PoW Features

Our PoW Chain is a secure and decentralized blockchain model that utilizes the power of miners to validate transactions and secure the network. With this model, miners compete to solve complex mathematical puzzles, ensuring the integrity of the blockchain.

While PoW chains offer robust security, it's essential to be aware of potential risks such as the 51% attack or double spending. We prioritize implementing stringent security measures to mitigate these risks and maintain the integrity of our PoW chain.

By harnessing the power of miners and employing advanced security measures, our PoW chain provides a reliable and trustworthy platform for various applications, including cryptocurrencies and decentralized applications.

SCOPE OF DEVELOPEMENT

- Fork Ethereum blockchain with a consensus algorithm of PoW

- Re-branding for explorer (change logo and color)

- Mining Pool

- Network Status monitor

- Block explorer

- MetaMask for Wallet

- Blockchain Documentation

- Predefined initial supply

- Testnet Blockchain & Faucet App.

- Fully compatible with MetaMask: just change the network.

- Fully compatible with all Ethereum's contracts and dapps.

- Web3, GameFi, Metaverse, Smart contract, decentralized application, and toolset interoperability with Ethereum and similar EVM chains.

- The ecosystem is expanding to accommodate many forms of secure peer-to-peer and microtransactions, conference and community currencies, DeFi, NFTs, DAOs, games, and more.

- Automatically configure Metamask Wallet with a single click.

- Provide Blockchain API .

- Build 5 virtual nodes on status monitoring page for marketing boost.

POW Pricing

STANDARD PACKAGES

If follow this layout https://explorer.fokawa.com

$1,200

Build full mainnet and testnet

Buy now with

paypal
bitcoin
eth
tether
tron
binance

If follow this layout https://explorer.hashbit.org

$3,000

Build full mainnet and testnet

Buy now with

paypal
bitcoin
eth
tether
tron
binance

⭐️ Premium 1.0 layout: https://ultraproscan.io

$5,000

Build full mainnet and testnet

Buy now with

paypal
bitcoin
eth
tether
tron
binance

⭐️ Premium 2.0 layout: https://scan.miexs.com

$6,500

Build full mainnet and testnet

Buy now with

paypal
bitcoin
eth
tether
tron
binance
ADD-ON SERVICES

Create tokens from your own chain using our own standard smartcontract template

- 1 token: $200

- > 5 tokens: $160

- > 10 tokens: $120

- > 20 tokens: $100

Create transactions for your blockchain

This can help your blockchain looks better and more impressive with a certain number of transactions generated

- 10k transactions: $500

- 50k transactions: $1,000

- 100k transactions: $1,500

Create new miners for your blockchain:

- 1 miner: $300/validator

- > 5 miner: $200/validator

- >10 miner: $150/validator

- > 20 miner: $120/validator

Server

POW CHAIN WILL NEED 4 SERVERS RUN AS BELOW:

- Server 1: this will be in use to run APP/DAPPS - 8CPU 16GBRAM 260GBSSD - Ubuntu server 20.04 lts. Cost: $110/month

- Server 2: this will be in use to run Mainnet Minner 1 - 4CPU 8GBRAM 80 GBSSD - Ubuntu server 20.04 lts. Cost: $50/month

- Server 3: this will be in use to run Mainnet Minner 2 - 4CPU 8GBRAM 80 GBSSD - Ubuntu server 20.04 lts. Cost: $50/month

- Server 4: this will be in use to run Testnet Minner 1,2 - 2CPU 4GBRAM 40GBSSD - Ubuntu server 20.04 lts. Cost: $25/month

Total cost for 4 server per month is $235.

WE RECOMMEND THAT YOU SHOULD USE OUR SERVER SERVICES AT CHAINKLOUD.COM TO HAVE MORE DEDICATED SUPPORT:

- Servers are already set up with proper environment for blockchain fast deployment

- VinDAX support to renew your SSL

- VinDAX support to do blockchain operation maintenance by our dedicated first-class developers at no cost

- Chainkloud connects with blockchain monitoring tools, tracking and notifying of irregularities pertaining to your blockchain on Chainkloud's server. Active Blockchain Monitoring Tool(c) - ABMT(c) will scan every day and send you an email with the blockchain's state.

Check how to rent server on Chainlkoud here

Requirements

TO START THE DEVELOPMENT OF YOUR CHAIN, WE NEED YOU TO PROVIDE THESE INFORMATIONS:

- 1. Logo (around 800 x 300 ) -> for us to do the rebranding for explorer, docs pages, faucet, status monitoring This sample will help you to provide correct logo

- 2. Provide these criteria for building blockchain:

- Coin name and ticker. Ticker has 6 characters maximum

- Network name (similar to ERC20): Token created for ethereum chain is called erc20 token, so will token created on your chain be called?

