Post
Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
Mrbates
on 28/09/2017, 23:58:03 UTC
What!!!! We cannot stake unles we pay 10m to get a master node? This cannot be correct. Where was this in any of the documentation?

Proof of Work/Proof of Stake Hybrid transitioning into Proof of Stake only
Block 1    12 Billions COLX pre-mined for the Swap-over*
*: 40,000,000 COLX of the Premine will be used for running initial Masternodes for the COLX Network and will be burned
Blocks 2 - 10,080 (approx 14 days): 60% POS and 40% POW (60% master node | 40% to miner)
Block Time: 120 seconds with re-targeting after every block
10 COLX Coin Fee on transactions is also part of the Block reward on top of the 2500 Coins per Block
Minted Confirmations:   90
Transactions Confirmations:    6
Masternodes 10,000,000 COLX per Masternode  
(Multiple masternodes per wallet, requires a VPS)
New Ticker: COLX


You can stake it, says its page 1 - its 7 Days maturity time so it requires holding.