This year has been absolutely horrific for me personally and crypto in general.
We've also had the Covid pandemic making waves throughout every community.

I just wanted to keep this open and remind everyone that Proxynode is still here, still working and still trying to repair our price.
The community run coin has lost some members, which means some of our comms channels aren't up to date, there was no central owner of twitter/facebook etc so these do not receive updates often. The best place to see us is in Discord and we monitor the Telegram channels too.

Join in with us at the following links.
WEBSITE – http://proxynode.network/
BITCOINTALK – https://bitcointalk.org/index.php?topic=5117769
GITHUB – https://github.com/ProxyNode/proxynode
WALLET – https://github.com/ProxyNode/proxynode/releases
EXPLORER – http://explorer.proxynode.network/
DISCORD - https://discord.gg/cvkgUSE
TWITTER – https://twitter.com/prxnetwork
TELEGRAM CHANNEL – http://t.me/proxynode
TELEGRAM CHAT – http://t.me/proxynodechat
FACEBOOK – https://www.facebook.com/proxynode.network/
YOUTUBE – https://www.youtube.com/channel/UC-Gm2HYhKNYwykw2wFOw4-Q
MEDIUM - https://link.medium.com/TbkrB6wqNV
STEEMIT - https://steemit.com/@proxynode

What a great day to be doing an Announcement

@everyone WHAT A 24 HOURS IT HAS BEEN!!!!

Proxynode appears to have attracted some well funded investors who have bought in and caused some phenomenal growth in just a short period of time.

We hit 20 sats. Remember those days? Well, we need buywalls and we need them asap. The http://proxynode.network/ main page video demonstrates (in a fun way) how building a tower with no support, falls hard. We must fortify our investments by building prevention. 13 sat wall, 15 sat wall, 17 sat wall. If you can sell some other coins to build the walls without negatively affecting other projects, this would be an ideal way to recycle coins in crypto and make PRX as stable as possible.

It was a solid swing in the right direction. MASC node hosting costs dropped from 74 prx to 27 prx due to this activity. The more we pump, the cheaper it gets!

Tech updates:
MASC is building dip3 node automated setup for coins.
Lots of research about pivx/phantoms and if there is any solution away from paying for a wallet conversion.
Functions added to 24Sizzle(Discord Bot): using ! as the trigger:
!price will give you the price in btc/gbp/eur/rub and btc.
!masc gives you the daily rate for node hosting at MASC per node. (Thanks to @Clapidos for this idea).

A final reminder:
If we do not build walls, we fall back down. BUILD

#WeBuildToSucceed

Happy weekend to @everyone!
Announcemnt for Firday the 20th Dec.
**MASC work**
Many little improvements have been added to the system, including a self healing bot that detects any badly made nodes and rebuilds them. Currently automating the github download of all wallets' most recent versions. It's going well! This will enable MASC to update to the latest wallet without constantly having to be told "Hey, X has updated their wallet and my nodes are offline". Every automation and efficiency allows more time to invest in adding new coins that are then self-managed/self updated and self repaired.

**PRX Wallet**
Some improvements are going to be coming to PRX's wallet. Dev work is underway to get this updated and will be released probably in the new year. Not many visual changes in the QT wallet, but some better error handling.

**Trivia Quiz**
Big shout out to Lobashka for winning the top prize at Trivia : 2500 PRX credit at MASC. Honourable mentions go to MrBruut, Massague and particularly Katarina for answering "The most ancient computer in the world" with "Antikythera Mechanism". Trivia is great as it taught me something I never knew Hope to see you guys on the next round, Sunday at 15:00 GMT seems to be the new time for it.

@Katarina#5147 also deserves a huge thank you for her animation skills! Type !snow to check it out!

**MASC Fees**
Due to a drop in MN count, Rewards are now every 19 hours occasionally, this will mean you get 160 prx from a node within one billing cycle. Current daily price is 119 prx (at the time of checking) and there are still MANY debtors at MASC partly due to the email issue and partly due to people not setting up new nodes (which would help them see their balance). I'm going to reach out 1 more time to those in debt and if there is no reply, I will be disabling nodes which will increase the coins for those who do pay.

