Review on HyperCash by francis fernandez
Hypercash: a mixed solution for multiple financial uses
Hypercash is an open source platform that works simultaneously with blockchain technology combined with the DAG system; to allow the exchange of crypto assets in commercial transactions between different networks on a large scale and in a fast, private and secure way.
This digital asset is represented by the HC symbology and has a maximum supply of 84,000,000 HC.
What is Hypercash technology?
To ensure the scalability of the network; Hypercash combines the blockchain infrastructure with the DAG mechanism; which translates into high speed of execution of transactions on the platform.
DAG (directed acyclic graph) acts as a web network that allows the interaction of financial operations to validate each other permanently.
In terms of security, Hypercash uses zero-hash knowledge tests to guarantee the total privacy of the information of the operations. These tests act as a means of oppressing the identities of the sender and the receiver of a transaction to prevent its tracing.
How does Hypercash mining operate?
Hypercash employs a mixed mining system that combines the consensus protocol: Proof of Work (POW) and Proof of Stake (POS). These work in coordination with the Blake256R14 algorithm.
This platform also integrates the DAO system into its infrastructure; which is based on a decentralized voting mechanism with a decisive role in the growth of this project.
Where can the cryptocurrency be traded?
HC can be purchased from multiple exchanges including Binance, Huobi, Okex, among others.
Hypercash also has a cold or hardware wallet to allow the storage of its users' cryptocurrencies.
Pros
- It allows the combination of several technologies in a single network for better compatibility with multiple blockchains.
- It allows the exchange of a wide range of crypto assets between users globally.
- Its platform offers high speed and privacy due to the use of cutting-edge technology protocols.
- Offers anti-ASIC technology.
Cons
- There are no disadvantages in its use.
