The number of crypto currencies continues to grow. It is estimated that there are now more than 1,200 digital payment units worldwide. An even larger number can be calculated by including all systems based on a blockchain.
The question therefore arises more and more often: How can this large number of systems be linked together in a meaningful way? The Hyper Cash project - or HCash for short - would like to offer a solution to this problem. However, the actual platform still does not exist any more than the final crypto currency. The HShare token was therefore issued as a kind of transitional solution as part of an ICO. In a few months, it will be possible to exchange this for the final cryptographic currency.
A sidechain is to connect different account books with each other.
Basically, HCash would like to operate with so-called sidechains later on. This approach is basically not new, but is already being used in other projects. The idea: Instead of storing all information in a large blockchain, which becomes larger and more complex, a new blockchain is opened for certain areas.
This can be provided with additional functions and is then only synchronized with the general ledger at certain times. The special feature of HCash and the associated HShare coin is that such a sidechain is not only to be set up between different blockchains, but also a connection to so-called directional acyclic graphs - such as the IOTA coin - can be established.
The prerequisite for this is that new blocks can be generated without long waiting times. A Zero Knowledge Proof should also ensure that the transactions can be carried out completely anonymously - as is the case with the Monero Coin, for example. However, the developers behind the HShare token are still stingy with technical details.
The white paper is comparatively sloppily written and is largely written in general terms. Little is known about the team behind the project either. Well-known names from the crypto scene are not represented there. All this leads to the accusation that it's a "scam" from time to time. So far it is difficult to verify these accusations.
The ICO of the Hshare Token was successful
At least, the HShare coin has already been able to attract numerous investors in an ICO, although - as already mentioned - only one governor was issued for the crypto currency planned for the future. It is basically attractive for the holders of the tokens to be able to vote on all relevant decisions. If a majority then decides in favour of a change, it is to be implemented directly.
For this procedure to work, however, the tokens must also be distributed as widely as possible in order not to concentrate decision-making power on very few people. It is therefore planned to establish both a proof-of-stake approach and the proof-of-work procedure. In addition, five percent of the coins generated flow into a special fund, which can then be used by the token holders.
The private keys should also be protected from quantum computers.
The HShare token also advertises that it was designed to be "quantum-safe". Behind this is the fear of the crypto scene that the complicated encryption systems of private keys could be cracked by newly developed quantum computers. Many wallets would no longer be secure. In principle, however, it should be possible to improve the algorithms in such a way that they cannot be bypassed by quantum computers.
This is what the developers of Hshare want to have considered. Here, too, the technical details are still unknown. In any case, this is an interesting point. The most important exchange platform for the Hshare token is Binance. About one fifth of the transactions are processed there.
As a relatively young crypto currency without a finished product, Hshare is still struggling with strong price fluctuations and has to win the trust of investors. After the ICO, for example, there was a slight downward trend before the price even rose to more than EUR 30 per token shortly before Christmas.
In the meantime, however, a strong correction has set in again and the share price is now trading slightly below the original level of 15 euros. The market capitalisation of the 42.6 million tokens is thus just over 500 million euros.
Trade HSR - HSR Markets, Exchanges, Broker
The number of crypto currencies continues to grow. It is estimated that there are now more than 1,200 digital payment units worldwide. An even larger number can be calculated by including all systems based on a blockchain.
The question therefore arises more and more often: How can this large number of systems be linked together in a meaningful way? The Hyper Cash project - or HCash for short - would like to offer a solution to this problem. However, the actual platform still does not exist any more than the final crypto currency. The HShare token was therefore issued as a kind of transitional solution as part of an ICO. In a few months, it will be possible to exchange this for the final cryptographic currency.
A sidechain is to connect different account books with each other.
Basically, HCash would like to operate with so-called sidechains later on. This approach is basically not new, but is already being used in other projects. The idea: Instead of storing all information in a large blockchain, which becomes larger and more complex, a new blockchain is opened for certain areas.
