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Topic: Hacash - Bitcoin's Principal in it's core with 3 Heterogenous currency! (Read 79 times)

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This is a great post about hacash.
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In December 2018 (yes, it was the year when IEO was popular) Hacash released the white paper on Github , and launched the code to mine the first block on February 4th of the following year-but no one knew at this time all of these. Few people received a link to the white paper and the first version of the code in the mailbox left on Zhihu a month later. At that time, it did not arouse much interest, thinking that this was just “another mining currency”. From the WeChat group established by everyone at the end, we learned that about two dozen people on Zhihu received the white paper and the Github address of the code through private messages or emails. We still don’t know who created Hacash — he disappeared or was hidden as another ordinary person.

The only certainty is that from the author’s knowledge of the population who first started Hacash mining, this project entered the community’s open and free mining state within less than two months after the founding block was mined: there is a small The miner went to a certain domestic CPU mining forum to post a post, and then attracted dozens of miners to enter. Due to the low computing power at the time, they were often monopolized by “big guys” with dozens of servers. Some left afterwards. At that time, there were also people in the WeChat group buying coins mined by miners at prices ranging from 1 yuan to 5 yuan. However, the author learned that most of these earliest miners later stopped mining, and only a few persisted until now-two years later today.

Yes, Hacash survived like this “no life to support” and “self-fed”. No one came out to claim to invent or lead this project, nor did anyone make exquisite posters for it and put one after another bragging article into the mailbox of various media outlets. Of course, no one did it. Any “market value management” and put the tokens online on any exchange-all the mined coins are in the hands of everyone who joins the community in the early days, miners compete with each other for mining, and others are guaranteed by the group owner in the WeChat group. Hash power fluctuates, sometimes high and sometimes low, coins are sometimes bought, and sometimes no one cares. Everyone often looks at each other and wonders who is the “project party”.

This is Hacash’s extremely indifferent approach: even the creator has never owned a 100% fair mining start. No one has set any “target price” for this coin, and no project party has made a shameless call. Considering that IEO is prevalent and big capital generally endorsed projects in 2018, this is really rare and unique. Today, two years later, we look back at those “star projects” initiated by luxury teams under the spotlight, massive capital blessings, and well-known professors writing white papers. Almost all of them are filled with stacks of fresh and tender leek juice. The great mission has also become a joke for “the team is doing things”-in Saifedean’s words: In addition to making the founders rich, these various projects will not really achieve much.

 daily mining output is shared by dozens of mining pools and full nodes. Everyone buys and sells OTC with each other, and develops various tools and API interfaces. Participants spontaneously established various discussion groups and forum websites, and actively promoted the free listing of Hacash on exchanges. It can be judged that if a truly decentralized project can survive spontaneous word of mouth for two years without any investment in resources, and live better and better, we have every reason to believe that, It must be supported by some completely real value, and with a high probability that it will continue to survive and develop better and better.
This is Hacash’s first “monetary” guarantee: there is no project party-in fact there is really no, rather than claiming that there is no. This has also achieved the first very important goal: no one is waiting in the dark with a sickle in hand, and may cut everything with one wave at any time, and then leave a pile of real value equivalent to a pile of shit. Zero Token left with a smile on his face. After all, all existing tokens are produced through real PoW power-consuming mining, and so far there is still no online exchange. Everyone is private OTC trading.

After reading this, everyone will definitely be worried. Referring to the current so-called DeFi top mining projects, most of them basically lose the value of mining within a week, and even the survival time of some projects is calculated in hours. So Hacash has been online mining for two years, and most of the tokens must have been mined, right? Even if I don’t have a project party, I’m only entering now, isn’t it the only way to lift the sedan chair for the people in front? wrong. At present, Hacash has mined less than 200,000 coins, which is only 0.9% of its total output in the previous 66 years. Yes, you read that right. After two years of mining, the output is less than 1%, and the number of tokens rewarded per block will immediately increase from 1 to 2 which has been maintained over the past two years. Two years after the project went online for mining, the block reward has not decreased, but doubled. This is probably beyond the imagination of most readers. The mining output of a currency in two years is so small, and the more and more it is mined, who would recognize the value of such a currency?

In fact, in two years, Hacash is still in a very early initial position for a project with a grand mission. When you learn about Hacash in detail, you will find that it is fundamentally different from other fake projects that chant slogans that are actually sickles-this is a truly open and shared project, and there is no so-called “official” that controls most of the benefits and decisions. Power, true decentralization, all codes and algorithms (including nodes, wallets, browsers) are all open source. The development of the project relies on the free dedication of early development contributors and the support of the consensus community. Everyone is a contributor and a beneficiary at the same time. It has the most fair currency issuance algorithm, no founder rewards, no official holdings, no developer taxation, no node distribution, no institutional investment, no initial exchanges, no I*O, no pre-mining, no private equity, no funds Yes, there is no team, no consultants, no boss platforms, no professors to post, no media bombings, no community calls. Everything is fair mining from scratch. Hacash does not need to serve a certain team behind it to usurp value for them to get rich. No one will manipulate currency prices, manage market value, forge demand, perform community atmosphere, and invent non-existent application scenarios. This is bound to make Hacash go slower. Those who can’t see through the fog and see the true value can’t afford to wait, and seem to see no hope. If you read the first half of this article carefully, you will know that only such “slow projects” are qualified to become “real money” after a long period of time.

There are three currencies with different energy levels and heterogeneity on Hacash’s network: HAC, BTC, HACD. The relationship between these three coins and each other is The most important part of Hacash, and there is also a “channel chain payment network” for large-scale payment real-time settlement. Judging from the fact that Hacash includes BTC, you may guess that Hacash’s goal is not to compete with Bitcoin, but to be compatible with Bitcoin, and jointly assume the responsibility of promoting cryptocurrency as a settlement currency (if Bitcoin is compared to a programming language The original and revolutionary C language, then Hacash’s mission is to become C++).
Although Hacash has been launched for two years, it is not too late for you who have only read this article to participate. On the contrary, for most people, maybe now is the best time. Because the project has passed the test of two years and passed the most dangerous infancy, self-survival is enough to prove everything.
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