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Fully automated Masternode and Staking Hosting Platform
Galilel Coin (GALI) is an open-source Proof-of-Stake digital crypto currency for fast (using SwiftX), private (Zerocoin protocol) and secure microtransactions. Our main goal is to create a decentralized fully secure and anonymous network to run applications which do not rely on any central body control. By having a distributed system, thousands of users will be responsible for maintaining the application and data so that there is no single point of failure.
Galilel Cloud is a service-hosting platform. It provides a complete automated solution to run fully managed and highly available multi-redundant Masternode as a Service (MaaS) and Proof-of-Stake as a Service (PoSaaS). It is a simple solution, manageable by anybody without any crypto currency knowledge. While market competitors require local wallet installation, it is not necessary in Galilel Cloud. You can run masternodes from local wallets, cloud wallets, paper wallets, web wallets or mobile wallets. While this is more challenging task from infrastructure and security point of view, it will improve mainstream adoption and knowledge of masternodes. Adding new crypto currencies to the platform does not require any manual intervention, neither from the currency project team nor from the Galilel team. This process is automated and new crypto currencies work in sandbox mode for some period until verification completed. Linux containers (LXC) manages isolation of different users and their wallets. The verification process and using securely isolated containers eliminates potential security breaches if crypto currency include backdoors to withdraw foreign wallets. Beside Masternode as a Service (MaaS) and Proof-of-Stake as a Service (PoSaaS) we implement Block Explorer as a Service (BEaaS). It will significantly reduce service time to delivery for any new crypto currency as we will deploy, run and maintain the block explorer. The project and development teams can sharpen their focus on more important tasks.
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Galilel Cloud services
Masternode as a Service (MaaS)
We implement an automated solution for hosting masternode crypto currencies. It allows users to run hot node in our infrastructure and cold wallet on their premises or - for simplicity - to run both wallets in our platform. Linux Containers (LXC) guarantees isolation of the different customer tenants. Developers can upload and verify features of new crypto currencies before launch and run them in testnet mode. Once they launch their crypto currency, a simple click turn it into production mode.
Proof-of-Stake as a Service (PoSaaS)
We believe in the mission that services should be simple. By implementing Proof-of-Stake hosting, we extend our product portfolio with another minting service. Users are able to spin-up Proof-of-Stake wallets with simple clicks. The backend will deploy the wallets in background and notify users once they are ready. One tenant can run multiple staking wallets of different crypto currencies in the same environment. Individual payout thresholds per crypto currency are configurable.
Block Explorer as a Service (BEaaS)
With Block Explorer hosting, we complete our services stack. Each user can have multiple block explorers running in the same environment. The service uses our own backend code which monitors the blockchain for changes and synchronizes it in real-time via wallet notification system. As fallback, it monitors the blockchain and periodically synchronize the backend. Based on this backend we implement a theme-able frontend delivering the best user experience.
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Galilel Cloud features
Security Design Principals
Security is a crucial part for any kind of web service. Whenever user interacts with a service that require authentication, backend get these data via an encrypted channel between the user and the system. The bcrypt algorithm hashes the data and securely store it in our redundant databases. Google Chrome, Firefox, Opera, Safari, Internet Explorer and Edge include the platform domain galilel.cloud already in their HTTP Strict Transport Security (HSTS) preload list built-in the browser. We heavily use Linux Containers (LXC) for infrastructure isolation.
Unique Blockchain Features
The blockchain is the base for our payment service; however, we have identified already weak points for further improvements. While offering a masternode hosting service it is logical step to implement a shared blockchain to run one-to-many wallet daemons in a client server model. For further attraction of investors, we implement Proof-of-Burn (PoB) algorithm into our blockchain. This algorithm rewards the destruction of coins send to an un-spendable address. For a wider adoption of the Galilel wallet, we introduce ready-to-use binaries for new architectures.
Transparency and Split Development
The trust relationship between investors and the project team is key to success. Therefore, we have created a GitHub organization named Galilel-Project, which tracks all our development activities in public repositories including all our backend code and passed Know Your Developer (KYD) public verification. The project uses mostly MIT, GPLv3 and CC-BY-NC 4.0 open source and open content licenses. We use a divided engineering resource and project goal model: 75% service platform development and 25% blockchain research development.