This can be provided with additional functions and is then only synchronized with the general ledger at certain times. The special feature of HCash and the associated HShare coin is that such a sidechain is not only to be set up between different blockchains, but also a connection to so-called directional acyclic graphs - such as the IOTA coin - can be established.
The prerequisite for this is that new blocks can be generated without long waiting times. A Zero Knowledge Proof should also ensure that the transactions can be carried out completely anonymously - as is the case with the Monero Coin, for example. However, the developers behind the HShare token are still stingy with technical details.
The white paper is comparatively sloppily written and is largely written in general terms. Little is known about the team behind the project either. Well-known names from the crypto scene are not represented there. All this leads to the accusation that it's a "scam" from time to time. So far it is difficult to verify these accusations.
The ICO of the Hshare Token was successful
At least, the HShare coin has already been able to attract numerous investors in an ICO, although - as already mentioned - only one governor was issued for the crypto currency planned for the future. It is basically attractive for the holders of the tokens to be able to vote on all relevant decisions. If a majority then decides in favour of a change, it is to be implemented directly.
For this procedure to work, however, the tokens must also be distributed as widely as possible in order not to concentrate decision-making power on very few people. It is therefore planned to establish both a proof-of-stake approach and the proof-of-work procedure. In addition, five percent of the coins generated flow into a special fund, which can then be used by the token holders.
The private keys should also be protected from quantum computers.
The HShare token also advertises that it was designed to be "quantum-safe". Behind this is the fear of the crypto scene that the complicated encryption systems of private keys could be cracked by newly developed quantum computers. Many wallets would no longer be secure. In principle, however, it should be possible to improve the algorithms in such a way that they cannot be bypassed by quantum computers.
This is what the developers of Hshare want to have considered. Here, too, the technical details are still unknown. In any case, this is an interesting point. The most important exchange platform for the Hshare token is Binance. About one fifth of the transactions are processed there.
As a relatively young crypto currency without a finished product, Hshare is still struggling with strong price fluctuations and has to win the trust of investors. After the ICO, for example, there was a slight downward trend before the price even rose to more than EUR 30 per token shortly before Christmas.
In the meantime, however, a strong correction has set in again and the share price is now trading slightly below the original level of 15 euros. The market capitalisation of the 42.6 million tokens is thus just over 500 million euros.
Trade HSR - HSR Markets, Exchanges, Broker
The number of crypto currencies continues to grow. It is estimated that there are now more than 1,200 digital payment units worldwide. An even larger number can be calculated by including all systems based on a blockchain.
The question therefore arises more and more often: How can this large number of systems be linked together in a meaningful way? The Hyper Cash project - or HCash for short - would like to offer a solution to this problem. However, the actual platform still does not exist any more than the final crypto currency. The HShare token was therefore issued as a kind of transitional solution as part of an ICO. In a few months, it will be possible to exchange this for the final cryptographic currency.
A sidechain is to connect different account books with each other.
Basically, HCash would like to operate with so-called sidechains later on. This approach is basically not new, but is already being used in other projects. The idea: Instead of storing all information in a large blockchain, which becomes larger and more complex, a new blockchain is opened for certain areas.
This can be provided with additional functions and is then only synchronized with the general ledger at certain times. The special feature of HCash and the associated HShare coin is that such a sidechain is not only to be set up between different blockchains, but also a connection to so-called directional acyclic graphs - such as the IOTA coin - can be established.
The prerequisite for this is that new blocks can be generated without long waiting times. A Zero Knowledge Proof should also ensure that the transactions can be carried out completely anonymously - as is the case with the Monero Coin, for example. However, the developers behind the HShare token are still stingy with technical details.
The white paper is comparatively sloppily written and is largely written in general terms. Little is known about the team behind the project either. Well-known names from the crypto scene are not represented there. All this leads to the accusation that it's a "scam" from time to time. So far it is difficult to verify these accusations.
