Linda Coin

Lindacoin 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 Lindacoin platform. As the Linda wallet technology evolves, we strive to simplify the processes of staking or masternode ownership as well as improve your overall wallet experience

Specs

Coin Name	Linda Coin
Abbreviation	LINDA
Coin Type	PoW/PoS
PoS Hashing Algorithm	Scrypt
Difficulty Retargeting Algorithm	DGW v3
Max Supply	30,000,000,000
Block Time	60 Seconds
Maximum Block Size	4MB
Minimum Stake Age	24 Hours
Maximum Stake Age	Unlimited
Port	33820
RPC Port	33821

Masternode

Lindacoin’s use of masternodes enables Linda to have unique features that are not possible in other cryptocurrencies. Our masternodes do the brunt of the work, sorting out blocks and managing peers. The Linda community will operate these masternodes to help keep the network flowing. Our masternodes perform all of the InstantX and private transactions, and are the heart of our blockchain. A masternode is simply a Linda full node or a computer wallet that stores the complete copy of the blockchain in real time. But, the central nodes are considerably different - they perform more functionalities to give Linda special features. One example of this is Linda’s extraordinary speed and instant transactions. This makes Linda transactions suitable for everyone. Some of the unique functions that these nodes perform are:

● Increasing the confidentiality of transactions

● Making instant transactions

● Participating in governance and voting

● Activating the budget and cash system in cryptos.

Masternodes have huge value in supporting the Linda network. They are part of what defines Lindacoin from all of the other cryptocurrencies. Making Linda more efficient, and more prepared for the future.

*A masternode requires 2 million Linda Coins emissions rate set to 96%.

One Click Masternodes

Linda’s new mobile wallet and mobile app offers a turnkey solution, changing the dynamic of which masternodes are implemented to the user. It is now easier than ever for the Linda community to get involved in operating a masternode. Currently, masternodes are extremely difficult to set up unless you’re technically experienced and leads to users potentially missing out. TurnKey options are masternodes that are already set up for the user.

*This is for users who wish to have a more hands off approach to operating masternodes.

Staking

Proof of Stake (PoS) is a type of consensus algorithm for public blockchains. It ensures all wallets have a consensus on all transactions. It also weighs the economic stake of each wallet, so the more LINDA a wallet has, the more it will have a say in the public blockchain. Unlike Bitcoin, where the algorithm rewards participants who solve cryptographic puzzles (Proof of Work), Linda uses the PoS system. Each wallet votes on the next block and the voting weight of each validator depends on the amount of LINDA they hold. One of the significant benefits of a PoS system is the energy efficiency. Instead of wasting huge amounts of energy to mine coins, Linda is a more eco-friendly coin, which means it is more likely to be adopted in the future. Also, a PoS algorithm reduces the chance of centralization. Other coins are likely to be centralized as all their miners are controlled by a few people, but this is not possible with Linda. Finally, a PoS algorithm increases security. Linda allows all wallets to get involved in staking. By simply holding your coins in a wallet, Linda will automatically stake your coins for you. Staking helps Linda stabilize the blockchain and will help Linda verify transactions.

*Linda stake emissions rate set to 68%.