to be announced
What is Saola COIN
Saola COIN aims to disrupt the cryptotrading industry by lowering the barrier
to creating algorithmic trading models.
We built a platform for
The crypto trading Industry
Saolacoin envisions itself to be a pioneer in blockchain-technology in the future by becoming a platform for decentralized apps and improve integration and security which can handle a higher number of transactions per second, exponentially increasing the utility of the smart contracts for real-world use cases and applications.
Saolacoin inherits the fully decentralized architecture of Bitcoin but made significant improvements of its own in order to increase the scalability and stability of the network
This coin is currently mined openly with one block being produced every two minutes and each block’s rewards is 50 coins. The rate will remain unchanged for the next 80 years.
Problems & Solutions
More than $40 billion in assets were placed under restraint pending forfeiture, and more than 30
Liberty Reserve exchanger domain names were seized.
Different pieces of the new Internet are born as building blocks, but there's no way for them to work together.
Even interoperating new technologies with old centralised resources can prove useful in making the paradigm shift from Web 2 to Web 3 happen. Now we own our data, we can prove that we own what we have and have created it on different platforms, but how do we put it together into a whole new cohesive framework.
Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known.
In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers.
Terms of service are rules by which one must agree to abide in order to use a service.
Terms of service can also be merely a disclaimer, especially regarding the use of websites and mobile apps.
What Is a Whitepaper ?
A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.
The initial British term concerning a type of government-issued document has proliferated, taking a somewhat new meaning in business. In business, a white paper is closer to a form of marketing presentation, a tool meant to persuade customers and partners and promote a product or viewpoint, White papers may be considered grey literature.
Since the early 1990s, the term "white paper", or "whitepaper", has been applied to documents used as marketing or sales tools in business. Check out our whitepapers.
Saola Coin App
A cryptocurrency wallet stores the public and private keys which can be used to receive or spend
the cryptocurrency. A wallet can contain multiple public and private key pairs.
Open Source Software
Saolacoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
The Saolacoin Core wallet has built-in capabilities for mining; therefore, it is really easy to use the wallet to mine on your machine. The wallet will use your CPU to mine. As you might recall, mining is basically hashing of a candidate block over and over again until the result is smaller than the current difficulty threshold.
To mine with your CPU and Saolacoin Core, open up the wallet software:
1. Now click on the Help menu and select Debug Window.
2. Then click on the Console tab—the console will appear. Remember, to see a list of all available commands, type help and press Enter.
The command to mine with your wallet is setgenerate. The syntax of the command is as follows:
setgenerate <true|false> <number of cores to be used>
To start mining with only 2 core, type "setgenerate true 2"
How to backup Saolacoin Wallet
To do backup wallet simply go to the File > Backup Wallet menu and specify a location where you want to backup your wallet.
The file itself is called wallet.dat and is located in %APPDATA%\Saolacoin\wallet.dat on Windows systems, or in ~/.saolacoin/wallet.dat on Linux systems. You can manually back up the wallet by simply copying this file somewhere else, preferably to offline storage such as a USB drive.
Once you have made the backup of your wallet file, to Restore simply just copy Overwrite wallet.dat to located in %APPDATA%\Saolacoin\wallet.dat on Windows systems, or in ~/.saolacoin/wallet.dat on Linux systems.
Remember, always protect your wallet with a passphrase! There have been cases of people not remembering their passphrase, so make sure the passphrase is something you will never forget! There are trojan viruses out there that simply try to upload your wallet file to a remote location where hackers will instantly have access to your funds if the wallet is not passphrase protected. You can download from the links below :
Our product roadmap helps us share what we’re working on next and the direction that we’re taking our business in.
This helps us open up a practical dialogue with our customers and leads about what they want and need without giving away any top secret details.
Technical & strategy devlopment
Decentralized Finance (Defi)
Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively
at a rate which is defined when the system is created and which is publicly known.
The validity of each cryptocurrency's coins is provided by a blockchain. A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography.Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded
The block time is the average time it takes for the network to generate one extra block in the blockchain. Saolacoin blockchains create a new block as frequently as every two minutes.
Saolacoin was founded by group of software engineers,
who is a very early adopter of Bitcoin and strong believer of decentralized setting for financial transactions.
Years of combined experience
Years of blockchain experience
It is ordinary people with knowledge to navigate the cryptocurrency industry
and invest in one of the most disruptive technologies since the internet.
We provides answers to a list of typical questions that users might ask regarding Saolacoin
Have questions? We're happy to help.
Contact us with any questions regarding Saola Coin.
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