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Lahore, Pakistan.
1 Level
135 Review
31 Karma

Review on HyperCash by Mohammad Shuja

Revainrating 4 out of 5

My thoughts and review about HyperCash.

This open-source cross-platform & distributed ledger technology is accessible on all major operating systems and network environments. The system combines blockchain and DAG technologies. Through their own platform, Hcash has improved the flow of information across platforms. One of the major cryptocurrencies at the moment is Hshare, which has gained a substantial following since it was included into the list of the ten most valuable cryptocurrencies. According to the analysts, the bull run in the coin's price appears to be linked to its technical superiority, and therefore they expect that it will be Ethereum's rival. When you hold Hcash, you possess a unique Hcash wallet which allows you to store funds on one platform (public or private) and use another platform to send your funds (public or private). The blockchain network Hcash develops simultaneously works with DAG (directed acyclic graph) networks. With interoperable addresses and blockchain support, you may use Hcash to both transfer and receive other cryptocurrencies in the Hcash wallet.



It is notable for many remarkable attributes which make it stand out from the rest of the currencies. Due to Hshare's hybrid structure, holders may participate in decision making. A better consensus algorithm exists than the one now in use. A hybrid proof-of-work (PoW) and proof-of-stake (PoS) consensus protocol empowers community-wide decision making. DAG and blockchain systems may communicate thanks to its bi-directional nature. Identity is kept anonymous to users at all times. Using a restricted block size while allowing unlimited Hcash transactions is possible. The transfer speed and amount do not impede the Hcash wallet's transfer, which means they are both very useful.



Quantum resistant computing is being developed by Hshare, which can keep source codes safe from hacking. Therefore, it is safe and confidential. Combination of various crypto systems may be used due to the multi-compatible and multipurpose software. This device has a hybrid cloud platform that can be used to curate, store, and transmit data, but it is also ideal for the Internet of Things and Big data. It is also possible to gather Fintech to make financial management more efficient. This will allow future improvements to build on a strong foundation. As Hshare can be readily exchanged across platforms, it may become a new standard of value. The potential to disrupt various industries is enormous, and it is something investors may take advantage of to boost Hcash's price again.

Pros
  • System for anonymous credentials that is decentralized.
  • Payment mechanism that is more responsive.
  • It protects the privacy of users during transactions.
Cons
  • None for now.