snoxdj (OP)
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February 03, 2018, 12:20:46 AM Last edit: March 11, 2018, 01:09:11 AM by snoxdj |
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◢◤ SNX SNX uses Proof of Work ( just 1 month ) and Proof of Stake technology to confirm transactions and keep the blockchain moving. This dramatically minimizes the impact on the environment, and allows anyone to participate, without the need for expensive mining gear. ______________________________________________________ SwiftX SwiftX is a service that allows for near-instant transactions. Through this system, inputs can be locked to only specific transactions and verified by consensus of the Masternode network. Conflicting transactions and blocks are rejected. If a consensus cannot be reached, validation of the transaction occurs through standard block confirmation. SwiftX solves the double-spending problem without the need for longer confirmation times of other cryptocurriencies such as Bitcoin.
| ______________________________________________________ SeeSaw Reward Mechanism The SeeSaw mechanism assures a healthy balance of stakers and Masternodes on the network by incentivising one or the other more based on the current network need. If there are not enough stakers a higher percentage of the block reward will be given to them than Masternodes, and vice versa until the appropriate balance is once again achieved.
Proof of Stake SNX uses Proof of Stake technology to confirm transactions and keep the blockchain moving. This dramatically minimizes the impact on the environment, and allows anyone to participate, without the need for expensive mining gear.
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Masternode Network Masternodes are full nodes, just like in the Bitcoin network, except that they provide a level of service to the network and required collateral to participate. Collateral is never forfeit and is safe while the Masternode is operating. This allows investors to provide a service to the network, earn interest on their investment and reduce the volatility of the currency. In order to run a masternode, you're required to have 10 000 SNX and a static IP address.
Due to the nature of the Masternode rewards, the amount that you are going to receive is dependent on the total count of active Masternodes.
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https://i.imgur.com/jEJ9zvP.pngTicker Symbol SNX Algorithm Quark Type Proof of Work 30 Days Then Proof of Stake Block Time 300 Seconds (5 mins) Difficulty Retargeting Every Block Max Coin Supply (PoS) 50,000,000 Premine/Initial Supply 4.2% SNX* SNX Created Per block 10 SNX incrementing 2 SNX each Week for 6 Months. Reward Method SeeSaw Reward System PoS/PoW Block Details Proof Of Work Phase 1-8065 Blocks (1 Month) Proof of Stake Phase 8066-infinite Staking Methods Masternodes Yes – 10,000 SNX Required Wallet Staking Yes – 1 to infinite SNX SNX Reward system is designed to increase the block rewards EVERY WEEK instead of decreasing. Starting with 10 SNX in the first Week, ending with 60 SNX per block 6 months later. https://i.imgur.com/lplOu0V.jpgFebruary-March 2018 Road Map https://i.imgur.com/XhYv0b9.jpghttps://i.imgur.com/kO7m7rj.pngIn order to have a Successfull coin, SNX will start an ICO (initial coin offering) campaign. With the ICO campaign we will raise enough funds to get listed in a high volume exchange. Also other Services will be contracted. Please contact any of our Developers in the discord channel or use the Chat in our Website to participate in the ICO. SNX initial price: 0.25usd per coin. https://i.imgur.com/aZicxvy.pnghttps://i.imgur.com/3g2WxT3.pngWebsite: http://www.snxproject.comTwitter: https://twitter.com/snxxprojectDiscord: https://discord.gg/DfZkpmXGithub: https://github.com/ipedrero/snx Faucet: http://snxfaucet.unyun.cn/ https://i.imgur.com/GmfY436.pngExchange Live
https://graviex.net/markets/snxbtc
https://i.imgur.com/0yWyhcZ.png
https://i.imgur.com/gwDtcQL.png
https://snx.overemo.com/ (Working fine Feb-17-2018)
http://snx.expool.xyz/ (Working fine Feb-17-2018)
http://snx.unyun.cn/ (Working fine Feb-17-2018)
https://i.imgur.com/vnvC0JL.png
Proof of Work has Ended, Now we are Proof of Stake Only.
you can buy coins at: https://graviex.net/markets/snxbtc
https://i.imgur.com/okKv1yQ.png
Open Bountys
Block Explorer 1500 SNX ( available: 4 claimed: 4 )
Pools 1500 SNX (Available: 4 claimed: 4 )
Mpos Pools 1500 SNX (Available: 1 claimed: 1 )
Faucet 800 SNX (available: 1 Claimed: 1 )
Translations Rules- translations must be an exact copy of this post and google translator is not accepted.
Chinese: 500 SNX Spanish: 500 SNX Portuguese: 500 SNX Russian: 500 SNX (Claimed) Japanese: 500 SNX Italian: 500 SNX (Claimed) turkish: 500 SNX German: 500 SNX Swedish: 500 SNX Polish: 500 SNX Croatian: 500 SNX
Other language please send pm to snoxdj.
