Return on $100 stake
Proof of Person Blockchain
Coordination of individuals
99%
1%
Has decentralization failed?
VC, whales and staking pools dominate blockchain governance and monopolize mining taking away block rewards from individuals and making independent mining meaningless.
Most blockchains have failed to maintain decentralization and turned into plutocracy.
Start plutocracy resistance
Return on $10,000 stake
Encouraging individuals
To increase network diversity Idena provides higher returns for smaller stakes. Individual APY is always higher than the APY of staking pools or richer accounts.
Why proof of personhood
Unlike PoS and PoW blockchains, to become a validator Idena requires you to prove that you are a unique person. Why?
Proof of Personhood allows you to maximize rewards as an individual miner and prevents the concentration of capital in staking pools.
Maximize individual rewards
Increase your rewards by optimizing the amount of your stake. Identity staking allows you to earn higher returns as an independent miner compared to being part of a staking pool. This prevents capital concentration and promotes individual mining.
Enter your IDNA stakeYour share of the reward pie is proportional to the stake0.9. Estimations are based on the current network size, total staked amount and current IDNA price.
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Annual reward
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Annual yield
Prove your personhood
No personal data is needed, simply prove your uniqueness
Be online
Open your Idena app on validation date before 15:00 UTC
Get validated
Solve a series of common sense tests (FLIP-puzzles)
Make flips
Create a few bot-resistant FLIPs for the next validation
Run Idena node
Earn rewards by running your very first mining node
Total nodes online
Mining nodes online
It’s easy
You don’t need to be a tech expert to install the mining node on your PC
Low costs
Run the node on your home computer, laptop or Raspberry Pi
Eco-friendly
No GPU or mining rigs needed, no high electricity usage
Watch about Idena
Consensus mechanics based on money lead to plutocracy and extreme concentration of power
What is Idena
Explanatory video about Idena
Idena is one of the many players out there making an earnest try at creating more Sybil-resistance“
Kevin Owocki
The Green Pill Podcast with Andrew Edi, co-founder of Idena
What are the decentralized ways of Proof-of-Personhood? There’s a project called Idena
Tristan Harris
Tristan Harris mentions Idena on The Joe Rogan Experience podcast
Idena is a blockchain that has found a good balance between privacy and Sybil-resistance
Blockchain Socialist
The Blockchain Socialist podcast with Idena community members
Technology
Security and decentralization
Idena, the first Proof-of-Person blockchain, is live since 2019. Idena validators are coordinated on the basis of a 1-person-1-vote consensus. Security is ensured by the variety of validators and a minimum threshold for stake to be eligible to vote.
Scalability and decentralization
The throughput of the 1-person-1-vote blockchain can be enhanced by increasing the number of independent validators. A sharded network of validators enables parallel processing of more transactions. In contrast, money-based blockchains achieve scalability through greater centralization.
Identity contracts
Identity primitive is natively integrated into Idena smart contracts. Idena enables identity staking for any IRC20 token. You can use it for airdrops or building plutocracy-resistant DAOs based on token-backed identities. Build DApps using Idena Oracles as a decentralized gateway to access real world data.
AI-resistance
The difficulty of FLIP-tests increases over time. On one hand, participants are encouraged to create AI-resistant FLIPs. On the other hand, these FLIPs are used to train a friendly AI. The friendly AI is to help participants to filter out trivial flips, making it more challenging for hostile AIs to attack the system.
Pillars of decentralization
Plutocracy resistance
1-person-1-vote coupled with higher returns for smaller stakers mitigate dominance of the rich and stimulate network diversity
Collusion resistance
Identity staking serves against the buying/selling accounts, identity farming, and coercive validation
AI resistance
Human creativity boosted by accessible AI tools is to withstand attacks from hostile AI-bots
