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Author Topic: [ANN] | SUQA | New X22i Algo | SWIFFTX | No ICO | No Pre-mine | %5 Apr Interest  (Read 181792 times)
elinton
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October 01, 2018, 12:15:30 AM
 #201


   SUQA is a new open source peer to peer digital currency that gives the investors 5% apr interest from term deposits even if the wallet is offline. It is based on an improved code of the secure and widely used Bitcoin Blockchain with a brand new advanced memory intensive X22i POW algo which is completely ASIC, FPGA and Quantum Resistant.

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:

1. Lack of recognition and adaptation of blockchain and digital payments.
2. Lack of coins which are being used in real life ecosystems.
3. Lack of Trust in cryptocurrency world.
4. Centralization threat from ASIC and FPGA companies.
5. Quantum Attack threat from future Quantum Computers.
6. Need for a new complex, secure, ASIC and FPGA resistant, memory optimized, post quantum algorithm for constant dynamic decentralization.


SUQA Features:

1. Fast:
Fastest POW Coin: 533 Transactions per second. 75 times more scalable than Bitcoin.

2. 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.  

3. 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.

4. 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.
 
5. 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.

SUQA Use Cases:

SUQA currency can be used in any digital transaction where other cryptocurrencies like Bitcoin is being used. The major use of SUQA Coin in a real world ecosystem is SUQA Foundation where no other cryptocurrency except SUQA coin can be used.

Suqa Foundation is a Decentralized Autonomous Philanthropist Organization that rewards everyone inside its ecosystem generously, securely and transparently without fees, to foster the growth of the Blockchain.

There will be 3 microsites of SUQA Foundation where the SUQA currency can be utilized. Details of these microsites will be released soon.


Specifications

Coin name: SUQA
Ticker : SUQA
Algorithm : X22i
Coin Type: POW
Max. supply: 1,078,740,313+10%dev fee
Block Time: 2 minutes
Max Block Size: 16mb
Max tx/s: 533 tx/s
Difficulty Retarget Algo: DarkGravityV3
RPC port: 20971
P2P port: 20970
Ico: No
Pre-Mine: No
Masternode: No
Pre-Sale: No
Dev-Fee: 10%
Genesis: 26 September, 2018

Block rewards
 
1 to 22,000: 10,000  = 220,000,000
22,001 to  50,000: 5,000  = 139,995,000
50,001 to 100,000: 2.500 =124,997,500
100,001 to 200,000: 1.250 = 124,998,750
200,001 to  400.000: 625= 124,999,375
400,001 to 1,500,000: 312,5=343,749,688
TOTAL SUPPLY: 1,078,740,313  plus 10%
for founders fee will be mined in 5.78 years.

MAX TOTAL : 1,186,614,344 SUQA


Technical Details:

X22i-Algo
X22i is the newest most complex, advanced, quantum resistant algorithm for the millions of gpu miners and it is also one of the most power efficient hash algorithms. “I” stands for the 22 algorithms intelligence.
New PoW algorithm providing the following advantages:
- Adding a quantum resistant part in the algo chain (SWIFFTX)
- Rising the memory requirements four times, not a problem for CPU and GPU but much harder for FPGA and ASIC
- Much longer algo chain: 22 algorithms create the need for a lot of chip space to implement the whole chain, very cost un-effective for FPGAS and ASICS.
- We will require a hard fork every 6 months to add a new ASIC and FPGA resistant algo to guarantee decentralization.

Time-Lock Deposit
Please go to file, receiving adress and copy the wallet address from there.
Please choose deposit from the top and paste the adress to where it says deposit adress. Please choose the amount and click on how long  you want to time-lock your SUQA for, choose for up to 4 weeks and up to 25% apr for the first 3 months for early adapters.After 3 months 1 month time-locked term deposit will be 5% apr.
 Click on EARN. Click on YES and YES. You should see on  the amount you put on hold and how much you will receive on the overview screen. Once it is time-locked it will not be possible to unlock it until the chosen time.



GitHub
https://github.com/SUQAORG



Wallets
Windows-Qt
https://github.com/SUQAORG/SUQA-CORE/releases/tag/v1.0


Linux
https://github.com/SUQAORG/SUQA-CORE/releases/tag/v1.0


Miner
In-Wallet Cpu mining.

