SmartCash News

Let me begin a bit in the middle like a rat. So I am eating this slice of bread today starting in the centre place then nibbling towards the edges and sides at the same time. Nevertheless you must know what bread exactly you are eating today so you can understand the thickness of the crust and whether it is nutritional or not.

Firstly your bread. As defined by the website SmartCash is a community governance, coöperation & growth focused blockchain based currency & a decentralized economy.

Secondly this is a magical slice of bread. The longer you keep it in your hand the more you have to eat both literal and figurative. Capital gains and dividends for keeping your coins in a single wallet without moving them for a 30 day period will result in dividends.

*SmartCash launched July eleventh of this year. That was when the first bread baked and the world destined to become smart. *

Here is the sweetest part of the bread: Smart Rewards

That emboldened phrase up above that says 'Smart Rewards' means that for holding coins in your desktop or qualified web wallet developed by them you make money through 15% dividends.It is like staking but different. The difference is 30 days starts on the 25th of a month. Not on the first day or when you put them in the Smart Cash wallet. Just like staking you collect a dedicated amount during the term. Fifteen percent is Smart Rewards monthly compensation. You can just throw money and let it compound like fungus in stale bread. You use it after a long while.

Thirdly I will teach you of the block rewards. Seventy percent will go the people. 30 percent takes care of hiring professionals in various places of ability and keeping the website online, plus maintenance all over forums, slack, reddit, steemit and twitter.

It is decentralized so Mr. Mekong from Japan and Mrs. Bond from America could be partners on the same project group.

There is no ASIC capable of handling SmartCash mining. There will be much profit to miners since difficulty increases every ten million blocks and it already has a market capitalization of one hundred and fifty million dollars. They will love it for years and be happy even with the 5 percent they get from each block.

The most positive slice is bread is mining profitability for long-term is exponentially high thanks to the Keccak mining algorithm. SmartCash prevents mining from becoming the central earning point while encouraging miners to use at home mining instead of pools although there is a zero percent fee. To earn more than mining one can keep coins in a wallet and add to them like a savings account.

Also one can take part in improving the community through governance, promotion, team management, research and development, incremental innovation and conceptualization. It all seems very very rewarding. Mining pools for three different continents are on the servers with 0% fees and it goes directly to your wallet when mined.

Fourthly we have rewards for business owners and innovative community members. If you decide to begin accepting SmartCash and hand out business cards with 'We accept SmartCash' you will literally be paid just for accepting it. It is so cool a concept. If you do nothing but print on a dumb stupid piece of paper that you accept SmartCash (collected as easy as cash) you get paid. The funds set aside in the SmartHive pays you every week just for letting the community building team know you do. Depending on how much you give out and how well rated your business is you get paid. Let's just say you get enough for much more than gas money ;). So do that. Go set up your Amazon Seller account and your hair salon business cards and wallets. Start taking it in and feel the music of effortless money marketing combined with powerful drive in economic revolution.

Finally is the smartcash wallets. I have to admit this is the best and most beautiful wallet I have seen. Sorry for being biased but I just see too many ugly wallets. It would be good for the wallets to show USD, CA, RUP, SGD and all sorts of different exchange rates for fiat currency. It would make it even more handy and important being able to see it directly in wallet like I would with Blockchain wallet, Coinomi and other altcoin wallets instead of visiting coinmarketcap every time. On the website the different links to all the available wallets. Of course at such an early stage of development the wallets are not available for every kind of OS or device so just wait and hang tight. Just remember to always download your wallets from the official smartcash website. Here is the progress of their wallet development towards increased overall device compatibility:

Currently only Linux, Android, Windows, paper and web are the existing form of wallets. It sounds kind of weird doesn't it? Paper wallet.

The last thing I would ever think of making a wallet out of to go spill my drink on 🍺. Always backup your wallets or you 'get knock' if you don't.

That is all for today. Please up vote and see you soon. If you would like to learn more about smartcash visit www.smartcash.cc

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