|Block time:||60 seconds|
|Max block size:||7.5 MB|
|Difficulty adjustment:||each block (Dark Gravity Wave v3)|
|PoW:||ends on block 259200|
|Masternodes:||1000 XLR collateral|
|PoS:||starting from block 259201|
|Max Coin Supply:||Infinite|
|20% Stakers / 80% Masternodes If Budget Proposal is Active: 15% Stakers / 75% Masternodes / 10% budget system|
|PoS Phase 1 - Blocks 259201-302399||1 XLR|
|PoS Phase 2 - Blocks 302400-345599||0.95 XLR|
|PoS Phase 3 - Blocks 345600-388799||0.90 XLR|
|PoS Phase 4 - Blocks 388800-431999||0.85 XLR|
|PoS Phase 5 - Blocks 432000-475199||0.80 XLR|
|PoS Phase 6 - Blocks 475200-518399||0.75 XLR|
|PoS Phase 7 - Blocks 518400-561599||0.70 XLR|
|PoS Phase 8 - Blocks 561600-604799||0.75 XLR|
|PoS Phase 9 - Blocks 604800-647999||0.70 XLR|
|PoS Phase 10 - Blocks 648000-Infinite||0.25 XLR|
Solaris is a decentralized open source cryptocurrency focused on privacy, innovation and the advancement of technology. Utilizing environmentally friendly Proof of Stake consensus protocol and a supporting secondary Masternode network, Solaris establishes itself as a secure, self-sustaining, decentralized and private cryptocurrency for everyday use.
|+ Ease of setup. (just have coins in the wallet, put staking=1 in conf then unlock it to start staking)|
|+ No initial startup time (payout delay) unlike a masternode requiring 1-2 days when it's first started.|
|+ Flexible (less penalty/delay for being offline for over an hour like a masternode)|
|+ No minimum or specific amount of XLR is needed to activate staking.|
|- Unpredictable profitability & frequency of payout|
|- Most likely less payout amount / frequency than masternode (due to higher competition & lower block reward)|
|+ Better rewards (in most cases)|
|+ More predictable profitability & payout rate by looking masternode stat pages|
|+ Ability to vote on proposals|
|+ Can be hosted away from your main wallet with the coins|
|- Higher running cost due to higher resource requirement|
|- Not the easiest to setup and troubleshoot when you run into issues|
|- Require exactly 1,000 XLR to setup 1 masternode|
Solaris has partnered and is helping develop the next privacy oriented cryptocurrency exchange. txbit.io will feature a combination of the best security features such as security monitoring, 2 factor authorization, hot and cold wallets, Advanced DDoS protection and TLS/SSL.
These features in combination with an active and attentive security monitoring team will ensure that your funds are safely secured and if there is an issue, that it can be resolved as quickly as possible. Cryptocurrency is filled with opportunities 24 hours a day, so in addition to our intuitive UI, txbit.io will offer full desktop and mobile support to users, allowing them to trade from anywhere, anytime.
World’s first e-commerce platform that can unite sellers and buyers for any cryptocurrency. FLOGmall solves the problem of the use of the cryptocurrency once and for all. Intolerant exchangers, high commissions and uncertain legal status? Forget it! This is a project with a well thought out economy of the token.
Solaris users are able to purchase products and services on the FLOGmall platform now.