Marketing
Post announcement in Cryptocointalk: 200 SNX Post in other altcoin forums: 200 SNX Post in Japanese forums: 200 SNX Post in Chinese Forums: 200 SNX
https://i.imgur.com/GmfY436.png
Exchanges will be announced after ICO Phase ends
Airdrop Terms and Conditions
The Airdrop will run from the 5.02.2018 to the 05.02.2019
The payments are usually sent out every Monday. If I'm unavailable for whatever reason, the payments will be sent out as soon as possible. The maximum number of users is 500 Users. We will pay out a maximum of 2000 SNX per week (104 000 SNX all airdrop). The paid out amount will be proportionally distributed among all users . It is also possible that there will be additional payouts during public holidays. You need to be a Jr Member or above on Bitcointalk. Alt accounts are not allowed and will result in a permanent ban from the airdrop. If you are inactive on Bitcointalk for 2 months (no posts), you will be removed from the airdrop. In this case, you will have to re-apply and you will be added back into the list. Also You need to be an ACTIVE MEMBER in out DISCORD channel in order to receive payments. How to register? Join Discord Chat Group (with the same bitcointalk username). Send a PM to Parn on Discord chat. Send him a PM with this format, he will review your account.
PM/Post Format: Username Bitcointalk: Username Discord: Bitcointalk profillink: Example https://bitcointalk.org/index.php?action=profile;u=1337 SNX Address: We recommend not to use Exchanges or mobile Apps!
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7d2mine
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February 03, 2018, 12:24:35 AM |
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Will watch this. Any chance of having a pool ready at launch? I dunno why so many coins don't do this nowadays... it used to be pretty standard there would be 1-3 pools ready right at launch. Seems better/fairer than having everyone solo mine initially...
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xvgrkt
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February 03, 2018, 12:29:32 AM |
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Can you confirm:
Max Coin Supply (PoS) 50,000,0000
500m or 50m ? there is an extra zero, and no extra commas.
thanks.
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MorpheusM
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February 03, 2018, 12:30:13 AM |
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German translation reserved
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snoxdj (OP)
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February 03, 2018, 12:30:58 AM |
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Will watch this. Any chance of having a pool ready at launch? I dunno why so many coins don't do this nowadays... it used to be pretty standard there would be 1-3 pools ready right at launch. Seems better/fairer than having everyone solo mine initially...
There will be a Pool ready at launch dont worry! Can you confirm:
Max Coin Supply (PoS) 50,000,0000
500m or 50m ? there is an extra zero, and no extra commas.
thanks.
sorry, my apologies, its 50 million. ill correct the number right now.
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momopeach
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February 03, 2018, 12:32:50 AM |
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interested. awaiting for more detail on pool.
also, THAI translation reserved.
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rulez
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February 03, 2018, 12:35:42 AM |
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If you need translation to croatian I reserve
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jiang2897
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February 03, 2018, 12:38:50 AM |
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Where do you download the wallet?
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genthefirst
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February 03, 2018, 12:47:46 AM |
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BSOD.PW? I think - yes!
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snoxdj (OP)
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February 03, 2018, 12:48:17 AM |
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Where do you download the wallet?
they will be available at launch. regards!
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vuppie0
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February 03, 2018, 12:49:28 AM |
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Watching
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ThemonkiiX
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February 03, 2018, 12:54:35 AM |
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watching, will pay attention to this project.
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unmaker
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February 03, 2018, 01:06:18 AM |
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Reserved for vietnamese translation I hope you guys are real coin to investment not scammer . I will follow you !
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bricktop8
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StasyQ
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February 03, 2018, 02:33:08 AM |
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Hi,
Can you tell us the exact amount of premine?
Also how many coins will be created during POW?
Thank you and good luck!
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snoxdj (OP)
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February 03, 2018, 04:15:07 AM |
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Hi,
Can you tell us the exact amount of premine?
Also how many coins will be created during POW?
Thank you and good luck!
Max supply is 50,000,000 Premine: 4.2% = 2,100,000 Pow Produced Coins APPROX in 1 Month = 103,680 Coins that will be sold in ICO Phase = 1,000,000 = 100 MN Coins to be Given in Airdrop in 1 year= 96,000 Coins to be used in Bountys= 50,000 Coins that will be used for Development and Services = 1,054,000 thanks for your interest in SNX!
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MacronMiner
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Scam Hunter
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February 03, 2018, 09:23:19 AM |
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Could you tell us how is distributed the premine ? All for the ICO ?
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pomestnik
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February 03, 2018, 12:22:56 PM |
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Will watching for this project
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lilac835
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Chinese Translator
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February 03, 2018, 12:27:18 PM |
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I like to translate ANN to chinese,any interest?
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encryptblockr
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February 03, 2018, 03:25:40 PM |
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masternode support reserved
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