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Author Topic: [ANN] Qyno Coin blockchain financial ecosystem POW | Masternodes  (Read 34122 times)
Klacik
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July 28, 2018, 01:25:54 PM
 #881

And why is the Neo-script algorithm called the strongest algorithm? the network administrators gave arguments in favor of such an opinion? This is a very strong statement; accordingly, appropriate tests and evidence are needed
Yes, a second, I'll find it in white paper and send it here. It is unfortunate that the project participants (albeit supposed) do not read the white paper and do not want to delve into the documentation of the project
I am not an alleged participant, I just went to get acquainted with the functionality that the team of this project offers. I was very interested in this algorithm
It's good that you are interested in this, but there are a lot of such ambitious statements in the draft, including that this currency will be beaten by bitcoin as it is already old and exhausted!
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boomertoo
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July 28, 2018, 01:31:28 PM
 #882

A feature of the Neoscrypt mining algorithm is the requirement for the amount of compensation for the found block for all the crypto-currencies that are created on it. The volume is from 60 to 90 cryptocoins. Against the backdrop of minimal, but still growing their exchange value at key sites and relatively low complexity, the payback of farms with TOP-based video cards, with competent work and trade, reaches a mark of 6-9 months.
BTCFaucets
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July 28, 2018, 01:37:02 PM
 #883

By the way, the site of the project is given a slightly different definition of Masternodes, that's why I said that you should not always rely only on Google and other search engines!
amanai
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July 28, 2018, 01:40:28 PM
 #884

A feature of the Neoscrypt mining algorithm is the requirement for the amount of compensation for the found block for all the crypto-currencies that are created on it. The volume is from 60 to 90 cryptocoins. Against the backdrop of minimal, but still growing their exchange value at key sites and relatively low complexity, the payback of farms with TOP-based video cards, with competent work and trade, reaches a mark of 6-9 months.
That is, in fact, it is an old algorithm that is simply called differently, but in fact it performs the same functions with minimal functional changes, right?
Klacik
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July 28, 2018, 06:44:23 PM
 #885

By the way, the site of the project is given a slightly different definition of Masternodes, that's why I said that you should not always rely only on Google and other search engines!
there it is written absolutely the same, do not deceive people! Maybe the words have a slightly different order, but it does not matter. Try to read again
BTCFaucets
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July 28, 2018, 06:50:31 PM
 #886

What is a Masternode
Perhaps you've heard of masternodes but are still unclear on what exactly they are and why they're the hottest properties in cryptocurrency. Masternodes provide next-level validation for blockchain networks in ways that standard mining can not, as well as enabling functions beyond what standard proof of work algorithms are capable of. But, how do they work? Essentially, masternodes are decentralized servers which host a wallet holding the masternode-enabled cryptocurrency within.

These distributed masternodes perform tasks for the network such as:

Adding layers of anonymity
Instantly sending/receiving transactions
Enabling decentralized governance models wherein masternode owners vote and make network decisions
Provide financial incentive to masternode operators by providing them a return for the number of coins staked in the node
The last point is most salient for prospective masternode operators. Similar to proof-of-stake blockchains which reward users with a return for staking their tokens to validate the network, users must buy a set amount of coins to own and operate a masternode, thus becoming entitled to the passive income generated by the masternode as it performs work for the network. Qyno is just such a coin with an industry-high 90% block reward payout going to masternode operators.
boomertoo
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July 28, 2018, 06:56:04 PM
 #887

I think that the Internet will help even more than the description on the project's website. Try using search engines to solve your question. No, Neoscript is not exactly the same. Although designed on the old platform PoW
Klacik
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July 28, 2018, 07:00:07 PM
 #888

What is a Masternode
Perhaps you've heard of masternodes but are still unclear on what exactly they are and why they're the hottest properties in cryptocurrency. Masternodes provide next-level validation for blockchain networks in ways that standard mining can not, as well as enabling functions beyond what standard proof of work algorithms are capable of. But, how do they work? Essentially, masternodes are decentralized servers which host a wallet holding the masternode-enabled cryptocurrency within.

These distributed masternodes perform tasks for the network such as:

Adding layers of anonymity
Instantly sending/receiving transactions
Enabling decentralized governance models wherein masternode owners vote and make network decisions
Provide financial incentive to masternode operators by providing them a return for the number of coins staked in the node
The last point is most salient for prospective masternode operators. Similar to proof-of-stake blockchains which reward users with a return for staking their tokens to validate the network, users must buy a set amount of coins to own and operate a masternode, thus becoming entitled to the passive income generated by the masternode as it performs work for the network. Qyno is just such a coin with an industry-high 90% block reward payout going to masternode operators.
It's good that you know how to search for text walls, copy and paste them on the forum, but I do not agree with you: it says the same thing, only more extensive, that's all!
amanai
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July 28, 2018, 07:05:22 PM
 #889


