Author

Topic: [ANN] Oxid Coin POW+POS+MN (Read 391 times)

brand new
Activity: 0
Merit: 0
September 06, 2018, 08:45:32 AM
#14
pool
member
Activity: 254
Merit: 10
September 06, 2018, 04:28:38 PM
#12
Both pools are broken they are not paying out
jr. member
Activity: 155
Merit: 1
September 06, 2018, 03:21:50 PM
#11
Nice concept,great team and overall a promising project, project focuses on establishment of a powerful cryptocurrency exchange which will include a broad range of services and it is will be   bridges the crypto community with the traditional venture capital market.
hero member
Activity: 2146
Merit: 518
September 06, 2018, 07:45:43 AM
#10
The numbers here really suck, not worth mining at all..... Scam written all over it...

Crypto will soon be banned by chinese and US authorities, no need to talk about it. Better get tick-tack to make ur mouth smell less appalling. I would spare u a great deal of research by simply saying that in a week half of the internet will be dead. No posting, no message boards no clowns rushing to stick their head in every hole in an attempt to catch something new.
newbie
Activity: 24
Merit: 0
August 13, 2018, 01:18:23 AM
#9
res pool
newbie
Activity: 51
Merit: 0
August 13, 2018, 12:33:54 AM
#8
member
Activity: 486
Merit: 10
August 12, 2018, 11:31:17 PM
#7
it's an old coin
copper member
Activity: 322
Merit: 0
August 12, 2018, 09:51:24 PM
#6
RESERVED for HINDI translaion....

helloo admin.... can i translate ANN page / WHITE paper  to HINDI(INDIA) language ??

here is my portfolio.....
https://drive.google.com/drive/folders/1TTRWTdF-VC71_TgP4dcsy6wH4BoL9cxB

waiting for your confirmation..... thank you....
jr. member
Activity: 130
Merit: 1
August 12, 2018, 04:22:18 PM
#5
The numbers here really suck, not worth mining at all..... Scam written all over it...
newbie
Activity: 29
Merit: 0
August 12, 2018, 04:13:59 PM
#4
Seems to be an interesting project! Good luck to the team. Could you please give us your Github?
legendary
Activity: 1517
Merit: 1042
@notsofast
August 12, 2018, 04:04:25 PM
#3
No Github !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

None needed, the premine vs. coin reward is not worth mining even if you could see the source code. Hard pass
member
Activity: 431
Merit: 10
August 12, 2018, 03:18:08 PM
#2
No Github !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
jr. member
Activity: 36
Merit: 2
August 12, 2018, 03:12:49 PM
#1
URLs

   Website:  https://oxid.io
   Explorer: http://explorer.oxid.io:3001
   Twitter:  https://twitter.com/oxidcoin
   Discord:  https://discord.gg/NucWZP2
   GitHub:   https://github.com/oxidcoin/oxid




What is Oxid Coin?


   Oxid Coin is decentralized cryptocurrency that utilizes a peer-to-peer technology to operate with no central authority or banks.

   Oxid Coin is a base to OXIDEX Decentralized Crypto Portal, powered by a network of Miners, Staking Nodes, Masternodes and Supernodes. Miners helped to kick off the blockchain and will be supporting the network until the full Proof-of-Stake (POS) transition. Staking Nodes protect the network via POS mechanism. Masternodes and Supernodes are the backbone to Oxid's network storing and serving the blockchain to the users as well as validating transactions.

   Our goal is to build a Crypto Portal (called OXIDEX) with applications for our users to invest, trade and have a market place to buy and sell goods as well as an escrow service for our user protection.

   As we progress, we will be adding new applications and looking for partnerships, aiming to make a one stop full-service crypto solution.


Masternodes

   Oxid Masternodes are network servers that are constantly connected to the Oxid Network and perform service functions like validating, storing and serving the blockchain to the users. Masternodes are the backbone to the Oxid's network.

   Anyone with 5000 OXID can set up and operate an Oxid Blockchain Masternode, which helps to provide an additional security, reliability, and performance to the blockchain. For their dedicated service Masternodes receive a portion of each mined Oxid block reward.


Supernodes

   Supernodes are a kind of a masternodes which are rewarded a much higher rewards for providing stability and security to the blockchain. Anyone with 25000 OXID can set up and operate a Supernode.


Masternode and Supernode Block Payouts Explained

   There will be only 1 reward per block randomly selected between Masternodes and Supernodes. For example if Masternode is rewarded for a specific block then the total block reward would be POW, POS and Masternode rewards added together. ff Supernode is rewarded for a specific block then the total block reward would be POW, POS and Supernode rewards added together.

   Masternodes and Supernodes have the same probability to receive block reward.


Oxid Specification

   Name: OXID
   Symbol: OXID
   Algo: Scrypt
   Coin type: POW | POS | Masternodes | Supernodes
   Block time: 120 sec.
   Maturity: 10 blocks
   Max Coin Supply: 89,000,000
   POW Reward per block: 0.5 - 3 OXID
   POS Reward per block: 1 - 2 - 0.25 OXID
   Masternode Reward per block: 3 - 8 - 1 OXID
   Supernode Reward per block: 24 - 48 - 6 OXID
   Masternode Collateral: 5,000 OXID
   Supernode Collateral: 25,000 OXID
   Stake min age: 2 hours
   Premine: 2.98% (2,650,000) used for exchanges, marketing, development, bounties, airdrops
   Staking start block: 1,001
   Masternodes start block: 1,001
   Supernodes start block: 5,001

   Default port: 18932
   RPC port: 18933
   Testnet default port: 18942
   Testnet RPC port: 18943


Rewards Breakdown


POW

   Block 1 2,650,000 (2.98% premine)
   Block 2 - 1,000 0.5
   Block 1,001 - 20,000 1
   Block 20,001 - 50,000 2
   Block 50,001 - 100,000 3

POS

   Block 1,001 - 5,000 1
   Block 5,001 - 10,000 1.5
   Block 10,001 - 20,000 1.75
   Block 20,001 - 262,800 2
   Block 262,801 - 525,600 1
   Block 525,601 - 788,400 0.5
   Block 788,401 and up 0.25

Masternodes

   Block 1,001 - 5,000 3
   Block 5,001 - 10,000 4
   Block 10,001 - 20,000 6
   Block 20,001 - 262,800 8
   Block 262,801 - 525,600 4
   Block 525,601 - 788,400 2
   Block 788,401 and up 1

Supernodes

   Block 5,001 - 10,000 24
   Block 10,001 - 20,000 36
   Block 20,001 - 262,800 48
   Block 262,801 - 525,600 24
   Block 525,601 - 788,400 12
   Block 788,401 and up 6



   Wallets:  https://github.com/oxidcoin/oxid/releases


Default Seed Nodes

   
Code:
		addnode=seed1.oxid.io
addnode=seed2.oxid.io


Bounties and Airdrops

   Join our Discord to see all available  bounties and airdrops

   Mining Pool bounties (will test if it's working, must join discord and provide a support to people in case it's needed)
      - 1st 100 OXID
      - 2nd 75 OXID
      - 3rd 50 OXID
      - 4th 25 OXID
      - 5th-20th 10 OXID


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