How I discovered Galactrum ?
I have been working with IT for more than 20 years and due to lack of knowledge I ignored Bitcoin in 2014 and only joined Cryptocurrency Market at 2017.
Since then I have tried almost all forms of gains with Cryptos : Buy and Hold, Trading, Mining, Staking, and then, close to Jan, 2018 I discovered Masternode's Concept on Dash.
Well … was a bit "too late" considering the value over $1,000 each one, so I started to search for another options …
So I found Galactrum in Feb, 2018, studied project and set up my first Masternode in March. Since then I reached ROI and each week or so I make profit. A Solid and trustable cryptocurrency with low actual supply of ~ 2.1M and total of 26M.
✅ Short History :
Dash Digital Cash (Genesis Block Jan, 2014) is an open source P2P cryptocurrency based on Bitcoin and focused on fast payments.
Galactrum ORE (Genesis Block Dec, 2017) is an improved Autonomous Digital Currency forked off Dash platform.
✅ Proposal and Voting System, Decentralized Autonomous Organization (DAO), Galactrum Treasury, Voting Platform
✅ ASIC PoW Consensus Resistance, Lyra2v2
Proof-of-work mining has a few serious problems. Every day, networks like Bitcoin and Dash become evermore centralized. Industrial-scale mining operations that burn through electricity have put the power to control the networks in the hands of just a few, mainly using ASIC hardware. Individual miners have to rely on mining pools to compete. But mining pools themselves also act as a force for network centralization. Mining is quickly becoming more of a problem than a solution.
Galactrum is ASIC resistant thanks to Lyra2v2 chained algorithm !!!
✅ Masternodes and Mining Network
Unlike Bitcoin's single-tier network of miners, Galactrum uses a two-tier network of Masternodes and Miners.
As in Bitcoin and Dash, Galactrum miners secure the network by providing Proof of Work (PoW). The 2nd tier of the Galactrum network consists of masternodes, which perform Cloaked and Instant Send functions.
Masternodes require 1000 ORE as collateral to avoid Sybil Attacks. This collateral can be spent at any time. Doing this removes the associated masternode from the network. Because masternodes perform essential functions, and because their hardware and bandwidth requirements increase as the network scales, the block reward is split between miners and masternodes, with each group earning % of the block reward. This ensures that all essential parts of the network are incentivized for their participation.
| Block Height | Miner | Masternode | Treasury | |
|---|---|---|---|---|
| 1-89,999 | 50% | 50% | 0% | |
| 90,000-99,999 | 40% | 60% | 0% | |
| 100,000-109,999 | 30% | 70% | 0% | |
| 110,000-197,099 | 20% | 80% | 0% | Actual Phase |
| 197,100-Infinity | 15% | 75% | 10% |
✅ Wallets
Windows, macOS and Linux Desktop done and mobile Android and iOS on the way !
Website : https://www.galactrum.org
CoinMarketCap : https://coinmarketcap.com/currencies/galactrum/
Discord Chat : https://discord.gg/zQcPK9G
Twitter : https://twitter.com/galactrum
Bitcointalk Thread : https://bitcointalk.org/index.php?topic=2576111.msg26237119
fabiopimenta@gmail.com
ORE Address : GVkkbDZpYdn6SLWzW9Gi26KkDreEQPcJ81