Home / Uncategories / Smash Cash Platform - Ensuring Transaction Confidentiality

Smash Cash Platform - Ensuring Transaction Confidentiality

Edit

Hello dear friends!
In this article, we will take a quick look at a project called Smash Cash.

Each of us, if not used, is at least familiar with such a service as Tornado Cash. Tornado Cash essentially acts as a mixer on the Ethereum mainnet. But, in fact, Tornado Cash cannot be called a mixer, since the concept of a mixer is mainly used when mixing and obfuscating many transactions, and Tornado Cash uses a completely different technology, which removes the proof of ownership of transactions when using a relatively small number of addresses. Ultimately, when you exit Tornado Cash, it becomes impossible to identify the sender of the funds, which makes the transaction for such a transfer of funds completely confidential. This service of the Tornado Cash platform is in great demand by many people who want to hide their transactions from outside eyes. And this service is in demand, which can be seen on the addresses of Tornado Cash smart contracts in any convenient block explorer for the main Ethereum network.
As we understand it, the main disadvantage of Tornado Cash is its operation only on the main Ethereum network, including restrictions on the ability of transactions for tokens - in Tornado Cash, only transactions with Ethereum and with DAI tokens can be carried out.


Now a new project comes to the solution of this problem, which is called Smash Cash.
Unlike Tornado Cash, the Smash Cash platform operates in the 10 most popular blockchains and supports 15 types of tokens, ensuring complete confidentiality of transactions carried out through the platform.

The Smash Cash platform is a turnkey product. Anyone can familiarize themselves with the platform on the official website of the project, and those who wish to use the services of this platform can already carry out their transactions and ensure their confidentiality in any of 10 possible blockchains, while the security of transactions is ensured by open source code, which has already passed an auditю

The Smash Cash platform is completely decentralized, which means that no one, no authority, no country can prohibit the use of this platform or close its work. Even the developers of the platform are not able to stop the work of this platform.

The Smash Cash project is, in turn, a DeFi project. SMASH token holders can stake these tokens and receive rewards in these tokens. At the same time, in order to make a profit, it is not at all necessary to be a large owner of SMASH tokens, and even those who have invested at least the equivalent of $ 1 can receive profit. The distribution of profits between holders is also carried out automatically, for which the smart contract is programmed.

Also, the Smash platform will share part of its profits with the investors of this platform - investors will be able to profit not only in SMASH tokens, but also in such cryptocurrencies as: ADA, BNB, DOT and ETH.

SMASH tokens can be staked in pools. At the moment, there are 3 types of pool:
  • Silver, which guarantees a profit of 5% and to participate in which you need to have 20,000 SMASH tokens;
  • Gold pool, giving the right to a 15% reward and 100,000 SMASH tokens are required to participate in this pool;
  • Platinum pool, giving a profit of 35%, but to participate in this pool, you need to have 200,000 SMASH tokens. 
The distribution of profits received in the pools occurs once every 30 days.

In turn, the SMASH token is built on the Binance Smart Chain platform, which makes the transactions associated with this token faster and cheaper in relation to the main Ethereum network. This is a very good indicator, which makes it possible for not only wealthy people to become the owner of SMASH tokens, but even people with low incomes, who will be able to buy SMASH tokens even in a relatively small amount.

In total, the Smash Cash project has issued 1,000,000,000 SMASH tokens, of which:
  • 100,000,000 SMASH tokens allocated for public sale;
  • 100,000,000 SMASH allocated to the exchange listing;
  • 270,000,000 SMASH intended for marketing and promotion of the platform;
  • 200,000,000 SMASH allocated for research and development;
  • 200,000,000 SMASH is earmarked for future staking reward payments;
  • 100,000,000 SMASH allocated for the team and advisors;
  • 25,000,000 SMASH to provide floating liquidity.

Initially, the announced price of 1 SMASH token is $ 0.001. Thus, if you make a mathematical calculation of the capitalization of all issued tokens, you can see that the total capitalization is now only at the level of $ 1 million. And if we take into account the fact that initially not the entire volume of issued tokens will be in circulation, but only a part of these tokens, then we can understand that the price of the SMASH token is aimed at its further rapid growth, which will give existing investors the opportunity to increase the value of the SMASH cryptocurrency asset, and hence the receipt of additional profit from the growth of its price.

Below is the roadmap for the Smash Cash project


This is where I stop my story about the Smash Cash project. You can see the official links of the Smash Cash project below

OFFICIAL LINKS of the Smash Cash project:
AUTHOR OF THIS ARTICLE:
Share on Google Plus

About All About Cryprocurrency

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.

0 komentar :

Posting Komentar

Langganan: Posting Komentar ( Atom )