SmashCash - the helps keep your financial information confidential
With the emergence of Bitcoin, decentralized ledger technologies have become widely discussed by experts, not just limited to the field of cryptocurrency but several other fields such as banking. As Bitcoin became the first decentralized payment system, experts discovered that the absence of a centralized control over the network could lead to more robust, fair, and transparent financial systems.
Thus, Bitcoin inspired the development of many other decentralized systems with a variety of different features. However, as more and more people ventured into cryptocurrency based transactions, privacy and anonymity became the centerpiece. Our endeavor is to create a cryptocurrency that is supported by a wide range of blockchains and one that eschews privacy and liquidity.
SmashCash uses and adopts zk-SNARKs , a novel form of zero-knowledge cryptography. The strong privacy guarantee of SmashCash is derived from the fact that shielded transactions in SmashCash can be fully encrypted on the blockchain, yet still be verified as valid under the network’s consensus rules by using zk-SNARK proofs.
The acronym zk-SNARK stands for “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge,” and refers to a proof construction where one can prove possession of certain /information, e.g. a secret key, without revealing that information, and without any interaction between the prover and verifier.
“Zero-knowledge” proofs allow one party (the prover) to prove to another (the verifier) that a statement is true, without revealing any information beyond the validity of the statement itself. For example, given the hash of a random number, the prover could convince the verifier that there indeed exists a number with this hash value, without revealing what it is.
In a zero-knowledge “Proof of Knowledge” the prover can convince the verifier not only that the number exists, but that they in fact know such a number – again, without revealing any information about the number.
“Succinct” zero-knowledge proofs can be verified within a few milliseconds, with a proof length of only a few hundred bytes even for statements about programs that are very large.
Why SmashCash?
SmashCash allows you to maintain financial privacy, which is essential to preserving your freedom. SmashCash perfects transaction privacy by separating the on-chain link between recipient and destination addresses
Anonymity:
The project along with its coin is completely decentralized and anonymity-focused that ensures that no single entity has major control over the network or its funds
Blockchain Support:
SmashCash offers support for ten different blockchains and 15 tokens including AVAX, Harmony ONE, MoonRiver, Dai, FANTOM, Arbitrum, BNB, ETHER, XRP, DOT, SOLANA, MATIC, USDC, WETH, QUICK & USDT to facilitate its users relying on multiple projects.
Fixed Contract:
SmashCash allows you to deposit a fixed amount of AVAX, Harmony ONE, MoonRiver, Dai, FANTOM, BNB, ETHER, XRP, DOT, SOLANA, MATIC, USDC, WETH, QUICK & USDT. SmashCash Platform allows you to detach the primary link between the origin wallet and destination wallet using zk-SNARKS algorithm.
Non-Custodial Platform
The currency is non-custodial which means that smart contracts as well as the funds aren't owned or ‘in custody’ by a third party or a platform at any point during the service period.
Cryptographic
SmashCash uses zero knowledge proofs or zk-SNARKS to ensure privacy by requiring the user to provide a proof that they possess a secret that corresponds to one of the smart contracts.
Staking Rewards
Stake SMASH and earn rewards in SMASH tokens. To stake, you don’t need any particular hardware or device. You can do it directly from your phone or PC. Stake SMASH to passively make money from your tokens.
Mission & Vision
SmashCash is founded on the belief that it is your basic human right to control your money, data and identity. We believe that decentralization holds the key to empowering people around the world to better safeguard their rights, and that we are helping the world move in this direction by accelerating the transition to adopting cryptocurrency.
Token Utility
To receive rewards Smash token holders should stake Smash tokens in our platform. There are 3 tiers of membership.
Tier one holders - 20,000 SMASH
Tier two holders - 100,000 SMASH
Tier three holders 200,000 SMASH
Members will receive ADA, BNB or AVAX as rewards depending on the membership tiers.
And the best of all, Rewards will be paid once every 30 days.
Since the rewards are in native tokens, SMASH tokens wont be dumped in the market.
TOKEN INFORMATION
Token Name : Smash Cash
Token Symbol : SMASH
Total Supply : 1,000,000,000
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For more information, visit the link below:
Website: https://smashcash.io/
Whitepaper: https://smashcash.gitbook.io/whitepaper/
Telegram: https://t.me/smashcashio
Twitter: https://twitter.com/smashcashio
Medium: https://medium.com/@smashcash
Github: https://github.com/smashcash
AUTHOR
Bitcointalk Username: Generasi 90
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=3406442
BEP-20 Wallet: 0x65CD417611c517Fd3023e443Fd33D99aCE4C627D