It's good that you know how to search for text walls, copy and paste them on the forum, but I do not agree with you: it says the same thing, only more extensive, that's all!
He's all right, do not talk in vain. What you wrote above is the right definition, but it does not apply to the project in a way that the guy threw off.
boomertoo
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July 28, 2018, 07:10:27 PM
 #890

Yes, I agree with the majority opinion! The wall of text is better than the lack of information, it is useless to argue here! I believe that a beautifully written definition should be long
BTCFaucets
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July 28, 2018, 07:15:58 PM
 #891

Yes, I agree with the majority opinion! The wall of text is better than the lack of information, it is useless to argue here! I believe that a beautifully written definition should be long
No, brevity is the sister of talent, I always thought so. I wrote a big paragraph about what masternode means, so that one of the newcomers did not repeat my mistake. I hope that this will be useful for someone
amanai
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July 28, 2018, 07:20:33 PM
 #892

Yes, I agree with the majority opinion! The wall of text is better than the lack of information, it is useless to argue here! I believe that a beautifully written definition should be long
No, brevity is the sister of talent, I always thought so. I wrote a big paragraph about what masternode means, so that one of the newcomers did not repeat my mistake. I hope that this will be useful for someone
Do you really think that all the newcomers first of all read the forum? It seems to me that this is far from the case. The user gets to the forum after visiting the site, as a rule, and not vice versa
boomertoo
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July 28, 2018, 07:25:41 PM
 #893

Yes, I agree with the majority opinion! The wall of text is better than the lack of information, it is useless to argue here! I believe that a beautifully written definition should be long
No, brevity is the sister of talent, I always thought so. I wrote a big paragraph about what masternode means, so that one of the newcomers did not repeat my mistake. I hope that this will be useful for someone
Do you really think that all the newcomers first of all read the forum? It seems to me that this is far from the case. The user gets to the forum after visiting the site, as a rule, and not vice versa
But you yourself are an example of how a user, without going to the site, asked the members of the forum how this or that technology works. It turns out that this is the basis for the forum. People get ready solutions and answers to their questions here
BTCFaucets
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July 28, 2018, 07:29:18 PM
 #894

But in fact, I believe that the project is pleasant and easy to use. the project site even has a short but accessible instruction on how to properly use the services of the service
amanai
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July 28, 2018, 07:34:47 PM
 #895

But in fact, I believe that the project is pleasant and easy to use. the project site even has a short but accessible instruction on how to properly use the services of the service
These services consist of three buttons. It confuses me, because there is no income without action. If there is income and there is no basis for it - then it is very conditional and temporary. That is, it will not be long before income ends.
boomertoo
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July 28, 2018, 07:39:53 PM
 #896

But in fact, I believe that the project is pleasant and easy to use. the project site even has a short but accessible instruction on how to properly use the services of the service
These services consist of three buttons. It confuses me, because there is no income without action. If there is income and there is no basis for it - then it is very conditional and temporary. That is, it will not be long before income ends.
I do not think so, because otherwise the ALL crypto-currency game would have ended long ago, but it exists!
Klacik
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July 28, 2018, 07:43:25 PM
 #897

I like that the service does not represent the interface fuzziness, or the complication of simple functions, the accumulation of unnecessary names and so on!
a1471989
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July 28, 2018, 09:09:00 PM
 #898

Hey, everyone! I guess qynocoin is awesome opportunity to earn some coins and change your financial status. I think it will be very interesting for startups and beginning ico developers.
Nice thought but there will be a lot of circumstances that can be a problem for them. I like qynocoin but I don’t know about startups and icos. I hope that you are right and people will be able to collect enough funds for their projects.
bitokman
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July 28, 2018, 09:15:13 PM
 #899

Hey, everyone! I guess qynocoin is awesome opportunity to earn some coins and change your financial status. I think it will be very interesting for startups and beginning ico developers.
Nice thought but there will be a lot of circumstances that can be a problem for them. I like qynocoin but I don’t know about startups and icos. I hope that you are right and people will be able to collect enough funds for their projects.
What kind of circumstances do you mean? I think that developers show great results and community really support this project. I don’t think that something could go wrong.
a1471989
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July 28, 2018, 09:21:43 PM
 #900

Hey, everyone! I guess qynocoin is awesome opportunity to earn some coins and change your financial status. I think it will be very interesting for startups and beginning ico developers.
Nice thought but there will be a lot of circumstances that can be a problem for them. I like qynocoin but I don’t know about startups and icos. I hope that you are right and people will be able to collect enough funds for their projects.
What kind of circumstances do you mean? I think that developers show great results and community really support this project. I don’t think that something could go wrong.
It is nice that you are so sure about this project. I follow this project for a long time and I still don’t have a certain opinion about it. I mean that first of all, to make qyno coins an asset for using in project development coin needs to be listed on the exchange.
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