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WhitePaper
  • Introduction
  • πŸ“ŠMarket overview
    • Market overview
    • Banking services market overview
    • Cryptocerrency market overview
    • Digital wallets market overview
    • The project’s potential audience analysis
  • ⁉️Problematic
    • Problematic
  • πŸ“  MinePlex ecosystem
    • MinePlex ecosystem
    • MinePlex.Auth
    • MinePlex.Wallet
    • MinePlex.Explorer
    • MinePlex.Money
    • MinePlex.Finance
    • MinePlex.Payment
    • MinePlex.Market
    • P2P Exchanger
    • Fiat transactions
  • πŸ”³MinePlex blockchain
    • MinePlex blockchain
    • Tokenomics
    • Technical specifications of tokens
    • Mine token emission
    • Plex token emission
    • Plexus of Mine token
    • Plexus pool
    • Plexus cycles
    • Plexus complexity
    • Bridges
  • πŸ”²XFI - MinePlex 2.0 Blockchain
    • New MinePlex 2.0 Blockchain
    • Why Tendermint Core?
    • Key features of MinePlex 2.0 blockchain
    • Technical specifications of coins
    • MPX COIN
    • XFI COIN
    • Exchange rate for XFI to MPX
    • Rewards
    • Validators
    • What will happen to the first version of the blockchain and MINE and PLEX tokens?
  • 🎯MinePlex development strategy
    • MinePlex development strategy
  • βœ…Key features of the MinePlex and benefits for end users
    • Key features of the MinePlex and benefits for end users
  • βš–οΈLegal information
    • Legal information
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  1. MinePlex blockchain

Plexus cycles

The plexus process is divided into cycles, which means that the right to create and confirm blocks is distributed among Plexus Pools on cycles, but not on separate blocks. The rights are distributed 5 cycles ahead.

For example, there is the 10th cycle and the rights to create and sign blocks in this cycle are distributed for the15th cycle, in the 11th cycle for the 16th, etc.1 cycle is 1 440 blocks (24 hours).

The full plexus cycle is 12 cycles:

  1. After the address delegation, it will be in the queue for 2 cycles.

  2. After 2 cycles, MINE tokens located on the address will be used in the distribution of rights to create and sign blocks, and the status of the address will be confirmed.

  3. After 5 cycles, the first reward will be accrued and the address status will become active.

  4. The reward will be frozen during the next 5 cycles.

Therefore, a full plexus cycle is the time from sending MINE tokens to the stake to receiving the first reward from the PLEX token, which is 12 cycles. If the Plexus Pool has free PLEX tokens, it can pay rewards to its delegators as soon as they are received - 7 cycles.

The full plexus cycle is valid when the Plexus Pool is changed or when the address is topped up with Mine tokens.

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Last updated 2 years ago

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