Jolt Gas [JLG]

Laura L
2 min readFeb 25, 2018

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Jolt is power sharing in a unique way. With over 540,000 Electric
vehicles on the road and under 17k Charging stations, of which most are
only located in heavily populated cities — the need for charging stations in
between metropolitan areas is an ever increasing prevalent issue. Jolt intends to bridge the gap between distance, and electric vehicle power stations by
curating a global network of individuals who will share electricity from
their home or business and be paid in our ERC20 Token JLT by the customer. Additionally, partners in the network will be given a frequent payment in the form of Jolt Gas [JLG] as an incentive for remaining active on the network. Users will be able to locate and pay for Jolt Station usage via Mobile App.

JLT is the ERC20 Token which will be used as a a payment between EV owners and the host of the Jolt station, each Jolt station will be able to dictate the amount of JLT they charge per use.
This method will keep the network competitive, and offer a benefit to the those in need of charging their vehicles.

Jolt Gas [JLG] is the fuel that will power the network and is an essential aspect of the Jolt Network.
Each host of a Jolt Station will receive a frequent payment in the form of JLG as an incentive to remain active on the Jolt Network.
This payment will be issued from the pre-mine and will serve as a loyalty program.
Jolt Gas is built on their blockchain and will be maintained and stabilized by their Masternodes.

JoltGas is a safe, anonymous, fast and highly profitable coin
with Masternodes and advanced reward system with Long-Term Development & Support. Welcome into the future, a cleaner future!

Main futures:
-ASIC Resistance
-NiceHash Resistance
-Nvidia & AMD GPU Mining
-Wallet Built-in Block Explorer
-Masternode Reward Protection
-Friendly Masternode Setup
-Long-Term Development & Support

Base Specs:
-Algorithm (PoW/PoS): C11
-Block Time (PoW/PoS): 2.5 minutes/2.5 minutes
-Maturity: 90 blocks
-Difficulty Retargeting: every block
-Total Supply: 40,000,000
-Masternode Rewards: 50% until block #390,000, then 80%
-PoS coins maturation: 24 hour

PoW Rewards:
-since block 1 : 1,000,000 (Premine)
-since block 2 : 25
-halves every 390,000 blocks

PoS Rewards:
-since block 1500 : 25
-halves every 390,000 blocks

.conf setup (Solo-mining):
rpcuser=user
rpcpassword=x
rpcallowip=127.0.0.1
rpcport=2334
listen=1
server=1

Masternode Collateral — 2000 JLG

You can find more info at: https://www.ijolt.us/

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