SUQA (SUQA): A new breath for GPU operators?

tantran123 (30)in #suqa • 6 years ago

The bear market, which has been in effect since January 2018, has kept people upset for a long time. All types of electronic money combined PoS, PoW and Masternodes are all in a downward trend. A new gem emerges from the profitable demand of the GPU and CPU exploitation. A unique and distinctive currency named SUQA was launched on September 26, 2018 and entered the world of electronic money introducing new technologies and a new story about trapped market and desperate now. Now sitting at 140 satoshi, Let's see what SUQA brings to the table.

Newly exploit algorithm: X22i

SUQA is the first electronic money to demonstrate the new X22i algorithm. Specifications of the algorithm can be found here. How does X22i contribute to mining? In a mining environment that has become highly centralized by the introduction of many ASICs that exploit very large algorithms, the X22i adds a quantum resistance in its algorithmic sequence (SWIFFTX), increasing Requires 4x memory to eliminate GPU and ASIC. In addition, to comply with its vision of true decentralization, SUQA will hard fork every 6 months to update the mining algorithm.

Time locked interest rate:

One of the interesting and striking features of the SUQA is the time locked. Time Lock Interest offers users the ability to earn from their term deposits with up to 5% APR (Annual Percentage Scope) when locked up to 4 weeks. (Interest computer here.) All processes occur on blockchain for maximum transparency and fairness. Unlike other currencies, investors can earn via SUQA only by HODL.

Planning ahead:

In order to make SUQA possible in both short and long term, the sentiment surrounding the blockchain must bring value to the ecosystem. To bring value, SUQA is introducing SUQA Foundation, the main ecosystem within SUQA.

SUQA Fund:

The SUQA Foundation is a Decentralized Autonomous Philanthropic Organization (DAO). Rewards everyone in their ecosystem in a safe and transparent way. The SUQA Foundation will lay the foundations of a Cryptolancer platform that uses reward programs to benefit both employers and employees. SUQA can also be used as an investment vehicle to fund Blockchain startups by pooling resources in the Startup Donation Group. At the end of the day, we are all human and sometimes we may need. In addition to Cryptolancer & Blockchain Startups, SUQA can also be used to raise money for charities using the SUQA awards program.