Solaris (XLR)

Solaris is a decentralized open-source cryptocurrency that seeks to enhance privacy, security as well as providing long-term energy-efficient scrypt-based coins. It is an environmental friendly Proof of Stake (PoS) consensus protocol that has established a self-sustaining and privacy-focused cryptocurrency that began in April 2017. Solaris utilizes the best practices, features and ideas from DASH, PIVX and Zerocoin. The following are some of its salient features: – Masternodes – It is the first cryptocurrency which enables a secondary layer of rewards for operating a masternode or actively staking XLR. Masternodes secure the network while providing essential functionality to Solaris such as locking transactions with Swift TX and voting on budget funding. – Proof-of-Stake consensus mechanism; this allows any XLR holder to secure the network, and be rewarded in the process by creating new blocks. – The Seesaw Reward Balance System; the purpose of this feature is setting the block reward size between masternodesA and staking nodes.

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