MANGO MANGO uses Proof of Work And Masternodes technology to confirm transactions and keep the blockchain moving. This dramatically minimizes the impact on the environment, and allows anyone to participate, without the need for expensive mining gear.
______________________________________________________ SwiftX SwiftX is a service that allows for near-instant transactions. Through this system, inputs can be locked to only specific transactions and verified by consensus of the Masternode network. Conflicting transactions and blocks are rejected. If a consensus cannot be reached, validation of the transaction occurs through standard block confirmation. SwiftX solves the double-spending problem without the need for longer confirmation times of other cryptocurriencies such as Bitcoin.
| ______________________________________________________ Mango Reward Mechanism
The reward system of Mango, balances the payment per block between masternodes and miners oscillating the payments depending on number of masternodes and current max supply, but with the limitation that starting from 50%, it can only raise or lower the payments in a 10 %.
For Example if the Masternodes have dominating the network, then the miners will receive 60% of the block and the masternodes 40%, on the contrary, if the miners have control of the network, then they will receive 40% and the masternodes 60%.
Masternode Network Masternodes are full nodes, just like in the Bitcoin network, except that they provide a level of service to the network and required collateral to participate. Collateral is never forfeit and is safe while the Masternode is operating. This allows investors to provide a service to the network, earn interest on their investment and reduce the volatility of the currency. In order to run a masternode, you're required to have 5000 MANGO and a static IP address.
Due to the nature of the Masternode rewards, the amount that you are going to receive is dependent on the total count of active Masternodes.
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Release Date: March 4, 2019
time: 21:00 New york city time
Name MANGO
Ticker Symbol MNGO
Algorithm PHI1612
Type PoW
Block Time 120 Seconds (2 mins)
Difficulty Retargeting Every Block
Max Coin Supply (PoS) 21,000,000
Premine/Initial Supply 1,200 MANGO*
MANGO Created Per block 15
Reward Method `Mango Reward System`
*This Premine will be used to sell masternodes, it would be burned after 3 Months.
The Mango Team will sell Coins to Get Funds to pay for better Services and more Partnerships.
You can Buy Coins with our Partner Enmanet Exchange:
Initial Price would be: 0.00000100 Satoshis per coin.
Masternode Price: 0.005 BTC
Discord: https://discord.gg/SFy5NfEGithub: https://github.com/develmango/mango.git (it would be available at launch time)
https://www.Enmanet.com Partner Exchange (it would be available at launch time)
http://tradesatoshi.com (in talks to get listed)
http://mango.enmanet.com Official Explorer (it would be available at launch time)
Open Bountys
Block Explorer 500 MANGO ( available: 3 claimed: 0 )
Pools 500 MANGO (Available: 3 claimed: 0 )
Faucet 500 MANGO (available: 1 Claimed: 0 )
Translations
Rules- translations must be an exact copy of this post and google translator is not accepted.
Chinese: 200 MANGO
Spanish: 200 MANGO
Portuguese: 200 MANGO
Russian: 200 MANGO
Japanese: 200 MANGO
Italian: 200 MANGO
turkish: 200 MANGO
German: 200 MANGO
Swedish: 200 MANGO
Polish: 200 MANGO
Croatian: 200 MANGO
Marketing
Post announcement in Cryptocointalk: 200 MANGO ( Available: 1 Claimed: 0)
Post in other altcoin forums: 200 MANGO ( Available: 5 Claimed: 0)
Post in Japanese forums: 200 MANGO ( Available: 5 Claimed: 0)
Post in Chinese Forums: 200 MANGO ( Available: 10 Claimed: 0)