Topic: [ANN][NEW][🏁🔥Nitrous Coin🔥🏁][PoS][Masternodes] Car-Aftermarket & Race Events - page 9. (Read 22779 times)

Before we discuss anything about Nitrous and why it started, let us first introduce ourselves, your two Nitrous devs/ founders, @NitrousDev#7584 (Discord) and @kingcrypto#2734 (Discord). Both of us are developers with over 25 years and 5 years of experience in IT & programming, respectively.

@NitrousDev specializes in internet technology and blockchain development. With his 25+ years of hardcore experience, he led the development team that is responsible for our unique Nitrous (N2O) blockchain. He is always working behind the scenes to ensure the chain is running properly and securely. While launching Nitrous, our development team has spent a significant amount of time going through extensive testing; breaking and restarting the chain until they couldn't break it any more. In another sense, our developers know every corner of our chain and how to configure things without breaking the chain. The goal is to give the community solid software that maintains the privacy, security, and stability of the blockchain at all times.

@King Crypto specializes in app/ web development, graphic design, and marketing. Over the last three years, he's done heavy marketing and business consulting—  kickstarting many successful projects and startups. Thus far, he's been leading our marketing (includes design) and app (includes wallets)/ web development team, and he'll be representing Nitrous in all our up and coming business relations. He's also spent a respectable amount of time preparing all of our graphic designs, and ensuring that we have a Macintosh wallet ready and an Android wallet under development by launch time.

We will be your leading team for Nitrous and promise to always drive this project towards the victory/ finish line. As a vow to how much we value our work and our work ethic, let's just say that your fellow Nitrous founders have spent over 30 hours perfecting this BTC Talk ANN thread alone.

Let’s talk about Nitrous now.






One of our goals is to create a PoS/ Masternode cryptocurrency that will not only be profitable for all those involved, but will sustain growth as coins are created to reward masternode and coin holders. Many cryptocurrencies fail within weeks, if not days, of their launch. The reason this happens is that in order to attract investors with a high published ROI, the rewards themselves must be unsustainable. The overall concept is called inflation. As with the fiat economy, more money put into the money supply can cause instability in the economy. High inflation is bad; however, inflation itself is not.

Over the last weeks and months, we’ve carefully studied hundreds of cryptocurrencies to find the balance between high rewards and sustained value for Nitrous. After many calculations and deep analysis of the market, we’ve come up with a system that we think will accomplish both: high rewards and a stable currency.

In order to achieve that, we’ve implemented a few things that we believe to be the missing pieces to the difficult puzzle of cryptocurrency, especially masternode coins. First, we must have a purpose. Unlike most coins, our purpose is not to just create a coin. We want to do an experiment. We want to find out what happens when developers and the entire team involved with a cryptocurrency takes it seriously, deals honestly with its holders/ community, and is 100% committed to changing the masternode coin story. As our name implies, we have a specific goal in mind which we've explained above, but we'll share more plans and updates as our direction solidifies.




First, we’ve implemented a rewards system that is lucrative to masternode and coin holders while keeping a lid on inflation. Nitrous Boost is our steadily increasing rewards system that we use to maintain or accelerate profitability of existing masternode owners as new masternodes come online. We want to reverse the downward profitability trend inherent in creating cryptocurrency (true of PoW, PoS, and masternode infrastructures). So as more masternodes come online with Nitrous, you will be seeing more rewards rather than less, and that’s even if the price doesn’t increase like we expect it will.





Second, in an effort to fight inflation even more, we are implementing a monthly Nitrous Burn. On a predetermined schedule, the Nitrous team will periodically buy back coins from the open exchange at the initial price of the coin and burn them. That’s right, we will be investing in our own currency to increase your value by taking sell orders that are below our initial offering price off the market.


Third, we’ve established a 60%/ 40% split on block rewards between masternode owners and stakers. Stakers are no less important than masternode owners. While masternodes basically run the network, stakers provide the security. And since there is less risk as a staker, there are a couple of benefits masternode owners get— masternode owners get a larger portion of the block reward. They also do not have to wait 12 hours for their coins to mature before they can generate more coins. Masternode coins are always eligible to mint new coins even immediately after they do so.


Fourth, our roadmap is exciting. We plan on taking Nitrous where other currencies haven’t been. No one can reveal to you where that is yet, and we’re not going to make promises we can’t keep. You will only see facts from us, backed up by data. We’re not sending humans to Mars, and we’re not “changing everything”. Our first step is to create a viable cryptocurrency along with a strong community of our peers who will have a hand in shaping it for the future.

Oh yes— we also securely and privately deliver instant transactions anywhere in the world. It’s what most cryptocurrencies call a "goal". For us, that’s what we call a good place to start.

[Discord] [Website] [Github] [Twitter] [Block Explorer]
 

[Masternodes.Online] [Mnode.Club] [Masternodes.Pro]

◙ Genesis Block (Complete)
◙ Block Explorer (Complete)
◙ Windows 32-bit Wallet Release (Complete)
◙ Windows 64-bit Wallet Release (Complete)
◙ Linux Wallet Release (Complete)
◙ Macintosh Wallet Release (Complete)
◙ Finish Easy-Masternode Setup Script (Complete)
◙ Temporary Website Launch (Complete)
◙ Discord Setup (Complete)
◙ Logo Design (Complete)
◙ Graphic Design (Complete)

◙ CoinExchange.io (Complete)
◙ Crypto-Bridge (Complete)
◙ Cryptopia (Planned)

◙ Masternodes.Online (Complete)
◙ Masternodes.Pro (Complete)
◙ Mnode.club (Complete)

◙ Official Website Launch (Complete)
◙ Android Wallet (In Progress)
◙ Whitepaper (In Progress)
◙ iOS Wallet (Planned)

[center][url=https://bitcointalk.org/index.php?topic=4429403.msg39532802#msg39532802]❍ Nitrous Coin ❍
[u]Currency for Aftermarket Car Parts & Race Events.[/u]
Low Inflation. Fair Split Between POS & MN[/url][/center]

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