Aug 22, 2018
QOVARCOIN is a decentralize crypto currency that is created on the proof of stake concept Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins he or she holds . This means that the more Bitcoin or altcoin owned by a miner, the more mining power he or she has. The proof of stake was created as an alternative to the proof of work (PoW ), to tackle inherent issues in the latter. When a transaction is initiated, the transaction data is fitted in to a block with a maximum capacity of 1 megabyte, and then duplicated across multiple computers or nodes on the network. The nodes are the administrative body of the blockchain and verify the legitimacy of the transactions in each block. To carry out the verification step, the n des or miners would need to solve a computational puzzle, known as the proof of work problem . The first miner to decrypt each block transaction problem gets rewarded with coin . Once a block of transactions has been verified, it is added to the blockchain , a public transparent ledger. Qovar (Qc) is a community-led coin that has 70% of its development completed before its website is launched. The purpose of doing this is to create the next bitcoin meant to eradicate feeling of being left out, feeling of animosity and to give the CPU and desktop holder a chance to use his laptop and phone and gadgets in a more decentralize way. With BTC about to be mi ed to a closure of 21 million coins, all CPU and mining gadgets usage are going to be focused on other decentralized coins w hile just a percentage of them will still stick to transaction backup.
Benefits of Qovar Coin (QC) * Qovar Is going to give 0.3 Coins to first 1000 free signup members*Referral Bonuses 3 percent Direct referral bonus During ICO *Claim Free Coins To claim free coins we will announce date in the last last week fo ICO
Exchanges will be added in October
10% per year
Qovar fork will be In january 2019
Qovar has his own Blockchain
Windows,Linux and Mac wallets are out
Andriod and iOs wallet be available soon
Web wallet will be available soon
Blocks Time 5 Minutes
Transcation fee 0.001
Attention. There is a risk that unverified members are not actually members of the team
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