Description
Arqma is a cryptocurrency project based on the Monero codebase, enhanced with new features from the Cryptonote ecosystem. It uses the RandomARQ PoW Hashing Algorithm, which is designed to be ASIC and Nicehash resistant, promoting fair mining opportunities. The network's consensus mechanism is a hybrid of Proof of Work (PoW) and Proof of Stake (PoS), which not only validates transactions but also governs the Service Nodes. This makes Arqma an innovative blockchain platform. Its Service Nodes system is chain-agnostic, offering comprehensive solutions in decentralized finance (DeFi) while also providing an additional privacy layer for ERC-20 tokens.