Review on HyperCash by Pedro O. Alvino M.
hyper-cash an alternative system to traditional exchanges
Hyper-cash a relatively regular project due to its great vision of transfers between chains, at an improved speed and scalability, it could be said that it is not an ordinary project since it was promoted for the alternative of Exchanges that generally charge fees per transaction and retirement, in addition to having a good knowledge about it. Hyper-cash raises a decentralized, open source system with a highly secure system for changing assets between different chains
Its consensus system in POS and POW could become negative for the environment, since it consumes a considerable amount of energy for the computing power of POW, but in spite of them it maintains through incentives the community that works for the network operation
Its roadmap since 2017 presents a good history of its technical team, in addition to taking into account the various errors of other projects, such as the operation and testing of networks.
Pros
- It offers a side block chain for coin transfers in different networks
- It has both POS / POW consensus protocols that maximize the network through computing power and user participation.
- It has an incentive program for the operation of both POS / POW systems
- Transaction process is completely fast, due to its modern network system (DAG)
- Your currency is available in different high liquidity exchanges
Cons
- Its modern network transfer system can be complicated for the use of inexperienced users in the field
- Despite its system, some Exchanges even have converters included in various wallets for the same atomic exchange between currencies
- Currently your currency has come in continuous deflation
- The consensus protocols generated in the project tend to be destructive to the environment
