Onex Network - Proof-of-Stake

Hello everyone, I show you an amazing work staking platform that enhances the use of the ethereum classic network, this project will help ethereum classic to grow.

Ethereum classic currently has, a very strong team of scientists, PHDs, cryptographers and experienced developers work on the Ethereum Classic code.

The easily understandable staking technique has been one of the most important in BITCOIN, in which people are gaining tokens in staking.

Today, I will demonstrate to you a currency that uses the staking program that is called ONEX NEWTORK developed in the ERC223 contract that is most part of the ETHEREUM system.

ONEX Network is second token developed by the Highlander Network team after creating Token Highlander (ONE) Getting Started Onex is a token created by the Highlander Network, is the first token created for the ethereum classic, be based on ethereum ERC223, ONEX is the first platform to implement the Proof-of-Stake mechanism in Ethereum Classic, which means that the ONEX holders can win some extra tokens just by holding ONEX for a period greater than or equal to the Minimum Age of Currency As a token in Ethereum, which is considered to be ERC20, has to incorporate certain standards and functions into its code in the Ethereum network, ERC223 also has certain mandatory functions that must be included in the implementation to satisfy the ERC223 standard.

ONEX was developed in ERC223, it is very similar to ERC20, only newer and better than the ERC20. In a nutshell, the ERC223 is an improved, much more secure and modified version of ERC20.

This network ecosystem also helps reassure the risks associated with the exchange of cryptocurrency using the tips provided by the automatic search for the most lucrative offerings in the market.

The Onex is developed with the interoperability protocol that helps integration with other blockchain networks. We can send transactions from the onex network to other blockchain networks and other cryptocurrencies can be used in the onex network.

https://onex.network/

Blockchain

OnexNetwork is a blockchain that is intended to provide innovative and intelligent contract cryptocurrency tools in the ethereum network .

Onex is designed to be a public network of block chains that have an intelligent contract mechanism that would create advancing smart contracts to enable innovative products and services.

It is intended to be the public interface in the underlying chain. Onex would work and connect secure dApps with onex network chain thus facilitating their use of the blockchain

Specifications

● Name: ONEX Network
● Symbol: ONEX
● Decimals: 18
● Standard: ERC223 & PoSTokenStandard
● Initial Supply: 3 Days
● Maximum Coin Age: 90 Days
● PoS Annual Interest

Onex will have a maximum of 10 million with initial provisioning of 1 million,the onex token offering will be at the most and will take 10 years or more to be reached, it has reached 10 will no longer be generated.

Wallet

The wallets to keep Ethereum Classic is recommended for the Saturn Portfolio for Chrome & Trust Mobile portfolio.)
How to calculate the staking

Using the https://onex.network/calculator.html site you will see how much you can gain by keeping your tokens

ONEX Coinage Calculation

ONEX balance before mining: 100 (held for 3 days)
Coinage
Coinage = Amount of tokens held * number of days held
● 100 ONEX * 6 = 600 Coinage
Mined ONEX Network = ( Coinage * Effective %age value for 100%
ONEX yearly interest) / number of days in 1 year.
= (600 * 77%) / 365
= 1.26575342466
ONEX balance after mining : 101.26575342466

Annual interest

100% 50% 10%
1 year 2 years 3 a 15 years

Team

it has core Onex was developed by the highlander network that has a competent and powerful team that believes in privacy on anonymity, and encryption and decentralization of cryptocurrencies.

For more information

Website: https://onex.network

Whitepaper: https://onex.network/onex_whitepaper_1.1.pdf

Staking Guide: https://onex.network/staking-guide.html

Coinage Guide: https://onex.network/coinage-guide.html

ONEX Calculator: https://onex.network/calculator.html

Medium: https://medium.com/@highlandernetwork

Twitter: https://twitter.com/onexnet

bounty0x: nandooo2080