Introduction to cryptocurrency Solaris

in crypto •  5 years ago  (edited)

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https://solariscoin.com/

Hello friends!Today I want to introduce you to a cryptocurrency Solaris(XLR)

Solaris is a decentralized open source cryptocurrency focused on privacy, innovation and advancement of technology.
Its environmentally friendly consensus protocol and supporting masternode network establishes Solaris as a secure, decentralized, self-sustaining, and privacy-focused cryptocurrency with instant transactions for everyday use.

Starting in April 2017,it has successfully changed the algorithm and switched to the POS algorithm

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Specifications:
Algorithm: XEVAN
Privacy: Zerocoin Protocol
Block time: 60 seconds
Max block size: 7.5 MB
Difficulty adjustment: each block (Dark Gravity Wave v3)
PoW: ends on block 259200
PoS: starting from block 259201
Masternodes: 1000 XLR collateral
InstantX: SwiftTX
RPC port: 61020
P2P port: 60020
Max Coin Supply: Infinite
PoS Rewards Breakdown:

20% Stakers / 80% Masternodes

If Budget Proposal is Active:

15% Stakers / 75% Masternodes / 10% budget system

Reward per Block Breakdown:

PoS Phase 1 - Blocks 259201-302399 - 1 XLR
PoS Phase 2 - Blocks 302400-345599 - 0.95 XLR
PoS Phase 3 - Blocks 345600-388799 - 0.90 XLR
PoS Phase 4 - Blocks 388800-431999 - 0.85 XLR
PoS Phase 5 - Blocks 432000-475199 - 0.80 XLR
PoS Phase 6 - Blocks 475200-518399 - 0.75 XLR
PoS Phase 7 - Blocks 518400-561599 - 0.70 XLR
PoS Phase 8 - Blocks 561600-604799 - 0.75 XLR
PoS Phase 9 - Blocks 604800-647999 - 0.70 XLR
PoS Phase 10 - Blocks 648000-Infinite - 0.25 XLR

Team of developers:
2019-05-08_20-16-35.png

Currently traded on exchanges:

KuCoin
https://www.kucoin.com/#/trade.pro/XLR-BTC

Coinexchange
https://www.coinexchange.io/market/XLR/BTC

CryptoBridge
https://wallet.crypto-bridge.org/market/BRIDGE.XLR_BRIDGE.BTC

TxBit
https://txbit.io/Trade/XLR/BTC

Solaris has its own projekt - this crypto currency exchange called TxBit (https://txbit.io/)

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Solaris also has a Reward Program
2019-05-08_20-40-47.png
https://support.txbit.io/support/solutions/articles/44000449229-solaris-reward-program

How it works?After covering the costs of opening the exchange, 50 percent of the trading Commission will be divided among the holders of masternodes.

Solaris 3.0:
In the near future Solaris will move to a new codebase Stratis (STRAT)
https://medium.com/@solarisXLR/solaris-3-0-community-discussion-88070341f05f

Thank you for taking the time to read my post.My post was created for informational purposes only.

Remember that investment in cryptocurrencies is risky.

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