Oxid Coin-base to Crypto Portal

MinGoler

New Member
Jul 22, 2018
9
1
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

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


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




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