A New Billion Dollar Plus Crypto, Hcash. What Is It and Should You Buy Some?
If you’re a frequent coinmarketcap checker, then you likely noticed a new crypto sitting just outside the top 10.
That would be Hshare and its Hcash (HSR) cryptocurrency.
The HSR token is temporary until the Hcash main line is up, then you can exchange for Hcash.
The Hcash platform is interesting in that it’s designed to be the side chain for both block-based and blockless-based blockchains.
For blockless systems it uses a Directed Acyclic Graph (DAG) system. IOTA also uses this and calls it a tangle. (If anyone can explain a tangle in plain English please leave a comment)
With Hcash you’ll be able exchange value and information between these systems.
According to Hshare there’s seven reasons Hcash can be revolutionary.
- The dual sidechain system allows for an unrestricted flow of information and value between all cryptos
- Your privacy is protected with Zero Knowledge Proof technology.
- Hcash uses a hybrid POW + POS open-governance model.
- The DAO governance system allows for real-time dynamic voting.
- Hcash is quantum resistant.
- Hcash holders can transfer between public and private addresses through their own wallets or client panel.
- Unlimited transfers
Hshare completed a successful ICO in July.
Below is an overview of how the tokens will be distributed.
In Q3 2017 on schedule is to create the Hcash Foundation and form the DAO.
Then on slate for Q4 2017 is getting the Hcash beta platform up and running.
For more info you can find the white paper here.
You can buy the HSR token on Binance. I’m going to pick up a couple tokens to keep my eye on it.
My first impression of Hcash… it’s China’s Dash with interoperability.
What do you think?
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While it may not be a scam in your opinion, it could be considered spam. Spam is not appreciated by the community and could be flagged or may result in action from the cheetah bot..
Some things that can be considered spam:
What are you talking about?
And regarding the cheetah bot, it's ok, but frankly is not close to a perfect solution. I mean you quote one piece of text in an article and you get cheetah flagged, c'mon man.
Upvoted & RESTEEMED :]
Thanks!
bnb also is a good coin
Agree 100%, been buying and going to write about it soon.
Yeah BNB is incredible also! Curious if you recommend we get Hshares or wait for the dip? I can't believe I thought it was just a shitcoin when I saw it on Binance a couple weeks ago 😅
I didn't even know about it until it popped up on coinmarketcap. I'm going to get a very small stake and learn more about it.
Pffff, I was wondering about this, but everything was written in Chinese. So thanks for clearing it up.. slightly. It still doesn't sound like it's too easily understood.. I'll have to re-read this at some later point, I'm not sure I quite get it yet
Still learning about it at this point. Similar to Dash imo.
Good luck!
This one has a huge market cap already, it will be interesting to see where it goes from here.
Thanks!
A Chinese crypto, I think it is another FUD need to look closely at.
I did find it odd the whole team is Chinese but the CEO, CTO and Business Development Manager are white guys. Could be FUD...
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Much more than a coin; Is an expanded exchange, with the latest decentralized technologies (quantum resistance included). Almost $1 Bll before entering coinmarketcap... I would not say "other Chinese coin".
PS: I was looking for this post ... in case I should not do it.
Price tanked after Binance stopped trading it in response to the Chinese crypto crackdown. If it can emerge from this hole it will be because it is doing something really right!
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