Trading on
Want to implement a rewards system in your business? Instead of leaving funds aside in a low interest bearing account for
employee bonuses or loyalty rewards: setup a
Blocknode masternode to start generating BND tokens. These tokens can be
traded for Bitcoin on an exchange or could be accepted back by the partner business as a
discount.
This is
real world value, accepted the world over and not just a points system. By positioning the customer as the
most important person in this system and yet still supporting the end goal of the business, we offer a simple and
flexible solution: saving costs and increasing productivity.
Blocknode is a new generation cryptocurrency and offers some new features over traditional cryptocurrencies like Bitcoin.
Windows, Linux and macOS Wallets available.
Send, receive and manage transaction delivered to and from your business.
Instructions on how to setup Blocknode in masternode configuration with wallet integration.
Carefully considered and optimized through rigorous market research, we believe to have found the optimum token metrics for our project
PoS
120 secs
470 717 206 BND +
1.3m coins per year after this
20 000 000 BND - distributed
0.9 every 64800 blocks
80% Masternode
15% Proof-of-stake
5% Governance fund
100 000 BND
12 hours
| Block 1 - 500 Premine | = 20 000 000 BND |
| Blocks 501 - 65 300 | 700 BND | = 45 360 000 BND |
| Blocks 65 301 - 130 100 | 630 BND | = 40 824 000 BND |
| Blocks 130 101 - 194 900 | 567 BND | = 36 741 600 BND |
| Blocks 194 901 - 259 700 | 510.30 BND | = 33 067 440 BND |
| Blocks 259 701 - 324 500 | 459.27 BND | = 29 760 696 BND |
| Blocks 324 501 - 389 300 | 413.34 BND | = 26 784 626 BND |
| Blocks 389 301 - 454 100 | 372.01 BND | = 24 106 163.76 BND |
| Blocks 454 101 - 518 900 | 334.81 BND | = 21 695 547.38 BND |
| Blocks 518 901 - 583 700 | 301.33 BND | = 19 525 992.65 BND |
| Blocks 583 701 - 648 500 | 271.19 BND | = 17 573 393.38 BND |
...UNTIL BLOCK 3 046 101 where rewards are locked at 5 BND | |
| Blocks 3 046 101 - 3 110 900 | 5 BND | = 324 000 BND |
| Blocks 3 110 901 - 3 175 700 | 5 BND | = 324 000 BND |
AND SO ON... | |
APPROXIMATELY 3 MONTHS BETWEEN EACH STEP. | |
Project start
Early partnerships
Blocknode legalwork
Website
Whitepaper
Blockchain development
Testnet deployed
Desktop Wallets for Win, Linux, macOS
Mainnet genesis block
Presale
List on first exchange
List on masternode.online website
Wallet for Raspberry Pi
List on second Exchange
Banner advertising campaigns
Signup small to medium business
Third exchange prospecting
CMC listing
Android Wallet app
iOS Wallet app
Exhange Listings
Desktop Wallet Upgrade
Bespoke wallets
BND Atomic swaps
Enterprise level partnerships
Blocknode foundation
Full Zcoin privacy enabled
Sidechain Development
Before contacting support, please try to find your answer in the FAQ below. If you cannot find your answer, clearly state your question and email us at contact@blocknode.tech.
Blocknode is a 2nd generation cryptocurrency and offers some new features over traditional cryptocurrencies like bitcoin. The Blocknode platform is a decentralized loyalty rewards program run on the blockchain powered by the Blocknode token, with masternodes, proof of stake, bespoke and customizable wallets and a community based treasury governance system.
Windows 64 Bit
Windows 32 Bit
Linux 64 Bit
macOS
Other
RPI (ARM): Future Development
Mobile Blocknode Wallet: Future Development
iOS: Future Development
Paper Wallet: Future Development
There are several options:
Disclaimer: Moving the funds tied to a system or master nodes cancels said system or masternode. Unlocking funds from the inputs menu
Windows wallets can enable coin control features through Settings > Options > Open the āwalletā Tab> Check the coin control features tab. In the sending screen, you can see the "Inputsā¦" option now. Click on that and unlock the funds by right clicking the funds with a lock > Unlock Unspent
Unlocking funds by deleting their respective line in masternode.conf Go to your wallet.dat folder and open the masternode.conf file. Every line configures one masternode. Every line locks a transaction that qualifies for a system- / masternode output (100 000 BND). You can delete the desired output to unlock the respective balance.
The Blocknode network is secured by nodes. These nodes require collateral to setup, this will be 100 000 BND for a masternode.
Masternodes get block rewards, Governance is also controlled via the Masternodes. Please refer to the Whitepaper for more details.
Masternodes require 100 000 BND collateral and receive 80% of the block reward.
As of May 2018:
- Ubuntu 16.04 VPS with dedicated IP
- 1GB RAM (or 512MB + 512MB vSwap)
- 10GB HDD
- Required specifications may increase over time.
Unfortunately not. It is strictly one MN per VPS/IP-address.
You will need a fixed external IP to run it locally. However it is not recommended to do so since any downtime will put your node in the back of the queue.
Only the VPS is running 24/7, the local wallet does not have to be running. Once itās up and running you donāt have to do anything and you save a lot of energy/hardware usage at home by having the rented VPS. You can manage your rewards from the local wallet, you can log in to the VPS for updates or in case you have errors.
It takes roughly 2 minutes when you open your wallet, to tell the status of your masternode. Please wait before trying to restart it as it may already be running.
The Blocknode proposals system provides a means for Blocknode to fund its own development. While other projects have to depend on donations or premined endowments, Blocknode uses the block reward to fund its own development. Every time a block is mined, 5% of each block reward is allocated to a central fund to independently support the Blocknode development. This means to approximately 50,000 BND is available for funding at the end of each superblock. Blocknode community members can submit their own proposal and ask to receive funding for a project that they think will benefit Blocknode as a whole. A collateral transaction of 50 BND is required for this - these tokens will be burned.
The proposal system entitles Masternode operators to vote for or against submitted proposals.
If you are a Masternode operator you can submit proposals using the debug console of your wallet. There is a specific format for these submissions. Please also post your proposal on governance.blocknode.tech and include a link to your post in your submission.
If you are a Masternode operator you can vote on submitted proposals using the debug console of your wallet. Watch this tutorial for more information.
The last possible date to submit a proposal is 3 days before the superblock. Take into account that masternode owners need time to vote. Submitting a proposal this late is not recommended.
The last possible date to submit a vote is 2 days before the superblock.
Any question? Reach out to us and weāll get back to you shortly.
