Apollon Masternode Coin: Update 10/13/2018

Apollon Coin

In this article we will discuss the Apollon masternode coin, a unique coin project, whose use case is that they have created a masternode service for people seeking the passive investment advantages of cryptocurrency masternode coins who don’t have the expertise to run setup and run the masternode themselves.

The Apollon team has created a masternode service which is different from over 95% of the other masternode service providers in existence. The first two differences are it’s a “trust-less” masternode service and your coins are in a “cold wallet.” Now first, when I say this coin is the “trust-less”variety, I mean no one gets your private keys to your coins and you don’t send your coins to anyone, so they are always in your possession. This is the opposite of a “trusted” masternode service, where you actually send your coins to the masternode service provider and trust them with your coins. Second, when you use this masternode platform your coins are held in a “Cold wallet,” which means the wallet is on your home computer, as are your coins, versus a “Hot wallet” which is online at a website, and thus potentially more vulnerable to theft. Please note that Apollon’s competitors for the most part are “trusted” masternode services with “hot wallets.”

The third and most important difference between Apollon’s platform and it’s competitors is that they have created a graphic user interface called “Nodebuilder”, which makes setting a masternode as easy as buying a book from Amazon. This is the use case for Apollon which may make it the Dash coin of the future. Apollon has its own Blockchain which is a modified Pivx Blockchain code, and a unique webpage-based graphic interface platform that will simplify the whole set-up, running and monitoring of any masternode that is hosted on the service. Nodebuilder will run on any home computer and using this software you can launch a new masternode within minutes. You can learn more from the coin website and a video tutorial is below.

Video Tutorial Nodebuilder

There are currently 34 masternode coins on the platform.

Roadmap
April – June 2018
Beta testing – adding additional beta testers and prepare the payment system for full release.

June – August 2018
Launch v1 client – release project’s v1 desktop client and build out masternode migration service.
Additional companies – verify and add 3-5 more companies to the platform and migrate their masternode over.

August – November 2018
Payment structure – add the first iteration of assets based payment structure.
Whole masternode – release whole masternode purchase option, coins and all.

November – December 2018
Web Wallets – release desktop client with encrypted web wallet option.

2019
Mobile App Launch – launch completely app-based end to end solution, no local wallet or desktop client required

Coin specification
Coin name: Apollon Coin
Coin ticker: XAP
Coin type: PoW/PoS
Algorithm: Quark
Maximum supply: 250 000 000 tel:250%20000%20000
Block time: 90 seconds
Masternode collateral: 25 000 XAP
Masternode reward: 80% block reward
Coin minimum staking age: 1 hour
Maximum block size: 3 MB

tThe Management Team.**

Chad Sichello, CEO
Chad is an experienced global business builder with successful companies in both Fintech and Building Supplies.

Markus Dietrich, MSc, CTO
Markus is an experienced blockchain developer having worked on everything from core blockchain development to coin exchanges.

Adrian Redman, PMP, VP Projects
Adrian is from a project management and a large tech infrastructure projects background.

Suggested Reading of third party articles & interviews

1. https://twitter.com/briandcolwell/status/1045405241594662912?s=21
2. https://t.co/WKQY52gcQT
3. CEO weekly update:

References:

1. Apollon coin website https://apollon.one/
2. https://cryptoshib.com/apollon/
3. https://masternodes.pro/stats/xap/statistics
4. https://twitter.com/masternode_buzz/status/1047855665924984832?s=21