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Coin specificationsCoin InformationGeneral information about used algorithm, ticker symbol, staking and masternode collateral.
| ______________________________ | ________________________________________ |
| Description | Parameter |
| Coin name | Galilel |
| Coin ticker | GALI |
| Coin type | PoW/PoS/MN |
| Hash algo | Quark |
| RPC port | 36002 |
| P2P port | 36001 |
| Minimum staking age | 2 hours |
| Max coin supply | 25 000 000 |
| Masternode collateral | 15 000 |
| Last PoW block | 1500 |
| Rewards (till block 1500) | MN 60%, PoW 40% |
| Rewards (till block 205000) | MN 60%, PoS 40% |
| Rewards (from block 205001) | MN 70%, PoS 30% |
| Comminity donation address (BCT) | 13vZmvxWcpMxZPr2gtf4QBS8Q2En6kB3mo |
| Comminity donation address (GALI) | UUr5nDmykhun1HWM7mJAqLVeLzoGtx19dX |
| Comminity donation address (GIO) | 2MW87snpBrqnWUUeJ15uVkqoqEMZU8GSWLM |
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Proof-of-Work RewardsProof-of-Work is used as instamine protection and will end at block 1500.
| ________ | ____________ | ____________ | _____ | _____ | ___________ | ______________ | __________ |
| Stages | Block Height | Reward | MN | PoW | Coin Supply | Stage Runtime | Stage End |
| Stage 1 | Block 1 | 220 000 GALI | 60% | 40% | 220 000 | 0 days | 2018-05-25 |
| Stage 2 | Block 2-1500 | 1 GALI | 60% | 40% | 221 499 | 1 day | 2018-05-26 |
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Proof-of-Stake RewardsProof-of-Stake will start at block 1501 until max coin emission is reached.
| ________ | ________________ | ________ | _____ | _____ | ___________ | ______________ | __________ |
| Stages | Block Height | Reward | MN | PoS | Coin Supply | Stage Runtime | Stage End |
| Stage 1 | 1501-12000 | 100 GALI | 60% | 40% | 1 271 399 | 7 days | 2018-06-02 |
| Stage 2 | 12001-22000 | 90 GALI | 60% | 40% | 2 171 309 | 7 days | 2018-06-09 |
| Stage 3 | 22001-42000 | 80 GALI | 60% | 40% | 3 771 229 | 14 days | 2018-06-23 |
| Stage 4 | 42001-100000 | 70 GALI | 60% | 40% | 7 831 159 | 40 days | 2018-08-02 |
| Stage 5 | 100001-160000 | 60 GALI | 60% | 40% | 11 431 099 | 42 days | 2018-09-13 |
| Stage 6 | 160001-205000 | 50 GALI | 60% | 40% | 13 681 049 | 31 days | 2018-10-14 |
| Stage 7 | 205001-250000 | 25 GALI | 70% | 30% | 14 806 024 | 31 days | 2018-11-14 |
| Stage 8 | 250001-340000 | 15 GALI | 70% | 30% | 16 156 009 | 62 days | 2019-01-15 |
| Stage 9 | 340001-430000 | 10 GALI | 70% | 30% | 17 055 999 | 62 days | 2019-03-18 |
| Stage 10 | 430001-956000 | 5 GALI | 70% | 30% | 19 685 994 | 365 days | 2020-03-17 |
| Stage 11 | 956001-1482000 | 4 GALI | 70% | 30% | 21 789 990 | 365 days | 2021-03-17 |
| Stage 12 | 1482001-2008000 | 3 GALI | 70% | 30% | 23 367 987 | 365 days | 2022-03-17 |
| Stage 13 | 2008001-2534000 | 2 GALI | 70% | 30% | 24 419 985 | 365 days | 2023-03-17 |
| Stage 14 | 2534001-3114016 | 1 GALI | 70% | 30% | 25 000 000 | 403 days | 2024-04-23 |
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Galilel team
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Roadmap
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Wallets
List of official active seeds:
addnode=seed1.galilel.cloud
addnode=seed2.galilel.cloud
addnode=seed3.galilel.cloud
Bootstrap links
Scripts
Wallet/MN guides
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Social Media
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Promotion
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Exchanges
Galilel can be traded on the following exchanges:
graviex.net__________________________________________________________
Translations
For translating the ANN into one of the languages below you will be rewarded with 1000 GALI.
We do not accept the Google translate translations.
Arabic
Chinese
Croatian
Czech
Filipino
French
German
Hungarian
Indian
Indonesian
Italian
Japanese
Korean
Polish
Portuguese
Romanian
Russian
Slovak
Spanish
Turkish
Ukraine
Vietnamese
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Airdrop/Bounties
(In the separate BCT ann)
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