let's ask some simple questions first:
1/ What hacash trying to solve in crypto space? Where is the demand for using hacash? (Sorry, I read your whitepaper but I see nothing)
2/ How does Hacash prevent 51% attack and chain-split?
3/ Why don't people use Bitcoin and Ethereum instead?
In Hacash, 51% attack protection is implemented by means of "node-notaries" (addresses with the largest number of coins) which sign blocks in the main network; when trying to use a new chain (attack), nodes check its history and if there are no records of such blocks, they simply discard it. A more complete understanding of this system can be obtained by reading the whitepaper.
I haven't read the code about that part yet. But I witnessed the chain forking 2 times a few days ago, miner that has the largest hash leads the chain.
Anyway, how many "node-notaries" are there?
let's ask some simple questions first:
1/ What hacash trying to solve in crypto space? Where is the demand for using hacash? (Sorry, I read your whitepaper but I see nothing)
2/ How does Hacash prevent 51% attack and chain-split?
3/ Why don't people use Bitcoin and Ethereum instead?
Read this one:
https://medium.com/@CryptoKenYou/what-is-hacash-52bcd7b438ea I've read that before asking questions, your article used a lot of big words, compared hacash itself to bitcoin, which only draws attention to crypto-newbies, and those people don't have either skills or money. After all, your article has nothing to answer my questions.
If you continue answering questions for such critical questions by just throwing a link, no one will care about this coin seriously (I assume you want more skilled people and buyers pay attention to hacash, not a bunch of idiots and small miners).
I thought the answers have been answered from my article. NVM. To be clear, I don't have such skills to create this coin. I just found it and feel the vision and tech behind this coin is logical and achievable, the most important thing is that Hacash is the currency closest to my ideal of next world currency so far.
1. What hacash trying to solve in crypto space? Where is the demand for using hacash?Form my opinion, in the big picture, Hacash tries to solve the world currency problems and rebuilt a new finance system (I can see it from the history perspective of money, which I'm writing the next article to explain it). In the small picture, it tries to solve the problem of crypto in a lager-scale usages.
Maybe the answer still sounds "big word" to you. Cuz if anyone wanna believe in Hacash, you have to believe next world currency is crypto based first IMO.
so
where is the demand for using hacash? Anywhere has demands for using bitcoin is better to use hacash. The demand will be changed. If I take a guess in a final goal of hacash demand, it will be the money you use in daily life.
2.Why don't people use Bitcoin and Ethereum instead? Bitcoin and Ethereum can't be the money we used in daily life. I explained the problem of Bitcoin’s currency in my first article:
- The upper limit of the total amount. In history, a currency that can realize large-scale payments has no upper limit on its total supply.
- There is no elasticity of supply. Bitcoin supply at a fixed rate of one block every ten minutes and a single currency have affected Bitcoin price big rise and fall. It cannot become a relatively stable currency settlement unit.
well, seems like you underestimate the knowledge of members in bitcointalk forum. If there's any brilliant idea, it would draw attention easily. Hacash is already 2 years old, last few days they release 3 versions on the same day, the github commit title is "fix bug", only from that, I can tell that this team is quite unprofessional and definitely young, I'd say they never work in a big project before.
But that's not everything. So now, let me paraphrase my question so you can answer it directly in your next article since your medium post and this answer are ambiguous. The question is: Let's a company have 10,000 bitcoin, what problem they will face in the future (5 years, 10 years, 20 years) with bitcoin, why they have to migrate 10,000 bitcoin to hacash?
Secondly, Ethereum has infinite supply so far