Also, my car broke so I'm spending today fixing it
#MerryChristmas
#WeBuildToSucceed

Announcement of Friday the 13th Dec.
**Web Dev:**
Sadly, the person who was supposed to redesign the MASC website spent his time redesigning the logo (which was never requested). Web dev has then asked to be paid for his logo (after I said "I don't want any of these logos, happy with the existing one") before he will work on the site......which is just stupid. You don't take your car to be resprayed and then pay them to change the badge on the front of the car, without agreement.

Will work out a better way forward.
-----
**Exchange Lockdown**
I reached out to CB to ask what would be done with the unclaimed PRX on their system (If they would burn it for example). They said "our liquidators will decide" what to do......

I asked Lobashka to track the volume. Almost 3 mill.
Withdrawals have happened so this keeps lowering but last check, it was still over 2m.

If that dumps, we and many others coins, are at 0 sat.
**We estimate 130 BTC's worth of unclaimed coins on CB at the time of writing.**

How can we prevent CB from dumping all PRX on the other exchanges? Well, Lobashka said "ask them to freeze deposits". So it is all organised. Crex and Graviex will lock deposits as soon as we announce that we've requested it. They are all prepared.

We are now announcing that as of tomorrow (Saturday 14th December), Deposits at BiH, Crex and Graviex are suspended. There is no timeframe on this as we need to use this period to observe the behaviour of CB and see what type of impact they are going to have. How they handle other coins, and whether they start dumping coins individually and cause chaos. You can still trade & withdraw Prx.

**Trivia quiz**
Trivia has been a great success and we are doing it weekly however this is reliant on TipCat being alive at the time of the contest. It's run by Clapidos and when TipCat is online, be sure to !register before the trivia.
DateTime: Sunday 15/Dec/2019 GMT 15:00

Hope you all have a great weekend and, as always,
#WeBuildToSucceed!!!

Announcement for the Week of December 5th (#LateAgain)
@everyone
Siz being on the road on a Monday-Thursday is affecting the weekly announcements and I find us apologising week on week. Instead of this, we will now have Friday announcements going forward. With the first being.........Friday the 13th #Superstitious?

State of the EcoSystem:
- CB Is going down - Get your funds OUT ASAP! They could sell all the PRX when they shut down, so get your money asap or they might tank us!.
- Crex is also hit with KYC regulation and enforcing a ban to the UK/US/Canada/Somewhere else too. Crypto Crackdown is hitting us hard but let's be brutally honest here. We only object to KYC because the websites are shady as hell. No-one complains about doing KYC for Coinbase / Binance because we're all acting within the law.
-Graviex : Weak support levels/sell points etc, shifting from CB to Graviex is going to be beneficial and make it much more useful. Also no KYC, based in Moscow so should be safe to trade there for as long as we need to.

So what's been happening this week?
Snode decided to shutdown and said they could be looking to sell. On behalf of MASC, I approached them for pricing. They went on to discuss all the packages available which included everything, SND coin, explorer, website, dashboard, api, bots etc.
Sadly, they took forever coming back to me with actual prices.
When they did, they were VERY unrealistic and not financially viable. It is with regret that we will not be buying Snode's pretty interface.

Without going into too much detail, their top tier offering is equal to 96,997,293 PRX.

Cookie:
Cookie has almost finished his business trip and will be back to his usual activity levels over the next couple of weeks (Baring Christmas).
#WelcomeBack

In other news,
- Today I had a phone call with an old Sales Director that I used to work with. He's not familiar with the service so he's going to need a few days to process the info, do some research and come back to me. If I can bag him, he could really help MASC launch a second attack and try to take a bigger share of the market.
- I have also contracted in a web developer via a friend of a friend. He's a proper paid web dev and took a look at snodes website, and at MASC and said "Yeah, I can do something with this". This is literally hot off the press and I only spoke with him 4/5 hours ago.
His availability is not 24/7 so, be patient! Hopefully we will have a new look MASC front end soon. If he does a good job, the members area will be worked on. If both are good, maybe i'll get him to revamp proxynode.network too

#WeBuildToSucceed!

