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What is SpaceXpanse ROD coin?

SpaceXpanse ROD coin is the native cryptocurrency of the SpaceXpanse Multiverse platform. And the ROD blockchain and its core wallet serve as the foundational layer in the platform, providing essential functions such as secure value storage, transaction processing, mining, and network connectivity for users to interact with the blockchain network. Additionally, the ROD core wallet serves as a tool for users to manage their ROD holdings and participate in various activities within the platform, further enhancing its utility.

See more about the platform here.

What does SpaceXpanse ROD blockchain do?

✔ Create, store and transact its main cryptocurrency - ROD coins, fungible and nonfungible tokens /NFTs/.
✔ Support two PoW algorithms: neoscrypt-xaya and SHA-256d - for merged mining, generating blocks every 30 seconds in 3 to 1 ratio.
✔ Grant halving the block reward every year for 5 years, then ~3% annual inflation of the block reward for 59 years.
✔ Allow register and transfer of arbitrary names /digital IDs/ for trustless user identification, which can hold and transfer value.
✔ Provide fare amount of secure data storage in every block, delivering possibility for near real-time communication between the nodes.
✔ Support Atomic trading for exchange of in-game assets (fungible currencies as well as non-fungible items) in a trustless manner.
✔ Possess Play-to-Earn functionality, which allows a part of the block rewards to be "placed" inside a decentralized application /DApp/, where users can pick/win them up and bank them to their on-chain address. /WIP/

What do we want to achieve?
By putting the crypto technology back on track, we are making a self-sustaining virtual environment, which we called SpaceXpanse Multiverse, where people can communicate, create, have fun, and which can be easily accessed by anyone from anywhere.

How we will make it happen?
The whole project will be carefully structured and will gradually broaden the scope of its tasks in a span of four years to avoid any roadblocks on its path.

COIN SPECIFICATION

Name: SpaceXpanse
Ticker: ROD
Symbol: Ɍ
Address Letter: R
Address Header: 60
P2SH Header: 75
Port: 11998
RPC Port: 11999
Algorithm: neoscrypt-xaya and SHA-256d, for merged mining - ChainID:1899
Block Reward: 800 ROD¹, halving every 1,054,080 blocks /~1 year/ for 5 years, then imposing ~3% inflation for another 59 years when the supply will reach ~2.5 fold increment from before the start of inflation.
Reward distribution: 75%/25% - 3 neoscrypt-xaya blocks and 1 SHA256d block every 4 blocks.
Block Time: 30 seconds
Spend: 6 confirmations
Block: 120 confirmations
Storage: A name-value database for storing and updating entries in each block. Names can be up to 256 bytes long, values up to 2,048 bytes. The owner of a name has write access to its entry, while anyone can read it.

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¹There is a pre-release period of 55560 blocks /around 01.07.2020 11:59PM UTC/ in the beginning, in which the reward will be 1 ROD.

Coin Distribution

ICO/IEO: None
Premine: 199,999,998 coins were in the developer's 3 of 4 multisig address - 1/4 was burned and 2/4 were transferred to time-locked addresses to be unlocked in the next four years¹. The remaining were used to support the first year of development.
Burned: 50 000 001 RODs²
Locked: 100,000,000 RODs³
Current Supply: ~1,310,000,000 RODs
Circulating Supply: ~1,160,000,000 RODs
Max. Supply: 4,615,066,365 RODs

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¹They will be unspendable until target block numbers are reached. The unused coins from the premine will be burned accordingly.
²Burn Address: XXXXXXXXXXXXXXXXXXXXXXXXXXXXarcLhe
³Locked till block 2108160: XJ42YyhuW1DvckXMedC1qT9VNa9je9gvAG
and block 3162240: XW9bp37dYUnw44o2cEgT33vBXFEKFvWL5d

Utility and Use Cases

Transaction Fees: Every transaction on the ROD blockchain, from transferring ROD or arbitrary name to purchasing in-game assets, incurs a fee paid in ROD.
Name Registration Fees: Every registration of arbitrary name on the ROD blockchain, or creating a digital ID, incurs a fee paid in ROD.
Name Update Fees: Every update of the value of arbitrary name on the ROD blockchain, like sending messages through the Nostr protocol, incurs a fee paid in ROD.
Medium of Exchange: All tokens /fungible and non-fungible/ created on the ROD blockchain, can be traded and/or exchanged against ROD.
Yielding/Staking: Every game/dApp created within the Multiverse platform can implement some form of yielding/staking by using the development tools provided by it.

All these use cases incentivize holding and using RODs while contributing to network stability and security.


