Introducing iQCash - a new cryptocurrency paradigm!iQCash introduces a new way to mine cryptocurrency - by solving iQ Puzzles. POW systems are either costly to the environment OR are vulnerable to 51% attacks.
POS systems are fast and efficient BUT lack a work element that humans can value.
POHW - Proof of Human Work - hosted on a POS system, SOLVES BOTH OF THOSE PROBLEMS.
The POS hosting platform provides the security - and the work effort expended increases the value.
iQCash is the perfect blend of two approaches to cryptocurrency implementation that
IS the future.
And then, on a higher conceptual level, iQCash brings many other benefits...
ABOUTFrom the Whitepaper,
http://iqcash.net/whitepaper/, iQCash "...has four primary goals:
- Serve as a highly accessible, exciting and fun entry point for newcomers into the word of cryptos;
- Become a new pathway to guided self-education for those with few other options;
- Enable a new means for individuals who are physically and/or socio-economically disadvantaged to earn their way out of the economic traps in which they find themselves; and
- Ultimately, create and encourage a new focus on and new incentives towards solving long sought mathematical, conceptual and scientific problems."
These four goals are incentivized through a simple challenge/reward system:
Solve an iQ puzzle => earn one iQCash.
Over 21 rounds, millions of iQ puzzles will be presented to users, gradually increasing in complexity as the rounds progress. At the same time, the number of puzzles available will gradually reduce.
Starting with 8 million easy puzzles, ultimately, in round 21, there will be just a single mega-puzzle (that actually may never be solved.)
TOKENSiQCash is hosted on the Waves platform and set at a fixed total of
21021021 tokens.
When searching for the iQCash/Waves pair on the Waves DEX, you can double-check the asset ID of iQCash which is:
2fiCMUZgBZHs7DtwjyTET8gyToNNX1X5r8zUaouqoztQ.
Please visit
http://iqcash.net/ to see what it's all about. Everything about iQCash is designed to maximize user-friendliness, because we want to ensure it's accessible to everyone - even people who would otherwise find it difficult to negotiate the world of cryptocurrencies.
iQCash has high ideals, and checks all the boxes in terms of maximizing price returns (limited supply, increasing difficulty and declining release amounts) but above all, it's just fun.
