Welcome to Ratecoin XRA from StakeMiners.com - January 2019
RateCoin (XRA) is a Proof of Stake (POS) coin, engineered for competitive long term staking. Our coin, designed by the well know developer "PressTab", was built for long term sustainability as its primary focus. Stake rewards are generous enough to encourage holding and minting of the currency, but are low enough that inflation is minimized.
Ratecoin gives incentive for long term stake holders which functions to keep coins away from exchanges as they stake. This creates upward price pressure on the exchange rate by reducing the potential supply available to trade or stake.
Ratecoin is designed with a 3 minute block target, meaning that approximately 480 blocks are added to the chain per day, 175,200 per year. This reduces the time and storage needed to sync the XRA's blockchain. As a result Ratecoin can easily scale over a long period of time.
Specifications
Ticker: XRA
Coin Type: 100% PoS (with PoW launch)
Block Header Algo: X11 Last PoW Block: 20,000
Block time: 3 minutes
Coinbase maturity: 50 blocks
PoS Minimum Age: 4 hours
Stake Rate: (minimum reward of 100 XRA)
0-1 Days Age: 0.25%
1-2 Days Age: 1%
2-4 Days Age: 1.5%
4-8 Days Age: 2.25%
8-16 Days Age: 3.375%
16-32 Days Age: 5.0625%
32-64 Days Age: 7.5938%
64-128 Days Age: 11.3906%
128-256 Days Age: 17.0859%
256+ Days: 25.6289%
Max stake age to 256 days (after this stake weight will remain constant). Ratecoin's reward scheme is designed to give ahigher reward percentage if you take longer to stake your output. If you stake in less than 1 day, you will get a 0.25% rate. If you stake in over 1 day less than 2 day you will receive 1%. For every doubling of days after that, you will receive 1.5 times more rate, up to 256 days for a reward of 25.6289%. There is also an added minimum reward of 100 coins. If you would like to save some of your coins for a certain amount of time, simply go to coin control and right click on the coin and select "lock" and it will prevent it from staking.
Ports: RPC Port: 35850 P2P Port: 35851
Block Explorer: Stakeminers.ca
Website: https://stakeminers.com/ratecoin/ratecoin.html.
Our website page contains information on the config file, addnodes, wallet links, and other information. For current or updated addnodes please see our Crypto-City page, Discord channel or email us.
Email: info@stakeminers.com
GitHub Source: https://github.com/RateCoinXRA/ratecoin
Exchange:
https://freiexchange.com: ;https://freiexchange.com/market/XRA/BTC
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