HCASH is a new decentralized, open source, cross-system digital cryptocurrency that will become the connection point of all blockchain systems, allowing value and information to be freely exchanged between different blockchain systems.

HCASH has completed the HCASH2.0 main chain upgrade in August 2018 - the original Hshare chain has been officially upgraded to the HyperCash main chain (HC), which is composed of the HyperExchange main chain (HX) hatched by HCASH double-stranded structure. As the two core hubs of the HCASH ecology, they will cooperate with each other to establish the value interconnection between the HCASH ecology and BTC, ETH and other blockchain systems as well as non-blockchain distributed ledgers (DAGs).

The HC chain fully realizes anti-quantum characteristics and privacy protection, supports the mixed consensus of PoW+PoS, focuses on the in-depth research and development of the underlying technology of the blockchain, and provides HyperExchange with the value tokens needed to maintain system stability. At the same time, HCASH will carry out targeted upgrades for all the technical features proposed by HC: anti-ASIC, intelligent lightning network protocol HAILP (HCASH AI Lighting Protocol) and smart contracts have been included in the next development plan. HyperCash will work with HyperExchange to provide HCASH with inter-blockchain value interoperability and interconnection solutions, and on this basis to realize the free circulation of information and value between blockchain and non-blockchain distributed ledgers (such as DAG). Multi-asset distributed business application ecology builds the foundation.

HCASH Technology Application

1. Decentralized autonomous governance
The community-led autonomous governance model can fully meet the needs of the HCASH community, ensure decision-making efficiency, and create a more sustainable and an inclusive development environment.

2. PoW + PoS hybrid mechanism
Under the Pow + PoS hybrid consensus mechanism, all blocks generated by PoW must be verified by PoS miners before they can be added to the blockchain. Both miners and stakeholders can participate in block production, thus ensuring the possibility of computing power monopoly to a large extent, while ensuring the security of the network.

3. Privacy Protection Protocol
HCASH implements the post-quantum lattice RingCT protocol, and improves and optimizes zk-snarks, providing more effective choices for customers using our platform, to protect its future privacy.

4. Post-quantum signature technology
HCASH supports a variety of post-quantum signature schemes and is compatible with traditional ECDSA signatures, providing advanced security protection for users in the future quantum computing environment plan.

Related Links:
https://h.cash/#section7