Quote from: joshafest on November 14, 2017, 08:47:40 AM

Everyone Hereby Please have a ear and eyes over this,
We implemented a new concept, and we named it as Fundamental Node, also we are working on new protocol and named it burnt proof, similar to proof-of-burn, but it is different, since "Proof-of-burn" name is already reserved we say it "Burnt-Proof"

The main difference between masternodes and "fundamental nodes" is , in masternodes , you lock your coins wallet, and this helps network, however you can later spend your coins, on promise that you no longer earn a masternode reward. But, in Fundamental nodes, you have to send a special transaction to yourself which destroy your coins, and you will came up with a proof that YOU destroyed your coins, and now by submitting this proof you will get privilege and will earn rewards, this create a trust on network, (Proof-Of-Trust), the rewards here is came from block, as in masternodes, since, the block rewards are some short of random, this means the fundamental node rewards are random you can compare it with lottery, you can get 20 million coins in one shot, just by destroying 2.5 million coins.

The need of this system came from very high inflation, this method will reduce the circulating money supply as well as total money supply. Till now burning means sending funds to an invalid address, so that they can't be spent or used by anyone, this method is good, but this doesn't change total money supply, but Fundamental node payment does it.

We will soon release a white and yellow paper for it.

I have 4 questions:

1.) Since we are to compare masternode rewards to the lottery, does that analogy imply that a masternode may never get any reward? Or, is it more like staking, so that over time, it's more likely to get a reward, and is guaranteed to get a reward eventually?

2.) Is 2.5 million the official number of coins to buy a masternode?

3.) Will the price of a masternode (in B3 coins) increase later, and if so, when?

4.) Are you working with any VPS hosting services that will provide B3 masternode hosting out-of-the-box?

Thank You!

trefster

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