Welcome To HEXcrypto
HEX - A Hybrid Proof of Work and Proof of Stake
THE FIRST HIGH INTEREST BLOCKCHAIN CERTIFICATE OF DEPOSIT
HE FIRST HIGH INTEREST BLOCKCHAIN CERTIFICATE OF DEPOSIT. FREE FOR BITCOIN HOLDERS! GET HEX FOR FREE, OR BUY, THEN STAKE AND GET YOUR SHARE OF: UNCLAIMED COINS REDISTRIBUTED OVER THE 50 WEEK LAUNCH PHASE, BTC WHALE PENALTIES OF 50%-75%, CRITICAL MASS AND VIRALITY ADOPTION BONUSES, INTEREST POOL, EARLY/LATE END STAKE PENALTIES. MULTIPLY YOUR STACK!
About BITCOIN HEX
Weak progress: Fewer developers
In theory, a larger community of developers will try more cool things and get more done than a smaller community.
BitcoinHEX by being an ERC20 token gets full advantage of the largest pool of developers in crypto (Ethereum developers), and all of the cool new inventions they create, such as distributed exchanges, atomic swaps, etc
Poor incentive alignment: Free riders
You and your team work hard to make something new and cool, to have a whale wake up one day and flash crash the market on you. Why? Free loaders suck.
BitcoinHEX "We're all Satoshi" feature which gives all unclaimed coins to people that did claim at 2% a week over 50 weeks means that in less than a year, only truly interested parties will hold the token.
Unfair distribution
Should the guy that lives in china with free electricity and nearly free labor available get the majority of all the newly minted coins (inflation)? While increasing centralization, and not caring to negotiate with the writers of the software they run (core developers.)
BitcoinHEX is fairly distributed to those that promote it through:
the 5% referral hold it, through staking, or help get the project to critical mass and adoption (bonuses for claims and claim size.)
NEVER BEFORE SEEN FEATURES!
HEX is the first certificate of deposit on the blockchain! HEX pays Trustless Interest with no counterparty risk. Given programmable money the first program should be interest.
Pays holders instead of miners. Staking HEX is like getting free mining hardware and electricity. Bitcoin and HEX comparison
No Satoshi (if he doesn't claim in 50 weeks) or Mt.Gox dumping on you. No inflation bug possible like bitcoin has had. Unit bias fixed. More distributed mining ecosystem. Whale penalty which gives whales coins to stakers, etc.
Around 12 million or more of the 18 million total BTC worth of HEX claims will be given to the stakers on day 353 by shares. And! It gets multiplied by the Viral and CriticalMass adoption bonus multipliers which can increase it up to 3x. The share price only goes up.
Stakers that end stake early or late pay loyal stakers. Longer stake commit pays 20% more per year, up to 3x shares, (partial years are fine). Lower fees, lower inflation. Referral program. Founder is a marketing expert with an audience. Early adopters get paid extremely well.
20% Speed bonus falling to 0% during the fifty weeks. Unclaimed coins paid to stakers 2% per week for 50 weeks. Every week you don’t claim, someone else gets your coins. Critical mass and Virality bonuses increase payouts to stakers so they make more HEX the more people that claim, than if less people claimed, even though they get unclaimed coins on day 353. Every pumpamental to lock up supply, increase adoption and price.
Hex has a lower inflation rate than Bitcoin, even after the rate was cut in half twice in its 10 years. The inflation is also delayed, because it's only paid on ended stakes, and stakes can last 10 years. Inability to trade staked coins increases the value of unstaked coins, and chance that some will early endstake and pay penalties to loyal stakers.
Trustless Interest.
Let's say you want to make more bitcoin on your bitcoin. What are your options? You could lend your coins out and take the risk they're not returned, or you could try selling your coins for mining hardware and hope to get more coins back later. Lots of people have lost money trying either.
Counterparty risk in Bitcoin investments.
To earn interest on their Bitcoin, most users send them to a centralized third party, such as an exchange. There, coins can be borrowed to "short" the market. Sellers borrow the coins to sell, in the hopes that they can rebuy them cheaper before they have to return them, thus profiting from price decreases. These centralized parties are security holes that are often hacked, destroy privacy, or introduce fees if you want to get your funds out. Billions of dollars in coins sent to exchanges or lenders have been stolen. Not your keys, not your coins.
These centralized third parties and middlemen are so important to users seeking yield (making interest) that the companies themselves have made more profit on Bitcoin than its founder. Billions and billions of dollars of value has shifted into the pockets of middlemen. HEX fixes this.
This replaces these third parties with a trustless peer-to-peer to system. Instead of sending your HEX to an exchange so they can lend it out on your behalf to earn interest for you, you just lock it in same smart contract that minted all the HEX in the first place, and it credits you interest. If you're given programmable money, the first thing you should program is interest.
HEX pays interest to stakers instead of miners.
