Post
Topic
Board Announcements (Altcoins)
Re: [ANN] INDINODE: Masternode coin for future Indian crypto trading exchange
by
PepsLove
on 07/07/2018, 19:43:58 UTC
Indinode, (XIND) is a community-focused, privacy-based coin driven to maintain sustainable growth, development and fair practices within the masternode coin space. Indinode is a self-funded, self-governed, private, instant and secure cryptocurrency. Indinode uses best practices, features and ideas from DASH, PIVX and Zerocoin

coinsnow.in, One of the first Altcoin Exchanges in India & and Thailand. Offering easy to buy Altcoin solution to for customers from India and Thailand. Indinode and Coinsnow will be the future backbone of the new Indi-Exchange (Non-Fiat) (http://coinsnow.in)





Indinode will be released in July, 2018. It will be the first asset platform coin based on PIVX/Masternode for the Indian Market.

Indinode is an asset and payment platform which financially rewards individuals who actively protect and create the Indinode network. Indinode MasterNode owners operate distributed servers that remain online, perform across the globe, in order to ensure that Indinode transactions are executed instantly, privately and safely for all upcoming Indinode payment services.

Furthermore, the Indinode network rewards masternode owners frequently, and thus by having an entire incentivized distributed network of servers, each holding a full copy of the blockchain and working for Indinode around the clock worldwide, ensures that the performance of advanced features like PrivatePay and InstaSent are guaranteed.

Indinode is the market coin for the future cryptocurrency exchange named Indi Exchange. Indinode coins will be eligible for staking and earning based on the exchange revenue, similar to the BNB Token from Binance or the Crypto Bridge Coin.

Indi Exchange platform (strictly Non-Fiat) will have an integrated exchange allowing users to trade in cryptocurrencies. Seamless trading pairs will be managed by the backend of the exchange. With the main focus being the emerging cryptocurrency market of India, new tokens and trading pairs will be continuously added in accordance with the community's preferences.

Indi Exchange will be implemented in jurisdictions where it has the most favourable environment to operate, and where its assets and stakeholders interests are most protected, by a clear regulatory framework and will be pursuing actively strict compliance to laws and regulations in force.

Indinode Masternode owner will get 50% from all profits from exchange operations. Payment will be done in XIND, proportional between MN owners. Additionally, Masternode owners are Gold – Level Customers with fast-track support and other incentives.


Revenue Model    

Exchange Fee            Indinode will charge a fixed fee per trade.
Margin Fee              Margin services will have associated costs related.
Listing Fee             We will have listing fees in certain cases.
Withdrawal Fee          Withdrawal fee will be charged depending on the Coin or Token.
Indinode Pair           Crypto Coins will be paired against BTC and XIND.

Indinode Specifications

PoW algorithm           Quark
Coin ticker             XIND
Coin codebase           PIVX/DASH
Retarget strategy       Re-targeting every block
Max Block Size          2 MB
Block time              60 Seconds
Block maturity          10 blocks
Stake age               60 Min
RPC Port                8697
P2P Port                8696
Block subsidy           2 1/2 month startup with 10 XIND per block, Gold Rush phase is 2500 XIND
Coin marketcap          1.466.860.000 after two years
Coin premine            150 Mil. XIND = 100 Mil. XIND Team, 50 Mil. XIND set aside for bounties and marketing
Coin specifics          Masternode, InstaSent, Zerocoin
Masternode Collateral   200.000 XIND
Inflation after 4 Years ca. 3.8%
Nodes:                  addnode=149.28.16.126 addnode=149.28.158.146 addnode=149.28.158.224 addnode=149.28.158.213

Reward Schedule

Ramp-up Phase:          2-86400              Block Reward : 10 XIND  [ 90% MN/10% POS]
Gold Rush Phase:        86400-518400         Block Reward : 2500 XIND[ 90% MN/10% POS]                                                              
Maturity Phase:         518401-10306800      Block Reward : 750 XIND [ 60% MN/40% POS]
Quality Phase:          10306801-1555200     Block Reward : 350 XIND [ 60% MN/40% POS]
Persistent Phase:       1555200-Infinite     Block Reward : 150 XIND [ 60% MN/40% POS]

Links/further reading

Github                  https://github.com/coinwebfactory/indinode
Wallet                  https://github.com/coinwebfactory/indinode/releases
Block Explorer          http://149.28.16.126:88/
Whitepaper              https://imgur.com/a/ZV73Qr9
Twitter                 https://twitter.com/indinode
Discord                 https://discord.gg/APe6Hrf
Telegram                https://t.me/indinode

Airdrop
1000X250 XIND           GoogleAirdropDoc  

Upcoming Listings

Crex24                  funded
Masternode.pro          funded
masternodes.online      funded
Cryptobridge            depends on funds
Coinexchange            depends on funds

Indinode has implemented the following masternode features in XIND:

•   Privacy Increase through the Zerocoin protocol
•   Instant Transactions through SwiftTX
•   Governance and Voting
•   Budgeting and Treasury
•   Securing Exchange Transactions



The integrated platform technology seeks to provide users with:

•   Multi-Sig Escrow
•   Multi-Sig of 16 signatures for full escrow functionality
•   In-wallet user interface for easy management of the Multi-Sig function
•   Self-Service Markets
•   Decentralized and secure Bounty Markets
•   User-created and operated Bounty Services
•   Auto-escrow release
•   User-set fee and vendor bond amount
•   Familiar operations
•   Encryption to Encryption Messaging
•   Sure-Spot style messaging
•   End-to-End encryption
•   Self-destructing messages
•   Truly private group chats



Nice project. A much needed solution for India.