IDNA

Idena is a unique blockchain protocol that utilizes a novel consensus mechanism known as Proof of Personhood (PoP). This method ensures that each user on the network is a verified human, granting them equal voting power and the ability to participate in mining activities without the need for significant computational resources. Unlike traditional consensus mechanisms that rely on Proof of Work or Proof of Stake, Idena's approach aims to democratize participation and prevent Sybil attacks by requiring users to pass periodic validation events called “flips.”

The Idena network uses its native cryptocurrency, DNA, to reward participants for their contributions to network security and governance. This setup promotes a more equitable distribution of power and rewards across the network, making it resistant to centralization. Idena's innovative model addresses key issues in blockchain technology such as scalability and inclusivity, offering a sustainable and user-friendly platform for decentralized applications.