I'm talking about the real strength of a coin, not a pump and dump scheme or a Copycat-Masternode-Shitcoin.
In fact, it’s the increasing use in real life that de facto includes an increase in its value (supply and demand law). But for a coin to be used, it must have a purpose and meets a need.
SPD believe that a decentralized, blockchain-based platform will be better and a more future-proof replacement for such platforms. Because Stipend’s platform relies on the blockchain – all transactions, ratings and history will be permanently engraved into the blockchain which will further increase the openness and transparency in this market.
There are many other positive and interesting things in the project, Let's go further on the SPD Cryptocurrency.
And then, together we will watch how this project has been developing.
Stipend goes by the ticker SPD, a POS/Masternode coin with 19,340,594 SPD coin total supply.
Algo (POW/POS): C11 / Sha-256d
blocktime: 1.5 min
block reward (POW/POS): 15 SPD / 35 SPD
total supply: 19,340,594 SPD
Difficulty retargeting: every block
P2P port: 46978
RPC port: 46979
Masternode Collateral: 5,000 SPD
1st block premine: 2.45% (475,000 SPD)
Net premine: 2.07% (400,000 SPD)
People will realize that cryptocurrency is not a “bubble”; instead, it is a channel for massive unmet demand for private, sound money.
Keynesian fear mongering regarding “evil deflation” will be proven wrong as the truism that people must spend money to live, even deflationary money, becomes obvious.
Traditional banks will begin to crumble, much like J.C. Penny and Sears under the threat of Amazon. To survive, they will rely on customers who are late-adopters and laggards, among the very last to abandon the fiat system.
Crypto-banks will begin to dominate. They will be global rather than national. Most people will trust their private keys to these banks, realizing that there is no perfectly secure way to store them. Convenience and “good enough” security will be the dominant paradigm.
If you're a photographer, journalist, musician, street performer, or works with any kind of freelancing, you're definitely gonna enjoy the SPD blockchain-based project.
Stipend aims to be an ultimate solution for decentralized jobs marketplace. We want to create a platform which both the freelancers and the clients will love, with low fees, instant payments and never seen before rewarding scheme that rewards the top users.
And the strength of a Masternode is the compound interests. The greatest force in the universe, according to Albert Einstein...
It’s the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.
