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DIVERSE [$DVRS]
Review

DIVERSE [$DVRS]

Overview
SPECS

Name: DIVERSE
Ticker: DVRS
Algorithm: Scrypt
Type: POW / POS
Maximum money: 5 billion (5,000,000,000)
Premine: [0.5%] 25 million (25,000,000)
p2p port=37772
rpc port=37773
Block Time: 2 min till 10,000 blocks, 3 min afterwards.
Minimum stake age: 6 hours
Coinbase maturity: 10 confirmations
Max block size: 2000000
-Please note that POS is disabled on premine wallet, by setting staking=0 in conf file

GIT

https://github.com/diverseproject/diverse/

WEBSITE

http://diverseproject.co/

EXPLORER

http://explorer.diverseproject.co/

ANNOUNCEMENT

https://bitcointalk.org/index.php?topic=2683985.0

WALLETS

Windows: https://mega.nz/#!eh8l2JQT!b8iiLvClenygMtf6REYk2yz4E1ItZotLSgTp1XCGCb0
Mac OS: https://mega.nz/#!c75CGbyI!5q4pFFjQnHG7PCrfUyAzJfblfy5jiF1jcPi6yl9fzT4

DISCORD

http://discord.diverseproject.co/

TWITTER

https://twitter.com/diverseprojectx/

Rating
Our Rating
User Rating
Rate Here
Staking
10
7.8
Community
8.3
7.9
Longterm
7.1
7.6
Exchange Listings
9.7
7.8
Bottom Line

Diverse is in a very early stage currently and also has one of the highest Return of Interest around - the Staking changes between 3000% and 7000% daily.

8.8
Our Rating
7.8
User Rating
45 ratings
You have rated this

Review

Diverse is an innovative money disbursement system that aims to generate demand growth through it’s unique and dynamic blocks rewards.

It’s a cryptocurrency with hybrid pos/pow mechanism. The POS structure is truly unique and dynamic, as there’ll be 100 blocks of 7000% per annum ROI (named as Premium blocks), after every 1000 blocks, with base ROI of 3000%. This will generate continuous attraction for new investors, which will produce growth in the demand.

The base APR of block rewards will be reduced to 700% after the block #150,000 which will help in combating any possible inflation.

The difference and uniqueness in it’s block rewards ROI system is that, the premium blocks activate after every 1000 blocks, just for 100 blocks. The main benefit is that if you don’t have many coins and happen to get the premium block, you get a nice boost. Of course the coinholders who own most coins still have the higher chance to get it, but small coinholders also have the chance of hitting it.

Apart from that, the issue which other superblock coins are facing, that people lock their wallets and stake only within the superblocks, is also eliminated from this coin. As there’s no 100% guarantee that someone would surely get reward within premium blocks, if they would stake only in the 100 premium blocks of Diverse. And, there’s no point of staking for 100 blocks only, as anyone doing it will be at loss, because it’s for very less time and will be losing the potential stake rewards in normal blocks.

Diverse project is a team of around 10 people. The Team is a mixture of core developers, community managers and marketing gurus. New plans will be introduced in the future for network growth. All the plans will be mentioned in the whitepaper which is pending. Right now, it’s a fairly new project and any such plans don’t need to be introduced & implemented at the moment.

The POS block reward system & ROI of Diverse (DVRS):

There are 2 different numerals representing per annum ROI of POS rewards, 3000% and 7000%. The base APR will be 3000% and the 7000% APR will activate after every 1000 blocks for just 100 blocks, named as Premium blocks. This will continue till 150,000 blocks. The rewards will change after 150K blocks, which will be explained later. The structure of POS rewards till 150K blocks is as follows:

1000 to 2000 Blocks (3000% per annum ROI)

2000 to 2100 Blocks (7000% per annum ROI)

 

…so on and so forth, till 150,000 Blocks. After 150K blocks, the base APR of 3000% will be reduced to 700% and the APR of premium blocks will remain the same, that is 7000%. This will continue till 300,000 blocks. The rewards will change after 300K block again, which will be explained later. To clarify, the structure of POS rewards after 150K blocks till 300K block will be as follows:

150,000 to 150,100 Blocks (7000% per annum ROI)

150,100 to 151,000 Blocks (700% per annum ROI)

 

…so on and so forth, till 300,000 Blocks. After it the APR will remain constant at 700%, and there will be no premium blocks.

300,000 to Upward Blocks (700% per annum ROI)

Roadmap

Diverse Blockchain start

  • Launch Website (Done)
  • Launch Block Explorer (Done)

Get listed on Exchanges

  • Stocks.Exchange (Done)
  • CoinExchange.io (Done)
  • Cryptopia (Planned)

Wallets

  • Windows wallet (done)
  • Mac Os wallet (done)
  • Linux wallet (pending)
  • Android wallet (pending)
  • Web wallet (planned)
  • iOS wallet (planned)

Get listed on CMC

  • Planned as soon as trade volume reaches 50,000 USD

Whitepaper

  • Launch whitepaper (pending)

Coinmarketcap

Not Listed currently.

Exchanges

 

Wallet Design

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