SUQA

SUQA project digital currency

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SUQA

Making The Blockchain Grow

 

SUQA is a new open source peer to peer digital currency that gives the investors 5% apr interest from term deposits in a month with time-locked coins even if the wallet is offline. It is based on an improved code of the secure and widely used Bitcoin Blockchain with a brand new advanced memory intensive X22i POW algorithm which is completely ASIC, FPGA, and Quantum Resistant.

SUQA is a name of an ancient coin from Nepal that has been used for thousands of years and it also means ‘to wait'(Time-Lock) in the Somali language.

SUQA 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 project had fair launch with no ICO, pre-mine, pre-sales and no Masternodes.

SUQA is the crypto evangelist coin created to help and enlarge the crypto community for mass adoption of the technology by giving meaningful rewards.

 

SUQA Foundation

SUQA Foundation is a Decentralized Autonomous Philanthropist Organization that rewards everyone inside its ecosystem generously, securely and transparently without fees, to foster the growth of the Blockchain. This Foundation takes 10% founders fee from every mined block.

There will be 3 micro-sites of SUQA Foundation where the SUQA currency can be utilized. Details of these micro-sites will be released soon.

 

Features of the project

  • Time-Lock Interest System
  • Time-Locked Interest encourages users to earn from their term deposits for up to 5 % apr when time-locked up to 4 weeks.
  • Expert Development Team with Active Contributors
  • SUQA created to be open and helpful for improving both the core and the miner code, feel free to contribute.
  • Excellent Community Support
  • SUQA is already accepted and rapidly growing by the excellent community support.
  • SUQA Network for Mass Adoption
  • SUQA is the crypto evangelist coin created to help and enlarge the crypto community for mass adoption of the technology by giving out rewards
  • Scalable and Ultra-Fast Transactions
  • 533 transactions per second make SUQA 75 times more scalable than Bitcoin.
  • Decentralized Forever
  • Expert developers and the open source code will make SUQA Decentralized from big hardware companies.

 

Coin specifications

Coin name: SUQA
Ticker: SUQA
Algorithm: X22i
Coin Type: POW
Max. supply: 1,078,740,313+10% dev fee
MAX total: 1,186,614,344 SUQA
Block Time: 120 seconds
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

 

Block rewards

1 to 22,000: 10,000  = 220,000,000
22,001 to  50,000: 5,000  = 139,995,000
50,001 to 100,000: 2.500 =124,997,500
100,001 to 200,000: 1.250 = 124,998,750
200,001 to  400.000: 625= 124,999,375
400,001 to 1,500,000: 312,5=343,749,688
TOTAL SUPPLY: 1,078,740,313  plus 10%
for founders fee will be mined in 5.78 years.

 

Project’s team

An international team of top blockchain developers, cryptographers, and business professionals, Crypto Enthusiast SUQA team works on this decentralization and closed-source software development.

CEO & Co-Founder – Tamer Dagli aka Cryplander

CTO & Co-Founder – Pallas

Lead Cryptographer – Evrim Ulu aka Eburimu

Lead Web Developer – Atakan Köycü aka Depozitosuz

Blockchain Software Engineer & Social Media – Swati Sharma

Qt Design & Development – M. Atıf Karaoğul

Marketing Head & Investor Relations – Aman Verma

 

SUQA Coins mining step-by-step intro