We want many BitNodes to be available to our community to mine, grow, and benefit from.
For urgent transactions a payment can be instantly received and confirmed by the recipient via the InstantX function.
BitNodes was designed to use the X13 hashing algorithm which keeps mining open to GPU miners.
Our MasterNode-based infrastructure ensures stability within the community and constant maintenance.
BitNodes is free and open source, you can download the source on github.
We increased the speed of block generation and changed the hash algorithm to X13.
BitNodes uses the POS & POW protocol with an innovative reward mechanism that dynamically distributes 50% of the reward between the masternodes.
BitNodes is designed for a crypto community, with the ability to quickly anonymous transactions and a fair management system.
We are going to become leaders in crypto currency progress, because BitNodes is easy to use and has the most secure and evolving code of the program
Masternodes: The masternodes are the main participants of the network, which hold a constant amount of 1000 NODE, which allows them to demand payment of interest for each generated unit. The scale is arbitrarily drawn so that each Masternodes has the same average value. You can see winning masternodes by simply typing console "winners of masternodes", you will get a list of NODE addresses for future blocks. Masternodes also helps to maintain a reliable and fast network of connections around the world.
Instant X: You can send money faster between NODE wallets thanks to the support of of masternodes. Thus, the transaction verification will be faster, but approximately 1000 ultrasound is limited. The transaction cost will be higher than a typical transaction to reward the masternodes that confirmed the transaction.
DarkSend: DarkSend is a function that makes an anonymous part of your coins. Parts, anonymous, will be available only in DarkSend networks and can be exchanged anonymously between purses. Anonymization of a currency includes a variable cost depending on the volume to be processed and takes a long time.
Mixing coins: coin milling is done by Masternodes, servers operating in a decentralized network of volunteers who are responsible for signing transactions. Then random random patterns are chosen to perform the coin mixing.
|Mode||POW & POSe|
|Start Mining||Tuesday, 26-Dec-17 09:00:00 UTC|
|Block time||120 seconds|
|Recalculated difficulty||Every 24 hours|
|Max coin available||100.000.000|
|Transaction confirmation||6 blocks|
|Mining maturation time||25 blocks|
|Masternodes Creation||1000 NODE|
|1 to 5000||100 NODE||~02 Jan 2018|
|5000 to 10000||50 NODE||~09 Jan 2018|
|10000 to 15000||25 NODE||~16 Jan 2018|
|15000 to 20000||12.6 NODE||~23 Jan 2018|
|after||6.25 NODE||~20 Jan 2070|
Generated rewards for masternodes: 50% of blocks