The ICO of the Hshare Token was successful
At least, the HShare coin has already been able to attract numerous investors in an ICO, although - as already mentioned - only one governor was issued for the crypto currency planned for the future. It is basically attractive for the holders of the tokens to be able to vote on all relevant decisions. If a majority then decides in favour of a change, it is to be implemented directly.
For this procedure to work, however, the tokens must also be distributed as widely as possible in order not to concentrate decision-making power on very few people. It is therefore planned to establish both a proof-of-stake approach and the proof-of-work procedure. In addition, five percent of the coins generated flow into a special fund, which can then be used by the token holders.
The private keys should also be protected from quantum computers.
The HShare token also advertises that it was designed to be "quantum-safe". Behind this is the fear of the crypto scene that the complicated encryption systems of private keys could be cracked by newly developed quantum computers. Many wallets would no longer be secure. In principle, however, it should be possible to improve the algorithms in such a way that they cannot be bypassed by quantum computers.
This is what the developers of Hshare want to have considered. Here, too, the technical details are still unknown. In any case, this is an interesting point. The most important exchange platform for the Hshare token is Binance. About one fifth of the transactions are processed there.
As a relatively young crypto currency without a finished product, Hshare is still struggling with strong price fluctuations and has to win the trust of investors. After the ICO, for example, there was a slight downward trend before the price even rose to more than EUR 30 per token shortly before Christmas.
In the meantime, however, a strong correction has set in again and the share price is now trading slightly below the original level of 15 euros. The market capitalisation of the 42.6 million tokens is thus just over 500 million euros.
Trade HSR - HSR Markets, Exchanges, Broker
The number of crypto currencies continues to grow. It is estimated that there are now more than 1,200 digital payment units worldwide. An even larger number can be calculated by including all systems based on a blockchain.
The question therefore arises more and more often: How can this large number of systems be linked together in a meaningful way? The Hyper Cash project - or HCash for short - would like to offer a solution to this problem. However, the actual platform still does not exist any more than the final crypto currency. The HShare token was therefore issued as a kind of transitional solution as part of an ICO. In a few months, it will be possible to exchange this for the final cryptographic currency.
A sidechain is to connect different account books with each other.
Basically, HCash would like to operate with so-called sidechains later on. This approach is basically not new, but is already being used in other projects. The idea: Instead of storing all information in a large blockchain, which becomes larger and more complex, a new blockchain is opened for certain areas.
This can be provided with additional functions and is then only synchronized with the general ledger at certain times. The special feature of HCash and the associated HShare coin is that such a sidechain is not only to be set up between different blockchains, but also a connection to so-called directional acyclic graphs - such as the IOTA coin - can be established.
The prerequisite for this is that new blocks can be generated without long waiting times. A Zero Knowledge Proof should also ensure that the transactions can be carried out completely anonymously - as is the case with the Monero Coin, for example. However, the developers behind the HShare token are still stingy with technical details.
The white paper is comparatively sloppily written and is largely written in general terms. Little is known about the team behind the project either. Well-known names from the crypto scene are not represented there. All this leads to the accusation that it's a "scam" from time to time. So far it is difficult to verify these accusations.
The ICO of the Hshare Token was successful
At least, the HShare coin has already been able to attract numerous investors in an ICO, although - as already mentioned - only one governor was issued for the crypto currency planned for the future. It is basically attractive for the holders of the tokens to be able to vote on all relevant decisions. If a majority then decides in favour of a change, it is to be implemented directly.
For this procedure to work, however, the tokens must also be distributed as widely as possible in order not to concentrate decision-making power on very few people. It is therefore planned to establish both a proof-of-stake approach and the proof-of-work procedure. In addition, five percent of the coins generated flow into a special fund, which can then be used by the token holders.
The private keys should also be protected from quantum computers.
The HShare token also advertises that it was designed to be "quantum-safe". Behind this is the fear of the crypto scene that the complicated encryption systems of private keys could be cracked by newly developed quantum computers. Many wallets would no longer be secure. In principle, however, it should be possible to improve the algorithms in such a way that they cannot be bypassed by quantum computers.
