First of all, Dividend.Cash (DVD) coin is a revenue-generating cryptocurrency, forking from PIVX as a Proof of Stake and masternode coin.
As such it enables owners to receive dividends that paid with multiple payout including dash, pivx and another popular masternode cryptocurrency on a daily basis.
The big problem of Proof of Stake (PoS) and Masternode coin is inflation and no added value.
To improve user involvement and give added value, Dividend.Cash is going to award incentive bonus, which equals to 40% of the total trading fees, shared masternode hosting fee and shared staking hosting service fee that charged by the platform to users who hold DVD coin in Dividend.Cash platform accounts.
Coin specifications:
Coin premine distribution:
So why Proof of stake?
In a proof of stake system, the creator of the next block is determined by a randomized system that is, in part, dictated by how much of that cryptocurrency a user is holding or, in some cases, how long they have been holding that particular currency.
Instead of computational power, as is the case in proof of work, the probability of creating a block and receiving the associated rewards is proportional to a user’s holding of the underlining token or cryptocurrency on the network.
The main advantage of proof of stake, over a system such as proof of work, is that it uses considerably less energy and as a result is more cost effective.
In that regard proof of stake can be regarded as a superior consensus protocol as it requires far less electricity to run.
Furthermore, as the proof of stake system is so much more cost effective there is less of a need to release too many new coins as a means of incentivizing miners to maintain the network. This helps to keep the price of a particular coin more stable.
What is the purpose of masternode?
A Masternode is a server that performs service functions on a blockchain; such as instant send, coin mixing to support privacy, and aids in stabilizing the network. In return, masternodes are paid rewards, dividends in the form of the coin on a periodic basis, for providing important services.
Anyone can run a Masternode and the objective is to have enough online to provide a true level of decentralization, which doesn’t favor a country, a geography, company, or person; assuming the network a network is built to support at a global scale.
Masternodes are created when an amount of the coin is sent to the server’s wallet, a form of Proof of Stake – where Masternodes are considered long-term holders, and thus they receive voting rights on the proposals in the network.
Staking together in a pool!
You don't have to wait for days or weeks to receive a stake. You don't need a personal computer or server that runs 24 hours a day. Due to the size of pool, the optimal time of the stake can be determined. You don't need any technical knowledge!
Premine allocation:
If you own DVD, you can also get dividends –
Each day, 40% of the fee collected by Dividend.Cash platform including shared masternode hosting fee, staking hosting service fee, crypto exchange fee will be distributed to the Dividend.Cash coin holders that stake or run masternode of their DVD coin in our platform. If you hold, run masternode or stake your DVD coin your self, you won't get this dividends.
Overall, Dividend cash implement many features that investors will find useful and their investment will have fast ROI.
Links:
Twitter : https://twitter.com/dividend_cash
Discord : https://discord.gg/zmmrCQa
Telegram : https://t.me/dividend_cash
Github : https://github.com/dividendcash/dividendcash
Website https://dividend.cash/
Explorer : http://explorer.dividend.cash/
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