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ONEX

Saturday, 9 February 2019





So as to enhance the way toward trading, such a large number of projects have attempted however without much of any result. No project has been observed with characteristics to be utilized for all kind of business application and even to fortify the cryptocurency market. Be that as it may, we have seen the expansion of the blockchain and how it has turned out to be so immense to most likely permit wide range usage. In any case, regardless it need certain alteration in the path a portion of its procedures are done and that is the reason this project called ONEX is shaped. 

Customers and different clients of the ledger tech have face the more awful of  structure of payment  and that is because of the waiting of the old system of payment which is as of now outdated. Presently it is never again acknowledged as the wrongs it has done has just surpassed the rights. Seeing that the general finance industry of cryptocurency has crumbled, the influenced clients clamoring for a superior structure that is more comprehensive than the underlying one. That is the fundamental explanation behind the production of ONEX whose totality is to concentrate on the cryptocurency money and settle the issues with the association of Fiats to crypto or the other way around. 

ONEX being its first sort, decentralized platform for proof of stake, which relies upon etheruem advancement, where POS coin holders meet and gain from each other, conveying each day remunerates by staking their POS coins. The rule objective of proof of stake is to climb the advantages for little diggers, who get together in the pool of stake. For this point, ERC20 utility Token and ONEX token are used, ensuring that pool of stake are in full control of their staked coins. This is possible by the execution of sharp contracts, and universally passed on hubs. 

ONEX STAKE REWARD SYSTEM . 

ONEX ecosystem will enhance and familiarize with PROOF OF STAKES , singular methodologies for getting the most outrageous proportion of remunerations. The reward which each system part is fit the bill for is relating, to the proportion of staked coins. The more noteworthy the holding, the higher the full scale remuneration. along these lines, the allotting for each pool of stake part. The pullout of remunerations. 

In proof of work accord estimation, which was used by the first advanced cash, makes use of computational impact gotten from CPU and GPU. home PCs had skilled gear for the mining technique, With a similar bitcoin centre client. Which fills the need of shared correspondence tradition. At a point in time, home PCs were never again satisfactory, which has set diggers into a difficulty of having no other choice than to buy new and costly electronic fragments with more representations limit in order to mine new bitcoin . 

The inspiration driving the platform is to yield customers the passage of crosschecking the state of the pool and dispersed prizes. While moreover giving all out insurance to customers. This platform will make use of ETHEREUM CLASSIC. People will more likely than not check the total entirety of coins having their property and the delivered rewards so can know their individual prizes. This suggests people can check their reward calculation themselves not trusting in the pool. 

While recollecting tokens holders confirmation, ONEX utilizations ERC223 token standard. ONEX is the first to realize the Proof-of-Stake instrument on Ethereum Classic, inferring that holders of ONEX can win some extra tokens just by holding ONEX for a time period, more imperative than or comparable to The Minimum Coin Age.

TOKEN DETAILS

ERC223/PoS Standard

Name: ONEX Network

Image: ONEX

Decimals: 18

Max Total Supply: 10M

Beginning Supply: 1M

Min Coin Age: 3 Days

Max Coin Age: 90 Days

first Year Interest: 100%

second Year Interest: half

third - fifteenth Year Interest: 10%

To have more information about this project, please do click on the links below

Website: https://onex.network

Whitepaper: https://onex.network/onex_whitepaper_1.1.pdf

Staking Guide: https://onex.network/staking-guide.html

Coinage Guide: https://onex.network/coinage-guide.html

ONEX Calculator: https://onex.network/calculator.html

Youtube: ONEX Network Channel

Medium: https://www.reddit.com/r/ONEXNetwork//

Twitter: https://twitter.com/onexnet

BitcoinTalk ANN: https://bitcointalk.org/index.php?topic=5093718

Saturn Forum ANN: https://forum.saturn.network/t/onex-network-proof-of-stake-token/3061


Bounty0x Username: Chacha100

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