This is what the developers of Hshare want to have considered. Here, too, the technical details are still unknown. In any case, this is an interesting point. The most important exchange platform for the Hshare token is Binance. About one fifth of the transactions are processed there.
As a relatively young crypto currency without a finished product, Hshare is still struggling with strong price fluctuations and has to win the trust of investors. After the ICO, for example, there was a slight downward trend before the price even rose to more than EUR 30 per token shortly before Christmas.
In the meantime, however, a strong correction has set in again and the share price is now trading slightly below the original level of 15 euros. The market capitalisation of the 42.6 million tokens is thus just over 500 million euros.
Trade HSR - HSR Markets, Exchanges, Broker
The number of crypto currencies continues to grow. It is estimated that there are now more than 1,200 digital payment units worldwide. An even larger number can be calculated by including all systems based on a blockchain.
The question therefore arises more and more often: How can this large number of systems be linked together in a meaningful way? The Hyper Cash project - or HCash for short - would like to offer a solution to this problem. However, the actual platform still does not exist any more than the final crypto currency. The HShare token was therefore issued as a kind of transitional solution as part of an ICO. In a few months, it will be possible to exchange this for the final cryptographic currency.
A sidechain is to connect different account books with each other.
Basically, HCash would like to operate with so-called sidechains later on. This approach is basically not new, but is already being used in other projects. The idea: Instead of storing all information in a large blockchain, which becomes larger and more complex, a new blockchain is opened for certain areas.
This can be provided with additional functions and is then only synchronized with the general ledger at certain times. The special feature of HCash and the associated HShare coin is that such a sidechain is not only to be set up between different blockchains, but also a connection to so-called directional acyclic graphs - such as the IOTA coin - can be established.
The prerequisite for this is that new blocks can be generated without long waiting times. A Zero Knowledge Proof should also ensure that the transactions can be carried out completely anonymously - as is the case with the Monero Coin, for example. However, the developers behind the HShare token are still stingy with technical details.
The white paper is comparatively sloppily written and is largely written in general terms. Little is known about the team behind the project either. Well-known names from the crypto scene are not represented there. All this leads to the accusation that it's a "scam" from time to time. So far it is difficult to verify these accusations.
The ICO of the Hshare Token was successful
At least, the HShare coin has already been able to attract numerous investors in an ICO, although - as already mentioned - only one governor was issued for the crypto currency planned for the future. It is basically attractive for the holders of the tokens to be able to vote on all relevant decisions. If a majority then decides in favour of a change, it is to be implemented directly.
For this procedure to work, however, the tokens must also be distributed as widely as possible in order not to concentrate decision-making power on very few people. It is therefore planned to establish both a proof-of-stake approach and the proof-of-work procedure. In addition, five percent of the coins generated flow into a special fund, which can then be used by the token holders.
The private keys should also be protected from quantum computers.
The HShare token also advertises that it was designed to be "quantum-safe". Behind this is the fear of the crypto scene that the complicated encryption systems of private keys could be cracked by newly developed quantum computers. Many wallets would no longer be secure. In principle, however, it should be possible to improve the algorithms in such a way that they cannot be bypassed by quantum computers.
This is what the developers of Hshare want to have considered. Here, too, the technical details are still unknown. In any case, this is an interesting point. The most important exchange platform for the Hshare token is Binance. About one fifth of the transactions are processed there.
As a relatively young crypto currency without a finished product, Hshare is still struggling with strong price fluctuations and has to win the trust of investors. After the ICO, for example, there was a slight downward trend before the price even rose to more than EUR 30 per token shortly before Christmas.
In the meantime, however, a strong correction has set in again and the share price is now trading slightly below the original level of 15 euros. The market capitalisation of the 42.6 million tokens is thus just over 500 million euros.
