lobstex

Lobtex is a privacy coin which aims to capitalize and contribute in the up-to-date way of earning cryptocurrency. It committed to bringing the best value to your cryptocurrency transaction with safety and quickness. We brought together an amazing team where SEO and online experts, ICO advisors, web developers and web designers, everyone worked hard together to add the best value and success in your transaction.

Privacy in Lobstex Coin:

Privacy is a big issue in recent years. Govt. and bank can tap your data whenever they want. Now a proverb is trending on the internet, “If you don’t buy our service or product, then we will make you the product.” A horrible truth. But actually, it happens. The social platforms like Facebook we use, they can sell our data or personal information anytime. The central authority, bank or any social platform don’t have any respect for our privacy.

The main reason of investing in lobstex gives the following paramountcy as follws:

• lobstex gives a fundamental properties of digital mazuma incorporates: Irreversible ( i.e once an exchange is made it isn't conceivable to instaurate it back).
• Pseudonymous (neither the exchange nor accounts are associated with there genuine characters of clients),
• Sanction-less (no focal specialist to screen and gate keeping to your exchanges on block chain)
• Boundary-less (no geological limits for any exchange)
  -Secure (cryptographically just open key is conspicuous
  -private key is perpetually ascertained)
• Expeditious (exchange transpires close immediate perpetually)
• incorporated an arrangement of standards, the majority of which reverence exchange's approbation and exchange's square. The last are exchange bunches shut in time, cryptographically connected to make the block chain, that prompted birth of cryptographic mazuma.

function of master nodes on Lobstex.
Masternode can be best depicted as a system of decentralized hubs to utilize some unconventional usefulness which a typical hub doesn't involves. The fundamental highlights incorporates moment exchanges with the aegis status what's more to bring soundness to blockchain. The masternodes play out some other works too in contrast with mundane hubs. The masternode work was to commence with conceptualized by the cryptographic mazuma Dash. The extraordinary capacities which ace hubs perform in contrast with typical hubs are:

✓ Heightening the private conception of exchanges

✓ Making exchanges prompt

✓ Providing base for solid administration and equity in voting framework

✓ Additionality to Budget provisioning and Treasury capacities

Zerocoin aims to be the protocol which is decentralized in nature utilizing the e-cash schematics providing quite a proven utilizer anonymity and security of coin predicated on simplistic posit of a distributed consensus in an online and append-only transactions over the blockchain. zLOBS works on zerocoin protocol by enforcing zero-erudition proofs. The zLOBS (zerocoin) feature will be activated at 43201 block when the PoW will culminate.

HOW DOES THE BLOCKCHAIN WORK TO GIVE RISE TO A CRYPTOCURRENCY

Some properties of cryptocurrency that make it more reliable include:
Irreversibility: (once a transaction is made, it is not possible to retrieve it back),
Pseudonymity: (neither the transaction nor accounts are connected to there real identities of users),
Permission-less(decentralized) (no central authority to monitor and gatekeeping to your transactions on blockchain), Boundary-less (no geographical boundaries for any transaction), Secure (cryptographically only the public key is visible, private keys are always protected),
Fast (transaction takes place near instantaneous in real-time).

Roadmap

Q2, 2018 : Incipient Exchanges , Whitepaper, Zerocoin Protocol
Q3, 2018 : Merchants, Partnerships, Mobile Wallets
Q4, 2018 : Dealership Program, More astronomically immense Exchanges, Wallet Voting
Q1, 2019 : Colossal Protocol, Rialto, QR Integration

Lobstex mode of operation
Masternodes
Collateral: 10000 LOBS
Mature Time : 4 Hours
Reward Structure:
~ 0 to 5000 : No Reward, 100% Miners
~ 5001 to 43200 : 50% Masternodes, 50% Miners
~ 43201 TO INF : 60% Masternodes, 40% Stakers
Staking Block Rewards
0 to 500: 5 Per Block (Anti Instamine)
501 to 100000: 40 Per Block
100001 to 300000: 30 Per Block
300001 to Inf: 15 Per Block
Zerocoin Protocol
zLOBS - activated at 43201 Block

Conclusions

There is great innovation and community involvement in this project, which I'm excited about. I'm currently looking out on how this project plays out and would love to see more updates going on in lobstex project – their business model and community control is impressive. I hope you guys found this post useful and would encourage you to check out this project and dig deeper on Lobstex.

All the important information can be found here:

Website: http://www.lobstex.com/

Whitepaper: http://img1.wsimg.com/blobby/go/7a49ff37-1796-494b-8467-84145bcea50a/downloads/1ce21fl08_909870.pdf

Wallets: https://github.com/avymantech/lobstex/releases/tag/v1.0

Twitter: https://twitter.com/LOBSTEXofficial

Facebook: https://www.facebook.com/lobstex/

Discord: https://discord.gg/WcCFVuu

Telegram: https://t.me/lobstexofficial

Reddit: https://www.reddit.com/r/Lobstex/

author : Yoloyolo

my profile :  https://bitcointalk.org/index.php?action=profile;u=1832746

Thanks for the compliment and read my article

I hope this can have a positive effect on all of you.