What is Cornerchain?

Want to implement a rewards system in your business? Instead of leaving funds aside in a low interest bearing account for employee bonuses or loyalty rewards: setup a Cornerchain masternode to start generating CNR tokens. These tokens can be traded for Bitcoin on an exchange or could be accepted back by the partner business as a discount.

This is real world value, accepted the world over and not just a points system. By positioning the customer as the most important person in this system and yet still supporting the end goal of the business, we offer a simple and flexible solution: saving costs and increasing productivity.

Cornerchain is a new generation cryptocurrency and offers some new features over traditional cryptocurrencies like Bitcoin.

Desktop Wallets Software

Windows, Linux and macOS Wallets available.

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Send, receive and manage transaction delivered to and from your business.

  • Network syncronization
  • Send CNR
  • Receive CNR
  • Testnet
  • Masternode Staking
  • Free QT Wallet Software
  • COMING SOON

Guides & Scripts Guides

Instructions on how to setup Cornerchain in masternode configuration with wallet integration.

Cold Wallet
Masternode Guide

COMING SOON

Linux VPS
Setup Script

COMING SOON

Where to get and follow CNR? LISTINGS

TOKEN METRICS TOKEN

Carefully considered and optimized through rigorous market research, we believe to have found the optimum token metrics for our project

Algorithms

PoS

Blocktime

120 secs

Total supply

10,000,000 CNR

Starting supply

1 000 000 CNR

Halving factor

0.9 every 64800 blocks

Rewards breakdown

80% Masternode
15% Proof-of-stake
5% Governance fund

Masternode collateral

100 000 CNR

Stake maturation

12 hours


Distribution of tokens

chart

Use of proceeds

chart

Cornerchain PARTNERS Partners

Frequently asked questions FAQs

Before contacting support, please try to find your answer in the FAQ below. If you cannot find your answer, clearly state your question and email us at contact@corner.codes.

Cornerchain is a 2nd generation cryptocurrency and offers some new features over traditional cryptocurrencies like bitcoin. The Cornerchain platform is a decentralized loyalty rewards program run on the blockchain powered by the Cornerchain token, with masternodes, proof of stake, bespoke and customizable wallets and a community based treasury governance system.


Windows 64 Bit

Windows 32 Bit

Linux 64 Bit

macOS

Other
RPI (ARM): Future Development
Mobile Cornerchain Wallet: Future Development
iOS: Future Development
Paper Wallet: Future Development

There are several options:

Disclaimer: Moving the funds tied to a system or master nodes cancels said system or masternode. Unlocking funds from the inputs menu

Windows wallets can enable coin control features through Settings > Options > Open the “wallet” Tab> Check the coin control features tab. In the sending screen, you can see the "Inputs…" option now. Click on that and unlock the funds by right clicking the funds with a lock > Unlock Unspent

Unlocking funds by deleting their respective line in masternode.conf Go to your wallet.dat folder and open the masternode.conf file. Every line configures one masternode. Every line locks a transaction that qualifies for a system- / masternode output (100 000 CNR). You can delete the desired output to unlock the respective balance.

The Cornerchain network is secured by nodes. These nodes require collateral to setup, this will be 100 000 CNR for a masternode.

Masternodes get block rewards, Governance is also controlled via the Masternodes. Please refer to the Whitepaper for more details.

Masternodes require 100 000 CNR collateral and receive 80% of the block reward.

As of May 2022:
- Ubuntu 16.04 VPS with dedicated IP
- 1GB RAM (or 512MB + 512MB vSwap)
- 10GB HDD
- Required specifications may increase over time.

Unfortunately not. It is strictly one MN per VPS/IP-address.

You will need a fixed external IP to run it locally. However it is not recommended to do so since any downtime will put your node in the back of the queue.

Only the VPS is running 24/7, the local wallet does not have to be running. Once it’s up and running you don’t have to do anything and you save a lot of energy/hardware usage at home by having the rented VPS. You can manage your rewards from the local wallet, you can log in to the VPS for updates or in case you have errors.

It takes roughly 2 minutes when you open your wallet, to tell the status of your masternode. Please wait before trying to restart it as it may already be running.

The Cornerchain proposals system provides a means for Cornerchain to fund its own development. While other projects have to depend on donations or premined endowments, Cornerchain uses the block reward to fund its own development. Every time a block is mined, 5% of each block reward is allocated to a central fund to independently support the Cornerchain development. This means to approximately 50,000 CNR is available for funding at the end of each superblock. Cornerchain community members can submit their own proposal and ask to receive funding for a project that they think will benefit Cornerchain as a whole. A collateral transaction of 50 CNR is required for this - these tokens will be burned.

The proposal system entitles Masternode operators to vote for or against submitted proposals.

If you are a Masternode operator you can submit proposals using the debug console of your wallet. There is a specific format for these submissions. Please also post your proposal on governance.corner.codes and include a link to your post in your submission.

If you are a Masternode operator you can vote on submitted proposals using the debug console of your wallet. Watch this tutorial for more information.

The last possible date to submit a proposal is 3 days before the superblock. Take into account that masternode owners need time to vote. Submitting a proposal this late is not recommended.

The last possible date to submit a vote is 2 days before the superblock.

Email Us Contact

Any question? Reach out to us and we’ll get back to you shortly.

  • contact@corner.codes
NOTICE: Currently no notices. CNR Team. 2012-08-29