Lili Coin crypto currency using Masternode and Stake

What is LILI?

Lili Coin is a 3rd generation crypto currency in POS(staking) phase. LILI is a payment network and provides fast, low-fee payments, security, and is supported by masternodes.

History

LILI had a difficult start because the initial developer(s) suddenly abandoned the ship. After some time there was a take-over by a new, but small, team and although it was a bumpy road, the coin survived its initial POW(mining) phase and appears to be healthy on it's way to the next phase.

Platform

Staking can be done through our newly developed platform, which makes it more convenient for investors. Instead of having computers online, what is needed for staking and which is of course also use of electricity, investors can add LILI to the online wallets of the website.

Advantages

Although currently it's not really clear which path to choose, one of the main advantages of the current status of LILI is that is has a blank whitepaper which needs to be filled in by the team and community. This gives it liberty in which direction to choose, but of course also means lots of things to be done... Because LILI hast past the POW fase(mining), this means that gaining LILI means much less consuming of electricity which is of course a good thing for the environment. Other advantages of LILI are the use of masternodes(MN), which are to secure the availability of the network and offer a good opportunity for MN owners of LILI to gain passive income. Also a significant advantage of LILI is that it already supports TOR(onion) network and ipv6 protocol.

Coin information


Block Time: 1 min

Block Maturity for mined blocks:100

Reward distribution

First 200 blocks - 1 LILI Coin

Block 200 - 71300 = 200 Coins per block / 75 % POW Miners / 25 % Masternodes

Block 71300 - 142200 = 150 Coins per block / 70 % POW Miners / 30 % Masternodes

Block 142200 - 280300 = 125 Coins per block / 65 % POW Miners / 35 % Masternodes

Block 280300 - 338600 = 100 Coins per block / 60 % POW Miners / 40 % Masternodes

Block 338600 - 373800 = 75 Coins per block / 55 % POW Miners / 45 % Masternodes

Block 373800 - 407000 = 50 Coins per block / 50 % POW Miners / 40 % Masternodes

///407000 is the LAST POW Block and POS is activated///

Block 407001 - 417000 = 20 Coins per block / 35 % POS Miners / 65 % Masternodes

Block 417000 - 427000 = 15 Coins per block / 35 % POS Miners / 65 % Masternodes

Block 427000 - 437000 = 10 Coins per block / 35 % POS Miners / 65 % Masternodes

>437001 = 5 Coins per block / 35 % POS Miners / 65 % Masternodes


LILI Coin Rated 5 / 5 based on 5 reviews. | Review Me