Announcement for the Week of November 29th (Sorry it's a day late).

From the Team:
We are pleased to say that the PRX lottery, organised by Clapidos was a great success. We warmly congratulate Hap for winning the lottery this time and hope he will enjoy his 50K PRX (and uses it wisely!).

Given the encouraging response to the PRX lottery, Clapidos is working to present you with another game called "Trivia". Watch this space for further updates and information (we are!). Word on the street is that the game will be launched this Sunday at 17:00 GMT!

Snode will be shutting down there services in a week or so. Please ensure you withdraw any coins you have to ensure you do not lose any!

Gin has also decided to close it's doors so the same applies there.

MASC has the option to migrate nodes, so anything that is hosted on MASC can be brought over without losing rewards.

Siz availability for the week:
Siz is at the (Proxynode) HQ from Thursday - Monday. Out of town on Monday night - Thursday morning. Limited activity from Siz during this time.

Onwards we go!

#WeBuildToSucceed!

Dear @everyone


Announcement for the Week of November 20th

From the Team:
You will have noticed that we did not post an announcement last week. Wires got crossed, folk dropped offline. Our apologies.

We have completed the transition to a 50K PRX collateral requirement. Also, rewards have halved (80 per MN per block, staking: 20 PRX /block). At the time of writing, 1500 nodes are up and running. "First" rewards take about 3.2 days to materialise with reoccurring rewards every 1.2 days.

We are pleased to see that MASC hosts 1,000 of all PRX masternodes, a testament to the excellent and affordable services offered to the community. The PRX team will continue to work with MASC to bring more coins to the platform to incentivise PRX ownership.

State of the ecosystem:
With the lower block rewards, 130K PRX is produced every day. This equates to a supply increase of about  24M PRX over the next six months. We do not know how this will impact price growth. What we can do, however, is to bring solutions that will spur growth and increase PRX demand. Our work towards possible solutions, along with some bottlenecks, are listed below.
@everyone continued

Possible Solutions:
We are heavily investigating what options MASC can host for PRX payment and build a structure around that. Masternode collaterals and hosting fees are useful for keeping PRX away from the markets, but we need more services (use cases) to ensure healthy growth in the future.

KYC:
Crex has blocked UK IP-addresses connecting to their site. KYC is a serious issue that will not go away but yet, impedes progress. The net closes more and more each day. To protect itself has just banned the UK from accessing their site, irrespective of customer KYC compliance. The ban took immediate effect without warning and serves as a reminder that this could happen to anyone. Be cautious and never keep (too many) coins on an exchange.

MASC:
We will add new coins! We will offer our services to MCPC and Jackpot 777 in due course. As always, fees will be due in PRX. Birake has had some issues on our platform. New bootstrap methodologies have resolved most issues. Currently, we are struggling to get the connections we need (much like PRX had after the last wallet swap). We anticipate that this problem is soon resolved.

Siz availability:
For the next five weeks, Siz will be at (Proxynode) HQ from Thursday - Monday. He is Out of town on Monday night until Thursday morning. There will be Limited Sizzle-on-PRX action during this time.

TipCat-bot:
A few good ideas (e.g. auto-rain on Active Discord members) are floating around at the moment with regards to the TipCat. We require a substantial collaborative effort to flesh these ideas out (and test implementations). It may take a little while, but keep your eyes open for Discord Contests/Lotteries that may appear. Transparency and accountability are critical to resolving possible disputes. We ask for patience to ensure fairness.

Onwards we go!
#WeBuildToSucceed!

Last ANN of 24k collateral.

The PRX team would like to take this opportunity to thank @everyone who has invested. Everyone who stood by us when we were falling. Prior to the take over, prior to the exploit, prior to everything. It's been a truly troubled journey with a trouble-free recent history.