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=========Important Links =============
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=== Website: =======================
=== https://www.spacexpanse.org/rod-coin.html ==
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=== News: https://spacexpanse.substack.com/ ==
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=== Project's Manifesto and Whitepaper =====
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=== Github: https://github.com/SpaceXpanse ===
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=== Discord: https://discord.gg/uPJdncgrBe ====
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=== Twitter: https://twitter.com/spacexpanse ===
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=== Wallets:  =======================
=== Win64, Linux64 and Mac ROD Wallets ======
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=== Miners:  ========================
=== Nvidia Solo and Pool ROD Miner for Win64 ====
=== AMD Pool ROD Miner for Win64 and Linux64 ==
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=== Pools ==========================
=== neoscrypt-xaya ====================
=== SHA256d ========================
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=== Explorer: =======================
Mainnet: http://explorer1.rod.spacexpanse.org:3001/
Testnet: http://explorer1.rod.spacexpanse.org:3002/
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=== Nodes: =========================
== http://explorer1.rod.spacexpanse.org:3001/peers
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=== Exchanges: ======================
=== Graviex =========================
=== ROD/BTC = ROD/DOGE = ROD/USD =======
=== Xeggex =========================
=== ROD/USDT = ROD/ETH = ROD/BNB =======
=== Exbitron ========================
=== ROD/USDT = ROD/BTC ===============
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=== Fundamentals ====================
=== Coingecko =======================
=== Coinpaprika ======================
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N.B. Self-moderated topic.

Official Rules:

1. All participants' entries will be verified by us.
2. If for any reason, the SpaceXpanse team believes entries were attained through fraudulent activity or throwaway accounts, they reserve the right to withhold prizes.
6. SpaceXpanse reserves the right to terminate this campaign at any time.

Quick hint: If you have any ASIC miners you're willing to spare, you can throw some hashing power against the wallet to test the second algo - SHA256d..

SHA256d is algorithm like any other but the problem is that GPUs can't compete with ASIC in a terms of hashing power. So you have to adjust your spacexpanse.conf file to accept calls from outside the computer you have your wallet running. Something like:

and change the IP mask with your network's one if different. Then you have to point the miner to tour computer's wallet address: 192.168.0.120:11999.
That's all.

Updated OP, making it prettier..

Hello @everyone ..  A new pool is added to SpaceXpanse ecosystem: Cminor's Pools - https://mining.cminors-pool.com/. Now you can mine with AMD cards too. 😎
Go bag some RODs !

Hello again, here's the latest news..  Read below @everyone.

After some serious head scratching and testing, a decision was made: to make the block award equal to 800 ROD with halving every 1,054,080 blocks /~1 year/ for 5 years and then impose ~3% inflation on the supply of that exact moment until 59 years are passed and the supply reaches ~2.5 fold increment. But let me put this into some context to help you understand the reasons behind it:

The problem we're facing was to have enough supply of coins for steady development in the SpaceXpanse platform for the first few years of its existence. Not only the supply we'll need in the projects we have to develop but for any other in it. So our initial idea was to increment the divider COIN in the code /so called Satoshi/ to 10 instead of 8 but after serious backlash from the control group /our friends and colleagues/ we decided against it. If you're interested in the reasons: main, but only, was the confusion and eventual losses it will cause when just looking at the digits or buying ROD at an exchange e.g. 0.00000001 against 0.0000000001. So the only option left for us was to increase the award hundredfold to 800 ROD per block in the beginning. This way at the end of the 5th year and block award 50 ROD we will have 1,833,823,998 ROD. Then the 3% per year inflation will kick in and by applying the rule of 72 after ~59 years and we will end with ~4,615,066,365 ROD. But let's just say /for example / that we'll have 500,000,000 users in the SpaceXpanse platform then. This will give us a little bit more than 9 ROD per user which is clearly unsubstantial for smooth work of the system. So to avoid that and for some other reasons we're introducing bar as the smallest undividable part of ROD /instead of Satoshi/ and KBar and MBar as fellow members of the ROD family. Then we'll have some ~923,000,000 bars for everyone to deal with in the SpaceXpanse platform, which looks more than enough to grow some tycoons there. So to be clear: these changes are introduced because we want SpaceXpanse to have smooth growth in the years to come and to be fair and square with its users.

That was it! The new wallet passed the Regression and pre-release tests with flying colors so we'll introduce it to the public later today.. Stay tuned.

P.S. And for those who will ask why the premine was 199999998 ROD to start with, which will give us some gruesome advantage over everybody else, the answer is: we weren't unaware of before-mentioned problem, so if we've decided to stay with 8 ROD per block, we're ready to burn a substantial amount of the premine into oblivion to regain the balance.
P.P.S. The new wallet will be mandatory and it will refuse connections to the old one, if somebody's wondering about that. Also because everything with the blockchain's looking good enough, with the new wallet we're moving the end of pre-release/testing period closer - it will last till block 55560 which is ~ 1st of July ~12:00PM UTC. After that the award will be 800 ROD per block instead of 1 ROD.

Added miningpoolstats.stream and phalanxmine.com to Links section.

Why such a change? 800 is too high compared to the 8 previously listed. This diminishes the 'value' of the coin, making it easier to collect.
Then again, 4% pre-mine has already done that...

Hello again @everyone. Big day today, right? And as of now ROD is listed on Graviex! You can find the corresponding links below. 👇 Happy trading!
Also have to admit that made a honest mistake: the end of testing period will be 1st of July ~11:59PM. There's a slight difference. 😉
The market pairs are ROD/BTC, ROD/DOGE and ROD/USD.