ZestCoin-Scalable, Effective & Platform Ready

in #bitcoin6 years ago

1- Introduction:

ZestCoin is a blockchain based sponsorship platform engineered with sustainable mathematics and a smart growth approach💡

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  • Zest aims to decode cryptocurrencies for the everyday consumer, making the safest form of monetary transactions feel even safer. Rudimentary computer skills and common sense is all it takes to use Zest’s proprietary approach to Dedicated Masternodes. Each Dedicated Masternode Pool is built on the principles of altruism and giving back to the global community, establishing Zest as the world’s first cryptocurrency designed for cyclical good.
    Whether it’s providing support down the block or across country borders, each fund will give back to global initiatives across five key pillars to create value for both Zest members and the causes they believe in.

Zest is an intuitive, easy-to-use network that uses a fixed block reward system of 80% to Masternodes,
15% to coinholders and 5% to The Zest Foundation

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3- Zest’s Approach to Masternode

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4-Solution & Use Case

Zest’s Smart Growth Approach was reverse engineered to address the fundamental problems highlighted by strategically lowering the amount of Masternodes allocated to the initial team and creating Dedicated Masternode Pools, which offer applicable benefits to Zest’s platform and its users. During Zest’s pre-mine, we will allocate 30 Masternodes, or 75,000 ZestCoins, to our Dedicated Masternode Pools (six Masternodes for the Rapid Relief Pool, six Masternodes for the Scholars Pool, six Masternodes for the Accelerated Athletics Pool, six Masternodes for the Prosperity Pool, and six Masternodes for Club Zest), which are executed through internal and external initiatives with examples highlighted below.
Masternodes are a tool to be used on the network and have been drastically underutilized by prior projects. One of the fundamental problems concerning Masternode coins are teams designing the use cases using the same methodology of thought surrounding how they can be implemented and used.
Masternode coins often lure investors into their platforms by noting characteristics such as “dark-send, instant transactions, and eco-friendly.”; however, our research suggests these have become overused. With Zest, we have reverse engineered the current understanding of how masternodes are traditionally used to construct a self-sustaining platform that harnesses the power of blockchain technology to benefit all global users.
At Zest, we are self-reliant through the use of our Dedicated Masternode Pools, which allow us to generate funds without the need for external donation or sponsorship. Zest’s Dedicated Masternode Pools allow The Zest Foundation to mine its coins, then in turn, trade them for BTC and fiat, which support the external initiatives.

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