Outlook:
So 24k is almost exhausted and next week's ann will be fully focussed on 50k so this is really the only time we can explain the future that we see happening.
The current make up of the sell walls on crex, is 12 nodes available (at 50k per node) once they're clear.......there is only 2 nodes available before 25k (Sizzle's Crex marker).
2 nodes is two new investors......After that, to buy two nodes........you have to go to 300 SATS!

I mean, That's a pretty decent jump and people will put sales in between that, but wouldn't it be amazing :wink:

Donation Update!
We got 0.027 btc and 3.56 LTC. Combined they're roughly the right amount, but I still have to exchange the LTC and cover the fees. A great achievement by everyone involved.

Now, Whilst we have pretty much reached our goal, if you 'were going to' donate but haven't yet donated, please continue to do so. The accounts are proxynode accounts and I do not tamper with them in between funding rounds. This can help to pay for wallet improvements where necessary and also spend a little on marketing.

That being said, Sizzle has been out and about and now spends 2 days a week out-of-town which makes support on those days quite difficult however financial needs leave me with little choice. When BTC moons and PRX is worth 10k sats, I won't need to work haha.

Best Wishes to all and sorry for the delay. Huitemae asked me for any special words for the ANN and I said i'd already written most of it......but forgot to press enter and wasn't able to remote to my PC. ANYWAY! Here's the ann. Next week : 50K ann!!!

ANNOUNCEMENT FOR THE WEEK OF OCTOBER 16TH:

Dear all,

Please find below your weekly announcement.

From the PRX Team
Prepare for 50k collat!
Masternode Count: 2535
508.88 hours until block 500000
Predicted date of 500000: 2019-11-06 19:21:14 (GMT)
Crex Price: 0.00000008

We expect demand to increase to keep as many masternodes going as possible which should hopefully involve the exchanges getting all their supply bought up! If this does not happen, the masternodes half at the same time as the rewards, so the output of coins will be the same (Due to reward frequency being doubled).
Mathematically, we are in a really good position going forward. Then we have a period of 6 months without any changes and can really drive the project during this time.

Exchanges:
Graviex has received overwhelming support. We will begin the listing process and then start to raise the GIO required to list. If you have some GIO and would like to contribute this we will organise a donation address in the near future.

Sizzle:
Sizzle has secured a proper position. This will ease the financial burdens he faces and it will mean he is working 8-9 hours per day. This will afford him weekends and "after hours" to work on Proxynode as well as regular hours of availability for scheduled maintenance etc. He also won't be exhausted when he gets home! All in all, this is a very positive move.

MASC:
Been a problematic week with one of the key servers having issues, causing the bootstrap to be faulty, suspension of new nodes etc. We believe these are resolved and that the Proxynode bootstrap will be backed up correctly tonight.

Hope you all have a very prosperous weekend and don't forget, when bitcoin recovers, PRX recovers it's fiat value. If we can get back out of the sub-10-sat window, we're going to get the benefits of the upcoming bitcoin revival and get our PRX gains multiplied!

Peace and love to all!
#WeBuildToSucceed

The PRX Team

Sorry for the delay UniX - you can jump into our discord server where we post the most uptodate information. There is an entire channel of addnodes for you to use. Here is a sample.
ddnode=148.251.184.2:52632
addnode=136.243.2.225:46694
addnode=5.9.153.83:49276
addnode=78.46.89.5:52786
addnode=148.251.184.2:53272
addnode=148.251.54.78:59676
addnode=148.251.184.2:53328
addnode=148.251.184.2:53406
addnode=78.46.89.5:52910
addnode=148.251.127.20:45152
addnode=95.217.49.53:57060
addnode=148.251.13.131:36924
addnode=95.216.124.169:41306
addnode=148.251.184.2:53688
addnode=136.243.2.225:47342
addnode=88.99.144.118:47528
addnode=45.76.15.235:36942
addnode=199.247.21.129:33028
addnode=148.251.22.37:39424
addnode=148.251.127.20:45678
addnode=148.251.22.37:39442
addnode=136.243.2.225:47568
addnode=134.249.108.149:57049
addnode=148.251.127.20:45914
addnode=148.251.127.20:45982
addnode=78.46.47.245:53738
addnode=136.243.2.225:47830

