INTRODUCTION:
As you know, the world of blockchain and cryptocurrency does not stand still, but moves forward. There are lots of different coins, ICO startups, crypto exchanges, blockchain platforms and so on. The number of crypto fans has also increased. In general, we are moving towards something new and unusual. And today we will talk to you about an interesting and promising platform called IQ.cash.
WHAT IS IQ Cash?
IQ.cash is a unique global platform on the blockchain, made for investors, traders and miners. The main purpose of this platform is to provide real-time payments, anonymous, and real-time investment for crypto enthusiasts. Cryptocurrency has millions of active users worldwide and the number of people continues to grow rapidly.
The IQCash team has developed and created the IQ Masternode network for traders, investors and miners.
Now traders can trade IQ in cryptoexchanges, investors who have 3000 IQ can get passive income 57% from the block, and miners get 37% from the block. The remaining 6% of DAO is used to finance projects that are approved in trading (software, websites, algorithmic trading systems, beginners, IQCASH ECOSYSTEM enhancements) provided by traders.
Part of the Masternode is airdropped and airdrops will be aired between clients and FINEXPO project sponsors (leading brokers, banks, financial and investment companies, exchanges, payment systems, etc.). Active promotions will be conducted at all TradersFair.com events.
This will enable IQCASH to become a leader in the crypto industry and continue to maximize efficiency and payment of privacy among the largest financial companies.
IQ CASH Universal, blockchain platform that can be scaled for Traders, Investors & Miners: 57% for Masternodes, 37% for Miners, and 6% for DAO (project traders)
The IQ.Cash blockchain platform uses a mixture of Proof of Work (PoW) and Masternode technology that is suitable for miners and investors to generate revenue streams. The IQ.Cash platform divides block rewards - an allocation of 57% for masternodes and 37% for miners. The remaining 6% is reserved for DAO which will be used to finance projects in trade.
For example, traders can trade IQ tokens on several digital currency exchanges in the market. In such cases, 6% of the prize block must be used for website development, software development, startup, algorithmic trading systems and overall improvement of the IQ.Cash ecosystem.
Why do people use IQ Cash?
Understanding the mechanism of IQ.Cash prize distribution:
As stated, the IQ.Cash blockchain network distributes block gifts and profits to miners and masternodes. This also saves a fraction of the cost of developing other projects.
Miner rewards are rewards distributed to miners for adding new blocks or approving transactions to the network. Other prizes are Masternode prizes given to MasterNode owners.
Anyone can become an owner of IQ.Cash masternode by depositing 3000 IQ tokens as a commission. Masternodes are generally like normal nodes that maintain smooth network functions, with additional responsibilities in the form of server assistance and server security. It also maintains network integrity, anonymity and transaction speed.
As per IQ.Cash, masternode owners can generate a 350-400% return on investment.
One can become a masternode by following five simple steps as follows:
Buy 3,000 IQ or better 3,001. Tokens 1 Extra IQ will be spent on transaction commissions
Download the Flits Application (Android or iOS) for mobile devices.
Open the IQ.cash coin purse in the application.
Enter 3,001 IQ in your wallet and create a MasterNode server and deposit
Pay the cost of hosting service providers on Flits which costs EUR 1.99 per month
Users can use the profits generated for their own needs or even reinvest them to buy more masternodes to increase and multiply their income.
Features of the IQ.Cash Blockchain system:
Security
IQ.Cash blockchain platform guarantees absolute security for its users. User accounts can be accessed by the owner simply because no one can block their account or access their funds. In addition, users do not need to worry about third-party access to data. The system encrypts complete data when transferring and receiving assets.
Anonymity
Block IQ.Cash uses the PrivateSend algorithm which helps users make transactions completely anonymous.
ASIC Resistance
Technologies that use ASIC often face network complexity problems during significant acceleration and growth. The IQ.Cash network solves this problem by using the NeoScrypt algorithm.
High Transaction Speed
IQ.Cash facilitates high-speed transactions through instant data exchange across the network using its InstaSend. The network facilitates transactions in less than 5 seconds.
Decentralization
This platform provides absolute decentralization while preventing websites that have absolute control.
Token Information:
Algorithm: PoW, NeoScrypt (ASIC resistance)
Block time: 120 seconds
Prizes per block: 25 IQ
Block Block Reward Distribution: 57% to Masternodes and 43% to Miners, both taken from the formula (Reward-6%), where 6% is reserved for the DAO system
Block rewards can be sliced 12% every year
Max coins: 56 900,000 IQ
Premine: 7 900 000 IQ
Mining within: 25 years
Adjustment difficulty: each block (Dark Gravitational Wave v3) - starts with a height of 1000 blocks
Coins needed for masternode: 3,000 IQ
The masternode prize starts with a height of 1000 blocks
Privacy: Confusion Transaction (PrivateSend)
Fast payment: via InstantSend (InstantSend confirmation: ~ 5 seconds)
P2P port: 14014 / tcp
RPC Port: 13013 / tcp
Masternode:
This is a guide to install masternode with your wallet in your home pc and Linux VPS. You will have your coins in your PC and your masternode in VPS won't have your coins. Your masternode will just do the earning rewards. For your home wallet you can use Windows, Mac or even Linux. But on VPS side you have to use Linux, Ubuntu 16.04 recommended.
Conclusion:
IQ.Cash therefore is a platform worth trying. It is a great opportunity for crypto traders to earn a lot. It is flexible as it allows you to be able to trade it's currency on other exchanges using other popular crypto-currency options such as Bitcoin, Litecoin, Etherium and so on. Your funds and data are secure and the system is De-centralized.
For more information about this project you can see it below:
Website: https://iq.cash/
Youtube: https://www.youtube.com/finexpo
ANN thread: https://bitcointalk.org/index.php?topic=4360591
Twitter: https://twitter.com/IQ_Crypto
Telegram: https://t.me/IQ_cash
Exchanges that are already available for Coin IQ.cash:
HitBTC: https://hitbtc.com/IQ-to-BTC
Bitforex: https://www.bitforex.com/en/spot/iq_btc
Bithumb Global: https://www.bithumb.pro/en-us/spot/trade;symbol=IQ_USDT
P2PB2B: https://p2pb2b.io/
Coinsbit: https://coinsbit.io/trade
Mercatox: https://mercatox.com/exchange/IQ/BTC
AUTHOR:
Username:Damkar58
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1925168
IQ.CASH Address:QhnsSKhhrRCDtxcEjZrGcMFEKTE1usb3Hj
IQ.CASH Address:QhnsSKhhrRCDtxcEjZrGcMFEKTE1usb3Hj
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