Price for today
0,068 USD -2,57%
0,00000232 BTC -2,57%
Name: HyperCash
Symbol: HC
Circulating supply: 45 071 909 $
Max supply: 84 000 000 $
Cmc rank: 1 038
Volume 24h: 49 066 $
Percent change 1h: 0,23 %
Percent change 24h: -2,6 %
Percent Change 7d: -3,6 %
Launched in 2017 by CollinStar Capital, the HyperCash network is designed to promote transfers between blockchain-based and non-blockchain networks. The network is believed to be highly secure since it features quantum-resistant signature technology. The native asset of the network, the HC token, is mainly used as a medium of exchange as well as payment for smart-contract execution.
Would you like to send BTC directly, say, to an ETH wallet? Many market participants are likely to give a positive answer to this question. More than 11 thousand cryptocurrencies are already in the market, and it became crucial to have bridges between them. In this article, we will talk about a project whose developers are trying to solve this problem. We will talk about HyperCash and the related cryptocurrency, its characteristics, advantages, disadvantages. Besides, we will talk about where it is possible to exchange HC and where to find the most profitable HyperCash price usd.
HyperCash (or simply HC) is an open-source, decentralized cross-platform cryptocurrency exchange. It is supposed to simplify the transfer of information and funds between cryptocurrency platforms operating on various technologies. For example, between BTC, a reference blockchain project, and IOTA, which runs not on the blockchain but through "weaving."
The platform was launched in 2017, and in August of the same year, the main net, which was then called HShare, was launched. A year later, in August 2018, a global update was initiated on the main net, followed by rebranding, and the platform got the new name, which is HyperCash.
HyperCash is based on two networks: a hybrid PoW and PoS blockchain of consensus mechanisms and a DAG network. Proof of Work implies using computing power to maintain network performance. Such a consensus protocol is used in Bitcoin. Proof of Stake uses proof of possession for network performance. That is, to maintain network performance, you need to own coins and not video cards or Asic miners. HC crypto uses both these technologies.
With all these, developers have achieved better bandwidth and decentralization.
Look at the HC price chart (which you can find in the “crypto calculator” tool on the main page Godex.io), and you can see that, immediately after the release in August 2017, the coin’s rate increased sharply, and at the peak of the last bull run (December 2017), it reached $37. After that, the HyperCash price dropped, and now (August 2021) it is $0.93.
The total volume of Hyper coins is 84 million coins. To date (August 2021), 45 071 909 coins are in circulation, which is 54% of the total emission. The distribution of coins is as follows:
This factors could affect the number of circulating:
HC crypto is ranked 538th in the global digital coin rankings. It is far from being the most popular cryptocurrency, so it is listed on a limited number of exchanges. The highest liquidity for the HyperCash to USD pair is on Huobi Global. It is essential to understand that this is a centralized exchange (CEX), which does not imply anonymous convert HC. To work with CEX, you must register and pass the verification procedure (KYC/AML) in most cases.
If you want to save your time and remain incognito simultaneously, then the Godex decentralized platform is what you need. There are 201 available cryptocurrencies, and you can convert HC with any of them. It is a fast, convenient, and profitable way of swapping coins.
You need a HyperCash wallet or another wallet that supports cryptocurrencies to store your HyperCash. A great way to keep your HyperCash safe is to use an offline HyperCash wallet such as Ledger Nano hardware wallet or you can download Edge wallet.
HC crypto is a bridge between entirely different platforms that initially were not supposed to interact with each other and transfer funds to each other. It is a decentralized platform that runs on two networks: a hybrid blockchain with PoS and PoW protocols and a DAG network. Its ecosystem includes a betting mechanism allowing holders to receive an annual percentage in addition to mining.
The distribution of coins is as follows:
The total number of HyperCash coins is 84 million. Currently, only 54% of them are available.
To transfer your HyperCash to another user, both must have trust in each other. The trust is the HyperCash address sent to the receiver while there must be some HyperCash balance in the sender’s account to send to the receiver. The sender will see a blank space for the receiver address and another blank space for the amount to send to the receiver.
If you want to buy HyperCash, the most convenient way is the Godex cryptocurrency calculator. The platform interface is as straightforward as possible. Any Internet user can understand it. To exchange HC on the Godex platform, you don’t need to register. You can start HC exchange right after you go to the official website - just follow a simple guide:
The conversion usually takes 5-30 minutes. The waiting HC exchange time depends on the network load of a particular cryptocurrency.
