back in 2014 Dash invented masternodes and presently there are many popular coins utilizing masternodes technology such as PIVX, Zcoin, SmartCash, GINcoin and among the list there is besides a mint named Lindacoin. The Linda stick out was launched in July 2017 and like every other cryptocurrency Lindacoin hit an all time high price during the early 2018 bull run. even though the price is not conclude adequate to what we saw an year ago the stream daily trade volume of Lindacoin seems thoroughly. There is quite an active community behind this mint. besides the masternode community much quotes that Linda coin is undervalued. sol is this the top masternode and staking cryptocurrency in 2019 ? Let ’ s find out .
here in this beginners guide let ’ s see what Lindacoin is ? We ’ ll explain all of the coin features and specifications. besides along with that we ’ ll parcel all the useful links and we ’ ll besides show you how to setup Lindacoin wallet .
What is Lindacoin (LINDA)?
Lindacoin is a decentralized, fast, anonymous and plug cryptocurrency. Earlier when the undertaking was launched it was a loanblend PoW / PoS coin. The soap supply of the coin was 50 Billion and it was using Scrypt as a Proof of Work algorithm which was only ASIC mineable. But later Lindacoin reduced the maximal coin supply to 30 Billion and besides wholly transitioned to Proof of Stake. now it is a peer to peer Proof of Stake cryptocurrency featuring masternodes. The current marketplace cap of this mint is over 5 million USD and has a daily trade volume close to 100k USD which is adequate for a abject cap altcoin. very well ! But what is this project all about ?
Lindacoin is a project that works towards solving crucial problems with the cryptocurrency community. One of the biggest problem is adoption and using crypto in our day to day lives. Linda plan tries to solve this by creating utility products that allows Linda coin to be used in everyday scenarios. It besides offers partnership opportunities to other projects to use Linda platform. ultimately Linda coin tries to improve the overall wallet know and simplify the procedure of staking & masternodes .
Before we see some of the concern features of Lindacoin let ’ s get down to know the ground-breaking products which Lindacoin developed .
My Staking Wallet
My Staking Wallet is a product by Lindacoin which was launched on June 2018. It is a multi-currency wallet that is available as a world wide web wallet and is besides available for android and IOS mobile users. My Staking wallet is a simple application that provides enormous features. It has high level of security and besides supports multiple cryptocurrencies. Since this wallet is focused on simplifying masternodes and staking it only supports those coins that which utilizes PoS and masternodes engineering. Following are the list of coins that this wallet presently supports .
Linda, Shard, Electra, USX, ColX, Social Send, Vulcano, Epic, NulleX, Maxcoin, Rapids, Dash, PIVX and QTUM .
This application is drug user friendly and it makes the process of running masternodes and PoS nodes childlike. One can well earn rewards and manage their masternodes directly from their mobile app. Plus to run masternodes you don ’ t have to go through the fuss of setting up server. besides to manage masternodes you don ’ triiodothyronine require any technical cognition. The wallet removes all the complicated procedures. In just few minutes and in good a few clicks you are ready to receive passive income from coins which you choose to invest in .
My Node Pool
similar to My Staking Wallet, My Node Pool is another product by Lindacoin. It is not a wallet but a pool for staking and operating masternodes of Linda and other crypto coins. At current monetary value the value of Linda masternode costs close to $ 1000. If you are truly interested but can ’ metric ton yield a masternode then My Node Pool is for you. This services allows everyone to be part of Lindacoin masternode. You don ’ t have to go through the fuss of running VPS and you don ’ t have to invest any specific sum to run masternodes. It welcomes both big and humble investors. It uses the baron of compound weight to improve your returns. By working together you ’ ll experience bigger stakes sooner .
In addition to “ My Staking Wallet ” and “ My Node Pool ” there is one another product from Lindacoin called Linda X Network or Linda X platform. It is presently under development and is a token exploitation chopine designed for clientele enterprises .
One of the biggest feature Lindacoin incorporates is masternodes technology which Dash invented in the first place. Using the power of masternodes Lindacoin brings in so many extra features to its network. Some of the main features of Lindacoin includes :
Lightning fast transactions – Using the masternode network people are able to send Linda instantaneously .
Stealth transactions – Linda provides an choice to send transactions encrypted over a guarantee network or over unconstipated blockchain which gives more security and anonymity .
Hot / Atomic swaps – With this compatibility people are allowed to trade without the hindrance of an exchange .
In addition to the above some of the early features of Lindacoin are multi-wallet support and encrypted message arrangement. besides since it operates masternodes ; features like administration, department of the treasury system might be introduced to the Linda blockchain in the future .
Since most of the Lindacoin features are powered by masternodes the honor that masternode operators earn is besides higher. To operate a masternode you need to hold 2 Million Linda coins. We know its high. The reason why the collateral total is excessively high is because the Linda developers wants to make surely that no one abuses the network by setting huge amounts of masternodes .
okay ! Since we ’ ve covered enough about Lindacoin, its products and its features lets now take a count at its technical specifications and get into wallet setup template .
