Our blockchain will be powered by our own native coin: XON. Users will be able to utilize XON to pay for all services and products within our 1NODE ecosystem. In this ecosystem, our goal is revolutionize masternodes by providing several solutions all under one roof:
1CLICK: A tool that’ll allow you to deploy your masternodes in seconds.
1TRADING: A decentralized exchange platform that will allow users to trade masternodes and instantly convert their rewards into FIAT or BTC. We aim to create a set of tools that provide great advantages for investors. On top of that, we’re also implementing a liquidity bot that allows liquidity to come from other exchanges.
1SOURCE: Smarty industry builder and blockchain solution provider.
1POOL: Multi-coin pools for masternode and proof-of-stake coins.
1COMMUNITY: Communities for investors and traders to discuss and share ideas.
1POS: Our Point of Sale system will enable local and global merchants to accept cryptocurrencies as a legitimate payment method. The system will instantly swap digital assets into FIAT, removing the volatility for business.
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POS is an advanced type of mining that eliminates the need for an energy-intensive device entirely. It achieves this by distributing the emission of new coins among the existing coin holders. Through staking, you make computer resources available to the network, which may select the node to generate the upcoming block onto the chain based on delimited competition. In the case of XON, these limits are defined by taking into consideration the staking balance of your wallet combined with every staking node trying to compete with eachother.
Below you can find a handy overview of the XON coin specifications. For more information regarding our block rewards for both staking and masternodes, please refer to our Discord community or website.