Semux is an experimental decentralized platform based on the highly reliable BFT consensus. Allows to create dApps. Moreover, the development is available with convenient Java. Semux has high performance, generating a block in just 30 seconds.
And these and other advantages attract a large community of dApps developers, miners and other participants to the system.
The Key Moment
Semux is a 100% independent, affordable and convenient platform that was created by crypto and IT enthusiasts for enthusiasts. In other words, the system opens up the easiest entry point into development for experiments on the blockchain technology.
This is a great opportunity for programmers and admins to create their own:
- hobby web-projects;
- business online projects;
- projects related to supply chains, loyalty, digital and tokenized assets;
- other developments with various purposes.
There are also special features for experienced blockchain developers
For example, the well-known problems of the Ethereum platform with network restrictions and expensive transactions are easily solved by transferring dApps to the profitable Semux platform. This is simple and possible thanks to the integration of the Ethereum virtual machine in the latest Semux version.
Semux — the ability to receive passive income as a validator
Moreover, it’s easy to do and affordable for everyone. The validator status gives access to the extraction (forging) of blocks, receiving a reward for this. And also receive commissions for transactions in the block. Moreover, there are no additional costs, and all maintenance can be done independently — special skills aren’t needed.
It’s very easy to launch the validator, because the server requirements are loyal. Investments are only about 1 BTC per stack for personal mining.
At the same time, the annual yield of the validator reaches 22%. In other words: it’s easy to get in and quickly recover your investment, receiving passive income.
What if there is no finance to launch the validator?
In this case, an option is provided for organizing your own public pool. Where first you become a delegate, i.e. you have an account that is available for voting and can obtain the validator status in the future. To enter as a delegate, a contribution of only 1000 SEM is required, which is then «burned» in the system. And in order to get a validator, a delegate needs to have enough votes for a place in the Top 100 delegates. To do this, you need about 98,5k votes (the most relevant information can be found here https://semux.info/delegates). At the same time, the process organization is simple: you need to install and configure the “Pool manager” software, in addition to launching the validator node. The pool manager works separately, calculating and distributing pool revenues. It functions in parallel with the Semux client, which forges blocks 24/7.
Semux staking — a profit option for beginners and those who don’t want to run a validator
If you don’t want to go into technical details or have recently entered the blockchain environment, in this case there is an option to make money through staking.
You only need to vote for public pools (the current list can be found here https://semux.info/public-pools), depositing your coins for this and receiving an increased return on your “investments”. A great option for additional income. Affordable and very simple!
It is nice that the annual yield of such a simple staking can reach 22% per annum.
The blockchain future is already here
Semux was launched as one of the first projects with a BFT protocol on validators (starting January 20, 2018). And in 2020, the platform continues to prove the effectiveness of its work, as well as the profitability potential.
Semux is traded on several exchanges: STEX (SEM / BTC pair), TOKOK (SEM / ETH pair), P2PB2B (SEM / BTC pair), CITEX (SEM / BTC pair). And also expected to go to other exchanges. While CoinMarketCap estimates the project capitalization at about $ 801,636 and reflects the relative stability of the SEM price chart – around $ 0.08 per coin.
Development continues, and Q3, 2020 is expected to third release with on-chain governance. But that is not all! The Semux team is also working on Web3 support, the Browser extension, and several Light SEM wallets. Moreover, you can also join the development process. Especially with a nice bonus: a profitable bounty program for developers is planned. Want to know more? The Semux project Roadmap can be found here https://www.semux.org/#roadmap
Visit the official Semux website https://www.semux.org/
The Semux Project on GitHub https://github.com/semuxproject/semux-core
Semux pool manager https://github.com/semuxproject/semux-pool
Semux on DISCORD https://discordapp.com/invite/qQVckKZ
Semux on Twitter https://twitter.com/semuxproject