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Hacash is Crypto Sound Money

A Peer-to-Peer Network for Money, Payment, Store of Value, DeFi, and DApp Infrastructure.

 What is Hacash?  What is HACD?

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Three Coins, Three-Layer Architecture

Forming a Sound Money System with 3 PoW Coins

HAC, BTC, and HACD are the three Proof-of-Work (PoW) coins that constitute the Hacash currency system. These coins possess unique monetary attributes and serve as reliable cryptocurrencies for large-scale payments and store of value. They are distributed fairly, without any pre-mining or centralized management.

3 Layers Architecture Facilitating Mass Adoption

Hacash's white paper introduces a layer 2 solution for enabling large-scale instant payments, supporting both BTC and HAC. The layer 3 is built upon the foundation of Hacash's first and second layers, enabling scalable multi-chains and applications, thereby promoting the integration of Hacash as a sound money into everyday economic activities.

Realizing the Vision of Bitcoin

Hacash is both the inheritor and innovator of Bitcoin, advancing and optimizing it in technology and monetary aspects. Technologically, Hacash upholds Bitcoin's decentralization and security while introducing diverse scalability techniques, excluding script technology to prevent network congestion caused by invalid data. It also introduces the Beacon Tower Protocol as a defense against 51% attacks.

Monetarily, Hacash inherits Bitcoin's decentralized nature and widespread circulation. By facilitating one-way transfers of Bitcoin to the Hacash chain, it establishes a robust and resilient monetary system with HAC and HACD. This bridges the gap in Bitcoin's mainnet by providing monetary elasticity and addressing network security and sustainability concerns associated with its hard cap limit.

A transparent, secure, decentralized, and stable financial system is being realized through Hacash.

Preserving Stable Purchasing Power

Hacash operates as a decentralized and non-pegged currency system, independent of centralized institutions and not relying on contract algorithms for price stability. Instead, it achieves long-term stability in purchasing power through market-driven mechanisms such as mining costs, collateralized loans, arbitrage, and other market forces. By operating in this manner, its goal is to maintain a relatively stable purchasing power over the long term without any systemic risks.

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What is Hacash?