[Crypto Currency] Bytepay, Bepay - Dark Coin with PoW, PoS, Masternode
Bytepay is an open source solution for easy settlement solutions that are oriented towards decentralization. It seems that Bitcoin came out with the same concept as P2P electronic money.
We built a transaction by introducing a network protocol called Darksend Protocol or Zerocoin Protocol. This means that you have the characteristics of Dark Coin, which means that you can not specify who the sender and receiver are for the transmission history.
Bytepay's goal is to grow and expand the credibility of Crypto Currency, which can be interpreted as an innovative form of payment and settlement.
The mining method of Bytepay is constructed in hybrid form. PoW, PoS, and Masternode built from wallet.
Hodlbank is the way Bytepay introduced for price stability and low volatility. Crypto Currency has been one of the reasons to be called speculation, not investment, because Bitcoin, which started as a currency, has shown great price volatility.
Crypto curriculums constructed with Masternode have a coin-like nature due to the nature of the structure in which nodes are created. Therefore, the response time reflecting the price fluctuation is slower than that of other Alt Coins. It is a device to further reduce the volatility and ensure stability.
If you have a coin in Hodlbank that supports Stake, then Bytepay will be paid the same as the bank interest.
It seems to be operating PoS Pool directly.
Bytepay supports wallets on Windows, MAC and Linux, and can be downloaded from the Bytepay website.
In addition to Hodlbank, the One Touch Masternode UI is supported inside the wallet.
You can easily build a Masternode by building a VPS inside your wallet, but worrying about having a security problem in case you have to enter a root password.
Masternode is like a normal Masternode, but because Hodlbank has a strong sense of building a pool for PoS, it stakes on a larger scale, giving the impression of greater block rewards.
Block compensation is as follows.
5 thousand: 50 Bepay
10,000 pieces: 130 Bepay
20,000: 300 Bepay
40,000: 600 Bepay
The algorithm is built with Neoscrypt and the block generation rate is one minute.
We have implemented a tier system in which Masternode is paid in different amounts by number, with a maximum supply of 100 million.
Bytepay's roadmap.
Bytepay's Genesis Block was created in the first quarter of 2018. It is the time when coins were first built.
In the second quarter of 2018, Bytepay's network was created and wallets were released.
As it is listed on the exchange, Android wallets and web wallets are also created.
The Hodlbank feature has also been released.
In the third quarter of 2018, we will integrate the commercial portion of Bytepay.
Bytepay cards will be released and additional exchanges will be listed.
The plans for the fourth quarter of 2018 are scheduled for release.
Bytepay is a Crypto Currency with a very fast schedule, as Genesis Block was created in the first quarter of 2018.
However, considering the purpose and direction of the release, it seems that Bitcoin is no more than or less than Bitcoin. It differs from Bitcoin in that PoW, PoS, and Masternode are supported. Zerocoin Protocol makes it difficult to confirm transmission by anonymity is.
Masternode coins are implementing a policy to differentiate rewards by supporting the Tier Masternode, a feature that is seen for price increases in 2018.
It's a little bit of a lack of team members, white papers, and advisors. It's hard to see how someone is pushing the project, and it's hard to imagine a Bytepay Card scheduled for the third quarter of 2018.
Concept and Usage It was Bytepay that the operation of Masterdnoe rather than a long-term investment and the volume movement for short-term price increase would be all of the volume.
Bytepay: https://www.bytepay.org/
BitcoinTalk: https://bitcointalk.org/index.php?topic=3277964.msg34172729#msg34172729
Discord: https://discordapp.com/invite/mDCB4pn
Github: https://github.com/bytepaydev/Bytepay
It is open kakaotalk about Masternode Infromation.
Masternode: https://open.kakao.com/o/gNrDYAG
I have analyzed based on white paper and published information. Since there is no information that can be verified, it is recommended that individuals conduct further analysis and proceed with their own discretion.
I do not encourage individuals to invest, they share information only for reference.