Difference between revisions of "Genesis Network Wiki"

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<strong>Genesis Network</strong> is a blockchain based payment processing ecosystem.  
 
<strong>Genesis Network</strong> is a blockchain based payment processing ecosystem.  
  
The beginning of the Genesis Network starts with Genesis.
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The beginning of the Genesis Network starts with the Genesis blockchain.
  
 
<strong>Genesis</strong> (Ticker: <strong>$GENX</strong>) is an open-source blockchain forked from Bitcoin 0.16.
 
<strong>Genesis</strong> (Ticker: <strong>$GENX</strong>) is an open-source blockchain forked from Bitcoin 0.16.
  
Genesis launched August 16, 2018. Genesis is the <strong>first</strong> Equihash cryptocurrency on the 0.16.x BTC codebase. Genesis provides a <strong>fair-launch</strong>, <strong>transparent</strong>, GPU mineable blockchain with <strong>no-premine</strong>, <strong>no ICO</strong> and <strong>no auction</strong>. Genesis blockchain provides the fundamental building blocks for developing the standard in point-of-sale and payment processing platforms.
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Genesis blockchain launched August 16, 2018. Genesis is the <strong>first</strong> Equihash cryptocurrency on the 0.16.x BTC codebase. Genesis provides a <strong>fair-launch</strong>, <strong>transparent</strong>, GPU mineable blockchain with <strong>no-premine</strong>, <strong>no ICO</strong> and <strong>no auction</strong>. Genesis blockchain provides the fundamental building blocks for developing the standard in point-of-sale and payment processing platforms.
  
The platforms will focus on <strong>fixing</strong> the user experience with blockchain technology by creating <strong>simple</strong> and <strong>effective</strong> payment processing systems. These will include standalone and integrated point-of-sale systems for small business and e-commerce that are fully audit-able and easy to use. Also including in these systems is multi-platform social media/blogging/website payment processing systems that are secure and maintain decentralization.
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The platforms will focus on <strong>fixing</strong> the user experience with blockchain technology by creating <strong>simple</strong> and <strong>effective</strong> payment processing systems. These will include standalone and integrated point-of-sale and payment processing systems for small business and e-commerce that are fully auditable and easy to use. Also including in these systems is multi-platform social media/blogging/website payment processing systems that are secure and maintain decentralization.
  
The Genesis Network Official Team is powered by a small, but well-experienced team in the aspect of business, development and cyber-security. The team will never ask for monetary community donations. The community opinion is voiced through Genesis Network official forums and governance voted through future implementation of Masternodes.
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The Genesis Official Team is powered by a small, but well-experienced team in the aspect of business, development and cyber-security. The community opinion is voiced through Genesis Network official forums and social media
  
 
== Genesis Cryptocurrency Specifications ==
 
== Genesis Cryptocurrency Specifications ==
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<strong>String</strong>: GENX_PoW<br>
 
<strong>String</strong>: GENX_PoW<br>
 
<strong>Hashing Algorithm</strong>: Equihash 192.7<br>
 
<strong>Hashing Algorithm</strong>: Equihash 192.7<br>
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<strong>Difficulty Adjustment</strong>: Zawy12's LWMA<br>
 
<strong>Block Time</strong>: 60 Seconds <br>
 
<strong>Block Time</strong>: 60 Seconds <br>
<strong>Block Reward</strong>: Randomized<br>
 
 
<strong>Block Size</strong>: 2MB<br>
 
<strong>Block Size</strong>: 2MB<br>
 
<strong>Confirmation</strong>: 100 Blocks<br>
 
<strong>Confirmation</strong>: 100 Blocks<br>
<strong>Difficulty Adjustment</strong>: Zawy12's LWMA<br>
 
<strong>Circulation Time</strong>: 1st Year (Theo. Min) 10,512,000. (Theo Max) 543,047,800. (Theo Avg) 280,430,300.<br>
 
 
<strong>Max Supply</strong>: 4.1 billion $GENX<br>
 
<strong>Max Supply</strong>: 4.1 billion $GENX<br>
 
<strong>Independent Blockchain</strong>: Yes<br>
 
<strong>Independent Blockchain</strong>: Yes<br>
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== Division of Block Reward ==
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<strong>Proof-of-Work Reward</strong>: 350 $GENX + Big Blocks<br>
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<strong>Masternode Reward</strong>: Primary: 1-180 $GENX - Secondary: 20-199 $GENX<br>
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<strong>Founders</strong>: 60 $GENX
  
  
 
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If you want to contribute to the Genesis Wiki, please contact the team in <html><a href="https://discord.gg/dh7TbGv" target="_blank">Discord</a> or the <html><a href="https://genesisnetwork.io/forum/" target="_blank">Official Forums</a></html>.
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If you want to contribute to the Genesis Wiki, please contact the team in <html><a href="https://discord.io/genesisnetwork" target="_blank">Discord</a> or the <html><a href="https://genesisnetwork.io/forum/" target="_blank">Official Forums</a></html>.

Latest revision as of 15:20, 19 July 2019

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Genesis Network is a blockchain based payment processing ecosystem.

The beginning of the Genesis Network starts with the Genesis blockchain.

Genesis (Ticker: $GENX) is an open-source blockchain forked from Bitcoin 0.16.

Genesis blockchain launched August 16, 2018. Genesis is the first Equihash cryptocurrency on the 0.16.x BTC codebase. Genesis provides a fair-launch, transparent, GPU mineable blockchain with no-premine, no ICO and no auction. Genesis blockchain provides the fundamental building blocks for developing the standard in point-of-sale and payment processing platforms.

The platforms will focus on fixing the user experience with blockchain technology by creating simple and effective payment processing systems. These will include standalone and integrated point-of-sale and payment processing systems for small business and e-commerce that are fully auditable and easy to use. Also including in these systems is multi-platform social media/blogging/website payment processing systems that are secure and maintain decentralization.

The Genesis Official Team is powered by a small, but well-experienced team in the aspect of business, development and cyber-security. The community opinion is voiced through Genesis Network official forums and social media

Genesis Cryptocurrency Specifications

Ticker: $GENX
String: GENX_PoW
Hashing Algorithm: Equihash 192.7
Difficulty Adjustment: Zawy12's LWMA
Block Time: 60 Seconds
Block Size: 2MB
Confirmation: 100 Blocks
Max Supply: 4.1 billion $GENX
Independent Blockchain: Yes

Division of Block Reward

Proof-of-Work Reward: 350 $GENX + Big Blocks
Masternode Reward: Primary: 1-180 $GENX - Secondary: 20-199 $GENX
Founders: 60 $GENX



If you want to contribute to the Genesis Wiki, please contact the team in Discord or the Official Forums.