ABOUT SMASHCASH

royalaim (25)in #smashcash • 3 years ago

SmashCash is the globe's first secure and confidential MOVR, XRP, FTM, WBTC, ONE, DOT, ADA, USDC, HECO, and Arbitrum platform. USDT, DAI, ETH, MATIC, and AVAX are also supported.

SmashCash helps ensure transaction anonymity on the 7-10 most prevalent blockchains by discarding the on-chain link around route and beneficiary addresses.

SmashCash makes use of and incorporates zk-SNARKs, a groundbreaking form of zero-knowledge cryptography. The fact that protected transactions can be completely encrypted on the blockchain whilst also being confirmed as authentic under the network's consensus rules via zk-SNARK proofs gives SmashCash a high level of confidentiality guarantee.

PRIVACY AND SMASHCASH

By severing the link between beneficiary and destination addresses, SmashCash helps to improve transactional confidentiality. It employs a consensus mechanism to receive AVAX, Ethereum, BNB, PolkaDot, Cardano ADA, XRP, USDT, and Matic Blockchain activities from one account and send the funds to another. There really is no way of linking the transactions when this current address retracts the currencies indicated above. ensuring confidentiality and anonymity of the activity

This simply means that SmashCash ensures that the payment process is completely anonymous. Even better, it's completely non-custodial, meaning you have complete control over your funds.

FEATURES OF SMASHCASH

Smashcash was created using a variety of features, many of which are distinctive, and has enabled effective crypto activities without having to disclose the various identities of people involved.
Fully anti-dump, with native token incentives, especially BNB, Matic, ADA, and many more.

There will be no seed round or VC round. The initial offering is where all token is sold.

With a well-known Trust Swap, team tokens are secured for two years.

PinkSale's launch pad audited the contract.

The team has been tainted.

It's completely decentralized and non-proprietary.

This is a non-custodial network.

Real-world application and monetization model

A bold Roadmap with a slew of new things to look forward to

Good marketing, with a large number of influencers promoting the project

There are some promising collaborations in the works.

Token holders can earn incentives by staking their tokens.

Members are given a portion of the profits.

Tokens also serve a purpose in continued membership. Users must have tokens to become members, unlike any other network in the same market.

DEPOSITS AND WITHDRAWALS

A consumer usually generates a secret and delivers the hash (also known as a commitment) together with the funding to the SmashCash smart contract. The transaction is validated by the contract, and it is added to the list of assets.

This customer might then use a different wallet to withdraw funds. For this purpose, the beneficiary must produce evidence of having a "secret key" from the smart contract's deposit directory. This is accomplished via the zkSnark approach, which does so without disclosing the secret's specific deposit.

The smart contract examines the "secret key" and transfers the money to the disbursement address supplied. A foreign entity has no way of knowing which transactions will be made on the basis of this withdrawal. Up to four distinct blockchain technologies can be employed with the SmashCash system.