[PRE-ANN][ZNP] ZonePay ICO POW/POS 30 sec blocks Masternodes [ZNP][PRE-ANN] - page 5.

Nightz

hero member

Activity: 1316

Merit: 504

Quote from: GREEDYJOHN on March 21, 2016, 04:49:23 AM

Got you here, I will read through this later.

Nice to see you around mate Wink

and no worries it won't be disappearing

Quote from: AltcoinSteps on March 21, 2016, 04:53:23 AM

masternode payment is 10 ZNP but POS is 3% yearly, maybe consider increasing POS rate, with this rate people will only make MNs

You will need 10k for 1 masternode, There will be 1mill ico coins meaning that can set up 100 masternodes

If that happened then the coin would become scarce due to the only coins being out there are from Pow Mining Wink

it will help the network and the market alike.

And i did state the REWARDS will not be changed Wink

AltcoinSteps

sr. member

Activity: 322

Merit: 250

Let's make a new altcoin environment.

masternode payment is 10 ZNP but POS is 3% yearly, maybe consider increasing POS rate, with this rate people will only make MNs

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

Got you here, I will read through this later.

Nightz

hero member

Activity: 1316

Merit: 504

Quote from: davide72 on March 21, 2016, 04:32:01 AM

Hi dev ,any bounty for translating? thanks!

Hi just had email about Spanish Ann, And yes there will be bounties for stuff like that I would presume just after i released. If you pm i will have message so i do not forget Wink

davide72

legendary

Activity: 2226

Merit: 1014

Hi dev ,any bounty for translating? thanks!

Nightz

hero member

Activity: 1316

Merit: 504

All wallets & src code along with a Block Ex will be released at the same time as the ICO starts and yes We have pow mining Cheesy

till block 50k Wink

Nightz

hero member

Activity: 1316

Merit: 504

Quote from: kampretkabur on March 21, 2016, 04:13:01 AM

YOBIT ICO?

I Hope not lol I will probably use an Escrow person rather than yobit. I get it's good because of an exchange listing but apart from that most ico's on there are bolox or ripp-off's and don't go anywhere most of the time Wink

kampretkabur

hero member

Activity: 742

Merit: 500

YOBIT ICO?

Nightz

hero member

Activity: 1316

Merit: 504

**RESERVED**

Nightz

hero member

Activity: 1316

Merit: 504

Name: Zone-Pay
Ticker: ZNP
Type: Pow/Pos
Algo: Sha256d
Max Money: 50,000,000 coins

We Aim to have a Fast Network
We Aim to have a Stable Network
We Aim to have a Secure Network

We Aim to be Adopted with only changes to the code what are required, with 0 changes to rewards or
anything that could jeopardise this network and it's users

We see ZonePays block speed & timings ensure that our chain itself and any transactions should roll through smoothly and efficiently enough so there is no humongous waiting times for transactions nor your reward times , We see no need for all this and that just want a nice stable and fast coin that people can rely on that's the way to success we think well that and making it easier for people to use/understand of course

Checkpoint Span: 50,000 Blocks
DB Cache Size is set to 1024 MB as Default

Stealth Addresses

ICO Coins: 1,000,000
Ico Price: the max price per 1 coin is 0.00002500 there is no minimum price until the ico has finished
Ico Total: 25 btc

No Coins out the 1,000,000 Ico funds will be burnt. If we do not reach 25btc then the base price will be 1,000,000 / Amount raised

Well we as all you know to well you have to spend money to get the things you want/need faster. If we distribute our coins through an ico it ensures active interest into the project itself.

Funds Will be Used For:

Android Wallet, IOS Wallet & Blackberry Wallet (For wider spread use)

Multipool Listing for when PoW has ended (For market support)

Dice, Wheel & any other games / casino's (To bring a little fun)

Hiring Help if/when needed (For your & my peace of mind knowing we can get things done faster/better)

Online Web Wallet

New Developments

Instantx signatures required is set to 5 blocks
Instantx signatures required total is set to 15 blocks

Masternode minimum confirmations is set to 5 blocks
Masternode Reward has been set to a fixed rate of 10 ZNP

We would say the easiest way for this is if you have a masternode wallet.dat & your other wallet.dat so you can send 10,000 coins exactly to your masternode wallet from your wallet.