Trade HSR - HSR Markets, Exchanges, Broker
The number of crypto currencies continues to grow. It is estimated that there are now more than 1,200 digital payment units worldwide. An even larger number can be calculated by including all systems based on a blockchain.
The question therefore arises more and more often: How can this large number of systems be linked together in a meaningful way? The Hyper Cash project - or HCash for short - would like to offer a solution to this problem. However, the actual platform still does not exist any more than the final crypto currency. The HShare token was therefore issued as a kind of transitional solution as part of an ICO. In a few months, it will be possible to exchange this for the final cryptographic currency.
A sidechain is to connect different account books with each other.
Basically, HCash would like to operate with so-called sidechains later on. This approach is basically not new, but is already being used in other projects. The idea: Instead of storing all information in a large blockchain, which becomes larger and more complex, a new blockchain is opened for certain areas.
This can be provided with additional functions and is then only synchronized with the general ledger at certain times. The special feature of HCash and the associated HShare coin is that such a sidechain is not only to be set up between different blockchains, but also a connection to so-called directional acyclic graphs - such as the IOTA coin - can be established.
The prerequisite for this is that new blocks can be generated without long waiting times. A Zero Knowledge Proof should also ensure that the transactions can be carried out completely anonymously - as is the case with the Monero Coin, for example. However, the developers behind the HShare token are still stingy with technical details.
The white paper is comparatively sloppily written and is largely written in general terms. Little is known about the team behind the project either. Well-known names from the crypto scene are not represented there. All this leads to the accusation that it's a "scam" from time to time. So far it is difficult to verify these accusations.
The ICO of the Hshare Token was successful
At least, the HShare coin has already been able to attract numerous investors in an ICO, although - as already mentioned - only one governor was issued for the crypto currency planned for the future. It is basically attractive for the holders of the tokens to be able to vote on all relevant decisions. If a majority then decides in favour of a change, it is to be implemented directly.
For this procedure to work, however, the tokens must also be distributed as widely as possible in order not to concentrate decision-making power on very few people. It is therefore planned to establish both a proof-of-stake approach and the proof-of-work procedure. In addition, five percent of the coins generated flow into a special fund, which can then be used by the token holders.
The private keys should also be protected from quantum computers.
The HShare token also advertises that it was designed to be "quantum-safe". Behind this is the fear of the crypto scene that the complicated encryption systems of private keys could be cracked by newly developed quantum computers. Many wallets would no longer be secure. In principle, however, it should be possible to improve the algorithms in such a way that they cannot be bypassed by quantum computers.
This is what the developers of Hshare want to have considered. Here, too, the technical details are still unknown. In any case, this is an interesting point. The most important exchange platform for the Hshare token is Binance. About one fifth of the transactions are processed there.
As a relatively young crypto currency without a finished product, Hshare is still struggling with strong price fluctuations and has to win the trust of investors. After the ICO, for example, there was a slight downward trend before the price even rose to more than EUR 30 per token shortly before Christmas.
In the meantime, however, a strong correction has set in again and the share price is now trading slightly below the original level of 15 euros. The market capitalisation of the 42.6 million tokens is thus just over 500 million euros.
Trade HSR - HSR Markets, Exchanges, Broker
The number of crypto currencies continues to grow. It is estimated that there are now more than 1,200 digital payment units worldwide. An even larger number can be calculated by including all systems based on a blockchain.
The question therefore arises more and more often: How can this large number of systems be linked together in a meaningful way? The Hyper Cash project - or HCash for short - would like to offer a solution to this problem. However, the actual platform still does not exist any more than the final crypto currency. The HShare token was therefore issued as a kind of transitional solution as part of an ICO. In a few months, it will be possible to exchange this for the final cryptographic currency.
A sidechain is to connect different account books with each other.
Basically, HCash would like to operate with so-called sidechains later on. This approach is basically not new, but is already being used in other projects. The idea: Instead of storing all information in a large blockchain, which becomes larger and more complex, a new blockchain is opened for certain areas.
