REAL-TIME PAYMENT BLOCKCHAIN

RTA Mining on Mainnet


Often times as engineers we have a tendency to wait to release something until it’s complete and final. This however is not always practical, especially when it comes large complex projects like RTA Supernodes.

We have given it a lot of thought over the last few weeks and decided to break up the Supernode release into two phases. While we’re continuing the work on fine tuning RTA workflow and communication protocol in preparation for mainnet beta, we will first roll out what we’re calling an “RTA Miner” – an RTA Supernode that stakes, participates in RTA communication, and gets revenue from the stimulus transactions.

Goals

This release will allow us to:
  • Test the supernode concept on the scale of real network (there is a limited number of alpha supernodes)
  • Fine tune the economic model including stimulus distribution model
  • Draw attention to the project (enter masternode listings etc.)

Scope

  • RTA transaction will not be enabled in wallets and POS clients (only stimulus transactions will be enabled, but they do not require GUI clients)
  • No requirements to RTA TX performance (time, fault tolerance, etc.) or security (double-spending) as stimulus RTA Tx will be processed by GRAFT team only (Stimulus Tx is sent between GRAFT wallets)
  • There will be no security risk to supernode owners or to the entire network

Incentive Details

We’re currently targeting a 5% avg. per month ROI in RTA mining income based on the stimulus program we had announced earlier. Stimulus incentives will carry into the RTA Mainnet launch (tentatively April 2019) until the network is fully ramped up.
The calculation is based on 1,000 active Supernodes

Timing

We haven’t set an exact date for this release yet, but expect it to be within the next 3 weeks, pending release and testing of the supernode staking wallets security issue fix.



Get Ready for Supernode Staking

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About GRAFT Project

GRAFT is a blockchain based payment processing network the functions similarly to a credit card processing network with off-chain authorizations and in-network atomic swap based interchanges. The network is completely decentralized, able to work cross borders and adapting to local regulatory environment. In addition to decentralization, GRAFT solves four biggest problems that exist in cryptocurrency at a point-of-sale today – privacy, speed, fees, and integration. Technically, GRAFT Network is a two layer (proof-of-work and proof-of-stake) blockchain with proof-of-stake based authorizations and economically incentivized participation with opportunities for mining, authorizations, in-network exchanges, gateway hosting, merchant services, etc.

GRAFT is open-platform, open-source, community-driven project.
Opportunities are available to invest in GRAFT project with additional funds going towards marketing, liquidity (exchanges), additional dev resources, and new initiatives. If you are a qualified (accredited) investor who’s interested, please contact us at invest@graft.network and we will work to match you up with an appropriate investment option.

And of course we will never say no to project donations, providing you with lots of karma points (and an honorable mention on GRAFT site). To donate please send an email to info@graft.network and we will generate a unique donation address for you.