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1  Alternate cryptocurrencies / Tokens (Altcoins) / [ANN] [MAINNET] Shipchain Mainnet goes live. Staking is open (5-20% APY) on: August 01, 2020, 02:59:45 PM
Hello everyone,

https://blog.shipchain.io/announcing-the-launch-of-shipchain-mainnet/
http://network.shipchain.io/login


ShipChain, a decentralized freight and logistics platform operating on Ethereum, announces that its mainnet, a public delegated Proof of Stake sidechain of the Ethereum network, is now live. This launch is a significant milestone toward achieving a modular system across the entire supply chain. ShipChain’s Track and Trace blockchain-based system, now available on its mainnet, brings complete transparency and visibility to the supply chain.

ShipChain uses a Delegated Proof of Stake (DPoS) consensus mechanism, and there are a number of high-performance validator nodes that help secure the network. The users of the network help choose the validators they want to run the network. They do this by “staking” or “delegating” their SHIP tokens to validators — that is, the users give validators their support by proxying their tokens to their preferred validators.

Any SHIP token holder can choose which validators it wishes to support.

Staking is critical to securing a DPoS network. By staking your SHIP tokens, you can help choose the most reliable and high-performance validators, and thus ensure the strongest possible security and performance for ShipChain. The more people who stake and actively contribute, the more decentralized and secure the chain.

Those who stake SHIP tokens in support of a validator participate in the SHIP token rewards earned by that validator.

A token holder can stake its tokens via the ShipChain Dashboard: http://network.shipchain.io/login


Here is a short preview of how to stake:
https://www.youtube.com/watch?v=F8X1PeHSizI

You can find a lot more details about what Shipchain is building on this FAQ:
https://medium.com/shipchain-un-official-community/what-the-faq-shipchain-e4eeacde447e


Bonus:
Watch your rewards coming in on the control panel of your Tesla!
https://twitter.com/shipmate01/status/1289572532807282688?s=20


Feel free to ask any questions to the Telegram community channel: https://t.me/shipchainunofficial

Talk to you soon
shipmateFRnl, node owner & validator.
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