Why Linda V2?
You may be asking, why Linda V2? What changes have been made? and how does it affect my usage of Linda.
For the release of V2 we at Linda have decided to expedite our roadmap. Originally we had anticipated to see the price for a masternode drop by Q4, but we have achieved a level of success equivalent to Q4 already just in Q2, and so we have made the decision to push forward the masternode price decrease to 2 Million Linda for a masternode.
Dropping the price for masternodes has been a long heated discussion, but we have come to the conclusion that dropping the price significantly will have nothing but good effects for the blockchain. Transactions will happen faster, and confirmations will also happen faster. This will also open the opportunity for people to join the market from many financial statures and become contributors of a node in the blockchain. LindaV2 Website
We are also going to be significantly reducing the total supply of Linda coin in order to keep price and inflation in check. Lowering the total supply will drive a price increase by creating healthy competition within the trading sector of our coin.
LindaV2 will be dropping the coin total supply without affecting users Linda coin levels by implementing a sophisticated Coin Emissions system set in place. This will allow us to place emissions on 2% of every PoS reward, and 3% for every PoW reward. This will allow us to slow down the production of coins heavily, without any direct effect on people’s personal coin supplies. The new masternode pricing, PoW and PoS reward emissions coupled with increase of transaction fees will have a significant effect on coin production, and provide a long-life solution to inflation.
Law of supply
The Law of supply is a fundamental principle of economic theory which states that, Keeping other factors constant, an increase in price results in an increase in quantity supplied. In other words, there is a direct relationship between price and quantitye intercept along the Y-axis and b is the slope of the line.
When technological progress occurs, the supply curve shifts. For example, assume that someone invents a better way of growing wheat so that the cost of growing a given quantity of wheat decreases. Otherwise stated, producers will be willing to supply more wheat at every price and this shifts the supply curve S1 outward, to S2—an increase in supply. This increase in supply causes the equilibrium price to decrease from P1 to P2. The equilibrium quantity increases from Q1 to Q2 as consumers move along the demand curve to the new lower price. As a result of a supply curve shift, the price and the quantity move in opposite directions. If the quantity supplied decreases, the opposite happens. If the supply curve starts at S2, and shifts leftward to S1, the equilibrium price will increase and the equilibrium quantity will decrease as consumers move along the demand curve to the new higher price and associated lower quantity demanded. The quantity demanded at each price is the same as before the supply shift, reflecting the fact that the demand curve has not shifted. But due to the change (shift) in supply, the equilibrium quantity and price have changed.
Algebra of the supply curve
Since the demand curve shows a positive relation between quantity supplied and price, the graph of the equation representing it must slope upwards. If the supply equation is linear, it will be of the form:
P = a + b Qs
where a is the intercept along the Y-axis and b is the slope of the line.
The movement of the supply curve in response to a change in a non-price determinant of supply is caused by a change in the y-intercept, the constant term of the supply equation. The supply curve shifts up and down the y axis as non-price determinants of demand change.
Law of Demand
The Law of demand states that, “conditional on all else being equal, as the price of a goods increases quantity demanded decreases conversely, as the price of a good decreases, quantity demanded increases. In other words, the law of demand describes an inverse relationship between price and quantity demanded of a good. Alternatively, other things being constant, quantity demanded of a commodity is inversely related to the price of the commodity.
Algebra of the demand curve
Since the demand curve shows a negative relation between quantity demanded and price, the curve representing it must slope downwards. If the demand equation is linear, it will be of the for(the highest price anyone would pay) m:
P = a – b Qd
where a is the intercept along the Y-axis and b is the slope of the equation.
When consumers increase the quantity demanded at a given price, it is referred to as an increase in demand. Increased demand can be represented on the graph as the curve being shifted to the right. At each price point, a greater quantity is demanded, as from the initial curve D1 to the new curve D2. In the diagram, this raises the equilibrium price from P1 to the higher P2. This raises the equilibrium quantity from Q1 to the higher Q2. A movements along the curve is described as a “change in the quantity demanded” to distinguish it from a “change in demand,” that is, a shift of the curve. there has been an increase in demand which has caused an increase in (equilibrium) quantity. The increase in demand could also come from changing tastes and fashions, incomes, price changes in complementary and substitute goods, market expectations, and number of buyers. This would cause the entire demand curve to shift changing the equilibrium price and quantity. Note in the diagram that the shift of the demand curve, by causing a new equilibrium price to emerge, resulted in movement along the supply curve from the point (Q1, P1) to the point (Q2, P2).
If the demand decreases, then the opposite happens: a shift of the curve to the left. If the demand starts at D2, and decreases to D1, the equilibrium price will decrease, and the equilibrium quantity will also decrease. The quantity supplied at each price is the same as before the demand shift, reflecting the fact that the supply curve has not shifted; but the equilibrium quantity and price are different as a result of the change (shift) in demand.
In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate). Inflation reduces the value of currency over time, but deflation increases it. This allows one to buy more goods and services than before with the same amount of currency. Deflation is distinct from disinflation, a slow-down in the inflation rate, i.e. when inflation declines to a lower rate but is still positive.
Linda is a PoW-PoS-based cryptocurrency.
Stake Minimum Age:
Stake Maximum Age:
For faster syncing, you may use this bootstrap files.
Depending on your operating system, locate the Linda Data Folder and extract the files there.
https://www.dropbox.com/s/90d3qxu72syb5et/bootstrap_latest.zip?dl=0 [Updated: March 03, 2018]
- Nisan Bahar - [email protected]
- Jonah Glasgow