SUQA

Maxim Maximov
6 min readDec 7, 2018

SUQA is a new coin, with outstanding technical characteristics, capable of processing up to 540 transactions per second and is the fastest coin with the POW algorithm. SUQA solves many problems of obsolete blockchains and provides functionality that provides intelligent solutions for blockchain enthusiasts.

BLOCKCHAIN is now a very discussed technology, everyone is talking about the blockchain, that this technology is the future and the banks will soon disappear.

In reality, things are different; only 15% of large commercial campaigns launched pilot projects on the blockchain in 2017. And this is only testing technology. It’s too early to talk about real working solutions on the blockchain in large campaigns.

However, the potential of technology cannot be underestimated. In the image below you can see areas in which the blockchain can actually be useful.

A similar situation exists with the ICO. In 2017, against the background of the rapid growth of BITKOINA, various shitcoins, which appeared like mushrooms, grew together with him, collecting money from unsuspecting investors at the ICO.

As a result, after a long correction in 2018, it became clear that 95% of all these ICOs are waiting for an inevitable scam. Only a small part of the projects actually offer a good product on Blockchain and are working hard on its development.

Many scammers came to the cryptocurrency market for the sole purpose of robbing gullible investors.

They learned how to create an ICO with absolutely nothing behind them except a sample site bought for $ 150. At the same time, they are asked to give them $ 5 million to develop “a super-tech decentralized application for a smartphone” …

They learned how to produce coins working on the POS algorithm and requiring masternod. At the same time making a quiet pre-mine (coin mining developers) coins, and then merging it to investors.

The problem of centralizing mining and manufacturing Asiki.

BItmain’s large-scale campaign has monopolized the market; they set the cost of equipment at a high enough level, making mining a very expensive business.

In addition, the release of asik miners for coins, which were originally supposed to mine on video cards and conventional processors, makes the coin centralized and prone to the so-called attack 51%.

All this made investors more attentive and cautious. The fever of greed is over, all the cones are stuffed and now the market is getting cleaner.

People no longer invest their money in everything, and the scam as a result has become much less. Now, in order for the project to be of interest to the crypto community, it needs to show something more than just a website with pictures.

Summarizing, we can single out a number of problems that the community will have to solve in the near future in order to move the crypt to the next level:

There are very few real examples of the implementation of blockchain technologies in the real sector.
There is no trust in cryptocurrency and blockchain, due to the large number of scammers.
Monopolization and centralization of mining due to the lack of competition in the market.
The need to create a high-quality algorithm, for an obstacle attack 51%, as well as resistance to Asiki and FPGA devices.

Complete SUQA Solution

SUQA works on a specially developed algorithm POW X22i. This algorithm is designed in a clever way. To prevent ASICs, FPGA devices, and even a quantum computer in the future.

If you try to simplifyly describe the operation of the algorithm, you can say that X22i mixes a long chain of 22 algorithms.

Thus, it becomes memory-demanding 4 times, this is not a problem for processors and video cards. But this is a big problem for ASICs and FPGAs.

Even if the manufacturers of specialized devices, they decide to create ASIK for mining SUQA, they will fail. The algorithm is programmed to frequently update the structure. It would be extremely inexpedient in the financial plan — to try to adjust to the X22i.

The detailed scheme of the X22i algorithm is as follows:

Despite the complex structure of the X22i algorithm, SUQA is available for mining on conventional processors and video cards. This makes the coin truly decentralized. Moreover, miners will appreciate the efforts of engineers who managed to achieve extremely low heat generation during mining!

The X22i algorithm is unique, it is written from scratch, while taking into account all the errors of past outdated algorithms. Thus, the SUQA coin is available to a wide range of people interested in cryptocurrencies, since it can be mined on a regular computer.

In addition to the unique cool algorithm, SUQA will please its users with the ability to make time deposits at 5% per annum. The profit from the deposit will be transferred monthly to the wallet balance, which will create additional demand for the coin on the stock exchanges. By the way, SUQA is already trading on 4 exchanges and will get another 3 exchanges next week!

How to get SUQA without investment?

Well, now let’s get to the fun part, how to get SUQA coins for free? In order to popularize the project, the team provided for a monthly campaign bounty.

I will briefly explain for beginners what a bounty campaign is. A bounty campaign is an activity aimed at promoting the project to the masses. In short, an advertising campaign in which anyone who has at least a Facebook account can participate.

November 26, 2018 the second bounty campaign has already started and it will last until December 26, exactly a month, after which a new one is likely to be launched.

If you have Twitter and are able to retweet, then feel free to jump into this campaign. Well, if you know how to write articles or create videos, in this case you will get even more coins. I will say right away that the total pool of awards is only 1,000,000 SUQA, which is equal to 1.56 BTC at the current rate. This is a very small pool, since there will not be enough people involved.

However, please note that this was done not because of the greed of the team, but only for the benefit of the development of the project. If they had given many coins, the bounty hunters would set the course as soon as they received the coins.

Personally, I participated in the first campaign and I managed to gather up 18,800 SUQA coins, and I will continue to participate in this campaign, and in the next one despite the small pool. Since I believe in success and that-the-future in the near future!

WEBSITEhttps://suqa.org
WHITEPAPER https://suqa.org/file/2018/11/suqa-whitepaper.pdf
TWITTER https://twitter.com/SUQAfoundation
FACEBOOKhttps://www.facebook.com/SUQAFoundation
TELEGRAMhttps://t.me/Suqafoundation
GITHUB https://github.com/SUQAORG
DISCORDhttps://discordapp.com/invite/qrtU7Y9

My account BTT:https://bitcointalk.org/index.php?action=profile;u=1297889

My SUQA Adress: SebmUiY523Q2o9ZqWSSs8yTCdBukAitrmT

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