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I D A P A Y
PoW and Masternodes
The latest addition to the industry,
our coin brings innovation and exciting new projects,
with a fast and secure cryptocurrency.
● W E B S I T E ●
idapay.website
● W H I T E P AP E R ●
Official IDA PAY Whitepaper
● E X P L O R E R ●
Official IDA PAY Explorer
● F A U C E T ●
Official IDA PAY Faucet
● A B O U T ●
IDA PAY ... The Cryptocoin Revolution !
We are glad to introduce our latest addition to the Altcoin community.
We are eager to bring new features that will not only profit our community but the entire industry.
Masternodes and miners:
Masternodes are a very important part of the network, they provide Core services to the whole community,
such as anonymization and decentralized governance.
Voting system:
From Day 1, we will be using an integrated governance proposal and voting system as we believe
it is important to have the community involved in all our projects, in the most official and democratic way possible.
RESEARCH & DEVELOPMENT:
This coin distinguishes itself by its exciting projects bringing many innovative ideas to the industry.
See our whitepaper for more information about our current R&D projects.
● E T H I C S ●
Community:
Everything we do is dictated by our community.
All decisions have to go through our integrated voting process.
Innovation:
The key behind our coin is to bring new features and disrupt the status-quo.
Stability:
Fast and secure transactions are core concepts that cannot be forgotten.
We pride ourselves in having a stable network that is made possible by all our current supporters.
● S P E C S ●
Ticker : IDA PAY
Max supply : 21 000 000
Coinbase maturity : 15 blocks
Target block time : 2.5 minutes
Block rewards = 18 IDA
PoW algorithm : X11
Masternode Collateral: 1500 IDA April 24, 2018, 06:05:13 PM
I D A P A Y PoW and Masternodes Greetings to everyone, Just wanted to give a quick update on where we stand and what our plans are in the short-term. GRAVIEX exchange: Although the price has been much lower than we would like; the positive side of all this is that there is between 5-10 MNs volume per day since we’re listed. This brings new people, new investors and new members to the community, that’s what we want. We can also see that dumping is almost over, I would advise everyone to hold and sell for at least 0.0001 BTC (0.15 BTC/MN). Current rewards: As you may have seen, the block rewards have been dropped by 10%, totalling 16.20/block (12.96/MN reward). This started with the governance system at block 17282. This will permit the community to vote on proposals to fund special projects. The devs DO NOT have access to this fund. We are currently running some tests on the testnet, we’ll release some more news soon. Masternodes.online fundraising: This is our next step. We need 0.2 BTC to list on MNO. At the moment, we do not have that. We think that listing on MNO will bring many investors and that will take the coin to new heights. We would like to start a fundraising campaign. We are open to any ideas, we are willing to sell MNs at reasonable prices. Our goal is 0.2 BTC, if we do not reach our goal, we will reimburse those who will have contributed. The Bitcoin - BTC address for any contributions is: 17XSmPG3VzE1CsoxiE3Hj81kneutB6GpGJ https://blockchain.info/address/17XSmPG3VzE1CsoxiE3Hj81kneutB6GpGJ The Bitcoin Cash - BCH address for any contributions is: qq2grs4xlw5q3nuqezm9vrt92hj7da6ndute728f2c https://bitcoincash.blockexplorer.com/address/qq2grs4xlw5q3nuqezm9vrt92hj7da6ndute728f2c The IDA PAY - IDA address for any contributions is: D2WiSK6Qs8qb4u7TxYnwKgctgKQM9EK8qq http://explorer.idapay.website/address/D2WiSK6Qs8qb4u7TxYnwKgctgKQM9EK8qq If you want to make donations in other cryptocurrencies, please let us know and we will be happy to add them ! Masternodes.online fundraising update: Donations are coming ! Thanks to whoever you are from the IDA PAY Team and from the IDA PAY community ! Goal percentage achieved: 40% Total Bitcoin - BTC Number of Donations: 3 Total Amount Donated: 0.07525166 BTC Total Bitcoin Cash BCH Number of Donations: 1 Total Amount Donated: 0.05 BCH Total IDA PAY - IDA Number of Donations: 6 Total Amount Donated: 131 IDA Updated rewards: We’ve been discussing among us and we think that increasing the rewards for MNs to around 45 IDA temporarily, at the same time as we list on MNO would bring even more investors. A lot of people guide themselves on MNO to decide where to invest and the number that is very important is the ROI, if we can get the ROI to around 2000-3000% at least for a few weeks, that will help convince more people to join us. On the other side, this can also cause inflation and thus bring more dumping after some time. This would only be done if we’re able to list on MNO. We would like the community to vote on this, we would like to hear all of you. Inter-blockchain atomic swap: We have been experimenting a lot in the past few days and we’re very close to a proof-of-concept. We will release some new announcements in the next weeks, we think you’ll all be very happy with the achievements. Conclusions: Again, thank you @everyone for your support. As I always say, we’re in this for the long-term. A lot of projects have been promising a lot lately, just to find that they were scams. I personally know a lot of people that have lost many BTCs on dead-end projects, where the developers have just ran away. I’m sure you all know some of them. We can promise you that we’re doing everything in our power to make this coin work not only for the investors, but because we believe in the premise and the vision of the project. We are always open to suggestions, we won’t be able to make it without ALL of you. For a fast response, support or informations, please join to our official IDA PAY Channel on Discord ! Join our official Discord group: https://discord.gg/XgPWEnu C o r d i a l l y , Jump to:
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