Staking is a distributed consensus system that is used to confirm waiting transactions by including them in the POSYA blockchain. It enforces a chronological order in the POSYA blockchain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a block that fits very strict cryptography rules that will be verified by the network.
We as a team are developing the best mining facility which would provide returns to the investor for staking the coins in the ERC-20 wallets. Initial investment raised through ICO would be used to develop infrastructure, buy mining equipment and hire the best teams to run the most efficient and profitable mining farms. Scalable in nature, POSYA team is focused for a long term solution in the field of mining.
From the mining proceeds, ETHER would be distributed to the investors in a periodical manner. Investors can choose the smart contract period for the staking the coin. Once the contract is in place, the returns would be distributed to the investor starting from 3rd Month of token sale completion. Longer the period of the smart contract the more the benefit to the investor.
POSYA tokens would only be distributed through the ICO and unsold tokens are retained within the company for future use. Once the token sale is complete, the coins are distributed to the investor’s ERC-20 compatible wallet. For an investor to receive the profits in their ERC-20 wallet, POSYA tokens have to be in their wallet for the stipulated time mentioned during the contract. In any case that the investor breaks the smart contract by moving out the tokens, the smart contract terminated instantly.
This practice makes POSYA coins more valuable to the community and also creates confidence to the investor to hold the coins in their wallet.
Becoming a miner is not an easy process. First, suitable hardware has to be acquired and assembled, individual components carefully selected with an eye towards performance, power consumption, and price. The equipment then needs to be properly configured. This may involve not only determining and applying appropriate settings, but also more radical interventions, such as BIOS flashing. Third, suitable mining software must be obtained and set up. It must be noted that every currency requires different software and different settings. Once operational, a mining machine has to be monitored and maintained.
This includes tweaking its operating parameters, installing updates, troubleshooting problems, and so forth. On top of everything else, miners also have to worry about keeping their mines profitable. This can be quite a challenge with just a single machine—let alone with tens or hundreds of them.
We have created an engineering solution of highly efficient mining farms. Investments in this complete high-tech solution will give investors the access to the most flexible and reliable mining farm with the shortest payback period available on market.
Our farms have already been field-tested. We have established great connections with hardware manufacturers and have developed unique engineering solutions. Our two previous projects have proven to be successful and now we are sure in our ability to build on our success together.
Our farms use cheap electricity sources and can be placed as close to a power source as possible, paving way for increased mining efficiency due to lower, more competitive electricity prices such transportability would allow.
We have 2 fully functioning cryptocurrency mining operations to date
Profit share will be distributed automatically according to the share owned by the participant.
Blockchain technology builds credibility as it is managed on a distributed network.
Blockchain technology protects the Posya system. Transactions executed in smart contracts are invariable and data cannot be falsified.
Our website and forms have been penetration tested by a third party security assessment firm.
All of our social media accounts have been secured with 2-factor authentication and complex passwords.
We’ve built the token sale smart contract according to engineering best practice, and code has been reviewed.
For the purpose of the project, we issue Posya tokens and raise funds by Initial Coin Offering (ICO) using a cloud funding model.
Transparent and lowest fee. The users of bitcoin are being charged a high fee and have to wait for a long time when they make a transaction. Posya will minimize cost and time-consuming.
Posya stores the vast majority of the crypto asset deposits in an offline multi vault, which requires 5 out of 8 geo-distributed hardware security modules to open.
Posya’s proprietary order matching engine can process millions of orders with sub-millisecond latency. The whole system is designed to be fully distributed, highly-available.
Key information about the up coming token sale
During the first three months after the project starts, 10% of the POSYA team’s profits will be allocated towards POSYA tokens buyback that will ensure demand.