Review on Hshare by Fabrizio Zampieri
Hcash is defined as "a carrier of value and information for leading blockchains…
Hcash is defined as "a carrier of value and information for leading blockchains, enabling value and information exchange between various platforms or system".
Hshare, is a decentralized, open-source cross-platform, enabling crypto adopters to exchange data and value across multiple platforms easily and effectively.
This is an altcoin constructed, and designed on a unique Blockchain, Hcash. In addition, it has been crafted to be a sidechain for both blockless-based and block-based blockchains.
The mechanism used in the creation of Hcash is actually a thin ledger that bridges the gap between blockless-based and block-based DAG (Directed Acyclic Graph) systems. This mechanism further allows information and asset ledgers to be exchanged between diverse Cryptocurrencies.
Although Hcash has substantial presence in China, it is headquartered in Melbourne, Australia. The company was founded in 2016 and in a year, has grabbed quite a lot of international attention.
The Hcash Blockchain system is programmed and devised on the basis of UTXO, which has further opened the door to many financial service institutes as well as general public. As a distributed ledger technology, Hcash offers promising potential for revolutionizing the ways institutions, government and, various corporate entities work.
Pros
- Unlike the other decentralized digital asset management and data sharing solutions, Hcash holders enjoy the benefit of being able to encrypt their communication, on the basis of Zero Knowledge Proof technology and between clients and Hcash nodes. Being a digital currency, which utilizes both PoW and PoS, a combination of hybrid consensus mechanism, Hcash is quite ahead of the competition if compared with other ALTCOINs on the market. If asked to highlight, how, and why this coin stands out, it is because of the following innovations: - zero knowledge proof technology; - enhanced privacy; - DAO governance pattern; - simple to mine; - smart-contract enabled; - offers dependable transactions; - gives access to cross-platform Blockchain-enabled payment methods. We also can define Hcash: - a hybrid; - intensely encrypted and private; - bi-directional; - maintains a hierarchy; - Quantum resistant.
Cons
- Current quotation is about 60% down than ICO price. It could be a good investment on long period only. It's a young project and still not well known.
