Event | YTA (Yotta Chain) Global Supernode Exchange Cooperation Plan
YTA (YottaChain) Global Supernode Exchange Cooperation Plan started. As the candidate Supernode of YTA, Coineal decided to share the bonus right to all users. Users can lock their YTA and share the bonus as part of YTA Supernode.
/ Locking rules and rights /
1. Bonus: According to the project's plan, a total of 100,000,000 (100 million) YTA will be distributed to all supernodes in the first year. After YTA mainnet swap, Coineal will distribute the bonus given by YottaChain according to the proportion of users' locking amount.
2. The specific rules are as follows:
Locking start time: 7:00 Jul.15 - 7:00 Aug. 1 (UTC)
Minimum locking amount: 1,000 YTA
3. Locking period: Bonus will be distributed 30 days after YTA mainnet swap.
4. Bonus distribution: Coineal will distribute bonus to users in time after receiving it from YTA.
Distribution rules: bonus = (locking / total locking) * total bonus
6. As the project's bonus rule is about to be adjusted, it is expected to increase the dynamic bonus. Coineal will adjust the rules in accordance with the policy of YTA project in the future.
7. Coineal reserve the right of the final interpretation.
/ Project Introduction /
YottaChain is a blockchain storage public chain built by Wang Donglin, one of China's top ten young scientists. YottaChain creates a large-scale interstellar storage pool by connecting globally dispersed storage resources to ensure everyone's data sovereignty. Storage has an overwhelming advantage (a tens of times higher reliability, several times lower cost, and features such as anti-DDoS and disaster tolerance).
YottaChain masters the blockchain storage core technology and has more than 200 domestic and foreign patented technologies. Its core TruPrivacy technology is the only technology in the world that can realize encryption and de-emphasis, and has won global patents to change the storage industry landscape.
/ Supernode Introduction /
The Yottachain backbone is based on the EOS technology architecture and uses the DPOS consensus mechanism to meet the requirements of large-scale commercial applications. According to the DPOS consensus mechanism, Yottachain will also require 21 primary super nodes and 105 super nodes. In the YTA with a total issued size of 5 billion, there are 1 billion accounting rewards for the main super node and super node.
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