SUQA: Roadmap Version 2

SUQA: Roadmap Version 2

Today, we are pleased to introduce a new and updated version of our roadmap. The changes we have implemented will ensure that SUQA runs smoothly and will increase use cases and benefits for the community and the entire ecosystem.

Before we present our 7-step approach to making adaptable SUQA available to the masses, we would like to give you some key points that we believe are essential and will improve our program in the future.


SUQA Roadmap V2

  • We will be making structural changes to make it easy to prepare our legal documents, so that this will not only strengthen our legal position but also make it easily acceptable in the eyes of the government and financial institutions.

  • Proof of Work (PoW) is very important to us, so our miners are our valuable assets in securing the blockchain . In this regard, we are announcing a brand new algorithm called X2Xi. For security purposes, the actual name as well as the details of the new ASIC and FPGA resistant algorithm will be released later.

  • We believe that all wealth created on the SUQA blockchain should be equal, so we are reducing our development fee from 9.09% of the block reward to 1%. (We aim to reduce this fee even more in the future to minimize the impact on price, but we do have to pay legal fees and salaries to our content creators and developers. As always, you can view our Founders Fee & Transparency Report here.)

  • Since the ecosystem will not have future 2.5% rewards, the SUQA Foundation will pay 1 million SUQA to the platform for 3 months to make adjustments and let the platform work independently to cultivate people looking for jobs in the blockchain industry.

  • The total supply and new stable and more profitable block rewards will be released before the March 2019 hard fork.

  • A completely new investment and interest system will be implemented, called SUQA Infinity Nodes, or SIN (High Interest Rewards with Controlled Inflation). We would love to provide details about SIN, unfortunately we want SUQA to be first with this new invention and prevent other projects from copying it. Also for security reasons, the details of SIN will be announced a week before the hard fork. All we can say is that in order to participate in SIN you must own at least 100K SUQA, so everyone has time to lock, mine, invest and wait.

  • We will provide 20 million SUQA to our developer wallet, so no one can or will accuse us of using funds in the future. We will not touch these funds even if we participate in SIN. (We will provide the community with all the details about the developer wallet spending so that we are 100% transparent and open to all communities and investors.)

  • The SIN concept was born with the sole purpose of allowing our community to gain maximum benefits with minimal inflation. SIN is not a masternode, it is a new invention we created to not only attract new investors but also to allow them to gain more benefits at the same time.

  • The SUQA Foundation Ecosystem Platform will only be for Cryptolancers, so we will be gathering everything under the Cryptolancer banner to bring it all under one roof.

  • Asset creation is another tool similar to normal asset creation with few tweaks like more flexibility and sending options. Details on time-locked asset creation will be announced later.

  • The private network will be different from Projects Sia and Storj in that it will not only have data storage. Details about the private network will be released later as the project matures.

– SUQA Whitepaper Version 2 will be released on the latest implemented hard fork date.

SUQA’s 7-star solution for mass adoption

To give SUQA an edge over other projects, we have prepared a 7-star solution for SUQA's mass adoption. We will decisively and patiently implement our roadmap so that SUQA can succeed.

This is our 7-star improvement vision:

* dPOW 51% attack protection KOMODO partnership. Late January 2019

** More profitable GPU mining with more block rewards, shielded by the new unique X2Xi new ASIC and FPGA resistant algorithm (no longer controlling halvings with low inflation), developer fees reduced from POW to 1%. Hard Fork in late March 2019.

*** SUQA Infinity Nodes aka SIN (High Rewards by Controlled Inflation). A revolution for the crypto community. New privacy and anonymity for the SUQA chain. Late March 2019

**** Non-Security Legal Documents. New Legal Partnership. Late March 2019

***** Unique e-government. Mass adoption. Full democracy and decentralization with voting and deadline. Hard Fork in late November 2019.

****** Time lock asset creation. Late November 2019

******* New use cases. Decentralized data management for private networks (similar to Project Sia, but with more flexibility and features). Q2 2020 Hard Fork.


<<:  CoinCola Christmas Season Bitcoin Red Packet Free

>>:  TUX Introduction, Mining, Exchange

Recommend

What do people who are born to suffer have? What are the characteristics?

Some people seem to be born poor. They are always ...

Moles that cause women to have romantic relationships

There are many moles related to love luck, and th...

Three types of ears that are destined to be rich and wealthy

People's ears not only enhance the beauty of ...

Where is the divorce line? Is there a divorce line in your palm?

The marriage line is a very important line in palm...

Can a man without a fortune line get rich?

Money is the basis of survival in this society, a...

High hairline destiny. People with high hairline have good relationships.

By looking at people's faces, you can learn a...

8 big things you need to know about Bitcoin this week

Author: 1. Italy's large taxi company continu...

What does your marriage line mean in palmistry?

The marriage line is located below the little fin...

What is the fate of people with fish-eye eyes?

The eyes are relatively round, and the upper eyel...

[Video] Visiting Xinjiang Bitcoin Mine

Visiting Xinjiang Bitcoin Mine (Video: Visiting X...

What does a mole on the cheekbone mean?

Speaking of moles, we are not new to them, and ev...

Is it good for a girl to have canine teeth? Will it make the marriage unhappy?

In real life, teeth are a relatively important or...