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Author Topic: [PRE-ANN] CyberCash - A Digital Currency For The Cyber World | POS/MN  (Read 284 times)
BitHexon (OP)
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December 08, 2018, 06:53:49 PM
Last edit: December 09, 2018, 02:23:19 PM by BitHexon
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What is CyberCash?
  CyberCash is a Decentralized POS/Masternode Cryptocurrency based on secure Quark algorithm which aims to give security and anonymity to P2P transactions.

P2P Trade & Escrow Platform
   Millions of cryptocurrency users make deal directly, we call it "OTC". The lack of liquidity on major exchanges is the first amongst many other issues that could emerge in processing large trades for high profile investors. Selling hundreds of millions of dollars of a cryptocurrency on a public exchange in a short period of time could crash the market, especially if there are not enough buy orders set in place to liquidate large sell orders. As such, whale traders and institutions have relied on the OTC market to buy and sell batches of cryptocurrencies, mostly from miners and other major investors. But most of the scam incidents happen in OTC, as cryptocurrencies are anonymous and the transactions can't be reversed. So, people need to rely on manual 3rd party escrow providers. CryptoCash project is there for automating the escrow process and providing better security and anonymity on OTC transactions.


Advantages
  Safety: Funds are safely stored in secure wallets. The system does not store funds for long. It provides time for payments and if the transactions are not completed within the specific time, it sends back the amount to user wallet.
   Speed: The escrow platform completes the trade instantly after getting enough confirmations from network. For BTC, it requires only 1 confirmation.
   Anonymity: To use the platform, none need to create account or provide any personal information. The system generates trade ID for every trade and users just need to use that ID to finish the transactions.


Inflation Model
CyberCash has been designed to control inflation. Block rewards have been designed to give early investors good ROI and after the ROI blocks are over, there will be tight supply of coins with pretty much lower inflation.

Investing in CyberCash
Investing in CyberCash is actually investing in the platform. CyberCash presale buyers will receive dividends from the profit generated by the platform. More details can be found in whitepaper.

Coin Specs
   Name: CyberCash
   Ticker: CBH
   Supply: 21 million
   Block time: 60 sec
   Premine: 500,000
   MN Collateral: 5000
   Rewards:
      1 - 500: Premine and POW blocks for dev
      500 - 10,000: 1
      10,001 - 25,000: 10
      25,001 - 50,000: 8
      50,001 - 100,000: 6
      100,001 - 200,000: 4
      200,001 - inf: 2
   Reward breakdown:
      POS: 50% of block reward
      MN: 50% of block reward

Roadmap
  Dec 2018
      - CyberCash Mainnet Launch
      - Commence Development for Platform
      - Listing to Exchanges & MN Monitoring Sites
      - Presale

   Q1 2019
      - Platform Launch
      - Release of Official Forum
      - Listing to More Exchanges & Websites
      - Development of Mobile Wallets

   Q2 2019
      - Release of CyberCash Payment Gateway
      - Digital Goods Marketplace Powered by CyberCash
      - Commence Development for POS Pool
      - Platform Improvement

   Q3 2019
      - Launch of POS Pool
      - Release of Web Wallet
      - Ledger and Trezor Support
      - Commence Development for CyberCash v2.00

   Q4 2019
      - Expanding the team
      - Marketing, Promotion & Partnership
      - Commence Development for Smart Contracts
      - DAPPs Support


Resources
  Website: Will be available after launch

   Block Explorer: Will be available after launch

   WhitePaper: Will be available after launch

   Github: Will be available after launch

   Wallets: Will be available after launch

   Twitter: https://twitter.com/CyberCashCrypto

   Discord: https://discord.gg/WprxbDa


The Project is launched; new ANN thread: https://bitcointalk.org/index.php?topic=5082375
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Mt. Dempo
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December 09, 2018, 05:23:31 AM
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has mainnet cybercash been launched, because it has now entered Q4 2018? when will you start pre sale?

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December 09, 2018, 01:02:07 PM
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Reserved Spanish translation, confirm please
Tolynkuzma
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December 09, 2018, 01:38:32 PM
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A good project, I waited for him for a long time and heard, after launching, we launch masternods on our channel, participate and be with us

https://discord.gg/DxDk8xk
BitHexon (OP)
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December 09, 2018, 02:05:04 PM
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has mainnet cybercash been launched, because it has now entered Q4 2018? when will you start pre sale?
Hello Mt. Dempo,
The mainnet will be launched today and presale will begin right after the launch.
Thank you!
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