Coin type
PoS
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If you have already bought masternodes (in the presale phase), you surely are aware of possible problems — different portals, untrustworthy people, strange presale auctions and a lot of scammers.
All in all there is a huge variety and it is an unsatisfactory situation for both - masternode investors and developers that can cost a lot of energy, time and money.
All those problems need smart developers to tackle the challenges and to create solutions that are suitable for everyone. This is the main idea behind Cronos!
To overcome those problems, we provide a toolchain for masternode coins to solve the stated problems transparently and concisely.
Take a look at some of the main features of our “Presale-Suite” software toolchain (the first of many other tools to be released):
PoS
50,500,000 + Community blocks
2 minutes
15,000 CRSX
80% block reward
1 hour
3 MB
Proof of Stake
| Block height | Staking | Masternode | Reward sum |
|---|---|---|---|
| 1 - 20,000 | 50 CRSX | 200 CRSX | 250 CRSX |
| 20,000 - 40,000 | 40,5 CRSX | 162 CRSX | 202,5 CRSX |
| 40,000 - 60,000 | 36,45 CRSX | 145,8 CRSX | 182,25 CRSX |
| every 20k blocks | 10% reduction | 10% reduction | 10% reduction |
Cronos is a "Proof-of-Stake" (short "PoS") masternode coin like Dash or PIVX (see technical details). Instead of mining from the classical point of view (the so called "Proof-of-Work" approach), transactions will be done via the “trustworthiness of the collective” by simply holding coins in the wallet.
Cronos was made for improving the “ecosystem of masternodes” and to make it both, more user-friendly and safer to use.
In contrast to existing solutions our presale system is way more than just a crowdsale contract.
In addition to the Ethereum based smart contract implementation, we also offer the appropriate frontend built with Angular 7 for a smooth user interaction.
Our open source toolchain should adapt to community needs and will be improved/extended over time.
The Cronos project is constantly evolving - take a look at our roadmap
Take a closer look at our whitepaper to learn more about Cronos!