All You Have To Know About Radium Cryptocurrency

All You Have To Know About Radium Cryptocurrency

Radium is proof-of-stake cryptocurrency which serves as a basic blockbuster for Radium SmartChain. Generally this currency is very profitable to be mi

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Radium is proof-of-stake cryptocurrency which serves as a basic blockbuster for Radium SmartChain. Generally this currency is very profitable to be mined. The goal of Radium and Radium SmartChain is to use the capabilities of the blockchain to provide 100% decentralized services. The services of Radium blockchain are available through Radium SmartChain. This SmartChain extends the use of Radium far beyond a standard use as a coin.

SmartChain Core is a client program that allows users to read data and interact with SmartChain. The software client is designed for an average user and includes a fully graphical interface with automatic installation and synchronization. The software client interacts with the SmartChain data-layer through standard RPC connections to the Radium wallets. Radium SmartChain does not rely on any servers or any other kind of centralization. Using SmartChain does not require any complicated settings, command line skills or any programming skills.

User accounts are created when the Radium address is associated with the name and this connection is recorded in the blockchain. This connection can be used to write hashes and small text entries in the blockchain. After the username is written in the blockchain, this name can be used in the SmartChain client instead of a difficult to remember the address.

Radium Decay

Radium decay is the process of generating Radon through Proof of Network. Proof of Network Contribution is a protocol through which each user is rewarded with one Radon Asset for each Radium coin donated for an award per unit. Such a system is conceived with the aim of increasing the reward for POS through an additional reward for those who help support the Radium network.

The more people make Radium decay the more there will be additional rewards for POS participants. Unlike many other coins and assets, Radon does not have a limit on the amount of Radon that can be generated. Each user can generate any number of Radon as far as possible for this Radium cryptocurrency. Radium is available for deployment on Virtual Private Servers through Azure Quick Start Template.

Radon Asset

Radon is an asset that requires using Smart Chain. Different functions of SmartChain require burning Radon in a certain amount, depending on the effect that the corresponding smart transaction will have on a unit.

Technical characteristics of Radium cryptocurrency

Block time: 1 minute

Confirmation of new blocks: 60 blocks

PoS reward: 1 coin per block

Minimum time for PoS: 6 hours

Daily coin generation: ~ 1440 coins

Official website: http://www.projectradium.org/

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