Cryptocurrencies have brought a wide range of unprecedented opportunities to entrepreneurs and investors with impressive economic growth. The cryptocurrency industry has given rise to a new market and with that CashHand has taken on the mission of initiating changes in the market, so that the world could take advantage of the various opportunities that the cryptocurrency market and the blockchain industries have to offer. Project CashHand is gearing up to disrupt the conventional cryptocurrency market strategies, approaches, and business practices by creating a payment opportunity for small purchases and app purchases.
Project CashHand intends to be a payment provider for physical and virtual products, according to its Roadmap. There is a plan to launch a webshop in the second quarter of 2020 where users will be able to buy products using their own cryptography as an instant payment method. CashHand intends to launch a prepaid credit card, where users will be able to recharge it with their own crypto and make purchases and payments anywhere in the world. CashHand also plans to create a bill payment and credit recharge website for mobile phones.
Technical details of the project CashHand
CashHand CHND (Instant Verified and Private Transaction), offers an upgrade from DASH v0.12.0.x being a clean, cryptocurrency-based fork with a customized Proof-of-Stake (PoS) algorithm, and a community governance system (Community Designed Governance). The open-source cryptocurrency platform has replaced the Proof-of-Work (PoW) consensus algorithm previously, to bring instant and verified private transactions to the general public. CashHand eliminated reliance on hardware-intensive resources for mining, as in the case of other cryptocurrencies with PoW algorithms. Instead, community members can earn CashHand by holding a few coins in their wallets, keeping them connected to the internet. CashHand allows any device that runs a CashHand wallet, regardless of its technical specification or operating system, to participate in the “staking” process and obtain rewards.
As it is a fork in Dash, CashHand uses Bitcoin Core by default. It uses the current Bitcoin core. CashHand includes all of Dash’s technical features, including masternodes, instant transfers, and private transfers. The CashHand team is working to further improve the platform. A CashHand network has a 60 second block time with fixed block rewards.
The information available on CashHand is available on the cashhand.info website in the white paper as well as in Roadmap. The CashHand team, together with its community, is working to list CashHand on the first exchange.
One can find out more about CashHand on its website and social media.
General coin information
- Coin name: Cashhand
- Algorithm: Quark
- Block type: Proof-of-Stake/Masternode
- Ticker: CHND
- Block Time: 60 seconds
- Masternode Collateral: 50.000 CHND
- Total Supply: 1.000.000.000 CHND
- Premine: 100.000.000 CHND (10%)
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Post source: Introducing CashHand Project