Hshare (HSR)

From List Wiki
Jump to: navigation, search

Hcash-logo.png
Related Wiki List Type
Cryptocurrencies List of All
Cryptocurrency Exchanges List of All
Cryptocurrency Wallets List of All
Bitcoin (BTC) Detail Page

Official site (website): https://h.cash Official Facebook account (fb): https://www.facebook.com/HcashOfficial/ Official Twitter account: https://twitter.com/HcashOfficial Official blog (news): https://h.cash/blog Github: https://github.com/HcashOrg/hcashd Reddit: https://www.reddit.com/user/H_cash/ Slack channel: https://hcash.slack.com/ Official LinkedIn account: https://www.linkedin.com/error_pages/unsupported-browser.html

Truth and facts[edit]

  • Hcash is a distributed ledger cryptocurrency, designed to be a side chain for both blockchain and blockless based Directed Acyclic Graph (DAG) System.
  • Hcash is a decentralized and open-source cross platform cryptocurrency, which you can use to exchange value and data cross platform easily based on a highly secure and authenticated channel.[1]
  • Hcash will be a value and information carrier for major blockchains to enable the exchange of value and information between these systems.[1]

Features

  1. Hcash is Hive. Hcash has a dual sidechain composed of blockchain and DAG systems. Designed to implement an unrestricted flow of information between blockchain-based and blockless-based distributed system.
  2. Hcash is hidden. Hcash will adopt Zero Knowledge Proof technology to achieve bi-directional encryption and many other areas demanding transactional privacy.
  3. Hcash is Hybrid. The consensus mechanism for Hcash is PoW+PoS Open-Governance Model. Hcash holders are able to participate in significant community-wide decision-making, including protocol updating and upgrading through a PoS mining mechanism.
  4. Hcash is Hierarchy DAO Governance. Decentralized Autonomous Organization is the driving force behind future advancement, and provides the Hcash community with continual vitality.
  5. Hcash is hard. Hcash takes quantum resistance into consideration from the very beginning of system design. Therefore, Hcash still has a natural advantage over other systems at the system level.
  6. Hcash is Haven. Hcash holders can transfer between public and private addresses through their own wallets or client panels. The transaction or delivery across different systems can be requested for public-address or private-address coin.
  7. Hcash is handy. Hcash enables Hcash holders to transfer unlimited times with a limited block size.

Hshare

  • Hshare is going to be Hcash in the future. Hshare is currently the ico distribution token for Hcash.
  • Estimated date for Hcash tokens distribution is in January 2018.
  • Hshare ICO was on 28th June 2017.

Official

  • Hcash stands for hyper cash.
  • Hcash is a revolutionary cryptocurrency and makes blockchain better.
  • Hcash is based in Melbourne, Victoria.[2]

Video Playlist[edit]

What is Hcash?

00:00 Hcash is a distributed ledger cryptocurrency in both blockchain and blockless based Directed Acyclic Graph (DAG) System.
00:00 Here are 7 reasons why Hcash can be a revolutionary cryptocurrency.
00:10 One, Hcash is Hive.
00:15 Hcash has a dual sidechain composed of blockchain and DAG systems.
00:17 Designed to implement an unrestricted flow of information between blockchain-based and blockless-based distributed system.
00:24 Second, Hcash is hidden.
00:32 Hcash will adopt Zero Knowledge Proof technology to achieve bi-directional encryption and many other areas demanding transactional privacy.
00:35 Three, Hcash is Hybrid.
00:43 The consensus mechanism for Hcash is PoW+PoS Open-Governance Model.
00:45 Hcash holders are able to participate in significant community-wide decision-making, including protocol updating and upgrading through a PoS mining mechanism.
00:52 Four, Hcash is Hierarchy DAO Governance.
01:05 Decentralized Autonomous Organization is the driving force behind future advancement, and provides the Hcash community with continual vitality.
01:08 Five, Hcash is hard.
01:17 Hcash takes quantum resistance into consideration from the very beginning of system design.
01:20 Therefore, Hcash still has a natural advantage over other systems at the system level.
01:26 Six, Hcash is Haven.
01:35 Hcash holders can transfer between public and private addresses through their own wallets or client panels.
01:38 The transaction or delivery across different systems can be requested for public-address or private-address coin.
01:44 Seven, Hcash is handy.
01:52 Hcash enables Hcash holders to transfer unlimited times with a limited block size.
01:54 Overall, Hcash is a revolutionary cryptocurrency and makes blockchain better.
02:02 Learn more about Hcash at H.cash and join this exciting journey.

