ordinary computer can mine?
Yes bro, use the "setgenerate true -1" command on your wallet's console. You can also stake the mined coins.
Hi. Do you have a minimum requirement to start using your services?
Can this be done on my personal computer?
There is no minimum requirement, if you want to do pow mining via the wallet you can do it using the setgenerate true -1 command. The stake process you can do with any amount of currency in your wallet, there is no minimum amount. You can mine through the wallet and use the mining reward to stake in the same wallet. If you have an active Masternode, you will receive rewards from the masternode, next to it you can also place the wallet to mine and use the min reward next to the mining reward to generate stake, so you will have 3 passive income methods in your wallet .
Implementing such a project will not be easy. Wish you luck. It seems internet and promising, but today the market is not ready for this, this is my opinion.
By what standard is your token created?
IndexChain is a Zcoin fork, but with new implementations and improvements.
How will the functionality of POW, POS and MN be combined?
And what does a hybrid system mean?
PoS 3.0 is an improved version of the original PoS and generates competition between coin holders, where, based on network connectivity and random odds, you can confirm a block of transactions and receive rewards for coins. This is called betting. It does not require any specific hardware, except a normal computer with an Internet connection, and you will be rewarded in proportion to the amount of coins you have, which makes it fair and decentralized. Currency rewards are determined by annual supply inflation and awarded proportionally to the addresses of that share (equivalent to mining in PoS 3.0)
Is POS 3.0 the latest version of POS?
Please explain briefly how it differs from version 2.0.
Thanks in advance.
I ended up giving your answer in the previous question see the previous answer I gave, I'm sorry.
How will the functionality of POW, POS and MN be combined?
And what does a hybrid system mean?
PoW data mining utilizes high-powered hardware to work through a mathematical problem known as a hash. Numbers are calculated from this solution and create a consensus. Good computer hardware can make this process more efficient. The better the hardware the better the calculations will be. Cryptocurrencies like bitcoin implement this method of consensus to ensure the value of their currency. PoW mining has its advantages, but it doesn’t allow users to participate in the process of verification. This is why some networks turn to PoS mining.
PoS mining allows users to get involved with data mining. It does not have the same hardware requirements as PoW. Instead, blocks are created by individuals who have the largest stakes in the currency. This can be good in some ways. More people mine the currency, but this comes at the cost of equality. Those with more shares have an advantage over other users and will get more rewards.
Considering this, it is best if currencies implement a hybrid PoW+PoS. This gives users a fair chance to mine for data and currency. At the same time system improves on the security of these systems. No system is perfect alone but combined they have a better chance at maximizing the rewards for all users
In the case of Index Chain, this process is done using PoW / PoS and also with the Masrtenode network. A unique and sustainable system, with no unjust start, using a distributed hybrid system for block generation, eliminating high energy mining while being efficient and low maintenance costs, with a reward system controlled in a way to contain inflation and devaluation in the market in the long run.
Are you already negotiating with exchanges?
Please give a contact how to contact you.
I can help with questions about exchanges.
We will look for exchanges within the Top 35 at the CMC after completing the ICO process. But of course, we will also look for other exchages besides them, but these will be our main focus. We want to make this project unique.
reward for pow mining is only 0.03 coins? will it be worth more if later it is listed on the exchange?
These are the Rewards per block:
--Up 30k blocks Reward Block: 0.1 Coin 15% PoS 15% PoW 70% MN
--1° year Reward Block: 1.00 Coin 15% PoS 15% PoW 70% MN
--2° year Reward Block: 0.80 Coin 15% PoS 15% PoW 70% MN
--3° year Reward Block: 0.64 Coin 15% PoS 15% PoW 70% MN
--4° year Reward Block: 0.51 Coin 15% PoS 15% PoW 70% MN
--5° year Reward Block: 0.40 Coin 15% PoS 15% PoW 70% MN
--6° year Reward Block: 0.32 Coin 15% PoS 15% PoW 70% MN
--7°/ 25° Reward Block: 0.27 Coin 15% PoS 15% PoW 70% MN
Safe+Private?
How it works?
I am interested. If it's not clickbait - I'm in the project!
Do you have a youtube channel with video? To get acquainted with the video materials of your project.
We are preparing live material, as soon as it is available we will advertise our channel on our social networks.
Safe+Private?
How it works?
I am interested. If it's not clickbait - I'm in the project!
Do you have a youtube channel with video? To get acquainted with the video materials of your project.
I would so like to get acquainted with the video materials, so the information is perceived easier. It would be great if the team listened to us and made a video.
Yes, we will. We are preparing live material, as soon as it is available we will advertise our channel on our social networks.
Safe+Private?
How it works?
I am interested. If it's not clickbait - I'm in the project!
Do you have a youtube channel with video? To get acquainted with the video materials of your project.
I would so like to get acquainted with the video materials, so the information is perceived easier. It would be great if the team listened to us and made a video.
I can make informative videos for the team. For free, just as helping the project and respect for the team.
Thank you very much, get in touch with the development team at IndexChain's Discord, we can talk about it and reward you for your work.
[moderator's note: consecutive posts merged]
must be hard job to fix if they taking this long :_)>>
