SUQA Cryptocurrency Review

SUQA (SUQA exchange ticker) is a decentralized open supply cryptocurrency payment asset covered from ASIC.

The capitalization of SUQA cryptocurrency in mid-November 2018 reached 2.48 million dollars, the level of one SUQA coin was once 0.008 dollars (0.00000145 bitcoin).

The name cryptocurrency, which when reported in Russian ("Bitch") sounds very unusual, comes from an historic Nepali phrase for coins that existed in the past.

Coins are ranked 661 places in Coinmarketcap. The project team does no longer belong to me. Emissions are confined to 1.186614344 billion cash (all emissions need to manifest in 5.78 years), of which greater than 313.52 million (26.4%) have circulated. Of this amount, 10% is allotted to developers, and the relaxation - as items for miners and steakers.

The biggest capitalization of the $ 2.76 million SUQA cryptocurrency is November 14, 2018, when the charge of one coin reaches 0.0091 dollars.

Graph of SUQA cryptocurrency fees from the time they show up till mid-November 2018: 

Despite the fact that SUQA cryptocurrency assets regarded a few months ago, coins can already be sold or offered on four cryptocurrency exchanges. The every day buying and selling extent of these belongings is $ 50-70 million per day, most of which is traded for bitcoin on the following trading floors:

1. TradeOgre;
2. CryptoBridge;
3. Escodex;
4. STEX.

In December, it used to be deliberate to launch a new exchange, which include the entry of SUQA cryptocurrency in the listing of Cryptopia exchanges. 

The emergence of cryptocurrency

This assignment used to be set up in September 2018 via the Turkish organization SUQA Foundation. ICO and pre-mining projects are now not carried out. The first block used to be made on September 26, 2018. 

The development of SUQA projects is concerned in:

• Tamir Dagli (pseudonym Cryplander) - co-founder, CEO;
• Pallas - co-founder and chief technical officer;
• Atakan Kyuchyu - major developer;
• Elif Beste Toren - is responsible for working with investors;
• Atif Karogul - developer and design;
• Hussein Biyuk - Technical Advisor;
• Ali Pura - Technical Advisor. 

SUQA technical features

The SUQA blockchain has the following technical features:

• when building SUQA block chains, we use hashing according to the PoW consensus algorithm with a hash function that demands X22i memory performance;
• network complexity depends on the whole hashrate recalculated using the DarkGravityV3 algorithm;
• The X22i cryptographic algorithm used when connecting SUQA blocks to every other is a aggregate of 22 mining algorithms, which makes it hard for ASIC to mine this cryptocurrency. This increases safety towards giant mining pool dominance and immoderate network centralization; 

• time between blocks - 120 seconds;
• maximum transaction speed - up to 533 per second;
• the maximum block measurement is 16 megabytes;
• blocks are regarded demonstrated (maturity) after discovering the next 20 blocks;
• block remuneration (10% is maintained for the sake of the developer):
• from the first to 22,000 - 10 thousand coins, which will amount to 220 million coins;
• 22,001 - 50,000 - 5,000 cash each, which will add 139,995 million coins;
• 50,001 - 100,000 - 2,500 cash = 124,997,500;
• 100,001 to 200,000 - 1250 = 124,998,750;
• 200,001 - 400,000 - 625 = 124,999,375 each;
• 400,001 - 1,500,000 - 312,5 = 343,749,688. 

An overview of the advantages and negative aspects of SUQA

SUQA has the following advantages: 

• high speed and low transaction costs;
• real decentralization thru the use of many miners;
• fast synchronization of pockets with network;
• active development team and fast venture development;
• limited emissions;
• support via cryptocurrency exchanges at the opening of development;
• good marketing, energetic work in mass media and social networks. 

Project losses include the following:

• the presence of a large variety of competitive cryptocurrency;
• short duration of existence of the project. 

How do you get SUQA coins?

In addition to obtaining coins in the kriptovalyutnyh exchange, they can get on with the help of POW mining algorithms or bags to store coins except permanent inclusion into the community wallet - PCs by way of bloodless ears, Cold lurking. The developer calls this mechanism a Proof of Something profit.

Mining is performed on video cards the usage of ccminer-x22i or T-Rex miners (for Nvidia video cards) or different miners for the X22i algorithm.

For AMD video cards, you can use AMD SUQA miners, on hand for down load from Github.

Earnings from mining SUQA coins can be viewed on the whattomine calculator. One hashreite megahesh in mining SUQA cryptocurrency currently consists of round $ 2 per month (excluding electricity costs). 

Mine coins can be in the following pools:

• icemining.ca;
• marspool.org;
• yiimp.eu/;
• uberkripto.club;
• eqpool.com;
• pool.ahash.ru;
• pool.coin-miners.info and others.

To get cash using cold buildup, it is imperative that the dollars be kept at a unique address to credit score in the pockets for a minimum of 30 days. At the give up of this period, the coin holder must receive a 5% profit from the quantity he maintains in his wallet. The benefits of storing cash can be calculated on a calculator on the foremost cryptocurrency website in the Time-Lock Calculator section. 

In addition, there is currently a bounty campaign, where you can get a quantity of cash to promote the mission and enlarge the range of customers of this cryptocurrency. 

SUQA Coin Storage

SUQA storage is made on the following types of wallets:

• Wallet software SUQA Wallet for desktop computers for Windows, MacOS, Linux;
• Mobile wallet for Android and iOS are still under development;
• Paper wallets that can be downloaded from Github and make wallet addresses offline.

Conclusion

The end of 2018 has come to be very difficult for miners, both with farms on video cards, and for those who have ASIC-and no longer the latest release. The emergence of SUQA cryptocurrency has end up a new breath for these who can enlarge the profitability of the mining rig, which currently works chiefly to pay for electricity. 

Website: https://suqa.org
Bitcointalk thread - https://bitcointalk.org/index.php?topic=5038269.0
Telegram: https://t.me/joinchat/KHrlAUd3hwzgV6dS8qMu4A
Telegram Rus: https://t.me/joinchat/DF_8X0diqWzAJA2qrHsPSQ
Discord: https://discord.gg/qrtU7Y9
Twitter: https://twitter.com/SUQAfoundation
Facebook: https://www.facebook.com/SUQAFoundation

My profile -
Dimosscolorist  - https://bitcointalk.org/index.php?action=profile;u=1020495