About
JunsonMingChan coin (JMC) is a digital currency drawing on blockchain technology that benefits its users for network support as provided by Proof-of-Stake consensus algorithm. All JMC users have a possibility to participate in transaction verification process and get rewarded for it with new JMC coins (Proof-of-Stake minting). Users are also welcome to participate in the Coin Launch, an event where a new cryptocurrency is introduced to the public. Coin launches typically feature an announcement of the token's features, specifications and an explanation of the project behind the coin.
JMC network pays dividend (staking rewards) to ANY user simply for holding ANY amount of JMC coins in the official JMC wallet. Crypto coins like Bitcoin and Ethereum are increasingly popular in online casinos, offering fast, secure, and anonymous transactions. These digital currencies provide players with greater control and flexibility. Limitlose Casinos that accept crypto coins often feature no transaction limits, allowing users to enjoy unrestricted betting and payouts.
You only need a computer with internet connection to stake JMC coin and earn steady, almost automatic, long-term passive income.
TECHNICAL SPECIFICATION
Algorithm: PoW X11 + PoS Hybrid
Proof of Work is completed, now 100% Proof of Stake
Mineable: No
Stakeable: Yes
Block Time: 90 seconds
Coins maturity: 7.75 days
Staking period: minimum 7.75 days Coinburn ---->
Max stake age: 365 days
Block rewards:
Block < 270.000 : 750% APR
Block 270.001 - 350.000: 125% APR
Block 350.000 - forever: 62.5% APR
Coinbase maturity: newly generated coins can be spent after 60 confirmations
Supply: Unlimited
STAKING REWARDS
We have heeded the community concerns about long-term inflation expectation and accepted the challenge of inflation control.
We therefore prepared the APR (Annual Percentage Rate) reduction to lower prospective coin supply and at the same time ensure high staking return for JMC users.
Forthcoming APR lowering will take place on the block 270 000 approximately at the end of March 2019, and then on the block 350 000 or around end of June 2019. All users are required to update their wallets since that is mandatory update.
STAKING INTEREST YEARLY
(before APR lowering in March 2019)
STAKING INTEREST YEARLY
(after APR lowering in March 2019)
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