V1.0 Windows 10-64 bit, Nvidia Cuda 9.2 ccminer x22i specific miner.

https://github.com/SUQAORG/ccminer-x22i/releases/tag/v1.0.0

https://coinguides.org/solo-mining-guide/

Solo mining example:

ccminer -a x22i -s 5 --no-longpoll --coinbase-addr=<your_receiving_address> -o http://localhost:20971/ -u <your_wallet_rpc_username> -p <your_wallet_rpc_password>

Pool mining example :

ccminer -a x22i -o stratum+tcp://preferredpool:port-u Weblogin.WorkerName -p WorkerPassword

Sample OC settings: PL 65, Core +100, memory + 300 (for all nvidia cards)

Memory clock matters, play with it!

If you get errors when starting the miner, set the wallet language to english

Pools
http://icemining.ca/
How to mine: https://bitcointalk.org/index.php?topic=5038269.msg46311785#msg46311785
Fee 1%

https://s2.mpos-pools.com/suqa
how to mine: https://s2.mpos-pools.com/suqa/index.php?page=gettingstarted
GPU:                                    3519
Low diff:                               3521
Fee 3% and 30-40% less hashrate on this pool!

SUQA Calculator https://www.coincalculators.io/coin.aspx?crypto=suqa-mining-calculator

Explorer
http://142.93.138.172:3001

Find Us:

SUQA.ORG Website: Coming Soon
Telegram: Coming Soon
Discord: https://discord.gg/qrtU7Y9
Medium: Coming Soon
Reddit: Coming Soon
Facebook: Coming Soon
Twitter: Coming Soon
Slack: Coming Soon
Roadmap: Coming Soon
Whitepaper: Coming Soon
Bounty Thread: Coming Soon







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October 01, 2018, 02:29:10 AM
 #202


you just combined 22 different algorithms and called it progress?
what are these algorithms?
why do you do every 6 months hard fork? you will change the composition of the algorithms? all this is very bad for graphics cards.

how many people are involved in your project? what is the composition of the team?
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October 01, 2018, 03:40:35 AM
 #203

I have nvidia and linux, and I also have a ccminer, which does not have algorithm x22i. It seems that I'm not in the subject of mining this miracle of a SUQA, until ccminer will release a version with this algorithm. Or are there any options?

Compiling ccminer on Linux is easy. Take the source from the foundation GitHub and follow any Linux ccminer compiling tutorial.

It is NEVER 'easy' ...

Just because YOU can compile it under ONE distribution of Linux - you call it 'linux'.

Linux does NOT mean 'ubuntu'. Linux comes in many many MANY different distros and formats, especially the largest spread on RedHat based distros (RHEL, CentOS, Fedora for example), which we (CWI) do mostly, because unlike ubuntu or debian, requires work to compile.

So please stop misleading people into thinking 'linux' is ubuntu. It is isn't. Be specific. Ubuntu is a DISTRIBUTION of Linux. So is Arch, Debian, Scientific Linux, Fedora and all the others.

Thankfully, people are starting to get more informed of what is going on and how things are done. Adding HashFunctions together and attaching a not-so-well-known one isn't new by any means, but the whole ASIC/FPGA movement is a bandwagon that almost everyone is jumping on, including this project.

Other than that, I will look into this project when I am better later this week. Parts of it look interesting.

#crysx

SUQAFOUNDATION (OP)
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October 01, 2018, 05:37:59 AM
 #204

We just realized last night that the ice mining pool did accidentally set up the wrong dev fee and they were sending us 1% extra. We will send the funds back to the icemining pool so that they can refund back to the community. Everything is back to normal so you can keep mining the SUQA currency.
Sorry for the inconvenience .

SUQA Foundation
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October 01, 2018, 06:19:47 AM
 #205

I have nvidia and linux, and I also have a ccminer, which does not have algorithm x22i. It seems that I'm not in the subject of mining this miracle of a SUQA, until ccminer will release a version with this algorithm. Or are there any options?

Compiling ccminer on Linux is easy. Take the source from the foundation GitHub and follow any Linux ccminer compiling tutorial.
The iceminer.ca pool owner has the compiled binary for linux. Possible to contact him if it is too difficult to compile.
CAn you throw a link to the T-rex for the X22i or another good miner for this algo? Thank you.
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October 01, 2018, 06:33:04 AM
 #206

next....
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October 01, 2018, 07:21:52 AM
 #207


you just combined 22 different algorithms and called it progress?
what are these algorithms?
why do you do every 6 months hard fork? you will change the composition of the algorithms? all this is very bad for graphics cards.

how many people are involved in your project? what is the composition of the team?

