$FOR Masternode Review
By @Curt_Shilling
This is not financial advice & shouldn’t be taken as such. This is my personal opinion based on the facts I’ve found researching.
Price: $.021 USD
Market Cap: $2,610,232
24hr Volume: $7,631
Circulation Supply: 123,192,742
Total Supply: 126,794,083
Max Supply: 200,000,000
AVG block time: 45s
Rank: 753
Exchanges: CoinMarkets, Stocks.Exchange, & CryptoBridge.
Force Network
The Internet redefined.
“A cryptocurrency solution that enables real network privacy. Incentivised nodes facilitate the transfer of encrypted information that keeps the source and destination IP addresses hidden from each other.”
Website
White Paper:
https://www.forcenetwork.io/files/whitepaper_forcenetwork_current.pdf
Light Paper:
https://www.forcenetwork.io/files/lightpaper_forcenetwork_current.pdf
Website recently had a complete overhaul along with the Roadmap. Website isn’t bad, all details layed out neatly. Facts about what Force is intended for scroll by. There’s also a list of some facts before the Roadmap:
*The world's first Decentralized Scalable Network (DSNS) Solution.
*Enables real network privacy.
*Incentivised nodes facilitate the transfer of encrypted information that keeps the source and destination IP addresses hidden from each other.
*Apps will no longer reveal your sensitive information to hosts.
*No longer give your ISP access to your network traffic & site metadata. Force enables Net Neutrality.
*No one can tell who the sender or receiver is or read the data while it’s in transit.
Potential Use Cases
• Maintaining privacy and anonymity even from Internet Service Providers
• Secure, zero-knowledge, and enforced encryption of e-mail and messaging.
Masternodes
ROI: 60.12% (607 Days)
AVG reward Payout: ~1hr 27mins
Active MNs: 115
Coins Locked: 57,500,000 (46.67%)
MN requirement: 500,000 $FOR
Cost: $10,612
As of right now, personally, this seems overly expensive with ROI 607 days. Since Force looks like a good project, and good use cases especially with news always circulating about Net Neutrality, I expect the price per FOR to rise. Currently sitting at 2 cents. Chart essentially bottomed out:
As you can see above, we have a ton of potential here. The original team left, and the community has taken over. https://bitcointalk.org/index.php?topic=2359378.560 Developer Team frenchcrypto, brewfox, johndis, jgreyorl, Franco21, Bumbr, hewwo. I have not researched the dev team at this time.