Do you know that quite a long while back heaps of Bitcoin early devotees experienced issues with their assets, however they clutched their convictions and their coins, thus wise they are feeling like no one's business now,- the specialists in Crypto Industry say, - we still require Bitcoin and Ethereum to take a shot at a bigger scale, so organizations need to decentralize information and guarantee their security concerns. Presently they confront another test: considering the gigantic measure of cash contributed, it stays to be perceived what number of old-clocks and newcomers will stay unwavering to the business and will endeavor to change the world with the assistance of advancements that have as of now transformed them. These days, Block chain innovation is encountering an enormous blast. New Block chain plans are made day by day, including the biggest specialized organizations.
Cryptographic mazuma is an advanced resource that naturally go about as a trade medium utilizing the innovation of cryptography to securely anchor it's concerned exchanges establishing control of the recently engendered extra cash units and in this manner checking the advantage exchange. In a system having decentralized perspective, there is no concrete server. Hence, each and every unit of hub or system gratify this assurance of culminating the activity. The system takes a shot at the premise of each and every companion having a rundown of all exchanges to substantiate and check with deference to the legitimacy and of approaching exchanges and inhibit the hazard of twofold spending this brought the one platform with zero coin master nodes to solve all issues concerning server.
LOBSTEX (LOBS) is a privacy coin with zerocoin protocol and masternodes implementation having proof of stake concept. It is proposed to be the first privacy coin with QR protocol and colossal protocol (priv -astute contract) implementation
LOBSTEX Features.
Lobstex highlights evidence of stake which includes owning LOBS coins on the predefined PoS arrange. The aggregate number of pre-mined coins are 2.5 million on which 1 million are llocked and one million will be utilized for posting expenses. This makes the system vitality productive with esteem age on a low info when mining.
Lobstex is fungible implying that LOBS coins are fit for shared substitution and fit for being compatible with different units of cryptographic forms of money.
LObstex is additionally completely decentralized implying that the network controls the system through mining, administration of the system.
The primary reason of putting resources into lobstex gives the accompanying centrality as follows:
lobstex gives a key properties of computerized mazuma joins: Irreversible ( i.e once a trade is made it isn't possible to instaurate it back).
Pseudonymous (neither the trade nor accounts are related with there certifiable characters of customers),
Authorize less (no central expert to screen and door keeping to your trades on square chain)
Limit less (no topographical points of confinement for any trade)
- Secure (cryptographically simply open key is prominent
- private key is ceaselessly determined)
Quick (trade unfolds close prompt interminably)
function of master nodes on Lobstex.
✓ Heightening the private conception of exchanges
✓ Making exchanges prompt
✓ Providing base for solid administration and equity in voting framework
✓ Additionality to Budget provisioning and Treasury capacities
Roadmap
Q2, 2018 : Incipient Exchanges , Whitepaper, Zerocoin Protocol
Q3, 2018 : Merchants, Partnerships, Mobile Wallets
Q4, 2018 : Dealership Program, More astronomically immense Exchanges, Wallet Voting
Q1, 2019 : Colossal Protocol, Rialto, QR Integration
COIN SPECS
NAME: LOBSTEX TICKER: LOBS
ALGORITHM: QUARK TYPE: PoS and PoW (Initially) RPC PORT: 15156 P2P PORT: 14146 BLOCKS BLOCK TIME: 60 sec STRUCTURE: ~ 0 TO 43200 : PoW ~ 43201 to INF: Pos TOTAL SUPPLY: 78 mil CIRCULATING SUPPLY: 3.5 mil MASTERNODES COLLATERAL: 10000 LOBS MATURE TIME : 4 HOURS REWARD STRUCTURE: ~ 0 TO 5000: NO REWARD, 100% MINERS ~ 5001 TO 43200 : 50% MASTERNODES 50% MINERS ~ 43201 TO INF : 60% MASTERNODES 40% STAKERS BLOCK REWARDS 0 TO 500: 5 PER BLOCK (ANTI INSTAMINE) 501 TO 100000: 40 PER BLOCK 100001 TO 300000: 30 PER BLOCK 300001 TO INF: 15 PER BLOCK
PREMINE DISTRIBUTION :TOTAL PREMINE : 2.5 mil DISTRIBUTION: 1. LOCKED: 1.5 mil 2. DEALER & MERCHANT INCENTIVE, EXCHANGE LISTING FEES : 1 mil
Lobstex Exchange in market
Exchanges
CryptoBridge https://crypto-bridge.org/
Graviex https://graviex.net/markets/lobsbtc
for more information check the following websites
Contact
Convivial
Twitter https://twitter.com/LOBSTEXofficial
Discord: https://discord.gg/WcCFVuu
BITCOINTALK: https://bitcointalk.org/index.php?topic=3483089.0
Telegram https://t.me/lobstexofficial
Reddit https://www.reddit.com/utilizer/lobstex
Publisher name : Solomon3158
Profile link: https://bitcointalk.org/index.php?action=profile;u=2157365