What is Hcash (and Hshare)?!

00:00 What's up guys, so I'm sure if you're like me, you were checking out coin market cap as you normally view every day multiple times a day and you saw this particular new cryptocurrency come up called a hshare, currently sitting around 13th on coin market cap.
00:12 And so I wanted to do a little bit of digging and see what the what the deal is with this particular cryptocurrency and why it jumped up on everyone's radar all of a sudden, basically overnight.
00:24 So hshare is going to be Hcash in the future.
00:26 Hshare is currently the ico distribution token if you will for Hcash which is short for hyper cash.
00:34 So Hcash is going to enable a value or information exchange between blockchains and will be a side chain between block based protocols like Ethereum or blockchain or block less based block chains like iota or bike ball.
00:47 It will also have both private and public addresses compatible with Zcash and byte ball address systems.
00:54 And then in the future they plan on allowing you to actually just send zcash or byte ball directly in Hcash and that's pretty cool, cuz you know for me it was someone who likes byte ball and what they bring to the table, you don't really see a lot of use cases for it yet, I mean it does have use cases but nothing really mainstream, and it looks like it's now going to be sort of aligning itself with other protocols out there and becoming more widely use or having more wide or use cases in the future which is good to see in my opinion.
01:22 There are two types of addresses in Hcash, white and black, and Hcash can be sent and transferred between those two with ease.
01:32 The black addresses are meant to be anonymous, white addresses are not.
01:35 So if you're familiar with white ball, it operates similarly with black bytes and just the normal you know white ball itself.
01:46 So it is meant to be fully encrypted based on zero knowledge proof technology, which is the same technology that powers Zcash.
01:53 So it's going to have a least widely supported anonymity protocol within the blockchain itself or within the cryptocurrency itself.
02:03 So it's going to at least then be trusted in that regard as some you know protocols aren't as anonymous maybe they lead on.
02:12 So Hcash is powered by direct a cyclic graph technology and operates similarly to iota, in that the data flows from node to node without ever making the loop.
02:23 It kind of you know, if you know what tangle is, it kind of you know bounces around to all these different nodes and that's how information is validated within the blockchain, it's a block list base type of blockchain technology.
02:34 And it also helps support traditional block chains like Bitcoin and Ethereum and then we'll obviously then take on and support newer blockchain technologies as they come out in the future.
02:45 So Hcash operates similarly to de cred and dash and that it has a proof of stake and a proof of work open governance model.
02:51 So it relies on both to validate and and provide consensus of the platform in the protocol, but also works in a manner that is a little bit more fair to the community.
03:05 So it also introduced, Hcash also introduces introduces instant instance open governance which allows all holders to participate in community decisions regardless of how much they have.
03:16 So in DASH, I know if you want, if you're a master node then you were then able to participate in the voting of various projects or initiatives within the blockchain, and this then you know the way that Hcash wants to do it is allow then everyone based on their holdings to participate in any type of decisions that are coming through.
03:35 And then the proof of work also prevents any pre ICO whales from holding onto large stakes of the of Hcash in order to then sort of dictate the way things go, proof of work within divvy up the the tokens as they're coming out to allow others to get their hands on them to have a more of a democratic approach within the blockchain, within this particular cryptocurrency.
03:59 And then once a vote is passed, all decisions will be recorded in the blockchain, and then that's done in order to avoid any type of consensus issues.
04:05 Hcash is quantum resistance which I know is something that a lot of people really get excited about.
