Bitcoin Forum
November 17, 2024, 06:50:56 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [ANN][CASH] Get your Crypto CASH now! New crypto currency  (Read 751 times)
CryptoCashNow (OP)
Member
**
Offline Offline

Activity: 70
Merit: 10

Check our CASH a currency based on Moore's law


View Profile WWW
January 20, 2014, 03:26:09 PM
Last edit: January 20, 2014, 07:57:54 PM by CryptoCashNow
 #1


Welcome to the FUTURE of digital currency!

With all the competition out there one might ask why another coin? Well to put it simply because its CASH. Ask yourself is a DOGE really going to be accepted globally by merchants?

We use a variable block reward originally used in Peercoin. 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.

Money Supply explained:
Unlike Bitcoin and many other alternative coins CASH does not have a fixed coin supply cap. This does not mean that CASH is more inflationary than other coins. The minting design attempts to better mimic gold and precious metals than other coins do. Gold does not have a known money supply cap either, but we know that it is reliably scarce. For many years the annual inflation of gold has been around 1-3%.

In CASH there are two types of minting, proof-of-work (PoW) and proof-of-stake (PoS). The PoW minting rate is regulated by Moore's Law, which dictates that our ability in PoW grows exponentially. We are aware that Moore's Law eventually has to end, but by that time inflation in CASH will likely already be approaching precious metal levels. The PoS minting introduces a maximum 10% annual inflation. CASH transaction (tx) fees are destroyed to counter inflation. So overall the CASH minting design is still a very low inflation comparable to Bitcoin.

There is a 47,433,600 coin maximum value in the source code, but that is only used for consistency checking and is not meant to be part of the minting design.

To be clear, the actual cap on the coin size is not 47,433,600 and will end up being much lower. The actual cap is totally dependent on market interest and user adoption.

For more information moneysupply can be found in the CASH getinfo in debug console output so you can see how many coins are in the network.

Here are a few reasons why CASH is better than your typical ALT coin:
  • CASH is a far more marketable globally understood name. Ask a merchant to accept DOGE.
  • 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.
  • Quality difficulty readjustment based on proven algorithms.
  • 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.

PoW/PoS Hybrid starts at 10% Stake
Scrypt
No premine (10 blocks were generated for testing)

Windows Binaries:
https://drive.google.com/file/d/0B38zJQHp10sLOHRnSEwyaUhlOWs/edit?usp=sharing
https://mega.co.nz/#!XM1z0arJ!UrWGcSHzv8l3UNwRw9PCqz9SSJF4HV9zFc3hrZCR7Yk


Source:
https://github.com/cryptocashnow/cash

Example Conf:
rpcuser=user
rpcpassword=x
rpcallowip=192.168.*.*
rpcport=3491
daemon=1
server=1
addnode= 206.72.206.148


Explorer:
http://altexplorer.info/chains/CASH/block_crawler.php


Exchanges:
Coming shortly


Pools:
http://cash.minebig.com


Stores:
Coming shortly

Services:
Help us promote our super fair coin with some great services. Popularity is growing fast join the community!

CASH a crypto currency utilizing Moore's Law http://cash-coin.org CASH - WHO NEEDS IT? YOU NEED IT!!
Trafficlearn
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


View Profile
January 20, 2014, 03:27:39 PM
 #2

looking GREAT

~TESLACOINS ~      http://www.teslacoins.com  Teslacoins! Renewable energy mining!  COMING SOON!
CryptoCashNow (OP)
Member
**
Offline Offline

Activity: 70
Merit: 10

Check our CASH a currency based on Moore's law


View Profile WWW
January 20, 2014, 03:41:09 PM
 #3

Ooops meant for ANN thread please lock this one.

https://bitcointalk.org/index.php?topic=424421.0

CASH a crypto currency utilizing Moore's Law http://cash-coin.org CASH - WHO NEEDS IT? YOU NEED IT!!
CryptoCashNow (OP)
Member
**
Offline Offline

Activity: 70
Merit: 10

Check our CASH a currency based on Moore's law


View Profile WWW
January 20, 2014, 04:37:46 PM
 #4

Please do not look for updates in this thread. Go to https://bitcointalk.org/index.php?topic=424421.0

CASH a crypto currency utilizing Moore's Law http://cash-coin.org CASH - WHO NEEDS IT? YOU NEED IT!!
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!