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Cryptocurrency 22 Feb 2019

BitCash: Paving the road to faster, cheaper, and more secure trading

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Home Cryptocurrency BitCash: Paving the road to faster, cheaper, and more secure trading

I like to discover new projects with high potential. Via a friend of mine I found out about BitCash. The core developer Christian Kassler has a mesmerizing vision on how to improve the crypto ecosystem. One of the things that intrigues me is the stable function. I interviewed Christian as I wanted to learn more about his project. You can see his answers to my questions below. Have a good read.

Could you briefly describe what BitCash is?

BitCash is a cryptocurrency that focuses on usability and helping consumers and businesses trade. By combining the benefits of the blockchain with those of internet banking, BitCash makes spending and accepting cryptocurrencies as easy as fiat currencies like the dollar or yen.

BitCash aims to be the world’s most useable cryptocurrency, helping everyone enjoy faster, cheaper, and secure trading.

What value will BitCash bring to users?

BitCash is designed from the ground up with usability and simplicity in mind. From the wallet to website, BitCash is all about an easy user experience.

BitCash’s unique features that mirror the features of traditional banking makes the entire experience familiar for all users, regardless of their technical knowledge.

As a result, the average person will be easily able to use BitCash seamlessly and without complication.

With what strengths and features does it bring this value?

BitCash has so many unique and key features that help bring value to its end users. This is what helps make BitCash so special. Some of these key features include:

  • BitCash Stable

  • Accounts with nicknames

  • Encrypted description lines

  • Send Via Twitter, Instagram and Twitch

  • Send to Anyone

  • Safe Privacy

  • Recurring Payments

  • Built in miner

  • Creating multiple accounts within the wallet

  • Verify before sending

What kind of projects do you see as competitors and how do you differentiate from them?

BitCash is not a corporation or business that is in competition with other businesses trying to gain any “profits” or “beat” its competitors. In fact, BitCash is a new and experimental protocol and there is no expectation of “profits” as this project is a protocol.

As such, I do not consider BitCash to have any competitors.

Some crypto enthusiasts like to label BitCash as a competitor to other cryptocurrency projects however we do not see ourselves in competition with any other cryptocurrency.

We believe that the success of a particular cryptocurrency is a success for crypto in general. This is one of the reasons why our code is open source.

We encourage other cryptocurrencies to learn from us and other crypto projects so that the entire crypto ecosystem improves as a whole.

Can you tell us about important developments yet to come and why they are important?

We are continuously working on new developments and features. Currently the main developments we are working on are:

  1. The algo fork from cuckoo cycle to x16R algorithm
  2. Stable Feature (which is an absolute game changer in my opinion)
  3. Working with larger exchanges
  4. Decentralized Safe Privacy Feature
  5. Wordpress plugin for online merchants to easily setup a shopping cart to accept BitCash and BitCash Dollars.

The BitCash Stable feature in particular is very exciting for me. BitCash Stable addresses the problem of price volatility when sending money to a third party, paying retailers, or storing value.

The benefits of this feature are groundbreaking. With the BitCash Stable feature, users will be able to send $1,000 USD to someone across the globe and the receiver would receive it in less than a minute with minimal fees, no conversion fees on each end, no middle man, no hefty transaction fees for both parties, no volatility and no having to wait days for funds to clear. Not even Paypal can do this.

Also, if a user is running an online store, they can now accept BitCash without having to sell instantly, but instead hold the coins in their BitCash Dollar account until they’re ready to sell.

This will help entice more online merchants to accept BitCash and/or BitCash Dollars.

If you’d like to know more about BitCash or their work, please visit the official website and be sure to join our Discord channel. They would love to hear your comments, feedback, and are  happy to answer any questions.

Thank you for reading.

Be sure to also follow Christian Kassler on Twitter and follow BitCash.


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