[ANN] [WVP] [WAVEPAY] [PoW/PoS] [MASTERNODES]

The rapidly proliferating cryptocurrency ecosystem has brought its own set of problems of choice for investors and traders. There are coins that claim to be true inheritors of bitcoin founder Satoshi Nakamoto’s vision. There are privacy-focused coins. And there’s Wavepay.

SPECS

Algorithm: X11
Coin Name: WAVEPAY
Ticker: WVP
Total Supply: 25,000,000
Block time: 180 seconds
POS Min age: 24 hours
Confirmations: 6
Maturity: 100
Masternode Collateral: 50,000 WVP
POW end: Block 3,000,000
PoW & PoS Rewards: 1 WVP
Port: 5279
RPCport: 5299

DOWNLOADS

Windows: https://mega.nz/#!MM4CjQiJ!hezBMPdPxzQYFuwJjJ6knhtIke485gQioqcDXI1K8WQ
Linux: https://mega.nz/#!VJxUwDyA!_-1prj2tZmuIFqWzKUCHscmkPUs05MWYCtZAwANErd8

Wavepay has used economic incentive as a starting point and instituted a system of Masternodes to simplify the verification and validation of transactions. Masternodes are essentially full nodes with a starting stake “bond of collateral” of 50,000 WVP in their systems. This allows the users to pay for the services and earn a return on their investment.

Proof of work (POW) provides a simple algorithm that allows network nodes to vote or verify some updates of the Bitcoin ledger and allows a free entry to this process to solve the problem of who gets to influence the consensus with preventing attacks. POW alternates a formal barrier to participation, such as each single node power in the verifying process is depending on the computing power that the node brings. After that, problem of huge power and electricity fees began to appear in order to continue working with the proof of work, which led to a new alternative approach called proof of stake.

Proof of Stake (POS) is an approach that works through calculating the weight of a node according to its currency staking or holding only, which means more power and electricity saving. These two approaches, proof of work and proof of stake can be used for any Cryptocurrency. Each Transaction is being placed using a wallet (Linux wallet, Windows wallet, IOS Wallet, or Mobile Wallet) as a block in the Blockchain in order to be verified or voted among the nodes in the network, that is the Miners’ work in the Proof of Work and Stakers’ work in the Proof of stake. Transactions can be processed in less time depending on many people interested in mining and staking, allowing computers to verify nodes in the network so as to gain some profits, those verifying nodes make the network alive as long as there are active nodes in the peer to peer network.

EXPLORER

http://wavepay.us/

http://118.25.12.142:3333/

POOLS

http://zanpool.site/

Code:

daemon=1
server=1
listen=1
# no need to encrypted(lock) and unlock wallet for staking
# for stake use staking=1 and for disable stake use staking=0
staking=0
rpcuser=user_name
rpcpassword=password
rpcallowip=127.0.0.1
addnode=172.93.49.129:5279
addnode=88.99.201.58:4226
addnode=45.32.136.139:5279
port=5279
rpcport=5299

DISCORD

https://discordapp.com/invite/vJZRsHK

TELEGRAM

https://t.me/officialwavepay

EXCHANGES

*Coming Soon*