Vulcano (Ticker: VULC) is a community-oriented coin originally created at the end of 2017 by a development team that is now absent, and has since been replaced by a new team. Initially, it was conceived as only a “high staking coin” with an annual return of 950%. However, due to several errors on the part of the initial development team, the actual rate was closer to 320,000%.
VULCANO passed unnoticed until a member of the community calculated this effective rate by examining the blockchain from the Genesis Block. Once this fundamental weakness was exposed, the new Vulcano team, comprised of members of the community, came together to both salvage.
Vulcano project on both a technical and philosophical level through a complete rebuild and the development of a real use case. This whitepaper lays out a strategy for a total upgrade of Vulcano and a relaunch of the newly upgraded coin as a means to fund geothermal exploration and research.
Vulcano ($VULC) is a Proof-of-Stake and Masternode-based cryptocurrency with a focus on geothermal research and development. Named after the Vulcano island in the Tyrrhenian Sea, a geothermally active area, Vulcano strives to use blockchain and distributed consensus to help contribute to raising funds for the advancement of earth-science based technologies such as geothermal power. With a heavy focus on community, Vulcano strives to become a strong community-based effort to advance scientific research. Read whitepaper for more details! Join us as we erupt into the cryptosphere to create an outpouring of positive change as a shining example of the true potential of blockchain technologies.
Help secure the Vulcano network by operating a Masternode. Masternode operators provide services to the network and will be awarded compensation in return. The collateral required to set up a masternode is 50,000 VULC.
The old Vulcano blockchain was tired and worn out. With this new upgrade, they have reduced the supply significantly and switched to a much more robust code base that can serve as a means to advance the development of both blockchain and geothermal sciences.
Sustainable Blockchain Security
The primary methods of securing the Vulcano blockchain, Proof-of-Stake and Masternodes, do not require expensive equipment or high electricity bills. After buying Vulcano on one of the available exchanged, it can be transferred to the wallet to stake or to be deployed to masternodes. While the latter is slightly more technically demanding than the former, it is very easy to make Vulcano work for them. Get your Vulcano today and experience the eruption!
A Blockchain with a Global Focus
With the whitepaper translated into 8 languages and counting, Vulcano is dedicated to providing growth and development globally through advancing blockchain governance and scaled social and economic impact through investment in research at universities around the world. As a supporter of Vulcano, you can contribute to voting for which projects get funded to help steer the development of renewable energy around the world. With Vulcano, you aren’t just contributing to a coin community, you are contributing to a better future for humanity.
Vulcano was conceived as a community coin and that isn’t something that is going to change. They know that community is the heart of any blockchain project, and they are happy to support community through regular airdrops, competitions, contests, and other ways you can get your hands on free VULC. Join our Discord and follow other social media channels for updates!
Vulcano strives for innovation and growth without making promises that cannot be delivered upon – instead we will dedicate our efforts to research and advancing technological development. All blockchain technology mentioned in this paper has already been demonstrated and will be activated in due course. We believe that it is time for the cryptocurrency communities to begin acting in a way that is consistent with the business potential they bring to the table, and that wild claims about blockchain technology are not needed to build a business case for the use of existing technology. Developers, team leads, and the communities themselves must understand that in order to be accepted by the broader business and academic communities
Tips for securely storing your Vulcano
- Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
- Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
- Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
- Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
- Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
- Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.
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