PRIDE

PRIDE

DecimalChain validator

File

Status:

Validator

Net address:

 d0valoper1htf9phsgvndhktr20mrjctedpy40hpdvp9tv47

Country:

Russia

Stake:

7,411,542 DEL

Fee:

6 %

Tokens:

MAGNETAR, PRIMERY

Voting power:

7411542

Delegators:

81

Website:

decimalpride.com

Instagram:

 decimalpride 

Telegram:

 decimalpride  pride-05-11-2  MrCabbage

Note:

Stable operation of the validator. Two protection servers and two backup node servers located in data centers in Finland and the United States. Various bonus programs

The article is a list of ideas and projects of the validator PRIDE, based on the capabilities of the DecimalChain network. The document is not a roadmap and is compiled solely for informational purposes. The current information on the implementation of the projects listed above can be found on the validator's official Telegram channel:  decimalpride.

Technical components of the validator

Servers used for nodes

The main issue for us before launching the validator was the choice of server equipment, its power, geographical location, and the company providing rental services for this equipment. We believe that this is a matter of paramount importance, as the stable operation of the servers depends on the stability of the validator's operation and, consequently, the network itself, as well as the security of our delegators' coins. Numerous tests were conducted with various equipment configurations and different ways of using them. As a result, we came up with an ideal equipment configuration, in our opinion:

• Servers are rented exclusively from foreign service providers.

Three node servers are used (one primary and two backup). In case of unforeseen circumstances and failure of the primary server, the validator is launched on one of the backup servers in the shortest possible time. The third server is necessary to provide backup for the primary and backup servers, practically eliminating the possibility of a lack of functioning servers for our validator.

• Servers are located in different data centers, which eliminates the possibility of simultaneous disconnection in case of a disaster.

The rented capacities we have exceed the network's requirements for stable operation of the masternode by tens of times, and they are also not used for any purposes other than supporting the DecimalChain network. This means that our equipment operates stably and will not require upgrading for a very long time.

Protection of delegators' coins from penalties

To protect the validator from penalties, developers have created special software that allows timely disconnecting the validator from the network and avoiding sanctions amounting to 1% of the total stake of coins (read the DecimalChain White Paper). We, of course, took advantage of this opportunity and installed this software on all three servers. It is impossible to completely eliminate the risk of receiving a penalty, but we believe it is necessary to do everything possible to minimize these risks.

Error and malfunction monitoring programs

To promptly detect equipment malfunctions and improper validator operation, we use various monitoring programs. They help us react promptly to any abnormal situation with the equipment. We consider this measure necessary because prolonged absence of the validator in the network entails losses of delegators' rewards and partly weakens the operation of the network itself.

Validator maintenance team

We have approached the selection of personnel servicing our validator with special attention. Currently, it is a team of professionals with over 20 years of experience in the IT industry. Our IT department operates 24 hours a day, seven days a week, promptly fulfilling tasks related to validator maintenance and blockchain replica software updates.

Validator projects

Delegating coins to our validator

The validator's plans include attracting a wide range of audiences to the network. A separate funnel website will be created for each audience, along with corresponding advertising campaigns. Training, instructions, chat rooms, and channels will be provided for each new client to generate interest in DecimalChain. Continuous advertising and a well-established system for handling incoming traffic will give appropriate publicity to the DecimalChain project and increase the stake of our validator.

Partnership program for delegators

To implement all projects based on the PRIDE validator, it was necessary to create a one-tier partnership program. Currently, we see two ways to implement the partnership program: through blockchain (linking wallets together through transaction descriptions) or by creating a separate service (a website with a database). The first option will be implemented initially, followed by the second option with sufficient funding. The partnership program does not involve reducing the base reward for delegators when delegating coins to the PRIDE validator. To participate in the partnership program, it is necessary to have at least 200 coins delegated to the PRIDE validator.

Loyalty ecosystem on the DecimalChain blockchain

One of the main directions of our validator is the project to create a loyalty system for real businesses implemented on the DecimalChain blockchain. We named it Crypto Club (working title).

