Crypto Fanat
5.8K subscribers
341 photos
1 video
9.55K links
📌 Collaboration manager - @mag_ur
Download Telegram
#SUQA

Security Without Disruption: SUQA

On January 5th, Ethereum Classic (ETC) reportedly suffered a 51% attack on it’s blockchain. The disruption in the chain itself led to a reorganization that included a double spend. This attack did not only affect the value of the Ethereum Classic ecosystem, both from a development standpoint and from an investment standpoint, but disturbed the whole concept in securing the Proof of Work cryptocurrencies.

After realizing there’s an abnormality in the blocks, Ethereum Classic blockchain couldn’t be used for a good while and the transactions either needed much more block conformation, or even unable to complete in some cases. This attack on the ETC blockchain is believed to be the one of the biggest 51% attacks in the cryptocurrency history.

Now while this is a very serious issue, why do we remind our investors that such a devastating thing exists or can happen at anytime? The reason is simple. Any PoW coin can be a target of a dedicated entity that wants to attack and disrupt it’s blockchain because it’s in the nature of this decentralized structures that we put our hard earned money & trust on. However there’s a simple and brilliant solution to all this madness.

Security through nesting

SUQA has partnered up with a very well established and respected cryptocurrency platform KOMODO in order to further secure it’s blockchain to prevent such attacks from happening in the future. While we will not bore you into detail and explain to you what Delayed Proof of Work is (but in fact you should totally check here what SUQA brings to the table with DPoW), it’s similar to a nesting type of function implemented in between multiple blockchains. To explain in simpler terms,

Every ten minutes (Bitcoin average block time) a snapshot is taken of the entire SUQA blockchain. Then this snapshot is written into a block on the Bitcoin blockchain.

So the notary nodes of the KOMODO platform acts as a second layer to periodically backup SUQA’s blockchain status onto Bitcoin blockchain (like matryoshka dolls) and therefore if an attacker with malicious intent tries to disrupt the SUQA blockchain in any way, he also has to fight with the network power of Bitcoin as well.

We, at SUQA believe it is our duty to protect our investors’ money and therefore we put security of our blockchain at the top of our priority. In an ecosystem where an attack can be expected at anytime, it’s best to be well prepared and have a course of action planned even before anything happens.
#CoinBundle

Why should you invest with CoinBundle?

Buying bundles is the easiest way for people to build their portfolios and invest in cryptocurrencies responsibly. With CoinBundle you can purchase hand-crafted and vetted bundles of cryptocurrencies that match your investment style in a single click.
#CoinBundle

Bundles let you invest in dozens of the right cryptocurrencies with one click

Each bundle is carefully crafted by experts to match your investment needs and preferences, whether its your risk profile or your beliefs.
#CoinBundle

Investing has never been so simple

CoinBundle is built to match the needs of investors at all levels of expertise.

The simplest and most user friendly interface in the industry

A variety of payment methods including credit/debit cards and individual cryptocurrencies

Free and secure custody of funds in partnership with Kingdom Trust

A range of investment options to choose from according to personal preferences
#Namek.io

Your Airdrop and Bounty platform

Collect tokens from the best ICOs

About Us…

Most of the startups still experience serious problems while looking for funding. Meanwhile, tech startups raised over $6.3 B through ICOs. We want to make this innovative source of funding available to everyone, particularly in the emerging-market countries across the world. In fact, our platform can be used as a bridge to allow youth entrepreneurship in the developing economies to gain access to international investment capital market. Moreover, thanks to our CaaS (Cross-chain as a Service), Bounty and Airdrop ecosystem, startups can gain access to a worldwide workforce without any actual cash flow. In fact, those freelancers will be paid with tokens that will have a value after the successful ICO launch. In others words, we allow startups to raise money through an ICO and to delay expenses thanks to the CaaS. This will help them to reach the speed where they can shift into the next gear.

Airdrop platform

raise awareness around your startupAs a business owner, reward users for being engaged in both your community and on social media.As an enthusiast, get multiple tokens from the projects that matter to you.

Bounty platform

show your skills and get stuff doneGet rewarded by accomplishing tasks in projects that matter to you. Join the team, and live the startup adventure with the founders.

Simply manage token payments
Notifications and reminders for bounties
Tools to make it BIG !

How it Works

Create your account
Choose a project
Complete the tasks
Get your rewards

Bounty types

BitcoinTalk signature
Promote an ICO with a custom signature a BitcoinTalk profile.

Social media campaign (Airdrop)
Increase word of mouth effect about an ICO by making it a major topic of discussion on social media.

Translation
Make an ICO go global and reach large audiences by translating content in targeted languages.

Video making
Create an explainer, ad or marketing video to illustrate your product and ICO.

Article writing
Write meaningful articles and blogposts to increase an ICO's visibility on the market.

Bug bounty
Identity and report bugs and UX problems when using an ICO's product.