Hello Steemit community! I would like to share with you today a brand new project called Rhenium!
What is Rhenium [XRH]?
The Rhenium network is an open source, primarily proof of stake (POS)
Cryptocurrency with a focus on decentralization, privacy, speed, masternodes, sustainability and the community.
Vision
Rhenium’s vision is to become a well-established and trusted cryptocurrencyused
worldwide. We aim to increase mainstream adoption of cryptocurrency with
innovative ideas and development. We believe the rhenium community will play a huge part in helping this happen.
This project has implemented Master-node technology and as such you will be able to earn passive income via holding coins!
Coin Specs
Ticker: XRH
Algorithm: QUARK
Block time: 60 secs
POW rewards period: 2–200 blocks
POS rewards period: 201–500,000 blocks then infinite
Master-node requirement: 10,000 coins
Master-nodes/Staking
Master-nodes will be part of Rhenium, these will help secure the network. Collateral needed will be 10,000 coins. Early holders will benefit greatly with increased block rewards andhigh ROI. Master-nodes are a source of passive income and can be set up via a VPS or locally. If you do not hold 10,000 coins you can stake you coins and receive rewards as stated in the rewards table
section found in the whitepaper.
Private send & Zero-coin
Rhenium offers privacy with the Private send feature, this enables user anonymity on the block-chain. they will also improve security even further at a later date by implementing the zero-coin protocol.
Community
This community believe’s that each cryptocurrency is only as strong was the community around it. This has been proven with bitcoin.
Rhenium plans to have a strong community involvement in all areas.
Community governance voting will be implemented via the wallet, this will allow the community to decide how the project moves forward and make suggestions via voting.
Website: http://rhenium.org/
Whitepaper: http://rhenium.org/Rheniumwhitepaper.pdf
Discord: https://discordapp.com/invite/Gb5EVsA
Twitter: https://twitter.com/rheniumnetwork
Github: https://github.com/Rheniumnetwork
WARNING! The comment below by @freelancetitan leads to a known phishing site that could steal your account.
Do not open links from users you do not trust. Do not provide your private keys to any third party websites.
thankyou for pointing that out! is has since been removed!