SPLENDOR

The evolved version
of Bitcoin

ANONYMOUS

Splendor incorporates default built-in zero-knowledge proofs, enhancing the privacy and security of transactions on its blockchain. This feature ensures that sensitive information remains confidential while still allowing for the validation and verification of transactions, aligning with the principles of privacy-centric blockchain design.

FAST

In a landscape where every second counts, Splendor addresses the pressing need for swift and reliable transaction confirmation. The blockchain's remarkable capability to produce a block every second ensures that users experience minimal latency, fostering a seamless and dynamic environment for decentralized applications (DApps) and transactions.

SCALABLE

Splendor Blockchain achieves scalability through Substrate's modular design, enabling efficient state management, parallel processing, and support for various consensus mechanisms. This adaptable architecture, combined with features like cross-chain interoperability and decentralized governance, positions Splendor as a fast and scalable blockchain solution, capable of accommodating diverse use cases and growing demands.

DECENTRALIZED

Splendor's decentralization is upheld through its implementation of proof-of-work (PoW) consensus, facilitated by the Substrate framework. By employing PoW, Splendor ensures a distributed and trustless network where participants, or miners, compete to validate transactions and add blocks to the blockchain without central authority. This decentralized approach enhances security, censorship resistance, and network resilience, aligning with the foundational principles of blockchain technology.

Tokenomics

21 MILLION COINS

1 second block time

3.125 SPL entering the reserve pool every 10 minutes

Last Block to be Mined in the year 2123

No halving

How it works

Choose a Splendor-Compatible Wallet:

Trust Wallet

Metamask

Wallet Connect

Coinbase

Rainbow

Install and Set Up the Wallet:

Install the chosen wallet on your preferred device (desktop, mobile, or browser extension). Follow the wallet's setup instructions to create an account and secure your wallet with a strong password or recovery phrase.

Acquire SPL Tokens:

Obtain SPL tokens to use within the Splendor network. You can acquire SPL tokens through various means, such as purchasing them on supported exchanges, receiving them in transactions, or run a node and start mining SDR which you can instantly swap for SPL on octaocean.com

Interact with the Splendor Network:

Once your wallet is set up and funded with SPL coins, you can start interacting with the Splendor network. Send and receive SPL tokens, explore decentralized applications (dApps) built on Splendor. Receive 8% annual return paid daily for any SDR you want to commit not to use in your wallet without any lock ups. Available periods of 1, 3, 6, 9, and 12 months. To learn more visit octaocean.com

Special Drawing Rights (SDR)

SDR, denoting Special Drawing Rights, stands as the inaugural decentralized stablecoin supported by Splendor (SPL). This innovative system allows users to draw Splendor SPL against SDR, with the exchange rate determined by the prevailing SPL-to-SDR ratio. Remarkably, the token is represented by the symbol XDR, introducing a novel approach to decentralized stability.

What is a Decentralized Stablecoin: This is a type of cryptocurrency that aims to maintain a stable value. Unlike Bitcoin, which can have volatile prices, this stablecoin is designed to have a consistent value.

Mining Cost Review:

If your Laptop, or desktop PC does not provide enough computational resources, or you simply decide that you need to earn more per month you can install Splendor Core on a cloud server. To estimate the potential costs of running a Splendor Core mining node on a cloud server, you'll need to consider several factors, including the cloud provider, server specifications, and associated costs.

Choose a Cloud Provider:

Select a cloud provider that offers Linux-based Ubuntu server instances. Common providers include AWS (Amazon Web Services), Azure (Microsoft), Akamai, Google Cloud, Digital Ocean, Alibaba Cloud and others.

Select Server Specifications:

Choose the server specifications based on your mining requirements. Consider factors such as CPU, GPU, RAM, and storage capacity. The pricing of cloud instances is typically based on these specifications.

Determine Server Costs:

Obtain the pricing details from your chosen cloud provider for the selected server specifications. Cloud providers often offer various pricing models, such as on-demand pricing, reserved instances, or spot instances.

Calculate Additional Costs:

Consider any additional costs associated with running the server, such as data transfer fees, storage costs, and potential charges for other services you might use in conjunction with the mining node.

Estimate Monthly Operating Costs:

Sum up the server costs and any additional costs to estimate the total monthly operating costs for running the Splendor Core mining node on the cloud server. Now input this data in the Mining Calculator and you will be able to see what is your approximate net profit if you start running the Splendor Core Mining node. Keep in mind that cloud server costs can vary based on factors such as region, server uptime, and specific services used.