In the spirit of camaraderie for the Blockchain community, I wish to share today about a platform I came across recently, for your review.
Suqa.org
Suqa:
It is a Blockchain-base platform with the mission and vision of encouraging the growth of crypto-community.
It is developed on x22i Proof Of Work (POW) algorithm. It is worth knowing that this is the first platform running on the said algorithm. Matched with other platforms, Suqa algorithm is available and accessible to miners at all level without restrictions since Suqa platform itself is developed to be transparent by Blockchain experts.
In line with her vision, Suqa says:
No ICO
No Pre-sale
No Pre-mine
No Masternode of coins
No Transaction fees for all transaction within the platform.
These are the difference between Suqa and other platforms, it is a common practice on other platform that after token sales or ICO is over, and everything ends.
Suqa says yes to 5% annual percentage rate interest (APR) for investors via her foundation to help eternalize the value of Blockchain or crypto community.
I feel sustainability is what veterans of the Blockchain community should pay attention to. Suqa now takes on this responsibility to encourage the veterans and newcomers to come together and make something lasting for the community at large.
Why you should believe and support Suqa platform:
• Suqa is a crypto coin consciously created to grow the crypto community as earlier mentioned to encourage people to embrace Blockchain technology. It is all about rewarding the people courtesy of the founder’s fee. It is built to be ASIC, FPGA and quantum computing resistance to guarantee the decentralization mechanism and also become very much protected.
Benefits:
• You can earn some rewards by holding your Suqa coin to receive interest and also put you coin to use on Suqa platform to earn reward.
• Transaction speed of 533 per second on POW coin
• Any miner can work on Suqa platform because the x22i algorithm is simplified so much so that newcomers can use it. Interestingly, the user desktop wallet is all that is needed to mine at a click away.
Advantages of x22i algorithm as given by Suqa.
• Adding a quantum resistant part in the algorithm chain (SWIFFTX)
• Boosts memory requirements four times. Not a problem for CPU and GPU but much harder for FPGA and ASIC
• Much longer algorithm chain: 22 algorithms create the need for a lot of chip space to implement the whole chain, very cost ineffective for FPGAS and ASICS
• Hard fork about every 6 months to update ASIC and FPGA resistant algorithm for guaranteed decentralization
For more details refer to: https://suqa.org/file/2018/10/suqa-whitepaper.pdf
Consequently, Suqa is giving out rewards to:
• Cryptolancers
• Charity
• And crypto-currency startups.
How to become an investor
New users are required to sign up on the website, buy Suqa coin from trusted exchanges and receive reward based on this. Suqa is an avenue to cultivate sharing where everyone is a winner.
To accomplish the rewards, the why, the benefits and the how, Suqa has created a bounty program which will be paid 30-days time-locked coin.
Explanation: Time-locked interest for instance if a user deposits and lock his or her wallet balance for a period of four weeks, he or she is qualify to earn. No need for endless procedures of form filing, security cameras and lines before earning as is the case on many platforms today. The said interest allows for short, mid and long term investors to Time-lock their balances on locally owned privately safeguarded wallets.
In my opinion, this is just perfect judging by the fact that Cryptolancers are always in a hurry to sale off there coins once receives and from the coin market will fall.
Accordingly, for over 5 years, 30 million Suqa will be shared as rewards for bounty and another 1 million Suqa for social media campaign beginning from 25th October, 2018.
The categories of users:
