Maria Coin is a Proof of Stake (PoS) cryptocurrency coin that is exclusive to the Maria ecosystem. It is primed for use across all associated platforms and businesses that have activated 'Maria Pay' to allow for Maria coin payments. The Maria Coin is crafted with specific details tailored to its unique system.
Maria Coin Details:
The Maria coin functions on a Proof of Work (PoW) system for the first 199 blocks, after which it switches to a Proof of Stake (PoS) system from block 200 onwards. The coin had an initial premine of 8,888,888. Each block has a time of 60 seconds, with maturity achieved after 100 confirmations. A Maria MasterNode (MN) requires a collateral of 100,000. All Maria addresses begin with the capital letter 'M', and the port used is 47773.
Rewards and Halving:
The Maria coin has a structured reward and halving system based on the block range. The reward breakdown is as follows: 10% is allocated to the Treasury, 60% serves as the MasterNode Reward, and the remaining 30% is the Staker Reward.
Usage:
The Maria coin is already in use on HostMaria.com, a web-hosting company that forms part of the Maria ecosystem. With over 2.5 thousand active users, HostMaria has already enabled payments for any Cloud hosting plan with Maria coin. However, payment with Maria coin is currently a manual process.
Future Plans:
1) Maria Payments:
The developers plan to introduce Maria Payments, a Non-Custodial Payment Gateway that will provide plugins for various ecommerce CMSs. These plugins will make accepting multiple cryptocurrencies for products and services as easy as entering wallet addresses. The team is committed to integrating the most decent PoS coins into this system.
2) MariaCX - Maria Coin Exchange:
Another major project on the horizon is the development of MariaCX, a cryptocurrency coin exchange to buy and sell various cryptocurrencies. Potential investors are already in discussions about this project. MariaCX aims to become an easy-to-use platform that facilitates the buying and selling of cryptocurrency. A key feature of this platform will be the possibility of 0% fees on
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