What is Innova Coin? New promising crypto currency with msternode support

in crypto •  7 years ago 

 What is Innova Coin?

INNOVA  is an innovative and adaptive new age cryptocurrency available to  everyone. It is going to take the lead in cryptocurrency progress and  diversity, because it is easy to use and it has the most secure and  developing program.
With this mission statement we want to show what a humble community can do, and that anything is possible.  

 Maximum Supply: 45,000,000 coins
Algorithm: NeoScrypt
Type: PoW
Coin name: Innova
Coin abbreviation: INN
Address prefix: i
Block Time Average: 2 minutes
Block Reward: 20, decreasing by 12% every year
Block Reward Distribution: 50% to Masternodes, 50% to Miners

InstantSend Confirmation: ~5 seconds
Superior Difficulty Retargeting Using Dark Gravity Wave
Superior Transaction Anonymity Using PrivateSend
Premine: 2.2%
 


 DarkSend and Mixer:

DarkSend  is a function that makes anonymous a part of your coins. The parts,  once anonymized will then be available only on DarkSend networks and can  be exchanged anonymously between wallets. The anonymization of the  currency involves a variable cost depending on the volume to be  processed and take a long time.

Spork System:

The  spork system is "soft fork" and "hard fork" compression, which means  that INNOVA developers can work across the Masternode servers network  and change some variables without the necessity for the client to be  restarted or to install a new version. The available variables are  visible by typing "spork show" in the console.

These variables do  not affect the currency generation value or the Masternodes control,  but only programing variables to maintain the security of the network,  such as the maximum instant send value ...

Subsequently INNOVA  coin developers will add additional variables in order to make  operations even safer and above all to increase the fluidity of the  network.

Instant X:  

You  can send funds between Innovacoin wallets faster thanks to the support  of masternodes. The validation of the transaction will therefore be  faster. The transaction cost will be higher than a typical transaction  to reward the Masternodes that validated the transaction.
 


 Masternode Network

Masternodes  are full nodes, just like in the Bitcoin network, except that they  provide a level of service to the network and require collateral to  participate. Collateral is never forfeit and is safe while the  Masternode is operating. This allows investors to provide a service to  the network, earn interest on their investment and reduce the volatility  of the currency. To run a Masternode, you're required to have 1000 INN  and a static IP address.

Due to the nature of the Masternode  rewards, the amount that you are going to receive is dependent on the  total count of active Masternodes.
 

Website

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I've been looking for new coins to mine. Just started mining Innova Coin at this pool https://pool.unimining.net/

Masternode is easy enough to set up too

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