About SmartCash
Written by the projectWHAT IS SMARTCASH?
SmartCash is a community governance, cooperation & growth focused blockchain based currency & a decentralized economy.
SMARTHIVE
The self-funding mechanism that pays for the development and encourages members of the community to create their projects to grow and expand the use of SmartCash as a coin all over the globe.
SMARTREWARDS
SmartRewards are a price stabilization mechanism and a way to encourage long term holding.
INSTANTPAY
In order to provide a quality merchant experience, having Instant Transactions is a must, therefore, say hello to InstantPay.
COMMUNITY DRIVEN GROWTH & FUNDING
Traditional cryptocurrencies, like Bitcoin, reward only the miners while neglecting the other actors that play an active role in maintaining, developing and promoting the project. SmartCash is a community-centric cryptocurrency, where community and development comes first. 29% of the block reward has been allocated to fund SmartHive community proposals as well as the Hive Teams. 71% of the remaining block reward has been allocated to Mining (1%) and SmartRewards (60%) and SmartNodes (10%).
With SmartCash we leaving only 29% for certain projects like system maintenance and some other basic needs. We highly encourage anyone with the skills to help grow SmartCash to get involved in the community and bring your best creative ideas with you.
60% - SmartRewards
Funds allocated for SmartRewards.
29% - Hive Structuring Team
Funds outreach, development, support, web, and smarthub through 4 dedicated Hive Teams.
11% - Miners/SmartNodes
Funds allocated for Miners/SmartNodes.
THE SMARTCASH MINING CONCEPT
SmartCash now has SmartMining that prevents mining attacks. Mining can be done by anyone with a computer with one or more graphics cards. ASICs have yet to be created ...
