The AUDAX Project

The project's main tool in this venture is its cryptocurrency, UDAX brings fast, secure digital payment to the e-commerce industry, without negative disruption to how merchants receive their funds or how buyers access, acquire or spend the cryptocurrency.

Features

^{Consensus Protocol: 100% Proof of Stake 3.0
Block time: 60 seconds
Difficulty Retargeting: Every block
Block time: Maturity: 50 blocks
Minimum Staking Age: 3 hours
Max supply: 200 million
Block reward: 20 AUDAX
Masternode reward: 8 AUDAX per block
PoS reward: 8 AUDAX per block
Governance: 4 coins per block
Masternode Collateral: 150,000 coins}

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The AUDAX Solution

While offering a viable payment alternative, AUDAX restricts disruption only to the method of e-commerce payments and not to merchant routines, or preferred end-currency. In other words: while providing merchants with a new method of payment collection which is cheaper and more secure than traditional methods, AUDAX ensures that in so doing, merchants do not need to go through a steep learning curve. Furthermore, the AUDAX roadmap item of an e-commerce marketplace will ensure that merchants can continue to receive payments in their preferred way in the back-end, while up front, they are exposed to millions of potential buyers who are willing and happy to pay for their goods and services with cryptocurrency. Read whitepaper

Wallets

Download the AUDAX right wallet for your platform, from our Github repository.