Qyno Coin blockchain financial ecosystem POW | Masternodes

in bitcoin •  6 years ago 

Qyno is a blockchain-based financial
ecosystem centered around Qyno Coin, a high performance digital currency.

Qyno aims to bring the cryptocurrency world closer to the real world through the use of
Qyno Coin, our highly applicable and adoptable digital currency. Qyno Coin (QNO) is embedded with
InstantSend and PrivateSend featurues, making QNO transactions instant, anonymous and nearly
free to send. With Qyno, businesses finally have a solution for trading assets and goods in a secure,
low-cost environment that allows them to reach their financial objectives.

Passive income with a 23652% anual return of investment Buy a Masternode

Qyno Project

Qyno project's goal is the development of tools and products that can allow everyone acces to faster, safer, anonymous, and near-zero cost financial products
and services. Having meticulously studied and tested existing blockchain-based financial products and networks, we created Qyno with the aim of becoming a reference in
the blockchain financial services sector after concluding that others fail to deliver on the goals which are our vision.

Predecessors are meant to be learned from and eventually overcome. If this weren't the case, we would still be stuck with Friendster for social networking or Napster for
peer-to-peer sharing. Bitcoin may be just such a predecessor, yet there isn't enough being done in the blockchain space to move beyond its slow transaction times and
exorbitant fees.

The core of the Qyno Project is Qyno Coin (QNO), a digital currency based on the latest blockchain technology and network architecture created go beyond Bitcoin by
providing seamless, instant, and low cost transactions secured by masternodes.

Qyno Coin Specification

Symbol: QNO

QNO will be the next "BTC" and more. Being simple
and easy to use the QNO monetary system will be
easy implemented by people, merchants and not
only all over the world.

Algorithm: NeoScrypt

NeoScrypt is a ASIC resistant proof of work
algorithm that it is stronger cryptographically and its
less memory intensive algorithm while it's providing
a fair return to miners.

Type: POW + Masternode

A proof-of-work (PoW) is a system that help to
prevent denial of service attacks and spam on a
network, and this is done requesting some work
from the service requester.

Max coin supply: 100,000,000

Max coin supply is the aproximation of the
maximum amount of coins to be created. And it was
calculated to provide the enough monetary supply
while avoiding inflation.
Block generation: 60 seconds
The block generation time set the time need to mine
a block. Block time is set as a constant ensure that
miners computational power will not impact the
security of the network. Masternode Collateral: 5000 QNO
In order to create a masternode 5000 QNO are
required as a collateral to prevent Sybil attacks on
the network, whereby attackers will be able to setup
numerous masternodes and interfere with network
operations.

Reward Table

Blocks
Miners
Masternodes

Total
1-43200
2.5
22.5
25
43201-86400
3
27
30
86401-129600
3.5
31.5
35
129601-172800
4
36
40
172801-1051200

4
36
40
1051201-2102400

4.5
25.5
30
After block 1051201 25% decrease every year

► Explorer ◀

Qyno - Trading Made Easy on the Blockchain
From the outset, the pillar of the Qyno project will be the QYNO coin, a utility coin with two aims. First, the QYNO coin will function as a stable asset enabling the development of the project's ecosystem. Second, the QYNO coin will reward masternode operators with industry-leading ROI, as masternode operators will earn a generous passive income due to a staggering 90% block reward. The purpose of such a mammoth block reward is to create a very high incentive for masternode operators working to secure the network.

The QYNO coin's stability will allow users to engage the Qyno financial system easily. Without major fluctuations in price affecting the net cost of users looking to enter and use the Qyno financial system, adoption of the system will happen quickly and globally. The entry into and use of blockchain-based financial systems tend to be
prohibitive, due in part to the fact that the utility coins associated with those financial systems fluctuate wildly in value, making cost analysis for users looking to enter the system difficult to calculate.

Masternode

QYNO passive income

Users seeking a high-return masternode for earning passive income needn't look further than QYNO. With a low cost of entry at 5,000 QYNO per masternode, users can experience the simplicity of generating a return on their investment while sleeping by simply depositing the required amount of coins in their QYNO wallet and getting their masternode started.

After becoming a QYNO masternode operator, annual masternode ROI in excess of +20,000% can provide a handsome passive income. Using the QYNO masternode monitor allows operators to keep an eye on the return generated by their masternode and toggle additional features.

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