Orange Coin it’s a very juicy cryptocurrency !
I bet you all saw the wave of cryptocurrencies with fruit names . But Orange Coin it’s one of the hardworking one with lots of features that would stir the interest of many investors . Today we will spread lot of useful information about their work and progress so far .
They are on the verge of implementing a Masternodes System for the use in Orange Coin network to help offer anonymous transactions and reward users for doing so. Each Masternode will require 2000 OC to enable, with full server guides to be released prior to code and client release.
If you plan on running an Orange Coin Masternode it is recommended to have experience in network security and administration.
The code will be public when Orange Coin Development Team are 100% sure that the code it’s has no major bugs and be sure it’s done right . To setup a Masternode you will be given instructions prior Masternodes launch . As reward in the first year there will be around 1 million OC given to Masternodes. Depending on the number of Masternodes depends on the rewards and they will get paid at 30 days but isn’t fixed . This process intends to be 100% automated, using original ideas from Darkcoin and adding their own Orange Coin flavor.
Adding more features
Well they want to have an anonymous in a DarkCoin style with some Orange Coin juice also Masternodes Project that will provide the anonymous process for them and to be honest for a 3 weeks coin it’s doing pretty good ! What more ? Let’s see a nice l list of future features that will be added :
Features that are coming soon
- OrangeCoin Official MultiPool – They are already on other multipools .
- Android Wallet
- More development of the Wallet client for Commercial Purposes – Both online & Point of Sale .
- Enhance Orange Coin user experience and friendliness with more wiki’s and explanatory videos.
- Create tools for easy website integration for Orange Coin payments.
- Bring a new UI design to Orange Coin Wallet.
- Release more promotional material .
- Anonymous Transactions
- High number of acceptance across high volume exchanges
- Development of social grow with more giveaways and bounties keeping people aware about Orange Coin missions .
- Make Orange Coin a trustable name as a way of payment worldwide .
We din’t forgot about Specifications & Distribution!
- 50 Million Coins POW Initial Distribution.
- POS Minting, ~46 years, 200 Million Coin Cap.
- Block Times: 2 Minutes.
- 14 Days Min/28 Days Max Stake.
- Confirmation on Mined Blocks: 350.
- Transaction Confirmations: 7.
- Coin Control.
- Low Transaction Fees.
- Open Source.
- Scrypt POW/POS
- Total POW Coins: 50,000,000
- Total POS Coins: 150,000,000
- Total Mined Coins : 200,000,000
- Block Reward: 5000
- Total Blocks: 10000
- Premine .5% for Dev support, and future development of total mined coins.
- Port 18872 RPC Port 18873
OrangeCoin PoS Minting Schedule:
Click here for “How to Stake”!Calculated earliest PoS minting schedule, if every coin stakes, and blocks are on time. Only an estimate, actual times/amounts may vary.
POS After Block 10000: 20% first year, 10% second Year, 5% third year, Flat 2.5% Continuous.
- End of PoW: 50 million total in circulation
- End of Year 1: 60 million
- End of Year 2: 66 million
- End of Year 3: 69.3 million
- End of Year 4: 71 million
- End of Year 5: 72.8 million
- End of Year 10: 82.4 million
- End of Year 20: 105 million
- End of Year 30: 135 million
- End of Year 46: 200 million
Conclusion & Resources
To be honest this looks like a fair and resilient. Orange Coin did all that in almost 1 month of activity when most of the coins these days are crying with IPO and investors cause they don’t find exchanges and people don’t like them , but not with Orange Coin , they nailed it very well and they will keep bring new stuff to the table for it’s believers !
In final we will leave you guys with some useful links & resources about Orange Coin with a good tough about them and i hope they will succeed .
BitcoinTalk Orange Coin : https://bitcointalk.org/index.php?topic=581894.0
OrangeCoin Official Website :http://orangecoins.info/
OrangeCoin Twitter :https://twitter.com/Orangecoins
Multipools : CoinKing.io , HashCows.ws
Also if you liked our article you can EASY donate OrangeCoin by using our Tip Jar Widget where you choose “OC” and our donation address is shown . Thanks for reading & invest safe .