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What is StrongBlock (STRONG) and how does it work?

Coin Telegraph LogoCoin Telegraph1 mo ago

What is StrongBlock (STRONG) and how does it work?

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Strongblock creates platforms and protocols with the intention of revolutionizing how blockchain networks compensate the nodes that protect and sustain them.

However, the number of nodes, token price, node revenue and nonfungible token (NFT) ownership are all factors that influence rewards; they are variable and not guaranteed.

The rewards are measured based on ongoing contributions per node, burning STRONG for NFTs, renewal fees, lowering NUBI and creating different NUBI classes.


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Article Details

Author / Journalist: Cointelegraph By Jagjit Singh

Category: Crypto

Topics: Cryptocurrencies How to Crypto Tokens Masternodes Technology Nodes Fintech

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-25, 08:23:32

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 7 minutes read

Article Length: 1259 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 12228

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 10h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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