This can be provided with additional functions and is then only synchronized with the general ledger at certain times. The special feature of HCash and the associated HShare coin is that such a sidechain is not only to be set up between different blockchains, but also a connection to so-called directional acyclic graphs - such as the IOTA coin - can be established.
The prerequisite for this is that new blocks can be generated without long waiting times. A Zero Knowledge Proof should also ensure that the transactions can be carried out completely anonymously - as is the case with the Monero Coin, for example. However, the developers behind the HShare token are still stingy with technical details.
The white paper is comparatively sloppily written and is largely written in general terms. Little is known about the team behind the project either. Well-known names from the crypto scene are not represented there. All this leads to the accusation that it's a "scam" from time to time. So far it is difficult to verify these accusations.
The ICO of the Hshare Token was successful
At least, the HShare coin has already been able to attract numerous investors in an ICO, although - as already mentioned - only one governor was issued for the crypto currency planned for the future. It is basically attractive for the holders of the tokens to be able to vote on all relevant decisions. If a majority then decides in favour of a change, it is to be implemented directly.
For this procedure to work, however, the tokens must also be distributed as widely as possible in order not to concentrate decision-making power on very few people. It is therefore planned to establish both a proof-of-stake approach and the proof-of-work procedure. In addition, five percent of the coins generated flow into a special fund, which can then be used by the token holders.
The private keys should also be protected from quantum computers.
The HShare token also advertises that it was designed to be "quantum-safe". Behind this is the fear of the crypto scene that the complicated encryption systems of private keys could be cracked by newly developed quantum computers. Many wallets would no longer be secure. In principle, however, it should be possible to improve the algorithms in such a way that they cannot be bypassed by quantum computers.
This is what the developers of Hshare want to have considered. Here, too, the technical details are still unknown. In any case, this is an interesting point. The most important exchange platform for the Hshare token is Binance. About one fifth of the transactions are processed there.
As a relatively young crypto currency without a finished product, Hshare is still struggling with strong price fluctuations and has to win the trust of investors. After the ICO, for example, there was a slight downward trend before the price even rose to more than EUR 30 per token shortly before Christmas.
In the meantime, however, a strong correction has set in again and the share price is now trading slightly below the original level of 15 euros. The market capitalisation of the 42.6 million tokens is thus just over 500 million euros.
Trade HSR - HSR Markets, Exchanges, Broker
The number of crypto currencies continues to grow. It is estimated that there are now more than 1,200 digital payment units worldwide. An even larger number can be calculated by including all systems based on a blockchain.
The question therefore arises more and more often: How can this large number of systems be linked together in a meaningful way? The Hyper Cash project - or HCash for short - would like to offer a solution to this problem. However, the actual platform still does not exist any more than the final crypto currency. The HShare token was therefore issued as a kind of transitional solution as part of an ICO. In a few months, it will be possible to exchange this for the final cryptographic currency.
A sidechain is to connect different account books with each other.
Basically, HCash would like to operate with so-called sidechains later on. This approach is basically not new, but is already being used in other projects. The idea: Instead of storing all information in a large blockchain, which becomes larger and more complex, a new blockchain is opened for certain areas.
This can be provided with additional functions and is then only synchronized with the general ledger at certain times. The special feature of HCash and the associated HShare coin is that such a sidechain is not only to be set up between different blockchains, but also a connection to so-called directional acyclic graphs - such as the IOTA coin - can be established.
The prerequisite for this is that new blocks can be generated without long waiting times. A Zero Knowledge Proof should also ensure that the transactions can be carried out completely anonymously - as is the case with the Monero Coin, for example. However, the developers behind the HShare token are still stingy with technical details.
The white paper is comparatively sloppily written and is largely written in general terms. Little is known about the team behind the project either. Well-known names from the crypto scene are not represented there. All this leads to the accusation that it's a "scam" from time to time. So far it is difficult to verify these accusations.
