SUQA: A network that can restore trust on the Blockchain

in blockchain •  6 years ago 

Blockchain has spent ten years developing, there are many digital currencies was born. But their practical applications are limited, and there are still many challenges to be solved in the future. New threats come from quantum computer attacks, ASICs and FPGAs that are threatening the development of digital money and Blockchain. New digital coins need to be developed to deal with these risks, and SUQA is one of them.

SUQA is the first open source peer-to-peer digital currency to run on the X22i POW algorithm. It can be exploited equally by the CPU or GPU, and it has the ability to resistant ASIC, FPGA and quantum computers. What makes SUQUA different is that it has the benefit of miners and investors.

Presenting Solutions by SUQA

SUQA is the first blockchain to be run on the X22i POW Algorithm. The X22i POW Algorithm is superior over the recent predecessor because of its resistant to ASIC, FPGA and Quantum Computing to assure decentralized consensus mechanism. Moreover, this algorithm makes mining inexpensive and ubiquitous. Other than the strong algorithm SUQA also gives investors a 5% Annual Percentage Rate (APR) interest even when they store their coin in an offline wallet.

SUQA mission is to encourage not only a long time blockchain expert but also the new-comer and mainstream investor to join SUQA. This is why SUQA is very profitable for Investors, Miners, and whoever would like to join, because it has no ICO, Pre-mine, Masternode or even Pre-Sale. So, everyone started from the same point, with the same way.

What makes SUQA standout?

SUQA's features focused on how to make miner and investor gain more profits.

  • SPEED
    SUQA has 75 times more scalability than Bitcoin, and it faster many coins that commonly used by the community right now. Fastest POW at 533 transaction per second.
  • REWARDING
    First 3 months of monthly term deposit of the Annual Percentage Rate is 25% APR to encourage early adopter and investors. Other than that SUQA has special features that enable friends, colleagues, and business partners send SUQA coins to each other with time-locked address.
  • ALMOST NO TRANSACTION FEE
    The advanced technology of SUQA doesn't make the utility became expensive, SUQA executes instant payment with incredibly low fees. Those transactions performed using Blockchain Technology and directly between two digital wallets.
  • Protection
    SUQA has implemented full replay protection and unique wallet address. Beyond that, what makes SUQA really immune to any hacking activity is because it has protection from ASIC, FPGA and Quantum Attack, this is why you can be sure that SUQA is very secure and a future-proof digital currency.
  • Transparency
    SUQA is a free open-source project that is built by expert blockchain developers and supported by a rapidly growing community of blockchain enthusiasts which spread all over the world

Action is your only contribution

Nobody trusts ICOs today. Even if you have a great project, it is unlikely for you to collect enough money for it. That is why more and more platforms prefer bounty program to ICO and it is great for entire cryptocurrency community. 

People, who are interested in stable and efficient development of blockchain sphere and cryptocurriences, share the interests with SUQA team. These people believe that in nearest future blockchain will be implemented in most important parts of our lives and making profit on it is not the main priority. 

You have two ways of getting SUQA tokens. First one is purchasing on available exchanges. Other one is making several actions, such as mining or selling your own services on internal portals.

Fighting the centralization

When you use decentralized services, you want them to be truly decentralized. In the same time, today we can see a lot of huge mining farms, which are, basically, centralized facilities. It is not what we need. 

SUQA offers completely new mining protocol, which makes mining transparent and really decentralized. Usage of thing protocol would help to increase the quality of mining, which seems to be a real problem right now.

Direct charity

A lot of experts expected BTC to become the best payment method for charity, because of its anonymity and transparency. However, now it is very unstable and there is no ecosystem to use BTC for charity. Fortunately, in the nearest future you will be able to directly transfer SUQA to every person in need. Let the first blockchain charitable social platforms start!

How to mine SUQA coin

Here is a quick intro for how to mine SUQA Coin. I will publish soon a better tutorial comparing the miners' performances and benchmark different GPU like GTX 1050 Ti, GTX 1060, GTX 1070 (Ti), GTX 1080 (Ti), RTX 2080 (Ti), RX 570, RX 580 4GB/8GB. First of all, create a wallet, you can choose one from the official webpage https://suqa.org/#suqa-walletsSUQA created its own brand new X22i POW algorithm for its blockchain to be available to the average ordinary CPU and GPU miner, with the goal of spreading the hash. X22i is developed to be ASIC, FPGA, and QUANTUM resistant to prevent the break of the decentralized consensus mechanism. 

SUQA Coin specifications

  • Coin name: SUQA
  • Ticker: SUQA
  • Algorithm: X22i
  • Coin Type: POW
  • Max. supply: 1,078,740,313+10%dev fee
  • Block Time: 2 minutes
  • Max Block Size: 16mb
  • Max tx/s: 533 tx/s
  • Difficulty Retarget Algo: DarkGravityV3
  • RPC port: 20971
  • P2P port: 20970
  • Ico: No
  • Pre-Mine: No
  • Masternode: No
  • Pre-Sale: No
  • Dev-Fee: 10%
  • Genesis: 26 September 2018

 

In conclusion

Despite the undertaking being in its preliminary state, SUQA is developing extraordinarily fast. The coin effortless to mine and its ASIC-resistant algorithm makes it a very solid choose for GPU mining. As with most new tasks reviewed here, mining and maintaining seems to be the fine approach for now. The coin is listed only in a couple small exchangers and devs are still working on partnering with bigger ones. Overall, I’d say that humans who experience hodling their freshly mined coins may find SUQA the most interesting. 

FunMaker - SX7dmVobRRG34JApVtunih8LbDP6SuSPRk (wallet suqa)


Links to the project:

🔸 Website - https://suqa.org/
🔸 Twitter - https://twitter.com/SUQAfoundation
🔸 Facebook - https://facebook.com/SUQAFoundation
🔸 ANN - https://bitcointalk.org/index.php?topic=5038269.0
🔸 Bounty - https://bitcointalk.org/index.php?topic=5074116.0
🔸 Telegram - https://t.me/Suqafoundation
🔸 WhitePaper - https://suqa.org/file/2018/10/suqa-whitepaper.pdf

🔸 AUTHOR🔸 



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