What is Linda Coin?
introduction
Linda Coin is a Masternode cryptocurrency. It provides fast transactions, multi-coin wallets, encrypted messaging and stealth addresses. The cryptocurrency has a market capital of $ 1.1 million, of which nearly 37 thousand dollars are traded daily. A Linda Coin is currently worth $ 0.0001. (As of 16.12.2017). On July 14, 2017, when the coin was launched, a coin cost $ 0.000041. On September 3, the cryptocurrency reached its all-time high of $ 0.00699 per coin.
Linda Coin – How it works
The coin works through a masternode system. Masternodes have the advantage that they consume less power than nodes, which means the software of a cryptocurrency using a proof-of-work algorithm. They also enable fast and secure transactions through networking. For the operation of a master node Node operators receive a reward in most cases. The masternode system makes it possible to carry out transactions in real time. In addition, developers of cryptocurrency offer so-called stealth addresses to increase the security and anonymity of users. In addition, users can use a messenger in which sent messages are encrypted. Masternodes can also be used to make grassroots decisions about the future development of the company. Each Masternode operator has one vote and can vote on applications submitted.Wallet , where multiple coins can be stored simultaneously. This wallet is available for Windows, MacOX and Linux. In the future, the developers also want to offer a web wallet for Android, IOS and Electrum.
Linda Coin – Technical Details
The Linda Coin is the whopping 70% block reward. The minimum staking age is one day. There is no maximum staking age. The maximum block size is 4MB, which makes coin-mixing possible. This is important to be able to offer stealth addresses. Every 15 months, the block reward is halved. Currently it is 14150 coins. The block time is 90 seconds. In total there should be 50,000,000,000 coins. The PoS algorithm is Skrypt. For the adaptation of the Difficulty, the developers use the DGW v3 algorithm, which means that the Difficulty is readjusted after each block. Interested parties need 30 million LINDA to run a masters’ class. The crypto currency is on the crypto exchanges Cryptopia, CCex, YoBit and CoinExchange available.
Conclusion
It is difficult to cryptocurrency LINDA other Masternode- crypto currencies to distinguish. The most salient feature is probably the high PoS Block Reward, which is around 70%. In addition, LINDA offers an Annual Percentage Rate of 99%. The masternode system was first realized by the crypto currency Dash . The idea was born because of the high cost of electricity, which due to the proof-of-work algorithm in Bitcoin – Mining arise. PoS algorithms make it possible to generate coins without additional mining accessories. This also means that the entire network is based solely on the computers that are in the network.
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