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Topic: MIRE COIN (Read 183 times)

newbie
Activity: 2
Merit: 0
August 03, 2019, 01:34:41 AM
#1
WHAT IS MIRE COIN?
Mire is a product of Korsia Company that use blockchain technology as our core. Mire is the solution to all current crypto problems with Smartchain Ecosystem technology based from masternode. Mire Smarchain creates an ecosystem for three important pillars, masternode holder, user and vendor. The masternode holders who work to validate every transaction in the mire ecosystem and they will get dividends as coin. Token users as application users get services with blockchain technology that can be used in the mire ecosystem. Vendor as the party that runs the business to gets all the advantages from blockchain technology.

Three Features of Mire Smartchain
a. Peer-to-peer Investment
Peer-to-peer investment allows users or investors to invest their asset (Mire Coin) to the vendor or company to increase profit. In this transaction, vendor has obligation to pay Mire coin as fee. In this feature, users also facilitated with wallet.
b. Trading Mire
Users can send their Mire Coin to other exchanger for trading activities.
c. Masternode
Masternode is nodes connection structure to process similar wallet in the Mire blockchain. The purpose of the masternode is giving extra services to the network. By using this system, users of Mire Coin can operate the masternode and receive profit of Mire Coin as the reward for being validator of PoS system.

MIRE TECHNOLOGIES
a. SwiftX
SwiftX transactions are confirmed and spendable within seconds or instant transaction. SwiftX transactions are guaranteed by the network of masternodes, without waiting for multiple confirmations in order to speed up validity of the transaction.
b. POS 3.0 Bitcoin Core 0.10.x
Mire use PoS versi 3.0 and based on the version 0.10 or higher than Bitcoin codebase.
c. Masternode
These are incentivized nodes that receive rewards based on their availability and their ability to offer network services in a decentralized and trust-less manner. Running a masternode requires:
- Collateral 100,000 Mire coin
- Mire coin must be locked or cannot be transacted
- Using static IP address
- Always connected to the internet and suggested by using VPS

COIN SPEC
Ticket : MIRE
Maximum Coin Supply : 300,000,000 MIRE
Premine : 30,000,000 MIRE
PoW Phase Period : 2-1440
PoS Phase Period : starting from blocks 1441

Block Size : 4MB
Block Time : 1 minute (Diff Re-targeting ever block)
PoS Collateral : 2,500 MIRE
MN Collateral : 100,000 MIRE
Reward Maturity Confirmation : 120 Blocks (± 2 hours)
Transaction Send Eligibility : 6 Blocks (± 6 minutes)

Block Rewards/Years
1: 30 MIRE/block
2: 35 MIRE/block
3: 40 MIRE/block
4: 50 MIRE/block
5: 55 MIRE/block
6: 60 MIRE/block
7: 70 MIRE/block

ROI is calculated based on 100 member masternodes, it can change based on market price and number of masternode members.
1st year: 137%
2nd year: 160%
3rd year: 183%
4th year: 229%
5th year: 251%
6th year: 274%
7th year: 320%

Mire Business Plan Development
Phase 1 : Smartchain
Smartchain is an application where the users can use Mire Coin to gain benefits. There are users and vendors. Users are the ones that use apps using Mire Coin. The vendors must pay their transaction fees with Mire Coin. By now, Indonesian and Korean users are the only one who can use this application.
Phase 2 : Hyperchain
Hyperchain is a non-crypto blockchain technology developed by Mire with hyperledger technology. This technology can be used by companies such as industry, banking, school, tax, start ups, and other companies who want to use blockchain technology to develop their own technology.
Phase 3 : Crosschain
Crosschain is a technology developed by Mire. The purpose of Crosschain is that all Mire blockchain can be united in a chain. Initially, Mire Coin technology, Smarchain and Mire Hyperchain are technologies that have different bases. With Crosschain, all of these technologies can be merged in to one chain.
Final phase : Burn Coin
Every revenue obtained from the three pillars, 50% will be bought by Mire and will be burned so that the supply of Mire is reduced. In the end, there will be only 100,000,000 MIRE left.

OUR TEAM
https://i.imgur.com/4ls7e7j.png

Roadmap
https://i.imgur.com/CFoziXd.jpg

Mire Coin Structure
https://i.imgur.com/ruQCeJm.png

https://i.imgur.com/MLxbtWg.png

If you have any question, feel free to contact us to [email protected]. You may find our whitepaper in this https://drive.google.com/file/d/1XYnAEqQTpPVpGJqDvrn0l0HQup9ER6IN/view. You may also download Mire Coin wallet https://github.com/miresmartchain/MIRE/releases.

Join us here :

Instagram : mirecoin
Twitter : miresmartchain
Fanpage : Mire Smartchain
Telegram Channel: https://t.me/mireofficial
Telegram Group Official Indonesia : @Mireindonesia
Telegram Group Official English : @mirecoinofficial
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