In the first encrypted digital currency such as Bitcoin, the two minerals secure the network by checking
Transactions and the addition of new blocks to the system of blockchain and their rewards and give them new coins of the house
Which motivates them to continue working and there was a distinct solution to address the problem of network security
Decentralization.
But the allocation of all financial incentives to the metal does not make a surplus in order to stimulate and reward the public
(Network users), the most important group to support the growth of encrypted digital currency.
In recent years, some encrypted digital currencies have introduced the idea of a community fund
They are usually in the form of a wardrobe on which projects approved by the community can be relied upon, or can be
Payment to developers and both DASH currency, PIVEX)) have allocated 10% of the total currencies
The new metal to this fund while the currency (NAVCOIN) allocated 20% of the currency ratio
The rest, whether 80% or 90%, they are for the benefit of the metal or coins
Community Focus on SMART CASH
Is a new encrypted digital currency that changes the distribution rates of the incentives so that the minerals take only 5%
Of the new metal coins, 15% for currency traders and 10% for smart contract users, while 70%
The rest are under the control of the Community Fund.
Anyone with 100 currencies of Smart Cash can make a suggestion to the network community and anyone
He has at least one Smart Cash currency that has the right to vote on the proposals made at the Gate of Judgment
THE SMART HIVE) Smart Cash uses the term "Beehive"
As an example similar to decentralized governance model)
The vote is also recorded on the Blochein currency of Smart Cash and the vote of the person depends on how many
Currencies to be found in his electronic portfolio.
To date, the community has funded proposals for food donations in Venezuela (more than $ 150,000)
Awareness programs in Europe and Africa, and funds to drive online marketing campaigns.
But community fund money is actually growing much faster than its current spending rate
More than $ 270 million. The proposals have been initiated to get much more marketing expenses, which
That will make the currency float on the radars more people.
Privacy
The SMART CASH currency has been issued as a currency development (Z COIN) in order to strengthen the ability to renew
Currencies that broke the series of transactions using the same protocol (ZERO COIN) at any moment the user can renew their currencies and the portfolio will be based on an encryption system called
ZERO KNOWLEDGE)) to prove that they can coin new coins by eliminating the currency
Old and the absence of any links between the two currencies.
