Why Smash Cash?

scythemik (25)in #smashcash • 3 years ago

Smash cash emerged from the breakdown of bitcoin into different forms of payment systems. Though this breakdown led to the discovery of a more token form of payment, Smash cash allows for 15 blockchains and 10 tokens form of transactions. It provides a form of privacy that is rare and unique, it makes room for anonymity with 4 different blockchains. Your funds are highly secured and there is no third-party access, it comes with highly pronounced restrictions. As more people delve into the cryptocurrency trade, the need for discreet and emphasis on security and privacy of the individual willing to purchase Smash cash Tokens.

Smash cash operations

It operates through a safe medium known as Zero-knowledge Succinct and non-interactive Argument of Knowledge zk-SNARK for short. Zk-SNARK allows ease of access to confirmation and verification of information whilst still maintaining discreetness and keeping the identity of the provider hidden. Though the verification takes little or no time, the encryption has made it impossible for any information rather than the one being processed to be revealed, nothing beyond what is requested will be displayed all access to other information is denied.

The Process

The Smash cash process comprises of certain phases in the first phase the user is required to make payment with the token compatible with the smash cash, after the payment has been made, a unique key restricted to the user alone is generated this will be useful and valuable to the user in the subsequent stages. In the second phase or the coming upstage the user is made to wait a while the privacy of the process is upgraded, the longer the user waits the better the level of privacy. The third phase is when the user wants to make a withdrawal, the unique key generated is asked from the user to ascertain that it’s the person with the same account that made the previous payment.

The process provides a carefully secured orchestrated procedure and is meticulously outlined to aid the user to complete the task and having a reliable and secured transaction.

Products

Some of the products one could find under smash cash are;
Bitcoin (BTC)
Binance Chain (BNB)
Ethereum(eth)
Moonriver chain (MOVR)
Harmony chain and so on.
Each of the products listed above has its wallet and medium of transaction where the user can make transactions..

Staking

Users that are business-oriented stake up their blockchains in smash cash with the tons of return and benefit they hope to gain from it. It is designed in the form that investors get the best and their investments worth. The higher users stake the more yield they stand to gain.

A good percentage of the money that occurs from swaps on the platform, a small percentage of the deposits made on the platform. A not so small percentage of all the investments made outside the platform by the user.

Conclusion

Smash cash provides users with the opportunity to deposit, withdraw and transfer at a quick, discreet and secured pace, this extends to other crypto platforms. Smash cash is the first-ever crypto to make anonymity out of blockchains.