IQ.Cash is one such large-scale blockchain project that offers an equal opportunity for investors, traders and miners. This blockchain project aims at providing users instant anonymous online payment along with other investing opportunities.
Features
IQ.Cash is a blockchain platform the main task of which is to provide instant anonymous online payments and investing. IQ.Cash splits its block reward 57% to Masternodes, 43% to Miners and 6% is reserved for Best Traders project (DAO). IQ.Cash uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. IQ.Cash creates a hybrid coin/token cryptocurrency which includes 80% coin and 20% coin/token (Crypto Depositary Receipt). Investors will be able to exchange IQ receipt to IQ.cash with no limit on a 1 to 1 rate starting October 1 and get passive income from coins (ROI 500% according to the 1st of August). Miners can exchange IQ.cash to IQ receipt and get access to the maximum amount of crypto exchanges and sell their coins to investors.
The IQ.Cash blockchain platform uses a mix of Proof-of-Work (PoW) and Masternode technology suitable for miners and investors to generate some income stream. The IQ.Cash platform splits its block rewards – 57% allocation to masternodes and 37% to miners. The remaining 6% is reserved for DAO that will be used to finance projects in trading.
For example, traders can trade the IQ token on several cryptocurrency exchanges in the market. In such a case, 6% of block rewards shall be used for website developments, software developments, startups, algorithmic trading systems and the overall improvement of IQ.Cash ecosystem.
IQ.Cash’s reward distribution mechanism
As stated, the IQ.Cash blockchain network distributes block rewards and profits to the miners and masternodes. It also keeps a small portion of other project development costs.
The miner rewards are the rewards distributed to the miners for adding new blocks or approving the transactions to the network. The other rewards are Masternode rewards given to MasterNode owners.
Anyone can become an IQ.Cash masternode owner by depositing 3000 IQ tokens as commission. The Masternode are majorly like the normal nodes that look after the smooth functioning of the network, however, with the additional responsibility of server assistance and server security. It also looks after network integrity, anonymity as well as the speed of transactions.
As per IQ.Cash, a masternode owner can make 350-400% profits on the investments made. One can become a masternode by following five simple steps.
· Purchase 3,000 IQ or better 3,001. The extra 1 IQ token will be spent on the transaction commission
· Download the Flits App (Android or IOS) for the mobile device.
· Open an IQ.cash coin wallet in the app.
· Put 3,001 IQ into the wallet and create a MasterNode server and a deposit
· Pay the hosting provider service fee at Flits that costs EUR 1.99 per month
Users can use the profits generated for their own need to even re-invest them to purchase more masternode to increase and multiply their income.
Key Features of the IQ.Cash Blockchain system
· Security: The IQ.Cash blockchain platform assures absolute security to its users. The user account can be accessed by the owner only as no one can block their account or access their funds.
Besides, the users don’t need to worry about any third-party access to data. The system encrypts complete data while transferring and receiving assets.
· Anonymity: The IQ.Cash blockchain uses the PrivateSend algorithm that helps users to have completely anonymous transactions.
· ASIC Resistance: Technology that uses ASIC often faces the issue of network complexity during significant acceleration and growth. The IQ.Cash network solves this problem by using the NeoScrypt algorithm.
· High Transaction Speed: The IQ.Cash facilitates high-speed transactions through the instantaneous exchange of data across the network using its InstaSend. The network facilitates transactions in just under 5 seconds.
· Decentralization: The platform provides absolute decentralization while preventing websites that have absolute control
Benefits of the Platform
1.Highly Rewarding
Like I said earlier, the platform offers high returns on investment as Investors with more than 3,000IQ expect an income of about 57% from the block while crypto miners expect 47% from it. This makes the platform really worth trying and using.
2.Highly Secure
IQ.Cash, like other block-chain-powered crypto platforms, is very safe and secure. With IQ.Cash, accounts of users can never be altered or blocked by anyone or thing. No intruder will be able to access data, funds or assets. In fact, no other person on the platform can access your data or funds except you, the owner.
3.Provision of MasterNode (Multi-exchange platforms trading)
With the use of algorithms concensus (PoW) and the MasterNode Network Support, users of IQ.Cash Platform will be able to trade their IQ on various cryptocurrency exchanges. This feature makes it possible for the platform to be able to offer such huge profit to investors and miners who hold this masternodes.
However, in order to get MasterNode and earn such huge returns as an investor, you need to invest up to or more than 3,000IQ. In addition to that, MasterNode Network gives high integrity, privacy of transactions and high transactions speed.
4. Anonymity or Confidentiality
With the introduction of Private-Send algorithm into the platform's structure which provides privacy or anonymity of transactions, users can be rest-assured that they can have complete trust in the system's security. Users don't need to be anxious about 3rd party access to their data, as their data is securely encrypted by the system whenever they are transferring or receiving their funds. They do not need to worry about privacy because it is settled.
5. Speed of Transactions
One the aims of IQ.Cash platform is to achieve an extremely fast transactions speed. Speed is very important in any form of trading and making of payments because it affects every other aspects of productivity in the long run. IQ.Cash provides the speed users desire. They ensure this through 'InstantSend' feature (Instantaneous Data Exchange). On the platform transaction time could be as low as 5 seconds.
6. De-centralized
The platform is de-centralized, that is, there is no central body controlling users' data. It is a distributed network. There's is no dominant, central controller on the members of the platform. This is known as decentralization.
IQ.cash Roadmap
2018
IQ.Cash was created
Listing on Cryptopia, CryptoBridge
Developed native application for Mac, Linux and Windows
2019
Listing on Crex24
Payment acceptance for TradersFair and CryptoExpo exhibition services
Promotion for events
2020
Listing on HitBTC, BitForex, Bithumb Global, Consbit, Mercatox, P2PB2B
Cooperation with StakeOfStake, Flits, Gentarioum, zCore, Simple Pos Pool
Created a mobile wallet for Android / iOS
Plans:
Listing on KuCoin, BitFinex, Bitrex, Exmo, Indodax, BitBay, Gate.io, BINANCE
Development of a mobile application for creating masternodes and IQ payments
Integration of payments in vf.sg, TradersFair, Millionaire Club, Millonaire Bazaar and Masters.Money
Token Information:
Block time: 120 Secconds
Reward Per Block : 25IQ
Block Reward Distribution : 57% to Masternodes and 43% to Miners, Both fetched from (reward-6%) Formula, Where 6% is reserved for DAO system.
Block reward get sliced by 12% each year
Maximum Coins : 56,90,00,00IQ
Premine : 79,00,000IQ
Mining out in : 25 Years
Masternode reward starts with 100 block height.
Confirmation : ~5 seconds
For more information please visit:
· Website : https://iq.cash/
· Discord : https://discord.gg/qekuX6r
Github : https://github.com/IQ-Cash/iqcash/releases
Youtube : https://www.youtube.com/finexpo
ANN thread : No links to other forumsindex.php?topic=4360591
Twitter : https://twitter.com/IQ_Crypto
Telegram : https://t.me/IQ_cash
Bounty : No links to other forumsindex.php?topic=5240221.0
Wallets : https://iq.cash/
Explorer : https://explorer.iq.cash/
Author:
· BTT Name : rezaanahviII
· Profile link : No links to other forumsindex.php?action=profile;u=2661939