About Cashcoin
Market Stats
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Additional info about Cashcoin
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FAQ
Cashcoin (CASH) is a digital asset that operates within the realm of blockchain technology. It is a type of cryptocurrency that users can generate through a process known as mining. With a current supply of over 53 million, Cashcoin seeks to provide another option to traditional digital currencies. It is designed to be a low-supply asset, which could potentially lead to a high value.
Cashcoin operates as a hybrid of Proof of Stake (PoS) and Proof of Work (PoW) systems. This means that it doesn't solely rely on miners for support in the long run. The PoS aspect of Cashcoin allows users to receive a 10% stake for holding their coins. The system is designed to provide quick confirmations and aims to be energy efficient in the long term. Cashcoin also aims to enhance security over Proof of Work coins. The difficulty readjustment and variable block rewards are based on proven algorithms, which contribute to the overall functionality of Cashcoin.
Cashcoin aims to contribute to the blockchain industry, providing a platform for small and medium-sized businesses to thrive. It seeks to provide another option to other digital currencies, with a low supply potentially leading to a high value. One of the unique features that Cashcoin is working on is the "Print Your Own Cash" technology. This technology aims to allow users to print customizable cash certificates that can be verified on the blockchain. This could potentially enable users to spend their cryptocurrency without the need for a computer or a cell phone, providing an added layer of convenience and anonymity.
Cashcoin has been in existence since early 2014. Over the years, it has been rediscovered and has attracted new participants and developers. The project has undergone a rebranding process and is currently implementing a new strategy for expansion. Despite its new beginning, Cashcoin maintains deep roots in the industry. There is enthusiasm for the project, with the team working on various updates and enhancements, including wallet updates, more nodes for faster wallet sync, and security and anonymity enhancements.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.