PowerSwitch is a blockchain used to monitor energy usage and save cost.
People paying their power supply (electricity, water, domestic gas...) via a meter (smart plugs) can adapt our prototype onto it. It will monitor your energy usage, searches the cheapest energy tariffs and switch suppliers quickly through our blockchain.
PowerSwitch token are also meant to be accepted as a payment token for your power bills.
Basic SpecificationsCoin Name : PowerSwitch Coin
Ticker : PWS
Coin Type : pure PoS
Algorithm : Scrypt
Detailed SpecificationsMax block size : 3 Mb
Block Time : 60 seconds approx
Blocks/Day : 1440
Minimum Stake Age : 2 hours
Coin maturity : 50 blocks
Max Supply : 100,000,000 PWS
Difficulty retarget : every block
Ports : Network 9333 - RPC 9332
Transaction : Super fast transactions
Eco-firendly : no mining, pure Proof-of-Stake
Low Premine : 2% total : 1% for Public sale - 1% for advertising
MasternodesMasternode collateral : 5000 PWS
Block Reward : 80% Masternodes, 20% Staking
Block Reward : Growing first year and staying two-digit numbers for 10 years
Marketcap after Public sale : around $68,000,000
Monthly gain after Public sale : ~2600$ first month, ~3800$ after 3 month, ~4700$ after 9 month (may vary on market fluctuation)
PWS Coin Distribution
Proof-of-Stake based blockchain rewards coin holders having a masternode of simply staking coins in their wallet.
PowerSwitch has a dynamic reward structure. The rewards changes as the block number increases. The rewards are split into 80% for Masternode and 20% for Staking. There is a Single wallet setup option for both staking and Masternode. This means that users do not need to worry about the staking of rewards, as the wallet does both Masternode services and gives rewards for coin staking too. The wallet can be used for multiple Masternodes and all the rewards can be auto staked automatically.
Here is a table describing rewards structure, growing fast during the first year to boost PowerSwitch coins mass adoption, staying lucrative for many years and slowly declining for next decades.
* Monthly value is calculated for 1 Masternode (5000 PWS), based on pre-sale average price.
** Calculations are made for 50 active Masternodes.
joint Discord :
https://discord.gg/NvJpg6
