Idena

Active
- Testnet is launched (Aug 2019)
- Listed on qTrade (Feb 2020)
https://idena.io/
Blockchain

The Idena blockchain is driven by proof-of-person consensus: Every node is linked to one single person with equal voting power.

Social identity

Idena based on the crypto-identity concept which does not require to collect or store personally identifiable information. The network proves the uniqueness of its participants by running an AI-hard Turing test at the same time for everyone around the globe.

Social mining

Total minting is capped at 51,840 coins per day. Half of the cap (50%) is mined while producing the blocks. The rest of the coins are minted during validation sessions.

Block reward: 6 DNA
Maximum number of blocks per day: 4,320
Mining cap per day: 25,920 DNA (50%)
Accumulating fund per day: 25,920 DNA (50%)
Total cap: 51,840 DNA

Token economics

There are the following cases for supply utilization:

20% of minted coins are frozen in stakes
Stakes of non-validated identities are burnt
Mining penalties are burnt
90% of transaction fees are burnt
1% of the minted coins are frozen in the zero wallet
100% of ad payments will be burnt

Governance

Onchain voting (one person=one vote)

Verified users
4012
Key people

Andrew Edi

Locations
Distributed
OpenUBI aware
Yes
Links
https://www.coingecko.com/en/coins/idena
https://scan.idena.io/
Blockchain explorer
Idena pitch deck
https://medium.com/idena
https://github.com/idena-network
Notes

https://www.coingecko.com/en/coins/idena