Lets get CASH listed on another exchange! Not mining CASH yet? Get started great news coming down the pipeline!
Welcome to the FUTURE of digital currency!We have all heard of Bitcoin some of us even Litecoin so what exactly is CASH. Cash (code:CASH) sometimes refereed to as crypto-cash, cash-coin or digital cash. Is a currency much like Bitcoin, Litecoin, Dogecoin but utilizes a combined proof-of-stake (PoS) and Proof-of-Work (PoW) system.
CASH was created by a small team determined to improve upon the Bitcoin (BTC), Litecoin (LTC) and Dogecoin (DOGE) algorithms and create something unique and sustainable.
CASH unlike Bitcoin use a variable block reward. The algorithm is based off of Moore's law which accurately predicts the growth of computational power. The block reward decreases on scale with a halving every 16x the network difficulty. The more miners the lower the block reward. If there are less miners the block reward will increase. Overall this will give an inflation rate of approximately 1% which will allow for greater long term sustainability.
The greatest part about CASH is unlike the Bitcoin and Litecoin algorithms CASH is sustainable at a point with no miners. Both Bitcoin and Litecoin require Miners to move coins through the chain. Utilizing Proof of Stake CASH relies on individual with wallets holding coins to keep transactions moving even without miners. No more stalled block chains! No more difficulty hurdles to find that next block. Because of this long term CASH is energy efficient and energy sustainable.
Here are a few reasons why CASH is better than your typical ALT coin:- CASH is a far more marketable globally understood name. Everyone understands what cash is use one of its other names crypto-cash or digital-cash and connections are already established in a merchants conscious.
- Its Proof of Stake so eventually the coin does not need miners to support it.
- Its Proof of Stake you get interest for holding the coin initial minting interest is 10% but as more coins are minted and more wallets holding it will decrease variably based on PoS difficulty.
- Quality difficulty readjustment based on proven algorithms. Multipools wont leave this coin hanging stuck with a difficulty problem in fact its designed to fend them off.
- Low block reward because having lots of numbers just to have them is silly. Also implies scarcity so it wont trade at 70 satoshis.
- The coin confirms super fast.
- Energy Efficient Long term. Once the coin is entirely Proof of Stake driven it no longer needs energy intensive miners!
- Increased Security over Proof of Work coins.
https://bitcointalk.org/index.php?topic=424421.0
