HEX - A Hybrid Proof of Work and Proof of Stake System

in #ico5 years ago

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HEX is The first high interest blockchain certificate of deposit. FREE for Bitcoin holders! Stake it till you make it!
HEX is designed to go up over 10,000x in only 2.5 years. HEX is FREE for Bitcoin holders! #Ethereum can be transformed into HEX. Imagine you could buy #Bitcoin

HEX IS THE FIRST HIGH INTEREST BLOCKCHAIN CERTIFICATE OF DEPOSIT
FREE FOR BITCOIN HOLDERS!
HEX IS DESIGNED TO INCREASE IN VALUE FASTER THAN ANYTHING ELSE IN HISTORY.
HEX IS THE FIRST HIGH INTEREST BLOCKCHAIN CD.
HEX IS DESIGNED TO GO HIGHER, FASTER, AND RETAIN ITS VALUE.
HEX IS THE FUTURE OF FINANCE, STAKE YOUR CLAIM!
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.

Main functions and features:
Ledger and Trezor hardware wallets can both be used with metamask (use Firefox if mobile), for HEX, ETH and more.
Someone made a direct ledger nano s HEX interface that doesn’t need metamask: hardHEX.xyz
Ledger metamask instructions | Trezor metamask instructions.
HEX might be the first coin to ever have two independent security audits. HEX even has a third 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.

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.

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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.

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