Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LISTED] 🚀🚀🚀 ONZ Coin | Incentive Social Media Paying Crypto Rewards 🔥
by
OnzCoin.com
on 16/04/2018, 15:05:31 UTC
Hello, where can I find more information on ONZ Coin voting system. Thanks for abovementioned article on steemit... May be there is more detailed information?

ONZ is using DPOS blockchain forked from LISK.

Top 101 voted delegates are able to forge new coins.

Voting
Each user (address) is allow to vote for up to 11 delegates.

The total amount of the user (address) own will be the Voting Weight to the voted delegates.

Example:
User own 100 ONZ = 100 Voting Weight
User votes for 2 delegates (D1 and D2)

D1 and D2 will gain 100 Voting Weight!

Once D1 and D2 ranked into the top 101, they are able to forge new coins.

Sharing Pool

Some delegate will share the forged coins to their voters. So, even you don't have enough votes to ranked into Top 101, you still can vote those Sharing Pool for profits.

 Wink