There is also a bootstrap taken daily, available from
http://sync.proxynode.network/prx.zip

ANNOUNCEMENT FOR THE WEEK OF SEPTEMBER 25TH:

Dear @everyone

Please accept my sincerest apologies. Recent weeks have been quite chaotic and the announcements have not been perfect. Even today's announcement is a day late so for that I am sorry.

MASC: Upgrade hit some stumbling blocks but these have been resolved and it's back in full swing now. 2 servers of the entire estate are complete.
Once the upgrade is complete there will remain to be no visible improvement for customers, this is all backend efficiencies and nothing front-end facing.

PRX: From what I see, the past 90 days of PRX are strongest of any Cryptocurrency I have seen during the BTC pump and dump activity. We are not rich yet, we are not on the moon yet, but we show significant stability in a turbulent market place. Imagine what would happen if we really did some marketing on Proxynode and got some extra whales buying up the supply! Whilst this is a nice pipe dream, we don't want whales yet. Buying now would be very beneficial to whales and people with big wallets, we want to look after those who have been with us through the hard times.

I've attached the chart that I've had saved as a screenshot for a week and it paints an amazing picture for this coin and most importantly, it's community. When exploiters took our price down hard and fast, the community rebuilt it within hours. I'm honoured to be serving you guys and gals who reset the price back to it's true value.

YOU ARE AMAZING! WELL DONE TO ALL!!! :clap: :clap:

After the MASC improvements are complete, I hope to be able to re-assess the capacity needs for it, reduce expenditure and see if I can reinvest the savings into either ipv4 nodes or other services that will attract more investment into PRX.

Enjoy the rest of the week, have great weekends and here's the amazing chart, courtesy of Masternodes .online

I'm not clear on which "company" you are referring to, but Proxynode is a community driven coin and when funds are needed, the community is asked to contribute.

ANNOUNCEMENT FOR THE WEEK OF SEPTEMBER 11TH:

Dear all,

Please find below your weekly announcement.

The PRX Team
We are delighted to inform you of our latest video publication about PRX project and price growth. This informative video explains (through a gaming analogy) the mechanisms of price action and how it interacts with investor mindsets. The video link: https://youtu.be/ewdnIeuIgnc.
We encourage you all to have a look, leave comments and of course, spread the word about PRX.

We are delighted to announce that the PRX forum is now live!! Please feel free to sign up at http://forum.proxynode.network/ and join the discussions surrounding our exciting project and new developments. We would like to give a big thanks to Senaia for the hard work.  Setting up the forumsand groups is a massive undertaking. Thank you!!

MASC
Servers at MASC are running at full speed and smoothly. We continue to explore the addition of other coins/Masternodes to our services along with continuous efforts towards service improvements.

News from @Sizzlephizzle#0376
Sizzle is happy to announce that he has recently managed to obtain a regular job. We acknowledge that this will have an impact on availability to the PRX community and MASC. Sizzle will remain fully dedicated to the project in his role as captain and champion. The PRX team is fully committed to step in and help address community concerns when they arise in his absence. Importantly, a regular and secure source of income means that Sizzle can stop selling PRX to get his daily dose of Red Bull energy drinks.

We hope you will enjoy the rest of your week.

#WeBuildToSucceed

The PRX Team

ANNOUNCEMENT FOR THE WEEK OF AUGUST 21st:

Dear all,

Please find below your weekly Announcement.

