Apollon Coin Nodebuilder service.
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 arein 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.
There are currently 34 masternode coins on the platform.
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
Suggested Reading of third party articles & interviews
References:
- Apollon coin website https://apollon.one/
- https://cryptoshib.com/apollon/
- https://masternodes.pro/stats/xap/statistics
- https://twitter.com/masternode_buzz/status/1047855665924984832?s=21
The author wishes to thank @shortsegments for permission to create an edited version of a report by @shortsegments on this topic.
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