ROADMAP
Phase 1
Website launch (Ready)
Coin launch (Ready)
Community giveaways, airdrop and contests (Ready)
Twitter account creation (Ready)
Telegram group creation (Ready)
Discord group creation (Ready)
Block Explorer (Ready)
Phase 2
Groundwork for strong community
Coingecko listing
Coinmarketcap listing
Reaching out to influencers
1000 Holders
Apply on multiple exchanges (Ready first Exchange)
Phase 3
Web Wallet
Android Wallet
Exchange PFA (beta)
MAC Wallet
Proof-of-Stake explained
What type of algorithm is used in ProfitForAll?
ProfitForAll uses Proof of Stake(POS) algorithm.
What is Proof-of-Stake ?
PoS happens by a miner putting up a stake, or locking up an amount of their coins, to verify a block of transactions. The cryptographic calculations in PoS are much simpler for computers to solve, you only need to prove you own a certain percentage of all coins available in a given currency.
For example, if you somehow owned 3% of all ProfitForAll, you would be able to mine 3% of all transactions across ProfitForAll.
How Do you Stake Coins PoS in ProfitForAll?
1- Download a Windows or Linux wallet from our website.
2- Fully sync your wallet with the ProfitForAll network by running your wallet and downloading the blockchain.
3- Buy some ProfitForAll on an exchange.
4- Withdraw ProfitForAll from the exchanges to your wallet.
5- Leave the coins in the wallet for 2 hours. After 2 hours the coins will start staking.
5- The wallet must be unencrypted for it to allow staking.
Cryptocurrency mining currently presents several problems such as:
1- Not very friendly to the environment.
2- The centralization of mining.
3- The high cost of ASIC and GPU.
4- High transaction costs.
5- Blockchain congestion by making large amounts of transactions per minute.
All this means that a user with few economic resources can mine a cryptocurrency and obtain benefits that allow him to live well from this job. ProfitForAll (PFA) comes to solve these problems mentioned above, because it is a decentralized blockchain, using a POS (Proof of Stake) mining, with this type of mining PFA can be produced from your home computer. no need to buy expensive ASICs or GPUs.
We want to do a truly decentralized mining accessible to everyone in any part of the world and the most important thing is to be friendly with the environment.
We are a group of enthusiasts with the firm desire that we can all have a better quality of life, respecting our planet, that is why we request the support of each one of you so that together we can carry out this project. That is why your opinion and positive participation are important.
Technically ProfirForAll is much better than Bitcoin, Litecoin, and Dogecoin. Some advantages of ProfitForAll coin are:
- The transaction costs are very economical.
- No ASIC or GPU is used to discover new blocks.
- 14 PFA will always be generated per block and there will be no halving.
- It is an environmentally friendly coin.
- Mining difficulty readjustment is done every 10 blocks.
come and join us today, recieve 1000 pfa coins via an airdrop on our discord, friendly helpful community!
now on exbitron.
https://discord.gg/u5hATu6hhttps://profitforall.net/
