Masternodes are computers that run a Zond wallet and make decisions such as locking transactions with SwiftTX, coordinate obfuscation of coins, and voting on budget funding. Masternodes are required to have a 1000 ZND collateral.Earn passive income with high rewards by running a masternode and securing the network.
To promote an even ratio between staking nodes and masternodes in the network, Zond uses a variable Seesaw Reward Balance System that dynamically adjusts the block reward size between masternodes and staking nodes.XEVAN algorithm has proven to protect against ASIC mining hardware and Nicehash resistant (temporarily).
Transactions are confirmed by miners and masternode servers hosted around the world. Zerocoin uses zero-knowledge proofs to ensure that zero information is leaked regarding sender and receivers of Zerocoin.BIP38 Encryption/Decryption of Private Keys.
Block time: 150 seconds
Difficulty adjustment: each block (Difficulty retargets using Dark Gravity Wave v3)
PoW: ends on block 630 720 / 3 years, PoS: starting from block 630 721
Masternodes: 1000 ZND collateral
Darksend: TX Obfuscation
Maturity Confirms: 101 confirms
RPC port: 61128
P2P port: 60128
Max coin supply: 10 000 000
A few things
Cryptocurrencies have been around for a long time and the benefits of accepting cryptocurrency payments are clear to all. However, whenever the progress as to cryptocurrencies being accepted in the “real” world is observed, we see time and time again that the vast majority of merchants are reluctant to even consider accepting cryptocurrency payments.
Zond has great potential for rapid growth and expansion.
Based on a total Proof of Work and Masternode system, it is accesible to everyone, it ensures a fair and stable return of investment for the Graphic Processing Units (GPUs, CPUs) miners and the Masternode holders.
Distribution of ZondCoin to the community will be moderated by the ZondTeam with plans to expand in the future to include community moderators/admins. The total share of the coin supply available to the community is known and transparent, with the community having the ability to check and keep watch on the movements of ZondCoin.
We focus mainly on time, size, anonymity and security of your transactions with helping hand of masternodes to keep the integrity of the network and provide instant and safe transactions.
The coin is oriented toward ZeroCoin Protocol and Microtransaction. ZeroCoin Protocol allows the coin to reach a high level of anonymity, transactions are not traceable.
Microtransactions allow you to send a small amount of money.
The main goal is to develop the cryptocurrency as a single, decentralized payment system for your everyday life. The future vision is one where Zond can be used to conduct commerce within the larger community: Zondcoin users and owners can use their coins to purchase products, goods and services. The community share of ZondCoin will also be used to fund rewards for community contests. ZondCoin will enable the community to work together to solve individual problems; to help improve people’s lives and to make life in general easier and better for human kind.