NXH Token Breakdown

o Name: Nexmesh Token

o Symbol:NXH

o Algorithm: ERC20 to Hybrid POS + PON

o Decimals: 18

o Max Total Supply: 500,000,000

First of its kind, Hybrid/ PON/ POS.

3 Tiers of masternodes

  1. Stakernode
  2. Supernode
  3. Plexusnode
Total tokens 500,000,000

There are currently around 80,000 to 100,000 networks that are compatible with forging NXH tokens worldwide. The token needs to have the right number of tokens to fund its development and goals and have enough tokens to last users and network owners decades into the future.

The network will also offer tokens for work done by the community, marketing, staff, bounties and reward systems.

Nexmesh token will develop a new forging algorithm called PON (Proof of Node) This algorithm works by forging new tokens to people that share an open network be it to neighbours or the public. This reward system is open to the public and business alike.

NXH token will also have POS algorithm (proof of stake) where tokens can be earned by forging blocks. In short POS rewards people that hold the token. POS is a system where new tokens are created over time. POS also secures the token from attack.

 

Nexmesh token will develop a new forging algorithm called PON (Proof of Node) This algorithm works by forging new tokens to people that share an open network be it to neighbours or the public. This reward system is open to the public and business alike.

How will NXH POS & PON be calculated?

 

Put simply POS will be added for people that hold the token to get a set percentage for holding the tokens in wallet. PON + POS will be dependent on how large a network is. There will be three tiers. PON is for people that share networks. The percentage will be more than just POS, as it will be PON+ POS at set rates that lower each year. PON will be a higher reward than POS.

Put simply POS will be a percentage to be determined and PON (Proof of Node) + POS will be dependent on how large a network is. There will be three tiers.

For example:

A stakernode will have 4 or less access points. (small local area network LAN) forging POS at a certain percentage + PON at a rate of an extra percentage, totaling a combined percentage for the first year, then dropping to a lower determined percentage of PON 2nd year and continually tapering there on. So, rewards for first year would be higher and year 2 would be slightly lower and so on.

A supernode will have 5 to 30 access points. (metropolitan area network MAN) forging POS at a higher percentage than a stakernode, tapering down in the 2nd year and so forth but at a greater reward than the first tier. So, rewards for first year would be higher and year 2 would be slightly lower, but better rewards for a greater amount of access points.

A Plexusnode (our highest tier) will have 31 or more access points. (wide area network WAN) forging POS at a standard determined rate + PON at a premium rate, then dropping to PON less for the 2nd year and 3rd year and so on. So, rewards for first year would be our highest offering but continue at lower yet still beneficial rates each continual year.

Being a community driven token, the rewards and PON percentages would be determined by the community via discussion reaching a collective consensus. The community’s options will count to the growth and future direction of NXH.

NXH-token-break-down

 

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