[PRE] [ANN][ICO]🚀 SERAPH 🚀🌟PoW/MN/PoS PHI1612 ALGO )

[Project_Chaser]

Seraph will be released on Thursday, March 29, 2018 at 21:00 hrs  Los Angeles california Time.

SERAPH

Seraph is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Seraph payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.

______________________________________________________ SwiftX SwiftX is a service that allows for near-instant transactions. Through this system, inputs can be locked to only specific transactions and verified by consensus of the Masternode network. Conflicting transactions and blocks are rejected. If a consensus cannot be reached, validation of the transaction occurs through standard block confirmation. SwiftX solves the double-spending problem without the need for longer confirmation times of other cryptocurriencies such as Bitcoin. [/size]

______________________________________________________ SeeSaw Reward Mechanism The SeeSaw mechanism assures a healthy balance of stakers and Masternodes on the network by incentivising one or the other more based on the current network need. If there are not enough stakers a higher percentage of the block reward will be given to them than Masternodes, and vice versa until the appropriate balance is once again achieved. Proof of Work Seraph use the New PHI1612 PoW/MN algorithm to Validate Blocks. PHI1612 is one of the most Secure encryption algorithms, combination of Skein, Jh, Cubehash, Fugue, Gost and Echo algorithms. it does a GPU-based calculation during encryption. Unlike other Algorithms , the GPU resources are not always used atthe highest level during mixed encryption calculations. This means less electricity consumption and less heat generation.

______________________________________________________ Masternode Network Masternodes are responsible for facilitating the Obfuscation and SwiftX features. They are full nodes that run 24/7 and require collateral of 5,000 SERA to be locked. In exchange for providing this service, and locking up the coins, effectively reducing supply, the Masternode owner is rewarded a portion of the block rewards. The percent of the block rewards earned is variable, and based on the SeeSaw reward mechanism.

Coin Specs
Ticker Symbol   SERA
Algorithm   PHI1612
Type   PoW/PoS Hybrid
Block Time   120 Seconds (2 mins)
Difficulty Retargeting   Every Block
Max Coin Supply (PoS)   32,000,000 SERA
Premine/Initial Supply   4% SERA
SERAPH Created Per block   50 SERA
Reward Method   Teeter Totter Based Targeting System
Masternode Collateral     5,000 SERA

Sale Details
Total Max Supply is 32,000,000 SERAPH, pre-mined 4%. Will be available 106 mn for sale, and you can get coins as required, for example you can get 1000 SERAPH if you don’t want to setup a mn.

Sale Structure
1.Join to our discord cannel and send pm to Yarder  in order to get your coins. Ask for updated amount adjusted to your cryptocurrency of your preference before send the coins to our wallet.
2. We have to wait for 3 confirmations in case for btc, tracked by the txid that you’ll provide us
3. Send your SERAPH wallet
4. Receive your coins to your wallet

ACCEPTED CRYPTOCURRENCIES
BTC, USDT, LTC

SERA ICO price:

1 SERA =  0.11 usd

Total cost of Masternode: 550usd

Website: http://seraphcoin.com  (Still under construction)

Twitter: https://twitter.com/seraphcoin

Discord: Discord will be released on Thursday, March 29, 2018 at 21:00 hrs  Los Angeles California Time

Github: #

Coming soon

Open Bountys

Block Explorer 800 SERAPH   ( available: 3   claimed: 0 )

Pools 1000 SERAPH  (Available: 4   claimed: 0 )

Mpos Pools 1000 SERAPH  (Available: 1   claimed: 0 )

Faucet 300 SERAPH  (available: 1   Claimed: 0)



Marketing

Post announcement in Cryptocointalk: 100 SERAPH 
Post in other altcoin forums: 100 SERAPH