Select the Masternode tab from the left hand side menu
Then select My Master Nodes
Then press create
Insert your alias name as requested
insert your ip address along with the port as requested ie 123.456.789.000:9999
Then press ok
You should now see a masternode on the list infront of you
copy the address to notepad or your preffered txt editor
Now press Get Config
copy/paste the Masternode Priv Key & your address and paste them into the masternode.conf below
send exactly 10,000 coins with the standard tx fee nothing more nothing less to the masternode address you copied
wait for it to confirm in the blockchain
Now make sure you have opened your port in Firewall / router if you have one

Running Masternode

Way 1

Goto Masternode Tabs on the left hand menu
And press start

Way 2

Goto console in the debug window
Type masternode start

If you have an Encrypted wallet
Type masternode start PASSWORDHERE

To see the status of your masternode
Type masternode list

masternode.conf

Code:

maxconnections=100
rpcuser=YOURUSERNAMEHERE
rpcpassword=YOURPASSWORDHERE
rpcport=23444
gen=0
staking=0
listen=0
server=1
daemon=1
port=9999
reservebalance=9999999
logtimestamps=1
masternodeaddr=YOURIP:9999
masternode=1
masternodeprivkey=YOURPRIVATEKEY

If you are still unsure then please see Starin's Guide here -> http://mycrave.org/forums/index.php?threads/how-to-setup-a-masternode.3/

ZonePay required amount for Darksend Collateral is: 10,000
ZonePay required amount for Darksend fee: 0.001
ZonePay required amount for Darksend Pool Max: 1,000,000

Proof Of Work/Stake Block Time is set to 30 seconds
Proof Of Work/Stake Target spacing = 30 seconds
Proof Of Work/Stake Target Timespan: 6 minutes
Proof Of Work/Stake Modifier Interval: 12 minutes

The minimum required confirmations for any Mined coins to be spent/used is 51 blocks

Block 1 = 1,000,000 ICO Funds
Block 2 - 500 = 0 Per Block (Anti Instamine)
Block 500 - 50,000 = 0.5 per block totalling 25,000 Coins

The last Proof of Work block the network will accept is set to 50,000 after this point Proof of Work will cease

Proof of Stake is set to start at Block 100

The minimum Stake Age required for coins to stake is set to 1 hour.
(We have tested staking and can confirm it works & you only need to wait an hour to be able to stake not the usual 24 hour's)

The minimum required confirmations for any Staked coins to be spent/used is 51 blocks

The Proof of Stake interest at which ZonePay is set to is 3% Per Annual Year

The Transaction Fee for ZonePay is set to 0.001 ZNP

The Minimum Confirmations Required for a Transaction to be fully confirmed is 2 Blocks

zonepay.conf

Code:

rpcuser=YOURUSERNAMEHERE
rpcpassword=YOURPASSWORDHERE
rpcport=23444
listen=1
server=1
daemon=1

SIDE PROJECTS

Node Provider ?? BTC

Coin Building (Pow, Pow/Pos, Pos) ?? BTC

Coin Building with feaures ie (Masternodes, Messaging, Webkit/Websites in wallet, Radio etc) ?? BTC

Windows Wallet ?? BTC

Linux Ubuntu Wallet ?? BTC (Can do soon as got my Ubuntu sys back )

Block Explorer ?? BTC (Can do soon as got my Ubuntu sys back )

Both windows and ubuntu wallets can be built statically or dynamically depending on what you need, If dynamic I can create an installer to make the process easier.

All side project Funds will be put Into ZonePay

Topic: [PRE-ANN][ZNP] ZonePay ICO POW/POS 30 sec blocks Masternodes [ZNP][PRE-ANN] - page 5. (Read 6457 times)