Our goal is simple, give the world an opportunity to use crypto-currency everyday to buy items at discounted prices in every stores accepting it. The network will reward shop owners making an effort to propose those prices by giving them more coins as they accept more transactions.
Using the emerging technology of Proof-of-stake Masternodes, we plan to reward staking people with coins each time a block is mined. You can find all information about our technology in the "staking" section.
As a customer, you will be able to buy your items, pay for the restaurant, or go to the cinema with a discounted price.
As a shop owner, you will sell with a discount but you will earn more coins by staking them is your wallet, thus making a profit as if you sold for more than initial price.
Our vision is long term based.
We are planning a wide customer usage during first year to build the Discount network and strengthen POS system with an Intial Coin Offering (ICO).
Masternode will be rewarding early adopters by great amount during the first year. Then we will promote our technology to local shop owners, still encouraging them to propose discounted prices and earn rewards themselves.
Discount Coin network is designed to give great rewards during at least 20 years !
Coin Name : Discount Coin
Ticker : DSC
Coin Type : pure PoS
Algorithm : Scrypt
Max block size : 3 Mb
Block Time : 60 seconds approx
Blocks/Day : 1440
Minimum Stake Age : 2 hours
Coin maturity : 50 blocks
Max Supply : 50,000,000 DSC
Difficulty retarget : every block
Ports : Network 9444 - RPC 9445
Value Tx : low fees
Transaction : Super fast transactions
Eco-firendly : no mining, pure Proof-of-Stake
Stealth addresses : Darksend Private Mixing
Private Encrypted : Desktop Blockchain Messaging
Low Premine : 4% total : 3% for ICO - 1% for promoting
Masternode collateral : 5000 DSC
Block Reward : 75% Masternodes, 25% Staking
Block Reward : Growing first year and staying two-digit numbers for 10 years
Lucky Blocks : 5000 DSC reward on 18 milestones blocks, 16 during first year
Marketcap after ICO : around $98,000,000
Monthly gain after ICO : ~5600$ first month, ~7900$ after 3 month, ~9k$ after 10 month (may vary on market fluctuation)
Proof-of-Stake based blockchain rewards coin holders having a masternode of simply staking coins in their wallet.
Once ICO is over, we will list DiscountCoin in main marketplaces. Unlike in Proof-of-work coins like Bitcoin, Discount coin cannot be mined in ASICs farms, only coins holders can create more coins. It has a significant influence on exchange price, avoiding miners to plummet coin price. Coins are sold by people invested in DiscountCoin blockchain at fair prices.
Here is a table describing rewards structure, growing fast during the first year to boost Discount Coin mass adoption, staying lucrative for many years and slowly declining for next decades.
Monthly gain is calculated for 1 Masternode (5000 DSC), based on ICO average price.
|Until block #||Duration||Reward / Block||Monthly gain|
|10 080||7 days||5 DSC||$1411|
|14 400||10 Days||8 DSC||$2258|
|18 720||13 days||10 DSC||$2822|
|23 040||16 days||12 DSC||$3387|
|27 360||19 days||14 DSC||$3951|
|31 680||22 days||16 DSC||$4516|
|36 000||25 days||18 DSC||$5080|
|43 200||30 days||20 DSC||$5645|
|64 800||45 days||22 DSC||$6210|
|Until block #||Duration||Reward / Block||Monthly gain|
|86 400||60 days||24 DSC||$6774|
|129 600||90 days||26 DSC||$7338|
|172 800||3 month||28 DSC||$7903|
|302 400||7 month||30 DSC||$8467|
|432 000||10 month||32 DSC||$9032|
|777 600||1 year and 6 month||30 DSC||$8467|
|2 160 000||4 years||10 DSC||$2822|
|4 320 000||8 years 3 month||3 DSC||$847|
|Max supply||...||1 DSC||$282|
Because getting a discount price is also funny and sometime due to cheer luck, we introduced "lucky block" technology in DSC blockchain.
