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Maria Coin is a Proof of Stake cryptocurrency designed to facilitate seamless payments and transactions within the Maria ecosystem. It is integral to 'Maria Pay,' supporting various platforms and businesses that accept Maria Coin payments. The project initially used Proof of Work for the first 199 blocks before transitioning to Proof of Stake, ensuring efficient and secure transactions across its network.
Maria Coin can be used to pay for web hosting services through HostMaria.com, a participating company within the Maria ecosystem. This service allows users to manually complete payments with Maria Coin for any cloud hosting plan. As part of the ecosystem, HostMaria caters to over 2.5 thousand active users, offering a practical application of Maria Coin in the real world.
Maria Coin's reward structure is designed to incentivize network participation while considering inflation. The reward allocation offers 60% to masternodes, 30% to stakers, and 10% to the treasury. Regular halving events reduce block rewards over time, ensuring sustainable growth and minimizing inflation. This structure promotes active participation in the network while providing long-term value to coin holders.
With a block time of 60 seconds and maturity of 100 confirmations, Maria Coin offers quick and efficient transactions compared to many other cryptocurrencies. It employs masternodes to maintain network stability while incentivizing engagement. Its future integration as part of 'Maria Payments' and MariaCX exchange further positions it as a competitive player in the digital currency space.
The Maria Coin ecosystem has ambitious plans, including the launch of 'Maria Payments,' a non-custodial payment gateway. This will simplify the process of accepting multiple cryptocurrencies across various platforms. Additionally, the ecosystem aims to introduce MariaCX, a cryptocurrency exchange that promises easy trading with potential zero-fee trading pairs involving Maria Coin, enhancing its utility and accessibility.
If you experience a transaction issue with Maria Coin, ensure that your wallet is correctly synchronized with the network and that you have sufficient confirmations. Verify that the recipient's address is correct, beginning with 'M' as prefixes for Maria addresses. For persistent issues, contact the support team of the platform facilitating the transaction, who can provide specific guidance to resolve your concern.
A Layer 1 blockchain using PoS for decentralization and governance.
Maria is a Layer 1 blockchain network that utilizes a Proof of Stake (PoS) consensus mechanism and provides an extensive range of services within its corresponding ecosystem, which includes platforms such as HostMaria.com and MariaBuy.com. Initially launched using a Proof of Work (PoW) model, the network quickly transitioned to PoS after its first 199 blocks to benefit from increased efficiency and sustainability. Featuring no maximum token supply and having premised with over 8.8 million coins, the Maria blockchain employs the OUARK algorithm and caters to an experience focused on security and privacy, with specialized address formats that underscore these concerns. Adding to its robust utility is the inclusion of masternodes, each necessitating a 100,000 MARIA deposit, which add an additional layer of security and decentralization to the network. These nodes play a pivotal role in both governance and ensuring consistent network integrity, and they benefit from a structured reward system alongside stakers. The Maria ecosystem is further enhanced through the Maria Pay feature which simplifies transactions, and a web wallet that promotes user autonomy by decentralizing control of pr...
Maria is a Layer 1 blockchain network that utilizes a Proof of Stake (PoS) consensus mechanism and provides an extensive range of services within its corresponding ecosystem, which includes platforms such as HostMaria.com and MariaBuy.com. Initially launched using a Proof of Work (PoW) model, the network quickly transitioned to PoS after its first 199 blocks to benefit from increased efficiency and sustainability. Featuring no maximum token supply and having premised with over 8.8 million coins, the Maria blockchain employs the OUARK algorithm and caters to an experience focused on security and privacy, with specialized address formats that underscore these concerns. Adding to its robust utility is the inclusion of masternodes, each necessitating a 100,000 MARIA deposit, which add an additional layer of security and decentralization to the network. These nodes play a pivotal role in both governance and ensuring consistent network integrity, and they benefit from a structured reward system alongside stakers. The Maria ecosystem is further enhanced through the Maria Pay feature which simplifies transactions, and a web wallet that promotes user autonomy by decentralizing control of private keys. This wallet, open-source in nature, encourages user engagement without sacrificing security, acting as a gateway for staking and transaction management while integrating experimental features like cold staking for early adopters. Despite the absence of shielded transaction support, the wallet ensures that users can participate actively in governance and are taught to maintain private key security. In practical terms, Maria Coin is designed to be a universal tool for seamless, secure payments and interactions across its expansive ecosystem. By intersecting usability, privacy, and governance, Maria stands as a transformative solution in the versatile and rapidly-evolving Web3 landscape.
