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README.md

Snode Eco System

Snode is an innovative blockchain-based ecosystem that aims at providing an integrated environment for multiple blockchain-based services. The core value of Snode is masternode solution with a wide range of high quality masternode services. Other services and products introduced in the Snode Eco System include digital assets, blockchain project support, multi-coin mining pool, etc.

Snode Coin

Snode Coin is released with the mission of providing a convenient way for our customers while investing into all projects in the Snode Eco System. Snode Coin is essentially a hybrid cryptocurrency system based on PIVX that forked from DASH that forked from Bitcoin. In addition to the traditional Proof-of-Work (PoW) and Proof-of-Stake (PoS) concepts, Snode Coin also employs the most beneficial crypto-earning method - Masternode. Powered by Neoscrypt - a well-known ASIC resistant crypto algorithm - during PoW phase, you can all have chance to earn Snode Coins by using consumer grade hardware's like CPU and GPUs. During PoS phase, the most latest PoS protocol, PoS v3.0 is used.

Snode Coin Specification

Coin NameSnode Coin
Coin TypePoW/PoS/MN
Coin TickerSND
AlgoNeoscrypt
P2P/RPC Ports18988/18989
Block Time90 Seconds
Block Reward100 SND
PoW Difficulty RetargetingDarkGravity v3
Coin Maturity101
Stake Maturity12 hours
PoS Difficulty RetargetingEvery Block
Max Coin Supply60 000 000 SND
Premine1 500 000 SND
Halving factorEvery 350 400 Blocks
Masternode Collateral10 000 SND
Masternode Reward80 SND

PoW Rewards Breakdown

Premine PhaseBlock HeightBlock RewardTotal Premine
Ended1 - 15100 000 SND1 500 000 SND
Kickstart PhaseBlock HeightBlock RewardMasternodesMiners
Ended16 - 9 0000.001 SND0 SND0.001 SND
POW Presale PhaseBlock HeightBlock RewardMasternodesMiners
Ended9 001 - 13 00080.001 SND80 SND0.001 SND

PoS Rewards Breakdown

POS Presale PhaseBlock HeightBlock RewardMasternodesStakers
Ongoing13 001 - 15 00080.001 SND80 SND0.001 SND
PoS Phase IBlock HeightBlock RewardMasternodesStakers
15 001 - 350 400100 SND80 SND20 SND
PoS Phase IIBlock HeightBlock RewardMasternodesStakers
350 401 - 700 80050 SND40 SND10 SND
PoS Phase IIIBlock HeightBlock RewardMasternodesStakers
700 801 - 25 SND20 SND10 SND

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