Did you know?
We have a PRX/USDT trading pair on Coin Bridge? And how would you like being able to buy PRX with ETH on the exchanges? Well, Lobashka noticed these and other tranding pairs while Siz was sleeping behind the wheel. The following trading pairs are available on CB: PRX/BTC, PRX/LTC, PRX/ETH, PRX/USDT, PRX/RVN and PRX/BTS. Lots of options available through CB (If you can get access to it). Get this PRX while you still can!!

MASC Update:
We are pleased to announce that MASC will enable its customers to run Zenzo, Phore and Phonecoin Master Nodes. As usual, all fees will be charged in PRX. This now takes the number of hosted projects to 17.

PRX Wallet Update Release:
As you may know, we have been working on an updated version of the PRX wallet (V2.1). With the testing of the new version nearly complete, we will coordinate the release with the upcoming reward change which is due to take place at block 400,000.

Finally, the PRX team would like to take a moment and wish our captain @Sizzlephizzle#0376 a very HAPPY BIRTHDAY! All the best wishes from the team. Hurrah!!!

We hope you will have a fantastic week!

#WeBuildToSucceed

The PRX Team

ANNOUNCEMENT FOR THE WEEK OF AUGUST 7TH:

Dear all,

Please find below your weekly announcement.

Support MASC: Buy a bundle and hold!
As you may know, MASC is solely funded for its services by the PRX revenue it generates with its services. To ensure both sustainability and PRX price stability, MASC now offers PRX bundles that can be purchased directly with LTC, ETH, XRP or BTC. Sales of PRX through this mechanism will prevent major PRX dumps on the market while generating revenue that can be re-invested in MASC (and pay its bills). For this reason, please consider supporting MASC by buying bundles. If interested, we urge you to contact @Sizzlephizzle#0376 for further details (and good deals!!).

Collaboration time: PRX for VPS at Cryptovps.online
We are delighted to announce that our friends at https://cryptovps.online/ have added PRX as a payment method! You can now setup a range of VPS servers with an ipv4 address and pay in PRX! This newly established service is a significant partnership for PRX and accelerates the achievement of our project.

@Sizzlephizzle#0376:  "I've set one up myself to test. After you pay the entire amount due in 1 payment to the wallet address on your invoice, setup is triggered. After about an hour you get your IP address. I have tested their service, and after setup, the VPS performs quite well". As this is a new service, we are keen to hear about your experience and feedback. This is an external service and support requests should go to peg-dev in our discord.

Given the regulatory landscape surrounding VPS services in the UK, the team believes that the current solution is best suited to avoid legal problems. With this new collaboration, we will seek to provide a seamless and robust VPS service.

Finally, we congratulate Lobashka with promotion to Ambassador for their time and effort, both behind the scenes and in public conversations."

We hope you will have a fantastic week!

#WeBuildToSucceed

The PRX Team

ANNOUNCEMENT FOR THE WEEK OF JULY 31ST:

Dear all,

Please find below your weekly announcement.

Huitemae is on vacay so that means it's a Sizzle Special!

This week has been mega busy, what with MASC filling to max capacity and all, but that's now solved. For a full breakdown of what occured, please see the Discord #updates channel.
This has left me (Siz) exhausted and I can't recover my sleep pattern so i've pulled an all nighter to try and reset myself. That means I am completely useless to PRX/MASC and my family today as I'm absolutely shattered and it's 11am local time.

We've seen impressive work by the community to start the coin price recovery. Great effort from all involved. Those strong hands are what raises the coin price. If you're happy to sell for 5 sats now, HODL and sell half the amount for twice the price when we get to 10 sats. Every exchange sell hinders us, every purchase helps us.

The future of Proxynode and MASC is going to have a bit of a newer spin as I will be doing some how-to videos so that people can get a visual walk through of the processes. I realised the time I spend supporting people with typing is really affecting the time for progression so steps will be taken to make this more efficient.

I'm inspired to work harder than ever on the project, but alas, I am in need of some rest. I will return reinvigorated and revitalised tomorrow, maybe Friday.

Thanks again to all for your support, kind words and investments.

