Review on HyperCash by Alex Martakov
In other respects, the presented platform Hshare and its predicted successor…
In other respects, the presented platform Hshare and its predicted successor Hcash, offers excellent prospects for development, focused on the adaptation of the most popular ideas in one full cryptocurrency. A qualitative approach to the development, the company's reputation, the introduction of a temporary cryptocurrency that has already shown the effectiveness of certain technologies – all this gives grounds for investing in the project with the prospect of long-term benefits. Despite the only drawback, experts expect that the introduction of the platform and the new cryptocurrency will have a positive impact on its value. There may be minor adjustments at the initial stage, as well as the instability of the exchange rate, but in the future it will be approved with a new growth trend.
Pros
- The Hcash platform, on the basis of which the hshare cryptocurrency is developed, is based on the following principles: 1. combining blockchain technology with the DAG system, providing unlimited data exchange at high speed; 2. anonymity of use of funds is protected by Zcash - proof technology with zero disclosure; 3. a hybrid model of consensus based on the protocols of PoW and PoS; 4. Dao self-government is a decentralized voting system that determines the direction for the future development of the project; 5. account for quantum resistance and increase security against attacks with appropriate equipment; 6. reliability of transactions between different systems of private and public accounts; 7. any amount is available for transfer, the number of transactions is not limited. These factors become the basis for the future development of The hshare project and ensure the interaction of users with each other without obstacles and barriers.
Cons
- The only drawback is that the status of the temporary cryptocurrency and the subsequent transition to a new one. In this aspect, it provides for the exchange of hshare coins for Hcash, and a complete rejection of the initial cryptocurrency. That is, the mechanism is prepared and worked out in advance. Therefore, there is a risk that this cryptocurrency may fall out of the crypto market
