SmartCash is a relatively new cryptocurrency that is run by the community. It works on bitcoin's zero cash protocol, in which miners are unaware of the names and addresses of senders and recipients. Its main value is total user privacy and, of course, speed. Members of the SmartCash community believe that a coin managed by a founding team will always end up being inefficient and that fraud will be common. This is because the founders will work to make money instead of focusing on improving the platform.