18 milestones blocks are rewarding 5000 DSC coins when mined. Most of them will occur during first year to encourage early adoption. Don't hesitate to join in !
|block #||Lucky reward|
|8 000||5 000 DSC|
|12 000||5000 DSC|
|16 000||5 000 DSC|
|20 000||5 000 DSC|
|25 000||5 000 DSC|
|30 000||5 000 DSC|
|35 000||5 000 DSC|
|40 000||5 000 DSC|
|50 000||5 000 DSC|
|block #||Lucky reward|
|60 000||5 000 DSC|
|75 000||5 000 DSC|
|90 000||5 000 DSC|
|100 000||5 000 DSC|
|150 000||5 000 DSC|
|200 000||5 000 DSC|
|500 000||5 000 DSC|
|750 000||5 000 DSC|
|1 000 000||5 000 DSC|
Stake your Discount Coins, it's making more Coins !
Proof-of-Stake just like Proof-of-Work is a mechanism that allows the network to confirm transactions and prevent fraud. However, it does not require intensive calculations to be performed. The only reqirement is to have some DSC Discount Coins in your balance and keep your Discount Wallet connected to the network. Periodically, your balance will be increasing as new coins are awarded to you for your support of the Discount Network. Interest rate depends on a variety of factors, however, with optimal participation in support of the Discount Network one can expect a consequent return on their investment.
Powering Blockchain Services
Discount Masternodes are computers that are constantly connected to the Discount Network and perform certain tasks allowing DSC Discount to achieve faster and more private transactions. To run the Discount Masternode one is required to have 5000 DSC in their balance, as collateral, and fulfil other requirements imposed by the protocol. For their dedicated service Discount Masternodes are rewarded with 75% of network rewards. Discount Masternodes form a backbone that is a part of a technological mix which powers services and apps of a wider DSC Discount ecosystem.
Pure PoS, no Intensive mining
Unlike many other coins, Discount Coins are not mined through costly proof-of-work mining rigs. It does not consumate large amount of electricity and is eco-friendly.Learn more
Phase 1 : Phase 1 is representing 25 masternodes, this phase is closed.
Phase 2 : Final phase, 275 masternodes are up for sale, to get to a stable and mature 300 masternodes network.
Once ICO is finished, 300 Masternodes will be running, our coins will be listed on exchange at $1.
If you want to simulate your profit, you can try our ROI simulator.
There is a total of 1.5M coins distributed through ICO, not one more. This number represent 75% of the 2M premined coins, the rest will be used for bouties, airdrops, signature campaigns and promotion across social media for youtubers or twitter promoters. The team does only keep 25000 coins (1.25% of premine, 5 Masternodes) for itself. We will reward our job with these 5 masternodes POS rewards.
|% of Premine||# of coins||Usage|
|6.25%||125 000||ICO Phase 1|
|68.75%||1 375 000||ICO Phase 2|
|12.5%||250 000||Exchange/Services listing|
|2.5%||50 000||Signature Campaign|
|100%||2 000 000||Total|
Highlighted exchanges are already listed.
Still have any questions ? Do you need to understand Discount Coin mechanics ?
You need 5000 coins to start a masternode. You should also purchase 1 extra coin you will spend some low fee to set up your masternode.
Please allow some time for your transaction to be proceeded. 99% of all transactions are validated in less than 24 hours.
In staking, the wallet verifies the transactions based on its coin weightage. The more coins are staking in the wallet, the more rewards the wallet gets. Staking rewards are 25% of the block reward. You can learn more by reading our Staking section.
ICO is divided into 4 phases.
As a Discounter community, we reserve best prices to early birds, 125 000 coins will be sold at $0.75, representing a 70% discount on full price.
After phase 1, price is slowly rising and gets to a 50% discount price. 250 000 coin are sold at $1.25
Phase 3 then triggers and 375 000 coins are sold at $1.75, you can still benefit a 30% discount at this rate.
Finally, last 750 000 coins are sold at final price for $2.5
Once ICO is finished, 300 Masternodes will be running, the average price for listing on marketplaces is $1.96, generating around $1411 reward first month, climbing to $5000 in 5 month and to >$8000 at 2018 end.
Masternode is a wallet that is to be kept online 24/7 on VPS or home PC. This wallet will be verifying the transactions of Discount Coin. In return for the verifications, the masternode earns 75% of the block rewards.
Masternodes are generating coins everyday and represents a passive income for your investment.
It is sometimes hard to find good nodes providing decent connexion to the network.
You can add official DiscountCoin nodes in config file to help synchronization.
Open your DiscountCoin.conf and add the following lines, then restart your wallet.