Topic: Lava - Zcoin POS fork - Planned Avalanche implementation (Read 123 times)

Lava - Lelantus + Avalanche proposed protocols

Join Discord group: https://discord.gg/YV2tNb5
Join telegram group: https://t.me/LavaANN

Giveaways
Get free Lava Here: https://t.me/LavaMoney_Airdrop_Bot
20 Lava for tasks + 20 per referral

Also, you can register at the official Lava faucet and get 25% total referral comission at https://lava.money/

Bounties:
Check Discord: https://discord.gg/YV2tNb5

Lava Forum and Updates: http://lava.money/forum

Lava is Private, Scalable Money - A customized Proof of stake fork of Zcoin that will implement the novel Avalanche protocol to enable Mastercard and Visa level Transactions per second and 1 second settlement.

Lava's Potential and some of it's history: https://lava.money/forum/showthread.php?tid=26

Lava Github release: https://github.com/Lavacorteam/Lava/releases/tag/v0.13.8.11

Coin specs
Name: Lava
Ticker: LAVA
Blockchain: Custom Cryptocurrency, forked from Zcoin
Consensus: POSv3
Privacy Protocol: Sigma Protocol (by Zcoin)
Total supply: 1,000,000,000 Lava
Utility: Private, secure and scalable money
Premine: 100,000,000 Lava (10% of total supply),
of which 50,000,000 Lava (5% of total supply go to seed investors)
Block reward: 50 LAVA
Block time: 2 minutes
Block size: 10 MB
Inflation: 9.52 times lower than Bitcoin's (For example bitcoin had about 100% inflation it's first year while we have 13%)
POS block reward: 15 per block (30%)
Lava DAO Treasury block reward: 35 per block (70%) Due our low inflation this is equivalent to a ~7% development
on other projects which decreases each year. Your holdings get inflated ~7% the first year but the return on capital gains and value is exponentially higher then the 7% you get diluted.

Planned implementations:
Avalanche consensus: 1 second transactions, attack resistance, doublespend proof (attackers lose their coins if unsuccessful), scalability (thousands of transactions per second).
Lelantus (from Zcoin): Direct Anonymous payments. Requirement: hire specialized cryptographers and pay for code audits.
Lease Proof of Stake: Let someone else stake for you and split the rewards. Allows smaller stakers to join their stake with others trustlessly, or can allow one to stake safer by leasing your coins to a VPS.
On-Chain Governance: On-chain Lava DAO with voting according to stake
Exodus (from Zcoin): Digital Private Assets

Exchanges:

Southxchange:
https://www.southxchange.com/Market/Book/LAVA/BTC

Altmarkets.io
https://altmarkets.io/trading/lavaeth#
https://altmarkets.io/trading/lavabtc

Coinpaprika:
https://coinpaprika.com/coin/lava-lava/


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