SUQA = Easy Mining, Decentralized, Fast & Safe Algorithm

yenilmez86 (52)in #suqa • 6 years ago

Suqa is a new peer to peer crypto-currency with many advantages over the crypto-money market leader Bitcoin. This article discusses the current blockchain problem and how the full-featured protocol Suqa provides a smart solution to problems. Suqa is created to popularize the crypto-currencies in the market. This project will help people adopt mass technologies that can change the world.

Suqa community support blockhain technology by mining and crypto-money trading. This financing model ensures the availability of crypto-coins to be used for all awards, and project costs. As shown in the diagram, Suqacoin derived from the Suqa blockchain structure can be used to generate profit in two ways. The first way is to hold only Suqacoin, and the other to use Suqacoin actively.

The purpose of Suqa isn't only to promote the existing blockchain community, but also to encourage new investors. Suqa uses a very rewarding reward system for everyone. Suqacoin rewards its holders and traders by providing zero transaction fee in their ecosystems. Awards are fees from founders and donations. Suqa provides a continuous growth of the crypto-money community, providing confidence and centrality.

One of the most important features is Suqacoin locking application. Suqa is using its blockchain technology to make the process fair and transparent. The Time-Locked Interest feature gives users an opportunity to earn up to 5% interest in blocking their Suqacoins for up to 4 weeks. This feature is much more profitable and safe than keeping money in the bank.

The developers of Suqa used the new mining algorithm not managed by ASIC. Suqa works with a new algorithm called X22i. That means, we can mining using a standard graphic card and a simple processor. The Suqa team says the project will continue to be resistant to FPGA and ASIC attacks.

Suqa greatly simplifies the mining process. To quickly start cpu mining, you must access the cold wallet with a single click on the site or download the cool wallet on the github. Mining with gpu will only be open to open-source miners. The X22i algorithm provides block transition resistance to ASC and FPGA attacks and applies some additional features to prove out-of-date algorithms such as X11. Suqa increases memory requirements with four factors that are irrelevant to graphic cards and traditional processors.

Another advantage of the classic PoW algorithm is that it is a longer-chain algorithm. The x22i algorithm creates a large amount of chip space to implement all expensive circuits for FPGA and ASIC.

Finally, a larger development plan around the X22i is to increase the size of the chain further (X23i, X24i). This approach causes chip developers to force them to review projects frequently; This means less time to use chips for mining and increasing costs.