In addition to all of that Energi is planning to move to Ethereum based code-base soon which will adopt Ethereum’s capabilities on Energi blockchain like for example smart contracts. It aims to become a dominant smart contract platform similar to Ethereum but is not there yet. https://www.tokenexus.com/ This project significantly enhances the self funded governance concept found in coins like Dash, PIVX, Smart Cash and other cryptocurrencies. It has the largest treasury system currently and this system will act as a primary funding mechanism that fuels the projects growth.
Energi coin has masternodes which provides security, enables instant and private transactions to the network. This is what enables treasury as well that provides funding for development, marketing and other services. But this is not a unique feature of Energi but an invention of Dash. I include this section because I feel it’s relevant to know what the team has planned for the future. The reason this is relevant is that Energi depends on a dApp platform and smart contract functionality, but so far it has neither of these.
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Currently, the project is little more than another masternode blockchain with its own cryptocurrency. Energi (NRG) is a unique cryptocurrency project, because it’s much more than a coin. It’s a robust foundational blockchain, much like Bitcoin or Ethereum, with full smart contract capabilities. But before we explore the breadth and depth of its other offerings, let’s dig into Energi’s smart contract functionality. Some potential risks that coin swaps bring to users are missing deadlines of exchanging their old coins for new ones, exchanges not performing the coin swaps for holders and the risk of losing coins. Nor is the risk of exchanges not performing the coin swap for their NRG holders within a specified deadline.
Typically, exchanges notify users in advance that trading services for that cryptocurrency will be going into ‘maintenance mode’. Energi is a self-funding cryptocurrency that has a purpose to reach the masses. The value proposition of Energi is that they will provide a very strong, self-funding treasury system which will eventually develop into a smart contract platform.
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GonnaMakeIt users are protected from theft, and creators have their their royalties protected by Energi’s industry-leading governance controls. Beyond that, GonnaMakeIt features extremely low blockchain fees, fast transaction speeds, and top notch customer service. Dont forget to participate in the $GMI Airdrop and participate in our juicy referral program!
Once acquired, the NRG tokens can be stored in the official Core Wallet which is also used for staking purposes. Energi is also available on the Coinomi wallet app for iPhone and Android. Investors should conduct their own research and analysis before making any investment decisions. You should also be aware of the potential for loss, and only invest what you can afford to lose.
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Cryptocurrency developers’ plans to hand over coins to Proof-of-stake algorithm in early 2019 and create a mobile wallet that syncs with contacts. Now before you go ahead and buy Energi coins for staking here are our two cents. To earn this users must what is energi coin complete KYC and are asked to complete certain social tasks like following their social accounts and shilling Energi coins on social media. The runup in price has made it more expensive to run a masternode, but the return is still quite good.