anggita sari: ValueCash

Selasa, 06 Februari 2018

ValueCash

Using cryptocurrency for payment is always the best! I mean… The sensation is really superb and you can’t get this kind of sensation when paying with fiat currency.

However, as more and more people are joining the fun nowadays, the fee is getting out of control and it’s really bad.

Recently, a new project called ValueCash offers a 0 transaction fee with PoS and PoT Protocol features which is fairly new and fresh in the market.

So, what is valuecash?

Valuecash is a completely decentralized and self-governing commerce entity.

With valuecash, holders can make payments for goods and service while simultaneously creating new valuecash through purchase and acceptance.

What kind of features it has?

What is PoT Protocol?

Valuecash houses a distinct protocol, called the PoT Protocol.

“Proof of Trade”, which combines the robust concept of commerce and the blockchain technology, using cryptographic techniques to distrupt and reform.

The PoT protocol is configured to put power into the hands of the crypto-community by becoming validators of their transactions, while also creating 10% new valuecash as a reward.

Valuecash Creation and Distribution

If a buyer patronizes a merchant of goods worth 100 XVL, 10% of the transaction volume which is 10 XVL, will be created as new Valuecash. It will be distributed among the Buyer, Merchant, Affiliate, and blockchain security and project development in the ratio of 5:2:1:2 respectively and added the current ValueCash supply.

This means that buyers get 50% of the new coin, merchants get 20%, affiliates get 10% while 20% goes to the security of ValueCash BlockChain Network, Future Development and Marketing.