Best Wishes
Sizzle

ANNOUNCEMENT FOR THE WEEK OF JULY 24TH:

Dear all,

Please find below your weekly announcement.

ProxyNode Whitepaper:
@Sizzlephizzle#0376 has started his work on the ProxyNode Whitepaper, aided by @Huitemae. It will set out the strategic direction of PRX, the scope of its development work with MASC as well as its longer-term development goals and vision. It's a mammoth task but it will get done in the coming weeks.

MASC Services:
We are pleased to announce that new coins on MASC are ready for nodes. We will host MNs for the well-established GIN coin project as well as Bitgreen and the all new MNPRO v2. In addition to established projects, MASC is in discussion with a new project called DAPS. The DAPS project is set to launch towards the end of Q3 and MASC is considered a reputable MN provider under their consideration.

We alert all MNPRO holders a coin swap is taking place from v1 to v2 over 8 days. We urge customers to please act quickly. For information, please contact MNPRO.

MASC Improvements:
Over the past week, MASC has been working to optimise the infrastructure, underpinning its hosting service. As part of the work, the following changes have been made:
    - Server 7 is cancelled pending termination.
    - Server 8 has been deemed unfit for service.  We will migrate Nodes and decommission the server in due course.
    - MASC has ensured that capacity will not be affected. Space for new nodes will remain available, minimising the impact to customers

Work continues on the improvement of the MASC website with a particular focus on the User Interface. The changes to the UI are currently being tested and benchmarked to ensure the highest possible standard. We will launch the revamped UI upon completion of this work. MASC customers will find that the new UI is better streamlined, more interactive and easier on the eye.

Have a fantastic week!

Mind the heatwaves and stay hydrated!

#WeBuildToSucceed

The PRX Team

In support of MNPR's new team and direction, MASCSolutions currently hosts both v1 and v2 nodes for MNPro customers.

Head on over to https://mascsolutions.uk/hosting.php to see the range of coins. Your new MNPro v2 coin can be online in as little as 3 minutes, synced and ready to start.

Our nodes are charged at £1 per month, payable in PRX coin. You can even host a PRX node to offset the costs so you effectively run your node for free!
We look forward to hosting you and any support requests can come to me in either MNPro channels or at home in the Proxynode discord.

Thanks for the feedback thin.

I'll get it all updated.

Regarding github, we have a really good developer who works on multiple wallets and he did one big re-vamp of the wallet. Currently, we've not found any reason to tamper with it as it's working great. We witness many coins releasing update after update that do nothing for anyone, just to show they are active and we genuinely don't see the point in compromising the integrity of the wallet without a good reason.

Happy to discuss further if you fancy jumping into the telegram or discord channels.

Dear all,

Welcome to your weekend announcement for PRX.

As You know, we had a reward change at block 350,000 taking place this week. This meant that rewards dropped from 320 to 240 PRX per block for master nodes whereas staking rewards were reduced to 60 PRX per block. In addition, block reward frequency went also down along with this change.

This means that overall, sigificantly less PRX is being produced on each given day, which will help reduce PRX supply on the market. The PRX team feels that in the long run, This reward change will lead to a price increase. The development and implementation of use cases will undoubtedly lead to a rise in demand and consequently, PRX increases.

In other words, now is the time to get on to the PRX train by snapping up more coins, Hold them hard and wait for the ProxyNode project to develop and reach its full potential.

We are also closely monitoring other coins who are going through changes to see if any of their approaches provide them with favourable results. Rather than 'try something' only to ruin the coin. A great example is that Siz really wanted an LTC pair on the exchanges but when watching repme change from BTC only, to add an ETH pair, the price tanked from 1 sat to 2 gwei. This caused significant damage to the community and therefore we will only look at BTC pairs going forward. 1 sat is better than 0 sat.
Supply burning and swap ratio are currently being observed and we do not think this will result in success for them, but we wait and watch. Don't worry - no decision will be made without consulting the community in discord and telegram.

We Hope you have a great weekend.

#WeBuildToSucceed

The PRX Team