Generation of new blocks on the Strayacoin blockchain is powered by people around the world who mine the blocks, securing the distributed ledger. They solve a complicated maths problem based on the Scrypt Algorithm to link the new transactions added to the blockchain to the prior block. It all has to tie together so that the chain represents an unbroken record of transactions that have taken place.
There is a reward for doing so, currently 50 NAH.
There is a halvening coming, and will continue to happen approximately every 14 months until there are no coins left, at which time transaction fees become the only reward.
The first halvening is occuring around the 6th May.
Great news…higher commission built in, and designed to be ‘Commission Free’ for business owners
We have today released updated StrayaPOS, BitcoinPOS and LitecoinPOS apps to the Google Play Store. These apps now have the Distributor commission built into the exchange rate used for customer payments, with the Distributor commission increased to 4.5%.
As can be seen below, a business that takes payments of more than $8.60 per day would be a candidate for a Distributor to invest in placing a terminal.
Now that the strayacoin.org website has been migrated to a new home, we have a broader range of build tools. We hope you enjoy the new website layout and improved content. The StrayaPOS page has been updated with all the details of this announcement, as has the Distributor Kit in our shop.
Happy Straya-day everyone. Its been 12 months since the launch of the Strayacoin blockchain, and now its time to take our flagship product to shopfronts across the world.
After the completion of Beta trials, we are pleased to announce the official release of our StrayaPOS Terminals, THE solution for bringing crypto-currency payments to retail businesses in an easy to use device.
On the shop is also a distributor kit..everyone can get involved. Start by dropping some brochures at shops you think would benefit from accepting crypto…snag some, then reel in the commissions..easy as. Terminal supports Strayacoin, Bitcoin and Litecoin using our linked software applications.
Buy the Terminals, configure according to our simple Setup Guide, then place in a shop and sit back while the StrayaPOS terminal does the work (it’s the Aussie way) ! Either On-sell the terminals, charge a monthly fee, or whack them in free of charge (totally up to you what distributor model you choose).
Support the expansion of crypto-currency payments globally..our POS Terminals support the following languages
So..lets explain this example modelling prepared for distributors…check out the green highlighted…if a business is capable of consistently doing $66.67 per day in crypto payments through the terminal, then the income per month would be $12. If you put the terminal into the business free of charge, then you would recover the terminal cost and 40% profit over a 2 year period ! of course there are risks..lost/stolen terminal..your labour cost to set it up and provide support to the business owner..we have setup the model to show you how the options play out.
Be quick for the Distributor Kits..or print your own. We are printing 1000 brochures (40 packs) in the first run, and will cover the postage on these within Australia…just to get things rolling.
You’ve all heard of the moose test for cars…where the car accelerates and then swerves to avoid a moose…some dont cut it..well here is the Fast Money Test for our Strayacoin POS Terminal, showing 4 transactions in multiple cryptos..available soon from a distributor near you !
Welcome to The Roll Shop in Brisbane, serving great Vietnamese food. They have joined our Strayacoin POS Terminal beta trials, accepting Strayacoin, Bitcoin and Litecoin. Find them on our map in the android app, or at https://explorer.strayacoin.org/businesses Hope our community could support the businesses participating.
First live transaction on the Strayacoin POS Terminal, which accepts Strayacoin, Bitcoin and Litecoin cryptocurrencies. @ D’Ago: Woodfired Pizza & Kebab
Strayacoin POS Beta trials are on, and what better way to celebrate cryptocurrency than buying a pizza in the tradition of bitcoin on May 22, 2010. Video at D’ago Pizza and Kebab in Brisbane, 17th October 2018.
Straya POS Terminal Beta tests begin ! Orange POS Terminals have arrived from our overseas supplier and started to be deployed in businesses. We have updated https://www.strayacoin.org/strayapos/ with new artwork and videos showing the terminals in action.
Also, there is now a map for businesses accepting Strayacoin available on the web at https://explorer.strayacoin.org/businesses ..so a great time to get out there and spend some NAH supporting the early adopters of this disruptive technology. Use the in-built map in the Android Strayacoin Wallet to guide you to the selected business.
Strayacoin has updated our Core Wallet software in response to this, and posted the updated source code and release software on github (a click through from our website takes you to the releases for download).