Topic: What are core advantages of Hcash? (Read 89 times)

1. It Builds a Cross-System Channel.
Hcash has double side chains, and is compatible with the two distributed systems: blockchain and DAG.
It realized the interconnection of information and value that bases on or does not base on blockchain.
Hcash acts as the medium here, and the Hcash platform itself is the carrier of cross-platform information exchange.
Hcash will build a channel between these two totally different underlying data structures; therefore being compatible
with the mainstream technology standards from the perspective of underlying technology.

2. It Protects Users’ Privacy
Hcash will refer to Zcash’s zero-knowledge proof, which can not only realize
double encryption during the process of asset transfer, but also can be applied to other areas that have high requirements on transaction privacy.
Hcash Client has the instant messaging function which is able to transfer tokens among different platforms using dark addresses, to achieve
high-level private communication during day-to-day P2P communication through the use of zero-knowledge proof, and to realize
encrypted communication across platforms, such as from Hcash client to Byteball Client.

3. It Has Mixed Mining Mechanism
Hcash referred to some concepts of Decred and Dash, and put forward the Instant-Open-Governance.
All coin holders can take part in big decisions of the community through PoS mining mechanism, including the update and upgrade of protocols.
What is more advanced is that Hcash provides a smooth execution method. Once a vote is passed, all the decisions will be recorded on blockchain and enforced.
 In this way, coordination problems that exist in miners, mining pools, exchanges, and wallet service providers can be avoided.
What’s more, PoW and PoS are combined organically to ensure the safety of the system.

4. It Has DAO Decentralized Autonomous Organization

In the system of Hcash, 5% tokens will be sent to a DAO. All the Hcash holders will vote to decide how to use the fund.
The ecosystem of DAO provides continuous vitality and motivation to develop further.
At the meantime, the code of Hcash DAO will be verified strictly, and manual intervention will be added at the early stage (the third party will be invited by the foundation to verify the code safety).
These are done to make sure that no big mistakes related with DAO fund application will appear at the early stage.

5. It Uses Quantum-Resistant Cryptography
Hcash has considered quantum resistance of its system from the beginning.
Even though quantum computers are commercialized in the future, Hcash can still provide safe cryptographic services of messages and value to users.
Hcash will develop Ring-LWE key exchange protocol that is able to work with OpenSSL; thus realizing the safety problem of blockchain in the post-quantum era.

6. Token Exchange Among Different Systems
Hcash has white and black addresses, which corresponds to Zcash’s transparent address and Byteball’s whitebyte, and the Z-Add of Zcash and the Blackbyte of Byteball.
Users of Hcash can transform white and black addresses in their own wallets or clients, but the total amount of Hcash will not change.
When transforming or sending in different systems, coins with white or black addresses can be sent according to requirements.

7. It Has a High Speed When Doing Huge Amounts of Transactions
At the early stage of designing Hcash’s system, the interaction between the post blockchain system that bases on DAG technology;
therefore, the features and advantages of DAG are used for reference. The confirmation time in Hcash system is almost zero.
Because DAG is not based on blocks, so there are no limitation of block sizes.
Theoretically, the transaction amount in unit time is very large (HTPS, Hyper Transaction Per Second).
At the meantime, Hcash should also consider the interaction of the blockchain that bases on blocks.
So Hcash can make huge amounts of transactions happen in limited block size in unit time, which really realizes the function of “Super Cash”.