Some users try mining to make more cryptocurrency. Instead of sending your money to a foreign mega-corp to buy mining equipment which shows up late, used, or never at all, you can skip the depreciating asset and electricity bills and just stake your coins.
HEX is the first cryptocurrency with a chart of future sellable supply (expiring stakes over time.) This secures buyers confidence in future value of their investment.
HEX has Speculative Stickiness.
Normal crypto currencies have: Price, hash rate.
HEX has: HEX price, Share price, Directly affects staker profit per share: % of supply staking, Average stake length, Average stake size, stake expiration chart over time, early & late end stake penalties.
SECURITY
Ledger and Trezor hardware wallets can both be used with metamask, for HEX, ETH and more.
Ledger metamask instructions Trezor metamask instructions.
HEX might be the first coin to ever have two independent security audits. HEX even has a thrird audit by a mathematician on HEX's economics. Chainsecurity.com and CoinFabrik.com are among the top contract auditors in the world. They need their language simplified for public consumption and some other small things. ChainSecurity's will be released later as it's more complex. Take a look: HEX security audit by CoinFabrik.com | HEX Economics Audit by CoinFabrik.com
HEX is decentralized and peer-to-peer. You are the network! Only you generate your private keys, mint your HEX and rewards. Without you there's just some code that sits inert on a blockchain. You can run the immutable and verifiable HEX code at 0x2b591e99afE9f32eAA6214f7B7629768c40Eeb39 many ways. go.hex.win is one, Etherscan is another.
TEAM
RICHARD HEART
FOUNDER
Richard Heart is a Bitcoin, Blockchain, cryptocurrency and internet marketing expert who has founded and managed several successful Internet startups, the largest having 150 employees with a turnover of $60M and operating in mortgage and consumer finance markets. He is a search engine optimization, affiliate marketing and startup veteran and has appeared on numerous international broadcasts including Russia Today (RT) television and CNBC (Africa) speaking about Bitcoin, Blockchain and cryptocurrency issues. He has a successful YouTube channel focused on self-help and cryptocurrencies at Youtube.com/RichardHeart and a popular Twitter feed @RichardHeartWIN.
CODY LAMSON
DEVELOPER
Cody Lamson is a full stack developer having written mostly javascript and smart contracts for the Ethereum blockchain. None of Cody's code made it into release in HEX. Cody was the lead blockchain developer for Brickblock, TV-two and a back end developer for Adidas along with other major companies. Cody has also built DApp’s for getting married on the blockchain and NoobCoin, an ERC20 token.
DAN EMMONS
CONTRIBUTOR
Dan Emmons is a certified Bitcoin professional (CBP), full stack developer specializing in AngularJS, DApps with Ethereum Solidity, Truffle framework, and JavaEE hosted on Google Cloud Platform among others. He is also the creator of #ByteSizeBlockchain Podcast.
KYLE BAHR
ANALYST
Kyle Bahr is a software engineer formerly of Netflix where he built back end systems, implemented client innovations, and ran internal workshops on blockchain fundamentals and emerging technologies. Most recently he lead the engineering team for a Silicon Valley based startup which offers a cloud-native, micro service platform. He wrote the "HEX Contract in Layman's Terms" guide.
PAUL HUGHES
ANALYST
Paul Hughes is the founder of StakeHEX.com, a web-based simulator of the HEX contract for profit and growth calculations.
BRENT MORRISSEY
MARKETING EXECUTIVE
Brent Morrissey is a cryptocurrency investor and business management professional, having founded internet startup clothing firm VegeShirt he also has extensive experience in digital marketing, search engine optimization and social media marketing.
DAVID WILSON
EVANGELIST
David Wilson is a Film, Audio, Print and Video Editor and has worked across all disciplines for more than 30 years. He co-founded Isthmus films to create a documentary in war torn Nicaragua under the mentorship of John Pilger and subsequently worked freelance with dozens of independent producers and directors, BBC Films, CH4 and Central TV, He edits for WF Howes, the world's largest independent publisher of audio books.
LOUIS D.
DIRECTOR OF OPERATIONS, ASIA.
Louis D. is an economist living in Asia for the past 15 years. Fluent in Mandarin. Working first in diplomacy then in the high-tech advertising industry. He is now a marketing director of the largest advertising group in the world. Passionate about Bitcoin, blockchain and fintech he is helping HEX with its implementation in the most busy continent on earth.
For more detailed information see the links below:
WEBSITE ★ https://hex.win/
TWITTER ★ https://twitter.com/HEXCrypto
FACEBOOK ★ https://www.facebook.com/HEXcrypto
TELEGRAM ★ https://t.me/HEXcrypto
GITHUB ★ https://github.com/bitcoinHEX
REDDIT ★ https://hexcrypto.reddit.com/
Thank you my best regards
Author: Thelagendjz4
ETH Address: 0x45365defCa88A8c888e9A67F57e0c315f2B1e5F2
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