What is HyperCash? HyperCash (HC) is a decentralized, blockchain-based, open-source and cross-platform cryptocurrency project. In this article, as Kriptokoin.com, we have answered the questions such as what is HyperCash, what it offers, what is HC, what is it for, how to get it. Let’s examine together this project that connects Blockchain and non-Blockchain cryptocurrencies.
What is HyperCash?
HyperCash (HC), also called Hshare and HCash, is a cryptocurrency project. This cryptocurrency works in a decentralized, open-source and cross-platform manner. Its cross-platform architecture distinguishes it from most digital assets currently on the market. Accordingly, HCash is among the few cryptocurrencies designed to perform transactions between Blockchain-based and non-blockchain cryptocurrencies.
HC stands out as it allows users to do all of this on exactly the same wallet. It was created to support anonymous transactions, DAO management, and quantum resilience. In this respect, it is possible to say that it is an innovative cryptocurrency. This asset has a sidechain consisting of a Blockchain and a DAG network. So it is a ‘double chain’ cryptocurrency. It secures privacy and encryption.
What does HyperCash offer?
HyperCash is designed to allow unlimited exchanges between Blockchain-based and non-Blockchain systems. It provides this facility to users through a wallet application. Hcash offers two versions of its wallet, one for traditional cryptocurrencies and the other for privacy-focused altcoins. Users get the advantage of transferring between public and private addresses through this wallet application. Using or not using an anonymous cryptocurrency does not change this advantage.
What does HC do?
HC works with a dual-chain Blockchain architecture. Therefore, it is able to interact with other cryptocurrencies. That is, only one HC wallet user has the advantage of sending and receiving various cryptocurrencies. However, HyperCash has a hybrid consensus mechanism. Accordingly, the entity uses both Proof-of-Work and Proof-of-Stake mechanisms. This indicates that users can mint HC coins in two different ways. So it is possible to mine and staking for HC.
What is HyperCash? How to take HC?
HyperCash is currently an asset listed on cryptocurrency exchanges such as MEXC, OKX, CoinW, Gate.io, Bithumb. Investors wishing to purchase HC tokens must access one of these exchanges. After doing this, they can place a buy order for the token by depositing an asset in their wallet according to HCash parities. Investors who place the purchase order will see their crypto money in the wallet section after a few minutes at the latest.