Delectrum (DLTR) - POS, MASTERNODE, PRIVACY COIN

in cryptoccurency •  7 years ago 

Delectrum.jpg

Website: http://www.delectrum.org/

A PRIVATE, QUICK & EASY TO USE COIN THAT GIVES EQUAL OPPORTUNITY, TRUE DECENTRALIZATION & INDEPENDENCE FROM UNNECESSARY REGULATION.

About Delectrum

Delectrum is a fork of PIVX and is a Quark-based POW + POS hybrid coin. It also uses the masternode architecture to provide extra services to the network. There are finely drawn difference between PIVX and Delectrum which is enlisted in
the next page.

Pillars of Delectrum

  • Private transaction
  • Easy to use
  • Quick
  • Enough liquidity

Basic difference between PIVX and Delectrum

  1. No seesaw reward mechanism for balancing out master node and staking node payments.
  2. The number of confirmations that are required viz. swift transaction, normal transaction and zdlt
    transaction is different.
  3. PIVX has unlimited supply while Delectrum has 92 billion supply.
  4. There’s much difference between zpiv and zdlt denominations.
  5. The difference in minting fees and transaction fees.

Masternodes

Primarily masternode is used to eradicate the chicken problem, while the coin is in its early stage master nodes work as saviours and helps in the faster transaction. In Delectrum the masternodes also help to maintain the anonymity by coin mixing and thereby increasing the privacy of the transaction. Like they say there is no free lunch, the masternodes
are paid an additional reward for each block. The reward helps to overcome the ROI of initial masternode setup cost. After the ROI is achieved masternode can continue to earn it as a passive income.

An analogy can be drawn between masternodes and a Fixed deposit in bank savings account. Like you earn an interest for the amount locked in a savings account in the bank, you can get the reward by becoming a masternode and providing extra resources to the network.

Services offered by masternodes:

  • Gives additional resources to the network.
  • Helpsincrease the anonymity.
  • Increases the decentralization of the governance.
  • Validation of transaction within each block.

Perks of being a masternode:

  • Earn rewards.
  • Being a part of governance
  • Increasing the security of the network

Specifications

Algorithm: Quark
Ticker: DLTR
Total Supply: 92 Billion
Pre mined: 33 Billion
Mining Hybrid: POW+POS
Block Reward: 10,000 DLTR
Block time: 1 min

spec.jpg

Coin Distribution

The Delectrum coin is made keeping in mind fair and equal distribution to the masses in general. Hence the Delectrum won't choose to do an ICO. Instead, the Delectrum would be willing to distribute 30 Billion coins through the daily faucet. The faucet would be active 2 hours a day and 30 DLTR/account can be earned daily through the faucet.
DLTR will be distributed free of charge to as many people possible, it will lead to the creation of natural transactions & the creation of value. There are 2 billion coins that would be distributed via community bounty program to reap the community support.

Premined coins distribution:

Premined  coins distribution.jpg

Team & Masternode - 1 Billion:

Team & Masternode - 1 Billion.jpg

RoadMap


3Q 2017

Idea Of Delectrum Project
Concept Formation


4Q 2017

Building Project Team
Blockchain Design


1Q 2018

Building Coin & Wallet
Get Partner Stores To Use Delectrum


2Q 2018

Delectrum Launching
Start Free Distribution
Community Development, Involving Experts, Spreading The Idea


2Q 2018

Listing On Exchanges
Support Various Languages


3Q 2018

Gain More Partnerships
To Use Delectrum


4Q 2018

Decentralized P2P
Exchange Open


Wallets:

Web: http://wallet.delectrum.org/
Windows: http://delectrum.org/download/delectrum-win32-setup.exe
Linux: http://delectrum.org/download/delectrum-qt
Mac: http://delectrum.org/download/delectrum-osx.dmg
Android: https://play.google.com/store/apps/details?id=io.wallet.delectrum

Links:

Website: http://www.delectrum.org/
Whitepaper: http://delectrum.org/download/Delectrum-White-Paper.pdf
Source code: https://github.com/delectrum
Instagram: https://www.instagram.com/delectrumcoin/
Telegram: https://t.me/delectrum
Twitter: https://twitter.com/DelectrumCoin
Facebook: https://www.facebook.com/coin.delectrum.9

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