Technical Specifications and Links
- Coin Name: Lindacoin
- Ticker: LINDA
- Coin Type: Proof of Stake
- Max Coin Supply: 30,000,000,000 LINDA
- Block Time: 90 Seconds
- Difficulty Algorithm: Dark Gravity Wave
- Masternode Collateral: 2,000,000 LINDA
- Block Reward: 14150 LINDA
- Masternode Reward: 3200 LINDA
- Staking Reward: 50%; Varies depending on Coin weight and age
- Minimum Staking Age: 24 Hours
- Block Reward Halving: Every 15 months
- Maximum Block Size: 4 MB
- Premine: 10%
Read more: Pachinko Tokens FOR SALE!
Website : hypertext transfer protocol : //www.lindacoin.com/
Blockchain Explorer : hypertext transfer protocol : //lindaexplorer.kdhsolutions.co.uk/
Lindacoin Whitepaper : hypertext transfer protocol : //lindacoin.com/pdf/Lindacoin_Whitepaper_v2.1.1.pdf
Bitcoin Talk Announcement : hypertext transfer protocol : //bitcointalk.org/index.php ? topic=5096898
My Staking Wallet : hypertext transfer protocol : //mystakingwallet.com/
My Node pool : hypertext transfer protocol : //mynodepool.com/
In addition to Mobile multi mint wallet ( My Staking Wallet ) ; Lindacoin besides offers desktop wallets which is available for Windows, Mac angstrom well as Linux .
If you are looking for light weight wallet then use mobile wallet which is available on Google Play ( for android users ) and Apple App Store ( for IOS users ) .
Apple Store: hypertext transfer protocol : //itunes.apple.com/us/app/linda-my-staking-wallet/id1404883927 ? mt=8
Google Play: hypertext transfer protocol : //play.google.com/store/apps/details ? id=com.mystakingwallet.app
Download the My Staking Wallet app to your mobile and start staking your coins today
if you want more control then we recommend you to download the background wallet. There are 2 types of desktop wallet
- Lindacoin Altitude wallet: https://github.com/TheLindaProjectInc/Altitude/releases
- Lindacoin core wallet: https://github.com/TheLindaProjectInc/Linda/releases (Command line wallet)
The Altitude wallet is the wallet of choice for Lindacoin and the other one is dominate line wallet. For beginners we recommend using Lindacoin Altitude wallet .
head to the GitHub page and download the allow wallet software. once download run the apparatus file and complete the wallet initiation .
Upon opening the wallet you ’ ll notice that the wallet has a nice looking interface. evening though it looks quite different than the regular wallet none of the functionalities and features are changed. It is like to Bitcoin core and to know how to use this wallet we suggest you to go through this beginners guide on core wallet .
now since you ’ ve completed the wallet frame-up you need coins to start staking Linda coins .
Buy / Sell Lindacoin – Exchanges
At the time of writing this article the price of Lindacoin is 8 Satoshis. It is available for trade wind at the following exchanges. IDAX, Yobit, Coin Exchange, Graviex, C-CEX, BTC-ALPHA, Simple Swap, Bitflip and Nanex. however among this tilt IDAX seems to have the most volume. immediately before you buy Linda here are few thoughts about this project .
There are over 2000 cryptocurrencies and everyday several newly altcoins are being launched with better features. Out of this 2000 coins Lindacoin presently ranks at 400 according to CoinMarketCap. now Lindacoin is a fork of Dash and is an clear reservoir peer to peer community mint that uses masternodes to ensure fast and secure transactions. even though it has developed products like “ My Staking Wallet ” and “ My Node Pool ” the substantial use case and the main focus of Lindacoin seems to be running masternodes and earning impale rewards. There is nothing new about this stick out as of immediately and note that there are a lots of cryptocurrencies focused on masternodes.
besides be aware that the developers of this mint had a premine of 10 % of sum provision. It is actually 5 Billion LINDA coins when the original soap provision was capped at 50 Billion coins. When asked the development team stated that the 5 Billion coins was premined by the former team and they do not have access to the premined coins anymore .
Whatever ! One thing what we noticed about this project is that the developers are active and the community is super supportive. If you got any questions or issues in setting up masternodes then seek community help. They will get you sorted immediately. besides Linda has partnered with several big coins and besides teamed up with crypto payment net called whirl give. Could this be a huge likely ?
Well first of all the above article is not a fiscal advice. It is just a beginners guide to understand Lindacoin. Apart from Linda there are many other abject cap altcoins with active growth which we ’ ve covered in the past. not all of them were successful. With that said it ’ s your duty to decide whether the investment will be worth or not. Always do your own inquiry before investing and remember that cryptocurrencies are highly inquisitive .