The ICO of the Hshare Token was successful
At least, the HShare coin has already been able to attract numerous investors in an ICO, although - as already mentioned - only one governor was issued for the crypto currency planned for the future. It is basically attractive for the holders of the tokens to be able to vote on all relevant decisions. If a majority then decides in favour of a change, it is to be implemented directly.
For this procedure to work, however, the tokens must also be distributed as widely as possible in order not to concentrate decision-making power on very few people. It is therefore planned to establish both a proof-of-stake approach and the proof-of-work procedure. In addition, five percent of the coins generated flow into a special fund, which can then be used by the token holders.
The private keys should also be protected from quantum computers.
The HShare token also advertises that it was designed to be "quantum-safe". Behind this is the fear of the crypto scene that the complicated encryption systems of private keys could be cracked by newly developed quantum computers. Many wallets would no longer be secure. In principle, however, it should be possible to improve the algorithms in such a way that they cannot be bypassed by quantum computers.
This is what the developers of Hshare want to have considered. Here, too, the technical details are still unknown. In any case, this is an interesting point. The most important exchange platform for the Hshare token is Binance. About one fifth of the transactions are processed there.
As a relatively young crypto currency without a finished product, Hshare is still struggling with strong price fluctuations and has to win the trust of investors. After the ICO, for example, there was a slight downward trend before the price even rose to more than EUR 30 per token shortly before Christmas.
In the meantime, however, a strong correction has set in again and the share price is now trading slightly below the original level of 15 euros. The market capitalisation of the 42.6 million tokens is thus just over 500 million euros.
Trade HSR - HSR Markets, Exchanges, Broker
The number of crypto currencies continues to grow. It is estimated that there are now more than 1,200 digital payment units worldwide. An even larger number can be calculated by including all systems based on a blockchain.
The question therefore arises more and more often: How can this large number of systems be linked together in a meaningful way? The Hyper Cash project - or HCash for short - would like to offer a solution to this problem. However, the actual platform still does not exist any more than the final crypto currency. The HShare token was therefore issued as a kind of transitional solution as part of an ICO. In a few months, it will be possible to exchange this for the final cryptographic currency.
A sidechain is to connect different account books with each other.
Basically, HCash would like to operate with so-called sidechains later on. This approach is basically not new, but is already being used in other projects. The idea: Instead of storing all information in a large blockchain, which becomes larger and more complex, a new blockchain is opened for certain areas.
This can be provided with additional functions and is then only synchronized with the general ledger at certain times. The special feature of HCash and the associated HShare coin is that such a sidechain is not only to be set up between different blockchains, but also a connection to so-called directional acyclic graphs - such as the IOTA coin - can be established.
The prerequisite for this is that new blocks can be generated without long waiting times. A Zero Knowledge Proof should also ensure that the transactions can be carried out completely anonymously - as is the case with the Monero Coin, for example. However, the developers behind the HShare token are still stingy with technical details.
The white paper is comparatively sloppily written and is largely written in general terms. Little is known about the team behind the project either. Well-known names from the crypto scene are not represented there. All this leads to the accusation that it's a "scam" from time to time. So far it is difficult to verify these accusations.
The ICO of the Hshare Token was successful
At least, the HShare coin has already been able to attract numerous investors in an ICO, although - as already mentioned - only one governor was issued for the crypto currency planned for the future. It is basically attractive for the holders of the tokens to be able to vote on all relevant decisions. If a majority then decides in favour of a change, it is to be implemented directly.
For this procedure to work, however, the tokens must also be distributed as widely as possible in order not to concentrate decision-making power on very few people. It is therefore planned to establish both a proof-of-stake approach and the proof-of-work procedure. In addition, five percent of the coins generated flow into a special fund, which can then be used by the token holders.
The private keys should also be protected from quantum computers.