- we added swifftx because it's a post quantum algorithm, i.e. it is quantum resistant
- we made the chain much longer to enhance FPGA resistance: the longer the algo, the harder fpga (and ASIC) development becomes, because it takes a lot of time and effort, and will not fit in a single FPGA chip.
- we increased the ram usage 4x, again to make FPGA and ASIC harder and less competitive compared to GPU
- we will add more algos to the chain and/or change the structure, to avoid giving FPGA and ASIC developers the time needed to develop a chip
- ... and all this without any drawback for GPU
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October 01, 2018, 07:24:17 AM
 #208

I have nvidia and linux, and I also have a ccminer, which does not have algorithm x22i. It seems that I'm not in the subject of mining this miracle of a SUQA, until ccminer will release a version with this algorithm. Or are there any options?

Compiling ccminer on Linux is easy. Take the source from the foundation GitHub and follow any Linux ccminer compiling tutorial.

It is NEVER 'easy' ...

Just because YOU can compile it under ONE distribution of Linux - you call it 'linux'.

Linux does NOT mean 'ubuntu'. Linux comes in many many MANY different distros and formats, especially the largest spread on RedHat based distros (RHEL, CentOS, Fedora for example), which we (CWI) do mostly, because unlike ubuntu or debian, requires work to compile.

So please stop misleading people into thinking 'linux' is ubuntu. It is isn't. Be specific. Ubuntu is a DISTRIBUTION of Linux. So is Arch, Debian, Scientific Linux, Fedora and all the others.

Thankfully, people are starting to get more informed of what is going on and how things are done. Adding HashFunctions together and attaching a not-so-well-known one isn't new by any means, but the whole ASIC/FPGA movement is a bandwagon that almost everyone is jumping on, including this project.

Other than that, I will look into this project when I am better later this week. Parts of it look interesting.

#crysx

the linux user is used to compiling software.
anyway, if you have issues compiling our miner (which is just another fork of ccminer, nothing new), just hang over to discord and we'll try to help you.
About the algo, see my previous post.
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October 01, 2018, 08:17:21 AM
 #209

Video how to set up the Deposit in the SUQA Core (rus): https://youtu.be/VbmBKBh4kAc
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October 01, 2018, 08:26:53 AM
 #210

Reserved

🧬⛓Blockchain ENTHUSIAST and EVANGELIST🎊. Crypto Investor💻, Miner🧰, Trader👨‍💻. Project Ambassadors👨‍💼, Community Manager👥, Blogger🥳 & MORE.
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October 01, 2018, 08:27:20 AM
 #211

What is the actual Block reward?

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October 01, 2018, 08:41:57 AM
 #212

Video how to set up the Deposit in the SUQA Core (rus): https://youtu.be/VbmBKBh4kAc

very cognitive video. I advise you to watch this video for all those who want to do this and do not know how. and for novice and experienced it will be useful.

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October 01, 2018, 08:43:46 AM
Last edit: October 01, 2018, 04:11:58 PM by toyo87
 #213

Please help. i get this error, when i launch my miner.


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October 01, 2018, 11:46:11 AM
 #214

Hi !  AMD brothers need X22i algo as fast as possible !

Thanks.
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October 01, 2018, 12:24:18 PM
 #215

I don't understand why is this name , I see most of the people involved are Russians . Why did you put a name that means bitch in Russian?
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October 01, 2018, 12:41:45 PM
 #216

Could you provide the details of your system, driver/cuda version?

Please help. i get this error, when i launch my miner.

https://image.ibb.co/eUcYYe/SUQA_ERROR.jpg
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October 01, 2018, 12:47:32 PM
 #217

I don't understand why is this name , I see most of the people involved are Russians . Why did you put a name that means bitch in Russian?
Really Grin
I was astonished when saw such name, but i think that they just didn't make any researches before naming their crypto.

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October 01, 2018, 01:55:41 PM
 #218

my hashrate or gtx 1070 only 1200 kh/s, why ? tried different version miners, drivers reinstalled, windows 7
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October 01, 2018, 01:57:19 PM
 #219

What is the actual Block reward?
The block reward is 10.000 SUQA plus 1.000 for dev fee until block number 22.000 and then halving to 5.000 plus 500 dev fee. Read the first post.

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October 01, 2018, 02:56:14 PM
 #220

ValeraTV promotion this coin on YouTube (with RTX 2080ti) Grin
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