Greetings Friends;
It's not to be expected that new projects are born to try or even manage to change a moment and a situation in the current cryptocurrency market. The solution is not in the creation, but in the proposal established by the new project. So in this article I will write about Jericoin a new project focused on the income of stakes with an alternative in the variation of the reward. Maybe you are wondering if the Masternode and stakes market is saturated but the answer is quite simple, saturation is not in copy and paste; that is how many projects we find in the world of crypto that are a copy of another project in its entirety? We know that virtually every market derives from Bitcoin, but most of them establish and propose new technologies and new improvements in their segment. With Jericoin it's not different the change is in the variation and reward alternative because this could encourage new people to execute a node without expecting the same values as Roy. Below I will describe the project and how it may affect your investments and income for the foreseeable future. One detail that we cannot overlook is that Proof of Stake(POS) is being seen differently after the Ethereum merger and its surprising result without having to lock the network and all market connections. In practical terms, the Proof of Stake(POS) is a quick solution when we talk about performance without harming the environment, a subject that is much discussed in the agendas of several governments around the world.
What is Jericoin?
Jericoin is a Proof of Stake(POS) project with a second layer masternode with the possibility of connecting a node or receiving bets. The allocation of earnings boils down to 70% for Masternode and 30% for bettors, that is, for those who intend to hold some amounts in their wallet. In terms of connection and symbology Jericoin is the six-pointed star that has several meanings in different cultures where the theoretical basis is summarized in protection. For Jericoin the protection extends from its technology in the sending and receiving to its reward in the bet line and masternode. The big differential of the Jericoin project is in the reward structure where there is a fluctuation in earnings from node allocations. With permanent guarantee from Masternode Jericoin, P2P is operating in a decentralized way in its entirety where transactions and management are executed by its blockchain(Network).
Specific analysis...
We can place 6 important project concepts at each end of the star, summing up the connection of all points.
- Decentralized Governance
- Sustainable Economy
- Alternative Rewards
- Usage Application
- Proof of Stake(POS)
- Payment Gateway
The project is summarized with the points mentioned above where the applicability extends to practices in all segments of payments, rewards.
New possibilities in a Better System
Using the reward alternative, the project guarantees a variety of commercialization and adherence because it's not limited to a specific gain. The new reward model guarantees new users and Masternode adaptors to get a considerable amount in relation to the total supply of the project. Returning to the subject of application and as I mentioned above Jericoin can be part of several payment segments and in my opinion in ecommerce and all existing marktplaces today can be interesting alternatives to leverage the project to new levels. So being part of an online segment could be an important step for the Jericoin project because it could increase the demand and its daily usage feeding the network as a whole. There are other alternatives that the Jericoin project can follow, but that depends on the movement and momentum of the market. Being adaptable means being ready for anything new and having the necessary judgment to know when to change and follow a different path. The good thing about being a new project is that it's not required to deliver immediate results and this guarantees the necessary time for the maturation and development of any project.
Jericoin Specifications:
Coin
Name: Jericoin
Symbol: JHL
Algo: SHA256csm(GPU) - Proof of Stake(POS)
Total Coin Supply: 700 Millions
Exchange
Conclusion
I believe there is no need to write a gigantic text to describe the simplicity and possibility of receiving alternative rewards. In my opinion Jericoin carries the simplicity necessary for practical and daily use in the world of crypto. Therefore, it carries the energy of the new and carries the possibility of adapting to any situation and being part of this project can provide you with a learning path in monitoring and developing the project. Finally, Jericoin is ready to guarantee your earnings in the allocation of masternode and stakes , but it is also ready to serve payment segments thanks to the use and simplicity of P2P.
I like to emphasize that my style is introductory and motivational and that my intention is not to describe in technical terms and if you are looking for this type of information, I recommend that you access the links at the end of the article to learn more and understand the mechanisms and processes of reward variation in running Masternode and its alternatives.
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