The HShare token also advertises that it was designed to be "quantum-safe". Behind this is the fear of the crypto scene that the complicated encryption systems of private keys could be cracked by newly developed quantum computers. Many wallets would no longer be secure. In principle, however, it should be possible to improve the algorithms in such a way that they cannot be bypassed by quantum computers.
This is what the developers of Hshare want to have considered. Here, too, the technical details are still unknown. In any case, this is an interesting point. The most important exchange platform for the Hshare token is Binance. About one fifth of the transactions are processed there.
As a relatively young crypto currency without a finished product, Hshare is still struggling with strong price fluctuations and has to win the trust of investors. After the ICO, for example, there was a slight downward trend before the price even rose to more than EUR 30 per token shortly before Christmas.
In the meantime, however, a strong correction has set in again and the share price is now trading slightly below the original level of 15 euros. The market capitalisation of the 42.6 million tokens is thus just over 500 million euros.
Trade HSR - HSR Markets, Exchanges, Broker
The number of crypto currencies continues to grow. It is estimated that there are now more than 1,200 digital payment units worldwide. An even larger number can be calculated by including all systems based on a blockchain.
The question therefore arises more and more often: How can this large number of systems be linked together in a meaningful way? The Hyper Cash project - or HCash for short - would like to offer a solution to this problem. However, the actual platform still does not exist any more than the final crypto currency. The HShare token was therefore issued as a kind of transitional solution as part of an ICO. In a few months, it will be possible to exchange this for the final cryptographic currency.
A sidechain is to connect different account books with each other.
Basically, HCash would like to operate with so-called sidechains later on. This approach is basically not new, but is already being used in other projects. The idea: Instead of storing all information in a large blockchain, which becomes larger and more complex, a new blockchain is opened for certain areas.
This can be provided with additional functions and is then only synchronized with the general ledger at certain times. The special feature of HCash and the associated HShare coin is that such a sidechain is not only to be set up between different blockchains, but also a connection to so-called directional acyclic graphs - such as the IOTA coin - can be established.
The prerequisite for this is that new blocks can be generated without long waiting times. A Zero Knowledge Proof should also ensure that the transactions can be carried out completely anonymously - as is the case with the Monero Coin, for example. However, the developers behind the HShare token are still stingy with technical details.
The white paper is comparatively sloppily written and is largely written in general terms. Little is known about the team behind the project either. Well-known names from the crypto scene are not represented there. All this leads to the accusation that it's a "scam" from time to time. So far it is difficult to verify these accusations.
The ICO of the Hshare Token was successful
At least, the HShare coin has already been able to attract numerous investors in an ICO, although - as already mentioned - only one governor was issued for the crypto currency planned for the future. It is basically attractive for the holders of the tokens to be able to vote on all relevant decisions. If a majority then decides in favour of a change, it is to be implemented directly.
For this procedure to work, however, the tokens must also be distributed as widely as possible in order not to concentrate decision-making power on very few people. It is therefore planned to establish both a proof-of-stake approach and the proof-of-work procedure. In addition, five percent of the coins generated flow into a special fund, which can then be used by the token holders.
The private keys should also be protected from quantum computers.
The HShare token also advertises that it was designed to be "quantum-safe". Behind this is the fear of the crypto scene that the complicated encryption systems of private keys could be cracked by newly developed quantum computers. Many wallets would no longer be secure. In principle, however, it should be possible to improve the algorithms in such a way that they cannot be bypassed by quantum computers.
This is what the developers of Hshare want to have considered. Here, too, the technical details are still unknown. In any case, this is an interesting point. The most important exchange platform for the Hshare token is Binance. About one fifth of the transactions are processed there.
As a relatively young crypto currency without a finished product, Hshare is still struggling with strong price fluctuations and has to win the trust of investors. After the ICO, for example, there was a slight downward trend before the price even rose to more than EUR 30 per token shortly before Christmas.
In the meantime, however, a strong correction has set in again and the share price is now trading slightly below the original level of 15 euros. The market capitalisation of the 42.6 million tokens is thus just over 500 million euros.