04:12 I'm not personally all that excited about quantum resistance at the moment, quantum computing is still quite a ways out by the time we get to any type of threat with these crypto currencies, I assume that we will have a new type of technology that would be implemented in order to help stave off any type of worries with quantum computing that can just you know overpower these cryptocurrencies and and then obviously lead to all sorts of problems with you know breaking these block chains down and hacking them and things like that, hopefully then that will be solved by then.
04:43 But it, you know it's a nice selling point if you're interested in having that type of protection in case you know god forbid quantum computing kind of rises up out of thin air and it immediately starts attacking all the Bitcoin, which I don't necessarily see happening.
04:57 In total 84 million tokens are going to be created, 21 million will be created via proof-of-work and then sent to dark addresses of those who are participating in that proof-of-work algorithmic, you know blockchain consensus.
05:12 There will be 21 million created by proof of stake.
05:14 Similarly they will also be sent to dark addresses, there'll be an ICO and the free distribution and when that will account for 21 million as well.
05:23 So that's 75 they're already taking up pre.
05:26 Pre ICO investors will hold at twelve point six million tokens, 4.2 million will belong to the development team and the Hcash fund, and 4.2 million will be allocated to the Hcash decentralized autonomous organization.
05:41 So it looks like they're setting aside some funds then for projects and and upcoming things in the future which is good to see.
05:47 It means they are at least setting themselves up for long-term success by sort of thinking about how they're going to develop this.
05:54 And with blockchain and encrypted currency being so new and just being completely new technology in general, it's good to have some at least a sense of not rushing into things so quickly.
06:06 Now the main chain is not going to start until January 2018, so we got a little bit of time building up to it, that's also why there's gonna be the H shares that will be distributed rather than H cash, a lot of people to get in and invest early as opposed to say waiting for the main chain to come out and then buying them up then.
06:23 Once the H shares are distributed, they will eventually then be destroyed as you come in and create your Hcash.
06:29 So that's all laid out by the roadmap, it's a long term play if you're gonna get into this ICO, this is a long hold.
06:36 As you know I'm not particularly interested in icos, but I thought this was an interesting project and given its sort of wave or the ways that it was making no pun intended on the, you know, on coin market cap and kind of seeing it bouncing around forums.
06:52 I figured I'd touch on it and you know at least give you guys a little bit of info on you know what my opinion is on it kind of how it compares to other cryptocurrencies and what it brings to the table here in the future.
07:04 And so that's it, just a brief overview on Hcash or hshare however you want to look at it, and what its gonna bring to the table, what its gonna be doing and what it hopes to solve.
07:14 It looks to be kind of an open platform or something that can operate both as a currency, something that can transfer information or value of different kind between blockchains and who knows, maybe ends up becoming an exchange or a platform similar to Monako or something like that.
07:32 So, I don't know either way I thought it was an interesting project, be sure to check them out, they looks like they have a strong team as well and and they're certainly open and transparent about what they're doing overall at least from what I've seen, so.
07:45 That's it for me, check out Hcash, learn a little bit more, if you have any comments or questions let me know.
07:52 If you like this information be sure to like and subscribe, as I do tend to do these every now and again and actually plan on doing a few more ICO type reviews in the future and just coin overviews in general.
08:04 There are more and more coming out all the time and that's just giving me more and more opportunity to bring you guys some new content or something interesting or my perspective on these particular cryptocurrencies.
08:13 So until next time disregard Fiat and acquire Bitcoin see you guys.

Frequently asked questions[edit]

  • What is the difference between Hshare and Hcash?
Hshare is going to be Hcash in the future. Hshare is currently the ico distribution token for Hcash.

Reviews[edit]

References[edit]