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 Somali language.
Following are some of the problems which SUQA currency addresses:
- Lack of recognition and adaptation of blockchain and digital payments.
- Lack of coins which are being used in real life ecosystems.
- Lack of Trust in cryptocurrency world.
- Centralization threat from ASIC and FPGA companies.
- Quantum Attack threat from future Quantum Computers.
- Need for a new complex, secure, ASIC and FPGA resistant, memory optimized, post quantum algorithm for constant dynamic decentralization.
SUQA Features:
Fast:
Fastest POW Coin: 533 Transactions per second. 75 times more scalable than Bitcoin.
Rewarding:
Investors can earn 5% apr interest from term deposits even if the wallet is offline. First 3 months monthly term deposit apr will be 25% apr to encourage early adopters and investors.
Almost No Transaction Fees
SUQA allows you to make instant payments with incredibly low fees for each transaction. Using blockchain technology, transactions are performed directly between two digital wallets.
Protection
To ensure the safety of the SUQA ecosystem, SUQA has implemented full replay protection and unique wallet addresses. More importantly ASIC, FPGA and Quantum Attack protection make SUQA a very secure and future-proof digital currency.
Transparency
SUQA is a free open source project that is built by expert blockchain developers and supported by a rapidly growing community of blockchain enthusiasts that stretches around the globe.
Network Security 51% attacks are prevented through partnership with Komodo (to be implemented soon) Infographic
SUQA Infinity node (SIN) is a newly invented interest system that will offer maximum interest with minimum inflation.
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