First, I would like to start with a little introduction about what is Linda Coin
Linda coin:
Linda coin is a peer to peer hybrid digital currency. It creates utility products that allow Linda to be used in everyday scenarios. It also offers partnership opportunities to other cryptocurrencies to use the Linda coin platform.
Linda coin’s belief is to provide a highly competitive reward structure to compensate early investors of Linda coin. It takes advantage of Proof-Of-Stake (PoS) and Proof-Of-Work (PoW), giving it the best of both worlds. It has more than 70% PoS block rewards and 99% APR. Linda’s PoS algorithm allows Linda to manage supply and demand automatically and to establish an equilibrium that rewards Linda investors with more coins without hyperinflation.
Linda coin also utilizes a “Master node” which ensures lightning fast secured transactions, multi-wallets, encrypted messaging, and stealth address for complete anonymity. Master nodes enable instant transactions in a fraction of a second, thereby making those transactions suitable for everyday use. Furthermore, they allow Linda coin to have a privacy option. This allows transactions to be completely anonymous, a broadly desired feature of cryptocurrencies.
Linda coin will be at the forefront of technological innovation in payments, combining the most robust cryptocurrency network with powerful social network effects. The technology behind Linda coin, as a system, guarantees its independence, security, and scalability. We believe that Linda coin has the potential to compete with established salient global payment systems.
Linda Coin Features:
The coin offers all the following features listed below:
• Over 70% pure PoS block reward phase
• Master nodes to make transactions instant
• 50% block rewards for master nodes
• Stealth address for security and anonymity
• Hot swaps and Atomic swaps capability with in wallets
• Encrypted messaging system
• Multi-wallets for Windows, Linux, and Mac OS X
• Web wallets, Android wallet, iOS wallet, and Electrum wallets are all listed as “coming soon”
• Master nodes get 50% of the block’s total mining reward
• Max supply of 30 billion Linda Coins
• Block reward halving every 15 months
• Yearly interest of 99% (99% APR)
• 60 second block time
• POS hashing algorithm: Scrypt
• DGW v3 difficulty retargeting algorithm
There are more than 1600 alt currencies and tokens out there and what makes Linda coin a unique and hot project among all others?
• First Mobile staking wallet to be implemented in this crypto space is by Linda coin called my staking wallet, and also the first one to be listed on Apple app store and Google store
• Linda also have web wallets like Mynodepool( web wallet) and Altitude wallet( Electron wallet moving away from outdated QT wallet) and plenty of other POS coins has partnered with Linda coin to get their coins hosted on Linda Project platform
• Get massive airdrops of Linda Project partnered coins just by holding Linda and LindaX with in your wallets, currently it has partnerships with following POS coins within web wallet mynodepool: COLX, EPIC,NLX,RPD,SHARD,SEND,USX,VULC and many more to come in future.
• Linda X Token Platform creation by Linda team which will help enterprises to launch their own utility tokens, and Linda already have partnerships with E gaming sports firms like pro battle league and battle 7 Token
• Linda X can be bought only by Linda Coins to have a self-sustaining Eco-system for all holders and contributors of the Lind coin and LindaX networks
• Linda/Linda X base pairs already on ShardX exchange and many more exchanges coming soon
• Linda has partnered with Vendit Exchange and Whooper.io, and you can get Linda VISA cards and spend your Linda at stores, recently vendit has added Uber credits to their platform, so you can spend your Linda staking rewards on Uber, and many more to come in future
• Recently Linda coin has partnered with Seattle gummy, you can purchase gummies here by using your Linda coin, they make gummies that perform, Seattle Gummy Company's pharma-grade precision-formulated gummies are highly effective and taste great
My staking Wallet:
As Linda Coin got both flavors of the proof of stake (POS) and proof of work (POW), but Linda advocates POS to reduce the carbon foot print, and has developed its own wallets for users to stake their Linda Coins
The greatest achievement I would say for Linda coin is implementation of My staking wallet, which can do the mobile mining, you don’t have to rely on ASIC machines or desktop hardware for staking and mining rewards anymore
Imagine you receiving daily staking dividends right to you on your Apple smart watch while you are watching TV with your family
My staking wallet is the first mobile wallet app to be listed on Apple and Google store, some of projects like Electroneum (ETN) and Cloak coin which I admire also tried to do mobile mining and still their work is under progress
Electroneum (ETN) has changed its direction and launched its own phone which can do the mobile mining
Linda X Token Platform:
The launch of the LindaX platform is not only revolutionary for Linda, but for the entire cryptocurrency market. But as the Linda team creates a new coin, many are worried that LindaX will draw focus away from Linda. This will never happen, as Linda will always be an integral part of LindaX, and these two cryptocurrencies are fundamentally linked.
LindaX was built to enhance Linda’s multiple use cases, not to take away from Linda. That’s what we’ve designed it to do. Through the multiple links we’ve established, we can make sure that LindaX and Linda will always be supporting each other.
LindaX’s Shared Treasury Fund.
The Linda used to participate in the ICO will be stored in a team treasury for a variety of applications such as chain development, company acquisitions and partnerships. Continuous project updates will be highlighted and posted via official monthly reports.
We know that listing Linda and Linda X on some of the most established exchanges has become a requirement to maximize user scalability and global decentralization.
Linda X promotes a decentralized governance where all network participants have the ability to view the lead organizations treasury to validate chain ethics. Network participants will also have the ability to actively participate in decisions made keeping the communities overall end goal in mind.
LindaX’s Exchange Pairings.
The Linda team has chosen to limit the exchange pairings for LindaX in the short term. Currently, you will only be able to purchase LindaX with Linda. (LX/LINDA) This is to ensure a vital link between the two currencies.
When LindaX grows to become a major token platform, Linda will benefit through its trading pair. Since so many people will be purchasing LindaX, they will also need to purchase Linda to get access to LX. This creates a huge demand for Linda, driving the market cap of Linda up.
Furthermore, tokens that are on the LindaX platform will automatically have exchange pairings to LINDA and LX. Once again, this creates a new demand for Linda coin.
LindaX’s exclusive trading pairs reinforces the central idea behind creating LindaX. LindaX is designed to be a new use case for Linda, and the pairings reflect that.
LindaX’s Token Development.
Since corporations will be receiving help from the Linda team to create their token, there is a fee involved in listing a token on LindaX. This fee must be paid in Linda. This brings two major benefits to Linda.
First, this creates more demand for Linda as Fortune 500 corporations will be buying Linda. When there is more demand and competition for Linda, this increases the market cap, and Linda will benefit greatly.
Secondly, when the fees are paid, the Linda will be put in the treasury fund. The funds that LindaX raises from listing tokens will go back to helping the development of Linda.
References:
https://lindacoin.com/pdf/Lindacoin-Whitepaper-current-version.pdf
https://lindax.network/pdf/LindaX_Whitepaper-Full.pdf
https://www.linkedin.com/pulse/how-linda-benefit-from-x-jonah-glasgow/
https://twitter.com/Lindaproject
https://twitter.com/LindaXNetwork
https://twitter.com/MyStakingWallet
https://twitter.com/mynodepool
https://discordapp.com/channels/395933744751443978/468402947018194954