- Time between each block: 12s by default

- Block reward

- Total supply (Total number of native coins to be issued initially)

- Block explorer domain

- Mining pool fee

- 3. On PC, using Chrome, install metamask and connect with ethereum blockchain to get an address. This address will be used for receiving the premine coin, later when move to the network on metamask , we will use this address to manage premine coin

- 4. 4 servers information Provide IP; SSH Username; Root Password. (In case you don't rent servers from VinDAX)

- 5. Configure domain point explorer for mainnet, explorer for testnet, faucet for testnet, rpc for mainnet, rpc for testnet, doccumentation and status page

- 6. Github info to upload the source code explore, blockchain

Showcases

meme

https://memescan.io

View Tutorial Video
HOW STANDARD DEVLIVERY WILL LOOK LIKE:

Mainnet:

- Explorer: https://nycoin.org

- Status: https://status.nycoin.org

- Docs: https://docs.nycoin.org

- RPC: https://mainnet-rpc.nycoin.org

- Mining pool https://pool.nycoin.org

Testnet:

- RPC testnet: https://testnet-rpc.nycoin.org

- Explorer testnet: https://testnet-explorer.nycoin.org

- Faucet: https://faucet.nycoin.org

FAQ

1. How many miners VinDAX will set up for our Blockchain from the beginning?

From the beginning, VinDAX will set up two first miners to your mainnet and two for your tesntet. You will be handed over with miner keys to access and manage your miner address. When you need to have more miners on your blockchain, you can buy the service to add more miners from us or you can install it from your end if you are knowledgeable on this field.

1. Mainnet

In the same device that you have installed Metamask before and on Chrome browser, Log in to our Metamask. Next, please do the following step to check the balance of your coin on your premined address

Step 1:

Go to https:// explorer.scolcoin.com

Step 2:

Click on Approve

Step 3:

Click on Switch Network

Step 4:

You can send us some coin for testing to: 0x9cFfB16Ca610ec3B35aCC82752d938d84a435337

Just send 1 – 2 coins (we won’t have to return these coins for you even when you required, we also won’t be responsible for the loss of these testing coins)

2. Testnet

The above process is for Mainnet, you can set up Testnet to do your testing with the follow info:

Step 1:

Add network: go to https://testnet-explorer.scolcoin.com

Do the same as when you add mainnet.

Step 2:

Transfer test coins to the testing wallet on Faucet

In your Testnet network, check your premined wallet

Then transfer some test coins from your premined wallet to the address on the Faucet page

This is the address that stores the testing coins to serve the Faucet:

https://faucet.scolcoin.com

You can obtain an API key by sign up for an account on the CoinMarketCap or CoinGecko website to obtain an API key. This key will be used to authenticate your requests to their API; Then you give us key to integrate and show the price and market cap for the native coin of your blockchain

In Ethereum and EVM-based chains, transaction fees are paid in the native cryptocurrency of the chain (e.g., Ether for Ethereum). The transaction fee, also known as gas fee, is calculated by multiplying the gas price (the amount of cryptocurrency you are willing to pay per unit of gas) by the gas limit (the maximum amount of gas you are willing to consume for a transaction).

The gas price is set by the market and can vary depending on network congestion and demand. Miners or validators on the network prioritize transactions with higher gas prices, as it incentivizes them to include those transactions in the blockchain.

The gas limit is set by the user initiating the transaction and represents the maximum computational resources (gas) they are willing to consume for that transaction. It helps prevent infinite loops or excessive resource consumption.

It's important to note that the transaction fee on a forked EVM chain can be different from the Ethereum mainnet, as it depends on the network's specific configuration and economic factors. Users can adjust the gas price and gas limit when submitting transactions to control the cost and speed of their transactions.

So in short, gas price and transaction fee will work similar as above and this is the starting value:

Transaction Fee: 0.000021 native coin

Gas Price: 1 Gwei

In realtime, it can change based on the above explanation

Miners on a Proof of Work (PoW) chain are individuals or entities that contribute computing power to the network by solving complex mathematical puzzles. These miners play a crucial role in validating transactions and adding new blocks to the blockchain.

Miners compete against each other to solve these puzzles through a process called mining. They use powerful computers equipped with specialized hardware to perform numerous calculations until they find a solution. The first miner to find a valid solution broadcasts it to the network, proving that they have completed the computational work required.

In return for their mining efforts, miners are rewarded with newly minted tokens or transaction fees, depending on the specific blockchain protocol.