What is Grafium [GRAF]?
Grafium is an open source cryptocurrency that focuses on privacy, speed, decentralization and community decisions.
Grafium uses the QUARK algorithm with POS consensus and Masternodes to create a secure network with full nodes across
the globe, this ensures the network is decentralized and no one person has control or ownership. Unlike most other
currencies, decisions on Grafium’s future are made by the community.
FEATURES
Masternodes & Staking
Grafium is powered by Masternodes that secure the blockchain and reward the owners with payouts in Grafium.
The amount of Grafium needed for a masternode is 10,000 coins. Early investors will especially benefit, due to the block
rewards being the highest at the start and decreasing over time. Masternodes can be a source of passive income and are
very easy to set up on a VPS or locally on your computer. If you don't have 10,000 Grafium, you can also help to secure the
blockchain, as you can stake your coins and earn rewards passively. You will find below in this whitepaper the reward structure
so make sure you take a look. By staking your coins you are contributing to securing the blockchain and it also ensures that
the barrier for entry is low, because you don't need a masternode to earn passive income with Grafium.
Community Focused
Grafium is very community focused. Unlike most cryptocurrencies, the community plays an important role in Grafium’s decisions
and the direction of Grafium’s future. We strongly believe that the community will bring Grafium to its full potential.
Privacy
Grafium is a privacy coin meaning your transaction are fully private and secure on the blockchain, allowing you to send and
receive securely and privately at any time.
Super Fast
Grafium has super fast transactions with a 60 seconds block time, allowing you to send and receive within seconds.
Decentralized Network
Grafium is a 100% decentralized and secure network on the blockchain, powered by masternodes and staking and controlled
by the community.
VISION
GRAFIUM is a private, fast and secure cryptocurrency that is fully decentralized, open source and community focused.
Using POS with masternodes ensures full security of the blockchain. The aim of Grafium is to become one of the top 100
cryptocurrencies within 2 years, by increasing the mainstream adoption with projects and new innovative ideas.
COIN SPECIFICATIONS
| NAME | Grafium |
| TAG | GRAF |
| ALGORITHM | Quark |
| TYPE | Pos/Masternodes Hybrid |
| BLOCK TIME | 60 Seconds |
| PORT | 5092 |
| RPC PORT | 5192 |
| MIN STAKE AGE | 1 Hour |
| DIFFICULTY RE-TARGETING | Every Block |
| MASTERNODE COST | 10,000 GRAF |
| MASTERNODE REWARD | 70% |
| POS REWARD | 30% |
DISCORD(https://i.imgur.com/Q4YGzkb.png) (https://discord.gg/GA3HWpS)