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12pt]aRIA Currency - a Super Fast, peer 2 peer Electronic Cash System with a very low transaction fee. Be your own bank with full control of your digital assets. Or just hold for passive income.
TECHNICAL DETAILS
Block Time
A new block can be completed in 60 seconds, making it more than 10 times faster than Bitcoin and much cheaper on gas than Ethereum. An exponential difficulty adjustment algorithm is used, leading to more predictability and less spikes in block times.
Cold Stake Delegating
It allows the creation of staking pools where users don’t need to find a block to get rewarded. The pool operator collects all the rewards, subtracts his fee, and then redistributes the remaining part across all stakers, percentually based on the amount of delegated coins. This prevents centralization which might happen once aRIA price goes up, and ensures further network decentralization, allowing the small stakers/investors to receive staking rewards on a daily basis to their mobile wallets for daily spending, while their staking coins are being safely stored on a hardware or offline wallet. (Cold Staking has now been implemented as of March 20 2022.)
Advanced Qt wallets
aRIA Full Node QT Core Wallets are available in Windows, Linux and iOS. In the near future, we will development mobile apps and web based wallets that you will be able to use for instant retail transactions and exchanging your currency.
Always Up to Date
New features and fixes are continuously developed by the Bitcoin community and aRIA will be merged with those so that development will be in sync for life.
Block Rewards
The current Block Reward is 0.35 RIA / block. The last block will be at 27,142,858 in about the year 2071.
Improved P2P and POS
More stable, faster, less network bloat, reduced redundancy, and less resource consumption than Bitcoin or any other cryptocurrency.
Coin Staking Maturity
It takes 100 blocks for the newly minted coins and stake to mature. Coin Staking can only occur once the coins are fully mature. The average reward emission per year is 183,960.
SPECIFICATIONS
- Total Supply: 10 Million
- Block Reward: 0.35
- Reward Maturity: 100 blocks
- Consensus Algorithm: SHA-256
- First consensus: