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 mo
Money Supply explained:
Unlike Bitcoin, Litecoin, Dogecoin 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 Bit
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.