Cache - $CXCHE
Privacy Focused Decentralized Banking

About
Cache aims to study the best practices of the fiat world and work towards developing products to be user-friendly for the people.
Our team is a worldwide-based entity of members dedicated to creating and assisting new means of use for digital economics in real-world situations.
The motivation behind this project is simple: There are an estimated 2 billion people who currently lack access to financial services. Although existing infrastructure has been instrumental in generating wealth, very little has ended up going to this excluded population. Decentralization means that there isn?t a single point of failure, as identical records are kept across thousands of computers through a peer-to-peer network. Because it?s permission-less, it is also open to anyone ? irrespective of their wealth or where they live. And, whereas a bank or a payment processing company can close the account of an unsavory customer, blockchains are censorship resistant.



Core Values
Universally Accessible
The fact we have different currencies depending on what geolocation we are in is absurd. With no geo restrictions... Cache can be use everywhere, by anyone.

Mimic Everyday Cash & Becoming a Medium for Daily Transactions
This is a vital feature if we want the project to succeed. Everyday cash is fungible so therefore Bitcoin and Fiat are not the same. Privacy shouldn't be an option.

Creating stable jobs
Jobs are not safe in this day and age depending on who we work for and where we work. I want the project to give anyone a chance to earn a stable income by working for the project and get paid to do so.

Decentralised finance (aka DeFi)
The whole purpose in cryptographic currencies was to defeat the object of banks and what they represent. Cache has on-chain, private, legitimate financial features which mimics banks, which truly defeats the object of centralized banks.



Cache Deposits
As well as being able to send transactions to your uncle billy or auntie annie, you can safely deposit your Cache with some interest rate. In general, this feature allows users to deposit a portion of their $CXCHE on to the Cache Blockchain for certain periods and thrn after the chosen period has finished, they can withdraw it back with some interest as a part of main Cache supply. Banking for a longer period gives users a bigger interest rate as they're willing to wait the tim. Banking is broken up in 5 tiers with each tier varying in APR %.



Timeline and Milestones
AUG 20 / Cache Hash
To make sure there are no ASIC or FPGA machines mining Cache, we have taken the steps to modify a pre-existing algorithm to create what is essentially a new algorithm. There is also Mining & Pool software for this algorithm but not from it's official base yet. The modified software is completely open source and it can be found on GitHub.

SEP 20 - NOV 20 / Testnet
It is standard for any new network to under-go a testnet stage before they initially launch a new Blockchain. This is to potentially fix any problems that may arise during the early blocks of the Blockchain. All the coins from the testnet are absolutely worthless and in no way represent any sort of value, nor can they be swapped for the real, Mainnet asset.

NOV 20 / Mainnet
After 22,000 blocks had been mined on the testnet network, the Cache team and community felt confident about launching Cache's mainnet asset. Cache was launched fairly on the 15th November 2020.

TBA / Community Governance
Community governance focuses on power that communities exercise in order to achieve policy outcomes that suit their needs. To fund this, we will set aside part of the foundation fund each year. We then would deposit the funds set aside on to the Cache blockchain for the maximum of 1 year. Once the deposit has matured over 12 months, and the interested has been gain, then the reward would be split into the 2 funds equally. 50% back to the Foundation fund and 50% in to the Governance fund.

TBA / Cache Social Platform
The Cache developers have an idea to create a decentralized community social platform that can be accessed from any machine that is online. This platform may or may not be on-chain with Cache's blockchain but that's because decentralization isn't solely blockchain based.

TBA / Cache ID
Wallet addresses for Cache are formed using a random string of 99 letters and numbers, starting with cxche, and this can be hard to memorize. Cache ID would allow you to send a transfer to bob.cache.id instead of cxcheABC123..., making it even easier for normal users to send transactions.

TBA / Hardware Wallet Support
Hardware wallets are special types of wallets that make use of a secure hardware device to store a user's private keys. Users simply plug in their devices to any internet enabled device. They enter a pin, initiates a transaction, and then confirms to send the cryptocurrency.


TBA / Sub Addresses / Sub Wallets
To help enhance privacy, the Cache developers intend to add a feature called sub-addresses. So instead of having to create multiple wallet files for different addresses, you could create a new sub wallet address within a primary address and still be able to control it like you would with a normal wallet.

Team
Jack (Effy) - Founder/Developer/Social Media Moderator
Mark (Tastiger) - Community Manager/Backend Services/Developer
James (Synku) - Discord Community Moderator
more to be announced soon



Supporting Partners
https://letshash.it



Public Node Operators
Eskal (letshash.it)
Khfdw
more to be announced soon



Software
Core clients: https://github.com/Cache-core/Cache/releases/ (Windows binaries only, Linux & Mac need to build)
Desktop wallet: https://github.com/Cache-core/Cache-Desktop/releases/ (Windows binaries only, Linux & Mac need to build)



Mining Software
Modded XMRig - https://github.com/Cache-core/xmrig/releases/tag/Cache (CPU + AMD + NVIDIA)*
Modded XMR-stak - https://github.com/Cache-core/xmr-stak-cache (CPU + AMD + NVIDIA)**
SRBminer - https://github.com/doktor83/SRBMiner-Multi/releases (CPU + AMD)
XMRigCC - https://github.com/Bendr0id/xmrigCC (CPU)

*no official support yet
**build your own binaries



Pool List
https://miningpoolstats.stream/cache



Links
Website - https://cxche.org/
Website-v2 - https://en4orcer.github.io/website-v2/
Blockchain Explorer - https://explorer.cxche.org/

Guides - https://github.com/Cache-core/Guides
Paper Wallet - https://cxche.org/paper.html

GitHub - https://github.com/cache-core
Discord - https://discord.gg/PHyGJjg
Medium - https://cxche.medium.com
Trello - https://trello.com/b/uTKYxWEC/cache
Twitter - https://twitter.com/Cachecore
Reddit - https://reddit.com/r/CXCHE


Telegram - https://t.me/cxche
Chinese Telegram - https://t.me/cxche_cn_community
Telegram Chat - https://t.me/cxche_community
Chinese Telegram Chat - https://t.me/cxche_cn

All Telegram chats now bridge with Discord for better communication between the two platforms.

Asset Specifications
Prefix - cxche
Ticker - $CXCHE

Max Supply: 300,000,000 (300m)
Premine: 5%*
Decimals - 5
Block Time - 2 minutes
Block Reward - 3**
Block Fee - 0.001
Banking Fee - 0.001
Message Fee - 0.001

Min Deposit - 1 $CXCHE
Min Term - 1 month
Max Term - 12 months
Min APR - 0.408%
Max APR - 8%

* = Split between a Foundation Fund & a Governance Fund
** = Base reward is 3 then +0.25 every 3 months until 5 $CXCHE, then it stays static at 5.