main thing that fuels
any projects success with marketing and awareness. Our long term goal is mass adoption and to be one of the top coins by 2020
with multiple online partnerships.

SHORT TERM:
- Build a strong community
- Marketing and Awareness
- Masternodes and staking
- Staking Pool partnerships
- Exchange Partnerships
- Improve Grafium


LONG TERM:
- Top 100 by 2020 (2 years)
- Mass adoption
- Wide scale application
- 2500 + Masternodes
- Community Projects
- Online shop Partnerships



PRE-SALE

We will be holding a pre-sale on the Grafium Discord, selling masternode packages to generate funds for the future of Grafium.
Funds raised in the pre-sale will be used for exchange listings, marketing, partnerships and the development of Grafium, this will
contribute to the future of Grafium.

All early investors benefit due to the highest rewards being at the beginning and only decreasing from there on, making for a very
profitable investment.

CLICK HERE TO JOIN DISCORD



PLANNED EXCHANGES

SHARDAX  |  CRYPTO-BRIDGE  |  CRYPTOPIA  |  HITBTC  |  BINANCE  |  BITTREX



WALLETS

Coming Soon!




BOUNTIES
Bounty form will be coming soon. You can start the bounties now and claim when we publish the form.

Discord Campaign (1$ in Grafium per invite)
Invite as many people as you can and get 1$ in Grafium per a invite until we reach 5000 users.

Social Media Posting and tagging us (Grafium reward depends on your followers or likes)
Invite as many people as you can and get 1$ in Grafium per a invite until we reach 5000 users.

Reddit Campaign (Grafium reward based on Upvotes)
• Your account should have a minimum of 50 posts and 200 comment karma.
• Posts and comments with negative karma do not qualify.

Youtube Review Video (150+ Grafium)
Get 200+ Grafium per a youtube video review and you must have 500+ subscribers.

Well Written Article (100 Grafium)
Write a well written article explaining Grafium and its features.

Translations (100 coins each)

- Arabic
- Indonesian
- Spanish
- Chinese
- Croatian
- German
- Hebrew
- French
- Italian
- Japanese
- Dutch
- Korean
- Philippines
- Polish
- Portuguese
- Russian
- Romanian
- Turkish

Signature Campaign (10 coins each)






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