BitMart, a premier global digital asset trading platform will list Idena (IDNA) on April 1, 2022. For all BitMart users, the IDNA/USDT trading pair will be officially available for trading at 05:00 AM EDT.
What is Idena ?
Idena is the first decentralized sybil-resistant network of people connected by Proof-of-Person blockchain. Every node of the network is linked to a cryptoidentity — one single person with equal voting power and mining income. The Idena blockchain is driven by Proof-of-Person protocol, a novel way to formalize people on the Internet: Idena proves the humanness and uniqueness of its participants without collecting personally identifiable information by running a Turing test at the same time globally.
Unlike other plutocratic PoW/PoS blockchains where mining power, censorship and governance are concentrated in the hands of a few players, Idena nodes are equal, ensuring an even distribution of power needed to create DAOs with fair governance.
Why Idena:
- Idena makes mining of crypto accessible for everyonewith a smartphone or a computer connected to the Internet. Idena coin mining does not require GPUs, mining rigs or staking coins. To validate transactions, a validator needs to have a verified cryptoidentity and keep their node online.
- Idena is one of the most decentralizedhuman-centric blockchains with around 2k independent validators with equal voting power.
- Idena mining is sustainable and eco-friendly. The estimated overall power consumption of Idena network with 2k online validators’ nodes is around 96 kilowatts which is less than the Bitcoin network consumes.
- With smart contractson the way, Idena allows building a true decentralized censorship-resistant Web3 ecosystem.
The future landscape of the Web3 ecosystem is determined by how the cryptocurrencies are governed, minted, and circulated. Governance of the major PoW and PoS blockchains is a plutocratic nightmare fraught with whale and Sybil attacks. Proof-Of-Person blockchains fight back against centralization.
Imagine a decentralized Internet based on collaboration and crowdsourcing with services governed on democratic principles: mail, DNS, social media, advertisement, games, content storage – everything. On this Internet, the key role is given to people, not corporations, personal data is neither collected nor monetized.
Idena enables such a human-centric ecosystem that you can join now and where your voice matters.
Watch more about Idena: https://youtu.be/yLt4Xal16IU
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 5 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 800+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their Website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About Idena
Idena is the first Proof-of-Person blockchain based on democratic principles. Every mining node is linked to a cryptoidentity – one single person with equal voting power and mining income.To learn more about Idena , please visit their Website, follow their Twitter and join their Telegram.
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