#SmartCash. A Privacy-Centric, Decentralized Economy.

in smartcash •  last year

Fellow Steemians,


I Hope everyone is having a Good Day out there. And I hope that everyone knows how important "Privacy" is and how it works ?

Privacy

Ability of an individual or group to seclude themselves, or information about themselves, and thereby express themselves selectively. The boundaries and content of what is considered private differ among cultures and individuals, but share common themes. When something is private to a person, it usually means that something is inherently special or sensitive to them. The domain of privacy partially overlaps security (confidentiality), which can include the concepts of appropriate use, as well as protection of information.

Decentralization

Process of redistributing or dispersing functions, powers, people or things away from a central location or authority.

SmartCash

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Designed with an aim to distribute Power of Privacy using Zerocoin protocol and Decentralization through it's SmartHive Governance Platform to it's users.
SmartCash enlists some of the best privacy technology in the world, the Zerocoin protocol, which cryptographically produces some of the best privacy & fungibility to date.

What is SmartCash ? How it's (SmartHive) Community functions ? And it's features are well explained in this blog : https://steemit.com/smartcash/@cryptodate/smart-cash-for-the-community-by-the-community-set-to-change-the-rules-of-finance-economics-and-governance (have a quick look at it...)

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This is an Unofficial promo banner (right now) created by @cryptodate. Please Do Refer to SmartCash's Official Website for Official Logo & Banner.

Quick recap on SmartCash's features :

  • SmartHive is a place for folks of all backgrounds.
    ‘Core’ teams are a bad idea and something that ultimately leads to inefficiency and corruption. SmartCash wants to move past it and create a decentralized organizational model inspired by ant and bee colonies.

  • SmartRewards are a price stabilization mechanism and a way to encourage long term holding. Long term holders are key to the project’s success since the SmartHive treasury needs SmartCash to appreciate in value in order to fund meaningful 3rd party proposals and help grow SmartCash into a successful global crypto-currency.

  • SmartCash allows it's users to create new coins via the Renew feature in exchange for older coins. These new coins have no history but are still view-able on a public ledger where all transactions can be displayed easily for all to see, which is key when implementing with merchant systems

  • Instant Pay is going to be a key feature that allows instant, point-of-sale, in-store and online purchases. People should be able to use crypto-currency as means to pay for their daily needs. Instant Pay makes that a reality and allows for transactions to happen instantly, even faster than using your Visa or MasterCard.

In my previous blog I did mentioned that there's a lot to talk about this crypto-currency and here am I again, taking you further down the Rabbit-Hole.

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SmartCash Parameters:

  • Coins per Block: 5000 coins
  • Block-time: 55 seconds
  • Coins per Block Schedule: 717.5 million / block-height with maximum 5000 coins per block.
  • Maximum supply: 5,000,000,000
  • Block-size: 1 MB (to be changed to Adaptive Blocks)
  • Algorithm: Keccak
  • Difficulty Management: BRNDF

What does Hive Structuring Team do ? Who are they ?

  • The Hive Structuring Teams (HST) will lay the groundwork for the project and set the framework for the project’s evolution. Initially, the Hive Structuring Teams will operate three separate departments in charge of vital project areas, such as development, outreach and support. Each of these three departments will end up employing people. As teams grow larger, bigger than eight members, more teams will be created, each with its own budget and team coordinator, operating autonomously without a central command and control structure in place.

The Hive Structuring Teams will consist of people directly involved in the project on a day to day basis, while the overall SmartHive will aim to enroll and engage community members and other 3rd parties interested in growing SmartCash into a global world wide currency.

  • Hive Team : Outreach (This team focuses on community building, growth, general user acquisition.)

InTheWoods aka JuicyG (Hive Coordinator) - Best known for creating the original Dash Force proposal.

@Decentralizd (Web Guru ) - Specializes in Marketing, Web Development, SEO, Branding & Graphic Design.

Frisco D'Anconia (Writer) - Frisco is a wonderful Cointelegraph writer.

