Title: PowerSwitch Post by: cadeck on October 24, 2018, 10:51:31 AM PowerSwitch is a blockchain used to monitor energy usage and save cost. People paying their power supply (electricity, water, domestic gas...) via a meter (smart plugs) can adapt our prototype onto it. It will monitor your energy usage, searches the cheapest energy tariffs and switch suppliers quickly through our blockchain. PowerSwitch token are also meant to be accepted as a payment token for your power bills. Basic Specifications Coin Name : PowerSwitch Coin Ticker : PWS Coin Type : pure PoS Algorithm : Scrypt Detailed Specifications Max block size : 3 Mb Block Time : 60 seconds approx Blocks/Day : 1440 Minimum Stake Age : 2 hours Coin maturity : 50 blocks Max Supply : 100,000,000 PWS Difficulty retarget : every block Ports : Network 9333 - RPC 9332 Transaction : Super fast transactions Eco-firendly : no mining, pure Proof-of-Stake Low Premine : 2% total : 1% for Public sale - 1% for advertising Masternodes Masternode collateral : 5000 PWS Block Reward : 80% Masternodes, 20% Staking Block Reward : Growing first year and staying two-digit numbers for 10 years Marketcap after Public sale : around $68,000,000 Monthly gain after Public sale : ~2600$ first month, ~3800$ after 3 month, ~4700$ after 9 month (may vary on market fluctuation) PWS Coin Distribution Proof-of-Stake based blockchain rewards coin holders having a masternode of simply staking coins in their wallet. PowerSwitch has a dynamic reward structure. The rewards changes as the block number increases. The rewards are split into 80% for Masternode and 20% for Staking. There is a Single wallet setup option for both staking and Masternode. This means that users do not need to worry about the staking of rewards, as the wallet does both Masternode services and gives rewards for coin staking too. The wallet can be used for multiple Masternodes and all the rewards can be auto staked automatically. Here is a table describing rewards structure, growing fast during the first year to boost PowerSwitch coins mass adoption, staying lucrative for many years and slowly declining for next decades. * Monthly value is calculated for 1 Masternode (5000 PWS), based on pre-sale average price. ** Calculations are made for 50 active Masternodes. joint Discord : https://discord.gg/NvJpg6 |