Topic: [ANN][PoW/PoS/Masternodes/Supernodes][Bounties] OXID Coin- base to Crypto Portal - page 9. (Read 14582 times)

hello turkish translate reserved

Spanish translation reserved

German translation done - https://bitcointalksearch.org/topic/--4715744

My wallet - oP7vuoBxcg1ryWiCZqkZYZjz6eq9oSAypk

Russian translation reserved

I read about Oxid Coin as a decentralized electronic currency with applications that can buy and sell consumer goods and services. In the future, the project also promises to have many new applications and will seek partners ... At the same time the project also applies many attractive rewards for users. I see this is the best way to attract the attention and investment of the community!

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


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


Default Seed Nodes

   

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