Sapphire coin

Sapphire, the pragmatic coin for rewards and payments based on the real economy

THE COIN

A coin from doers for doers.

Sapphire coins (SAPP coins) will be used in the real economy as a stable means of payment and will be issued only to trustworthy partners who bring added value to the project.

The SAPP developers are aware of the frustrations of early tech adopters and fruitless ICOs and IEOs. They always approach any problems that arise with a clear, precise goal in mind.

The goal is to have a coin that is easy to use, ensures fast payment transfers, is used and wanted, and most importantly, lives and breathes with its community.

THE ECOSYSTEM

The SAPP developers reverse the usual procedure of cryptocurrency. Most coin developers have great technical ideas but no real business concept. Profits are only realized through speculation and not through value creation. This must fail in the long run.

The current developers of the SAPP Coin come from the real economy and adapt the coin exactly for this.

Stability, money supply control and real value creation are the essential parameters. Interfaces are created so that the coin can be used for real purchase processes while complying with all laws.

THE COMMUNITY

At the same time, the developers work together with the community that has grown up around the coin.

Their support is rewarded through various reward programs:

– Interest on Coins Saved (Proof of Stake)
– Compensation for the provision of hardware (Masternodes)
– Improvement suggestions (Bounties)
– Support through contributions (Rewards)

Sapphire is the future, it offers all opportunities and gives unlimited possibilities to supporters and partners.

COIN SPECIFICATION

PoW Algorithm: Quark
Premine: 300,000 SAPP
PoW Blocks: 1 - 500
PoS Blocks: Starting from 501
Block Time: 60 Seconds
Maturity: 100 Confirmations
Prefix: SAPP addresses start with the capital letter "S"
Ports: 45328 (p2p) / 45329 (rpc)
Blockchain explorer

REWARDS

Rewards table

BlockCollateralBlock RewardMN Reward %Staking Reward %MN RewardStaker Reward
1-300000----
2-1----
5011019550.950.05
20015029551.90.1
20001500109559.50.5
300017501595514.250.75
40001100020955191
5000112502595523.751.25
6000125005095547.52.5
1000015000100955955
13000110000150955142.57.5
15000120000250955237.512.5
1750013000040095538020
2000014000050095547525
25000150000450955427.522.5
3000015000040095538020
4000017500050095547525
45000110000060095557030
50000112500070095566535
55000115000080095576040
60000117500090095585545
650001200000100095595050
70000120000090095585545
75000120000080095576040
80000120000070095566535
85000120000060095557030
90000120000050095547525
950001200000450955427.522.5
100000120000040095538020
12000012000008006535520280

We are happy to introduce the Dynamic Rewards system

All detailed information can be found on the links below

DECENOMY TechTalk on Medium

Dynamic Rewards – Algorithm Design and Code Breakdown

Summary:

Another dynamic reward adjustment took place.

As a result, the total reward value for the next 10,080 blocks (approximately 7 days) was modified.

This change might raise some curiosity among blockchain users:

How far will this reduction go?
What is the current minimum total reward?

Each time this recalculation occurs in the blockchain, specific information is logged in the debug file located in the blockchain folder:

 

 

It’s important to note that these details will only be recorded in the debug file if your wallet was open during the recalculation cycle.

2024-12-17 21:54:08 CRewards::ConnectBlock: nTargetEmission: 1167120.36

This shows the target emission that the dynamic rewards algorithm is aiming for, based on the current user activity on the blockchain.

The value of 1167120.36 refers to the total amount for the cycle. If we divide it by 10080 blocks, we get approximately 116 rewards per block.

It’s worth mentioning that the total rewards are distributed as follows: 65% for masternodes and 35% for stakers.

To easily see this we can say that:

Rewards before the dynamic rewards implementation
Total ( 100% ) : 800
MN ( 65% ) : 520
Stake ( 35% ) : 280

Target Rewards after dynamic rewards implementation
( based on current blockchain user activity )
Total ( 100% ) : 116
MN ( 65% ) : 75.4
Stake ( 35% ) : 40.6

This information is valuable for understanding the future of the blockchain in terms of rewards and for identifying potential actions that can be planned along the way. It also offers insights into what the future inflation rate might look like.

EXCHANGES

PARTNERS

JOIN OUR COMMUNITY

MASTERNODES

Passive income

An interesting way to earn revenue by providing technology is by providing a Masternode that runs on a proof-of-stake (PoS) base.

First and foremost, a Masternode, like any other full node, is a node server within a network. Full nodes are important because they process transactions and store them in the blockchain.

In addition, however, a Masternode operator has tasks and rights that a normal full node operater does not have. For this gets the operator high rewards.

In order to obtain the status of a Masternode, the Masternode operator must deposit a corresponding number of coins. For this and for the performance of the tasks and the provision of computing power and storage space, they  will receive rewards based on the corresponding Coins (Proof-of-Stake).

However, to be a Masternode operator, you first need to deposit some coins to the network as per the minimum threshold. SAPP masternodes will receive 65% of each block reward.

SUPPORT

Knowledge base:

All the documentation with video tutorials

Official Discord server:

  1. Join our official Discord Server
  2. On the right corner find section “Team”
  3. Choose the team member (click on avatar icon)
  4. Verify the nick name, account number with the table
  5. Click on user avatar, open “more” menu on the right side of popup window and verify the developer ID

Important!

The team will not open DM anyone. If someone opens you a DM saying to be a team member, please reinitiate the DM by contacting him from the channel.
When you want to communicate with a team member, open the DM directly to any of the names on the top right.