SafeNode Tiers Announced

SafeNode Tiers Announced

Every week we discuss a number of key objectives in our team meetings. One week ago the main focus was on our upcoming SafeNodes system.

From the beginning, we asked the SafeCoin community for their thoughts on how our SafeNodes should be structured.

As you can imagine, deciding on how many coins are needed for a particular node level can be a hard thing to get right, though we always wanted the tier system to be fair and to reward new SafeCoin investors and long-term SafeCoin investors.

SafeNode Tiers

Shortly after our team meeting last week, we announced the number of SafeCoins you need in order to participate in SafeNodes. We wanted to give everyone a heads up so that they know how many coins they need.

The three tiers are:

  • Tier 1: 10k Collateral – Will integrate with around 12 different blockchains, starting with Horizen
  • Tier 2: 50k Collateral – Will integrate with one to six different blockchains, starting with Zcash
  • Tier 3: 100k Collateral – Will integrate with Bitcoin

Coming Soon

We will be making a full announcement about SafeNodes in the near future that will detail exactly how SafeNodes work.

Stay tuned 🙂

Kevin

About Kevin Muldoon

Kevin Muldoon is a cryptocurrency enthusiast who has been working online since 2000. He is known in the cryptocurrency world for his YouTube channel "Kev's Crypto Channel".
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