For pics
WEBSITE | TWITTER | DISCORD | EXPLORER | WHITEPAPER
Summary:
Rapid is a 3rd generation cryptocurrency that will be community based and aims to have low fees, instant transactions and will be fully transparent, which are key elements of a successful coin. Our ultimate aim is to process secure and fast payments for online based marketplaces in the future. We also decided to have masternodes to encourage decentralization.
Our technical specifications are:
Coin Name: Rapid
Ticker: RPD
Algorithm: x11
Block Time: 150 seconds
Confirmations: 6
Block Size: 2MB (Megabytes)
Premined Supply: 15,000,000 RPD
Max Supply: 4,500,000,000 RPD
Masternode Price: 60,000 RPD
Masternodes:
Masternodes are a great way to strengthen the decentralized network hosted by the community, it also allows the core functions of InstantSend and PrivateSend to function which allows the full potential of Rapid to be used. It costs 60,000 RPD to host a masternode and the 500 RPD rewards make it a high return of investment. Also with masternodes, you get to govern the proposals sent in by the community whether they deserve a chunk of a superblock to help fund their project.
Block Rewards:
Roadmap:
Summary:
Rapid is a 3rd generation cryptocurrency that will be community based and aims to have low fees, instant transactions and will be fully transparent, which are key elements of a successful coin. Our ultimate aim is to process secure and fast payments for online based marketplaces in the future. We also decided to have masternodes to encourage decentralization.
Our technical specifications are:
Coin Name: Rapid
Ticker: RPD
Algorithm: x11
Block Time: 150 seconds
Confirmations: 6
Block Size: 2MB (Megabytes)
Premined Supply: 15,000,000 RPD
Max Supply: 4,500,000,000 RPD
Masternode Price: 60,000 RPD
Masternodes:
Masternodes are a great way to strengthen the decentralized network hosted by the community, it also allows the core functions of InstantSend and PrivateSend to function which allows the full potential of Rapid to be used. It costs 60,000 RPD to host a masternode and the 500 RPD rewards make it a high return of investment. Also with masternodes, you get to govern the proposals sent in by the community whether they deserve a chunk of a superblock to help fund their project.
Block Rewards:
Roadmap:
Got any questions? Feel free to ask here, Twitter or the Discord channel.