Post
Topic
Board Announcements (Altcoins)
Topic OP
[Pre-Ann][PoW][DeFi] Cache - Privacy Focused Decentralised Banking
by
En4orcer
on 28/10/2020, 01:41:12 UTC
$CXCHE - Cache || Privacy Focused Decentralized Finance


This is a pre-announcement. When we post the main ANN, we will provide every bit of information there.
The reason for the -1 trust is because our work-in-progress website uses a stock image for one of our team members which is yet to be updated.
We suggest visiting our website for more information. Even though it is marked as a work-in-progress, we already hold a fair chunk of information there.

Core Team
Effy
Tastiger

Current Partners
https://letshash.it/

Project Links
[WIP] Website - https://cxche.org
GitHub - https://github.com/cache-core

Communities
Discord - https://discord.gg/PHyGJjg
Telegram - https://t.me/cxche
Twitter - https://twitter.com/cachecore

Wallets
Paper Wallet / Offline Wallet - https://cxche.org/paper.html

News
We have successfully made modifications to a pre-existing hashing algorithm in an attempt to further protect our network from ASICs & FPGA, this is known as "cache hash".
The Cache testnet network is nearly hitting block 20,000 and we are all excited to launch the mainnet.
The new hashing algorithm we modified has been working like a dream since block 1 and even when we implemented it into pre-existing mining and pooling software.
That's where LetsHash.it came in to operate our first pool and really put it to the test by letting our community mine it with the software provided as opposed to solo-mining via the daemon client.

Asset Specifications
The details below are not final and could be changed for mainnet. There will be a * sign next to to the specification that we already intend or are currently discussing to change.

Prefix - cxche
Ticker - $CXCHE
Decimals - 5
Block Time - 2 minutes
Block Reward - 5* + 0.25 p/60days
Block Fee - 0.001*
Min Deposit - 1 $CXCHE
Min Term - 1 month
Max Term - 12 months
Banking Fee - 0.001*
Message Fee - 0.001*

Banking Specifications

Principal
< 10,000
10,000 - 19,999
> 20,000
Base/APR
2.90%
3.90%
4.90%
Example
5,000
10,000
20,000
Max Interest
4.00%
5.00%
6.00%


The will be NO presale/ICO of any Cache assets.