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

[Nightz]

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

[Nightz]

**RESERVED**

[kampretkabur]

YOBIT ICO?

[Nightz]

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

[Nightz]

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 till block 50k

[davide72]

Hi dev ,any bounty for translating? thanks!

[Nightz]

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

[GREEDYJOHN]

Got you here, I will read through this later.

[AltcoinSteps]

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

[Nightz]

Got you here, I will read through this later.

Nice to see you around mate and no worries it won't be disappearing

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

it will help the network and the market alike.

And i did state the REWARDS will not be changed

[anehh]

Interested !
Where is ICO underway?

[GREEDYJOHN]

Got you here, I will read through this later.

Nice to see you around mate and no worries it won't be disappearing

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

it will help the network and the market alike.

And i did state the REWARDS will not be changed

How many coins will exist before POS commences?

Is it 1m ICO + 25K pow = 1,025,000 coins?

Please correct me if I am wrong?

[Nightz]

Got you here, I will read through this later.

Nice to see you around mate and no worries it won't be disappearing

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

it will help the network and the market alike.

And i did state the REWARDS will not be changed

How many coins will exist before POS commences?

Is it 1m ICO + 25K pow = 1,025,000 coins?

Please correct me if I am wrong?

Pos Starts at block 100
Pow stops at block 50,000

Now Pos has already started hence why you see the amount 1000007.17327213

So 1,000,000 coins staked produced 7.17327213 just after around 3hour's after i mined the first block with those coins in.

When it launches Pos & Pow will be running along side each other up until block 50,000

And Yes 1,000,000 is for the ico The only other coins that can be made are those from pow until the ico has ended and coins distributed

[kampretkabur]

so the POS n masternodes is online now, n when will the ico n POW starts?

[Nightz]

so the POS n masternodes is online now, n when will the ico n POW starts?

Yes Proof of stake and masternodes are both online. So when launched the only coins that will exist is those created from pow mining until ico is finished.

The ico will Run for 5 Days if we reach the 25btc sooner it will be closed upon that moment if we do not reach 25btc it will run the full 5 days then will be split 1,000,000 / BTC raised

Estimate the ICO to start in the next 2 - 3 days but could be sooner I will notify all of that tho

Pow Starts at the same time the ico does

[Nightz]

Can I get some PM'S off Mining Pools or am I going to have to PM you :p

[GREEDYJOHN]

Can I get some PM'S off Mining Pools or am I going to have to PM you :p

Does it mean that 25,000 ZNP will be created by POW mining?

We need a block explorer before anything really commences.

[Nightz]

Can I get some PM'S off Mining Pools or am I going to have to PM you :p

Does it mean that 25,000 ZNP will be created by POW mining?

We need a block explorer before anything really commences.

Yes and already one step ahead mate read my post up

I said all wallets, source code & block ex will be released at the same time as the ico

[GREEDYJOHN]

Can I get some PM'S off Mining Pools or am I going to have to PM you :p

Does it mean that 25,000 ZNP will be created by POW mining?

We need a block explorer before anything really commences.

Yes and already one step ahead mate read my post up

I said all wallets, source code & block ex will be released at the same time as the ico

Do you have an ESCROW MEMBER that will monitor this ICO?

[Nightz]

Can I get some PM'S off Mining Pools or am I going to have to PM you :p

Does it mean that 25,000 ZNP will be created by POW mining?

We need a block explorer before anything really commences.

Yes and already one step ahead mate read my post up

I said all wallets, source code & block ex will be released at the same time as the ico

Do you have an ESCROW MEMBER that will monitor this ICO?

I Will have yes