To ensure stability and security of the AdultChain blockchain, the following two technologies are incorporated:

  • Proof of stake (PoS)
  • Masternodes

Proof of Stake (PoS)

Proof of Stake (PoS) is developed as an alternative to the Proof of Work (PoW) mining concept, using computational power to solve puzzles and accordingly handing out rewards - originally developed as the consensus mechanism for Bitcoin.

PoS makes use of validators who lock up a certain amount of AdultChain coins (XXX) as a stake in the AdultChain ecosystem.

The validators bet on which block(s) will be added next to the blockchain. The winning block is added, and the validators who bet right receive a block reward reflecting a proportion to their stake.

Unlike the fixed amount of XXX coins (the collateral), you need to be able to run a Masternode, with PoS you can start staking rightaway with any amount of XXX coins.

Having said that, it should be noted that the more XXX coins one stakes, the more likely it is to receive rewards. Also should be noted that the reward for staking is 31% significantly lower than the 69% one receives for running a full Masternode.

Masternodes

Masternodes are active nodes on a blockchain network (node being a computer connected to the network and running 24/7) trusted with processing certain types of transactions, and other information for a blockchain.

In order to run a masternode, a specific amount of XXX coins (known as collateral) needs to be reserved. The collateral for running a XXX masternode is exactly 100,000 XXX. Rewards for running a masternode are higher (69%) than the rewards one gets for staking (31%).

Instant

Processing instant transactions (SwiftX).

Governance

Running governance of the network through masternode voting.