SmartCash is a currency and de centralization economy based on block chain technology that focuses on community governance, cooperation and growth.
Traditional encrypted currencies, such as bitcoin, only reward miners, but ignore other participants who play a positive role in maintenance, development and promotion projects. SmartCash is an encrypted currency that pays more attention to community value. 80% of the block rewards are allocated to SmartHive community proposal and R & D team, and the remaining 20% of the reward is allocated to mining (5%) and SmartRewards (15%).
SmartCash focuses on the community, so 70% of the budget is reserved for the community's pursuit of projects, leaving only 30% of the funds for other transactions, such as system maintenance and other basic needs. SmartCash highly encourages anyone with skills to help them develop projects, participate in the community, and bring the most creative ideas to the community.
SmartCash can avoid the process of mining centralized excessive burden on the network, each computer not only can be used as mining equipment, but also can perform other tasks.
SmartCash uses the Zerocoin protocol, which provides the most stable privacy and interchangeability at present. In order to create and maintain a distributed governance structure, we have introduced two concepts, SmartHive and Hive Structuring Teams (HST). SmartHive enables anyone with a coin to vote on a proposal submitted by the community. SmartHive will become the lifeblood of the project, allowing anyone to participate and submit proposals and create a bottom-up management structure.
SmartCash is a great crypto, I have a lot of faith in the team and the community, and I think this year will grow a lot.