Galactrum (ORE)

Galactrum (ORE) is an autonomous digital currency that operates on a decentralized and resilient platform. It utilizes masternodes to strengthen the network and secure the ledger while providing incentives in ORE rewards. Operating a masternode is easy to set up and requires minimal maintenance. The mining phase has transitioned to Proof of Stake (PoS), where block creation is achieved through staking. This cutting-edge method helps ensure network stability and encourages usage of the Galactrum network.

Galactrum introduces a groundbreaking mechanism called Stakenodes, which allows ORE stored in a cold wallet to be used for staking. Stakenodes can accept smart contracts that grant the right to stake ORE. Block rewards are shared between the stakenode operator and the owner of the staking contract. Additionally, regular staking from a hot wallet is available for participants looking for a simpler way to participate. However, it may be less secure and reliable compared to using a stakenode.

The ORE coin has a ticker of ORE and operates with a 2-minute block time. The block reward for miners is 10 ORE, which decreases by 50% every 5 years. The maximum supply of ORE is set at 26 million coins. Galactrum uses the Lyra2REv2 hashing algorithm and employs Dark Gravity Wave v3 for difficulty targeting. The Galactrum community can engage in official chats through Discord and receive updates from the team on Twitter. Trade of ORE is available on the STEX exchange, and various tools such as block explorers and wallets are provided to facilitate convenient usage of the Galactrum network.