Key points of creating Crypto Club:

• Crypto Club website. Creating a website with store cards where any DecimalChain user can view all the necessary information about a business integrated into the network (store location and description, business coin parameters, conditions for receiving cashback, gifts, and discounts in business coins, other information).
• Support service. Assistance for business owners (training, coin creation, staff training). Customer support service (dedicated Telegram and WhatsApp lines for assisting customers from connected businesses, training bots, and instructions for using DecimalChain for new clients).
• Advertising. Launching advertising targeted at business owners through various online channels. Preparation of materials (videos and presentations) and forming an initiative group for onboarding businesses "on the ground." Creating initial use cases.
• Earning for PRIDE delegators. Creating an opportunity for PRIDE delegators to onboard businesses to Crypto Club and receive bonuses through a referral program. The scheme works as follows: any user who comes from a business connected by a PRIDE delegator becomes their referral.

To be able to onboard businesses, PRIDE delegators will need to undergo special training, pass an exam (free of charge), and obtain a "Store Onboarding" certificate.

Giveaways, quizzes, marathons, rewards

Stimulating rewards are provided for our delegators' activity on social media. Here are some of them:

• Prizes for giveaways.
• Prizes for knowledge marathons.
• Prizes for quizzes.
• Prizes for activity and assistance to newcomers.

Partnership

We are pleased to consider any collaboration proposals both within the DecimalChain network and from external projects using other blockchain technologies or not using cryptocurrency at all. We believe that productive collaboration between competing projects and fair competition contribute to the overall development of the industry and any business as a whole, as well as the emergence of strong and interesting products for end users.

Validator team

Our team is organized from enthusiasts with extensive experience in various internet marketing and traditional business fields. We are determined to develop the DecimalChain project and the blockchain industry as a whole.

The main part of our team includes:

• Anton Antipov  AntonAntipoff. Business integration, promotion. Has vast experience working with people, building network structures (over 7,000 people), and has been a top leader in several network projects. Established numerous startups, most of which were later sold as ready-made businesses. Also held the position of commercial director in construction organizations.
• Ilya Mazikov  Ipmazikov. Customer relations, quality control. Former military. Participated in numerous network projects and traditional startups. Owns a small company and has experience in advertising.
• Vladimir Kapustin  MrCabbge1. Management, advertising, business processes. Changed multiple jobs through hiring. Launched a multitude of startups, the majority of which were successful. Developed in various network projects, where he gained extensive experience in internet marketing and advertising.
• Fedor Ivakin  Ivakinfn. Technical department, administration. Higher education, St. Petersburg State Electrotechnical University "LETI", specializing in "Electronic Computing Machines, Systems, Complexes, and Networks". Has work experience in large enterprises. Total experience in the IT sphere is over 20 years.

Economy

Delegating coins to the PRIDE validator

Each of the DecimalChain validators sets a commission charged from the rewards of their delegators. This is the validator's earnings, which are an integral part of the DecimalChain ecosystem. For our validator, we have set a commission of 6%. This is an acceptable figure for delegators and optimal for us.

This commission will allow us to maintain the functionality of all our servers and systems, as well as implement all the projects mentioned below and create a competitive product in the DPoS and PoS mining market, as well as in the cryptocurrency market as a whole.

It is impossible to accurately determine the profitability of the DecimalChain network for a delegator, as it depends on certain changing network values. As of March-April 2021, this is approximately 0,29 % — 0,31 % per day (taking into account the commission of the PRIDE validator).

Delegator rewards in the partner program

1. First option (wallet attachment in transaction description) — 1 % of the referral’s deposit when delegating coins to the PRIDE validator, one-time.
2. Second option (wallet attachment in a separate service) — 2 % of the referral’s rewards received when delegating coins to the PRIDE validator, forever.

Delegator rewards in the loyalty ecosystem

Any interested PRIDE delegator participating in our partner program and obtaining a "Business Connection" certificate will receive all the clients of that business who delegate coins to PRIDE into their partner program through Crypto Club. In other words, they will receive 2% of the rewards from the referral who delegates coins to the PRIDE validator, forever.

PRIDE validator earnings

Funds received from the activities of the validator mentioned below will be used exclusively to improve this activity, develop validator projects, pay employee salaries, maintain the validator, provide grants and gifts to delegators. In our view, DecimalChain is a project that is ahead of its time and has many advantages and prospects for any innovator. Our team is made up of enthusiasts interested in promoting the project by implementing their own solutions and innovations. The income generated will help us realize these ideas.

Logo

In the logo, we depicted interconnected blockchain nodes that sign a block with transactions. The logo symbolizes the unity and integrity of the network, just like the name of our PRIDE validator.

Notes

 This article is available in other languages:    Русский