Infinex — The Best Cryptocurrency With Innovative Decentralized Exchange

Dean Alpha
Sep 4, 2018 · 3 min read

Infinex is an extremely exciting cryptocurrency project that has infinite possibilities. It began a journey earlier this year and got a significant support from investors and the community. Within a short time frame, Infinex masternode got attention and attract a numerous number of investors. So, why Infinex got overwhelming responses over other cryptocurrencies? What issues are they solving that matter to investors?

Infinex masternodes

Most notably — a decentralized exchange with user-friendly interface and easy access, reducing transaction time and so on. Infinex introducing a monopolistic decentralized network where users will find an exchange, a live streaming platform, cloud gaming apps, social networking site, and a developer-friendly application store. The radical features of Infinex are guaranteed security, privacy, and decentralization. In this article, we will try to make a further rough sketch of the objectives, features, and success of Infinex project with proof of its value and worthiness.

Infinex Features:
Hybrid PoW + Masternode model
Masternode ~ 1000 IFX collateral
Algo: Lyra2z
Minable: Yes
ASIC Resistant: Yes (reducing the risk of centralization)
Block time: 90 seconds.
Maximum supply: 26,280,000 IFX (over 10 years).
InfiniLoop: provides stability and security of the network
InfiniGuard: chain protection via Minimum-Chain-Work + Best-Block-Hash programs.
TextSpork
Active Development
Very fast transaction times

Mining IFX

Infinex uses Lyra2z algo which is ASIC resistant and highly efficient in terms of use and power consumption. The Lyra2z algorithm has been chosen for Infinex network has already proven itself to be effective in terms of efficiency and user facility. Moreover, electricity cost reduced 30–40% with my regular mining rig which is very profitable. To sum up, mining IFX is very profitable, even if we don’t consider it’s reduced electricity costs. It has huge potential that will increase its value real soon.

The unparalleled aspect of IFX mining is that there were no pre-mine coin or ICO. Then what the founder gets? Let’s make it simple, the founder get 1 IFX for each block mined, that also limited to first 5 years. This covers the development costs, marketing cost, airdrops and other rewards including community management.

Infinex has official mining pool with low fees of 0.5% https://pool.infinex.info. Another pool great IFX pool I have found is BSOD — who also charges 0.5% Pool Fee. http://bsod.pw

Decentralized Exchange and Infinex Masternode

The PoW (proof-of-work) aspect of IFX will be phased out and the network will be entirely masternode dependent. So, the IFX masternode and Infinex exchange are complementary of each other.

IFX masternode requires a collateral of 1000 IFX and the deliberated annual ROI is 120% in the case of 1600 active nodes. Currently, there are more than a thousand active masternode. One of the most discussed masternode coin at Bitcointalk.org and listed on MNRANK.com and Masternodes.Online.

The Infinex exchange is currently about to launch its Beta version, we are expecting a successful launch in September 2018. IFX matter to this exchange because this will be the primary pair to exchange other cryptocurrencies. The master nodes of Infinex will be used for making the network secured, transaction verification, signature verification and other functions as well. Different nodes will have different tasks, if one failed to do, the next one will do it. So, there is no lack of security. This will also protect the network from hackers and other cyber evils. Also, the masternode holders will get rewards from exchange fees accordingly. Additionally, InfiniDEX — the decentralized exchange resolving all the issues currently troubling CEX traders. Entire things at Infinex exchange are decentralized, simple, secure, and fast.

Buy IFX from Exchanges

Tow most popular exchange for masternode coins supporting IFX project. IFX coins are available at Crypto-bridge.org and CoinExchange.io. Both are good in trade volume and experience. Cryptopia will be added soon, as found on their announce. You can join IFX discord channel for more information about the project and future of Infinex.
https://discord.gg/2PpuNSe

Finally, Infinex project has just added another real gem create the Blockchain technology stronger that has unlimited opportunity to build and expand. Eventually, Infinex will be the heart of the blockchain, so the sooner you adopt Infinex masternode, the larger your profit will be. Visit Infinex official website here.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade