- IDA PAY -
IDA payment system
Specifications:
Max coins: 21 000 000
Coinbase maturity: 15 blocks
Target block time: 2.5 minutes
Difficulty retarget: 10 blocks
Premine: 2%
PoW algorithm: X11
Masternode collateral: 1500 IDA
Collateral confirmations: 30 blocks
Block rewards: 18 IDA
Reward diminishes by 30% every 100,000 blocks.
Masternodes and miners:
Masternodes are a very important part of the network, they provide core services for a privacy coin as are anonymization and decentralized governance. Furthermore, they bring a very much needed voting system to the ecosystem. Simultaneously, mining is imperative to be able to achieve network stability and bring initial interest to our project. As you can see above, although we will not completely phase out PoW; at a certain point in time, Masternodes will become the backbone of our blockchain.
BOUNTIES
Website designer: 2 MNs (Filled)
ANN translations (10 languages): 200 IDA
Portuguese: https://bitcointalk.org/index.php?topic=3015575
Russian: https://bitcointalk.org/index.php?topic=3013072
Italian: https://bitcointalk.org/index.php?topic=3020181
Chinese: https://bitcointalk.org/index.php?topic=3013643
Vietnamese: https://bitcoingarden.org/forum/index.php?topic=29381
Indonesian: https://bitcointalk.org/index.php?topic=3024250
Mining pools: 1st: 800 IDA (Filled)
2nd: 500 IDA (Filled)
3rd: 300 IDA (Filled)
4th: 100 IDA (Filled)
Block explorer: 1 MN (Filled)
Marketing plan: 1000 IDA
Masternode setup documentation: 500 IDA (Filled)
AIRDROP
Between February 25th and March 2nd, every member of Discord group will receive 15 IDA.
For every referenced member that joins the Discord, the referencer will receive 10 IDA.
Every follower on twitter will receive 10 IDA.
Join our Discord: https://discord.gg/zfRNTZS
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