PoW/PoS/Masternodes/Supernodes Oxid Coin-base to Crypto Portal



  • What is Oxid Coin?

    Site: https://oxid.io
    conductor: http://explorer.oxid.io:3001
    Twitter: https://twitter.com/oxidcoin
    discord: https://discord.gg/NucWZP2
    wallets: https://github.com/Oxidcoin-ex/Oxid/blob/master/oxid-1.0.12-win.rar?raw=true

    by default, the nodes

    addnode=seed1.oxid.io
    addnode=seed2.oxid.io
    [​IMG]
    Oxide coin is a decentralized cryptocurrency that uses peer-to-peer technology to work with a Supervisory authority or Central Bank.

    Oxid Coin is the basis for a Decentralized Crypto-OXIDEX portal running on the network of Miners, Takingover nodes, and Supernodes Masternodes. Miners helped to start the BL blockchain and will support the network to complete the transition of the proof of share (POS). The stacking nodes protect the network through a POS mechanism. Masternodes and Supernodes are the backbone to the Oxid network storing and serving the BL blockchain to users as well as checking transactions.

    Our goal is to build Crypto-portal (called OXIDEX) with applications for our users, to invest, trade and have a place in the market to buy and sell goods, as well as escrow service to protect users.

    As we progress, we will be adding new applications and looking for partners, striving to make a complete service with a cryptocurrency solution.

    Masternodes

    OXID Masternodes several network servers permanently connected to the network and combination and performs service functions such as checking, storing and serving the blockchain to users. The backbone of the Masternodes to the network Oxid.

    Anyone who has 5000 OXID can set up and use the Oxid Blockchain Masternode, which helps to provide additional security, reliability and performance of the blockchain. For their dedicated service Masternode receive a portion of each produced Oxide block as a reward.

    Supernode

    Supernode is a kind of masterodes that get much higher rewards for providing stability and security in the blockchain. Anyone with 25000 OXID can configure and manage Supernode.

    Mastered and the Supernode block payments explained

    There will be only 1 reward per block randomly selected between Masternodes and Supernodes. For example, if Masternode is rewarded for a particular block, then the total block reward will be POW, POS and masternode rewards added together. FF Supernode is rewarded for a certain block, then the total block reward will be POW, POS and supernode rewards added together.

    Masternodes and Supernode have the same probability of getting a block reward.

    OXID Specification

    name: OXID
    symbol: OXID
    algorithm: scrypt
    coin Type: PR | pic / Masternodes | Supernode
    unit time: 120 sec.
    Maturity: 10 blocks
    Max supply coin: 89,000,000
    pow unit reward: 0.5-3 oxide
    pic unit reward: 1 - 2 - 0.25 OXID
    Mastered the award for the block: 3 - 8 - 1 OXID
    The supernode reward per block: 24 - 48 - 6 OXID
    Pledge master: 5,000 OXID
    Overhouse of pledge: 25,000 OXID
    Cola, min age: 2 hours
    PreMain: 2.98% (2,650,000) to be used for sharing, marketing, development, bounties, dropping
    the bid unit start-up: 1,001
    Masternodes start of block: 1,001
    Supernodes unit start-up: 5,001

    default port: 18932
    RPC port: 18933
    test mode, default port: 18942
    test mode RPC port: 18943

    Rewards
    [​IMG]

    block 1 2,650,000 (2.98% PreMain)
    Unit 2-1,000 0.5 OXID
    1.001 - 20,000 units 1 OXID
    unit 20,001 - 50,000 2 OXID
    blocks 50,001 - 100,000 3 OXID

    POS mining

    units 1,001 - 5,000 1 OXID
    unit 5,001 - 10,000 1.5 OXID
    unit 10,001 - 20,000 1.75 OXID
    unit 20,001 - 262,800 2 OXID
    blocks 262,801 - 525,600 1 OXID
    unit 525,601 - 788,400 0.5 OXID
    units 788,401 and up to 0.25 OXID

    Master node

    unit 1,001 - 5,000 3 OXID
    unit 5,001 - 10,000 4 OXID
    blocks 10,001 - 20,000 6 OXID
    unit 20,001 - 262,800 8 OXID
    unit 262,801 - 525,600 4 OXID
    blocks 525,601 - 788,400 2 OXID
    units 788,401 and up to 1 OXID

    Supernode

    unit 5,001 - 10,000 24 OXID
    unit 10,001 - 20,000 36 OXID
    unit 20,001 - 262,800 48 OXID
    unit 262,801 - 525,600 24 OXID
    unit 525,601 - 788,400 12 OXID
    unit 788,401 to the 6th OXID

    [​IMG]

    Site: https://oxid.io
    conductor: http://explorer.oxid.io:3001
    Twitter: https://twitter.com/oxidcoin
    discord: https://discord.gg/NucWZP2
    wallets: https://github.com/Oxidcoin-ex/Oxid/blob/master/oxid-1.0.12-win.rar?raw=true

    by default, the nodes

    addnode=seed1.oxid.io
    addnode=seed2.oxid.io


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