Marenkar (SmartCash Advisor) - Marenkar is involved in multiple projects involving crypto-currencies and blockchain.

  • Hive Team : Development (Responsible for building SmartCash and supporting applications.)

Solarminer (Hive Coordinator) - Creator of the Dash N Drink Soda Machine & SmartCash POS.

Gnasher (Development & Consulting) - Experienced C++ Dev & Reddcoin Lead Developer

Leoreinaux (Development & Consulting)

  • Hive Team : Support & Web ( This Hive is responsible for on-boarding & generalized SmartCash support.)

Alexander (Hive Coordinator) - Alex is a jack of all trades who loves Technology, Graphics, Web Design & Infrastructure.

@Rlamasb (Development) - C# Back-End Developer

Claus Codam (Pool Developer) - Claus comes skilled in the art of crypto-currency mining, pool management & is an avid crypto-currency enthusiast.

Slpin (Fiscal Officer) - With a mix of cryptographic superiority and exceptional intelligence, this Bean Counter is often credited as being the only Hive Member to have been born within the blockchain.

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Most amazing thing about SmartCash is that anyone can become a part of the community and contribute towards it's growth. SmartCash is pursuing a very rigorous development schedule and is constantly improving. If anyone has a talent that could help, then anyone can Join SmartCash's community @ Slack and find ways to contribute.

Where is the roadmap ? What is their vision ?

Vision is to end poverty , deploy privacy and decentralization through wide adoption and community growth ensuring financial freedom for everyone.

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SmartCash's Outreach Team is been running active campaigns on Twitter, Steemit, Facebook, Instagram and is working rigorously on User acquisition at the moment. Being inclusive from the very get-go do give them an upper hand in terms of marketing strategy since the Outreach Team is not leaving any stone unturned to create a buzz in the crypto-currency market.

Instagram:
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Twitter:
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And all of this, is just the tip of the iceberg like it's been mentioned earlier as well.

Anyone who will download SmartCash Wallet, Set it Up and tweets about SmartCash, gets to earn SmartCash. To know more about it one can simply refer to this guide by @hannahlicious : https://steemit.com/cryptocurrency/@hannahlicious/how-to-set-up-your-smartcash-wallet-earn-free-crypto-just-by-tweeting-about-smartcash

For quick mining guide check out @hockleyj : https://steemit.com/smartcash/@hockleyj/smartcash-mining-on-pool-a-visual-guide-on-how-to-set-it-up

This is not all about it, there's more...

There are tons of Smart Secrets this crypto-currency has, all of which you and I will be exploring together in my next blog tomorrow. Hence don't forget to follow @cryptodate for more interesting and informative Crypto-Updates.

If you believe in changing the world around you, then visit and check-out SmartCash's official website :
https://smartcash.cc/

Download SmartCash's Official Wallet :
https://smartcash.cc/get-smartcash/

Join on Slack :
https://smartcashinvite.herokuapp.com/

Buy From an Exchange :
Currently on: https://stocks.exchange, Cryptopia & CoinExchange.io

SmartCash's Official Mining Pool :
http://pool.smartcash.cc/

SmartRewards Official Guide :
https://forum.smartcash.cc/t/smartrewards-guide/125

SmartCash's Official Twitter:
https://twitter.com/scashofficial

SmartCash's Official Instagram:
https://www.instagram.com/smartcashcrypto/

SmartCash's Official Facebook:
https://www.facebook.com/smartcashcrypto/

If you find this content useful and informative and would like to Tip SmartCash (Donation Address) :
SNfKb17BNfkviwaXuCkEWrUFkEXV2vpCur

reference : https://smartcash.cc/

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Great post!

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@decentralizd thanks...

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I agree!

awesome post

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@devrajlove ..thanks.. appreciate a lot

@cryptodate Excellent Post. Thanks for share.

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Welcome

Great post! like it.

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@rakiblove ... there's more to come

Real good post well explained will check it out.

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@nantorious .. thank you for appreciating and welcome to the community.

Great post..
Resteemed your post to make more customers.
@cryptodate

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@goldcoin Thank your for your support.