Grin GRIN to HyperCash HC Exchange

Crypto Pair Details: GRIN to HC

Grin GRIN

Grin coin is a private & lightweight open source project based on the mimblewimble blockchain implementation. MimbleWimble is a lightweight blockchain protocol proposed by anonymous author that goes by the name Tom Elvis Jedusor (inspired by Harry Potter) in July 2016. Since then, the proposal has gained a huge following among Bitcoin and privacy advocates. Unlike bitcoin or ethereum, there are no addresses in Grin. In order to transact using Grin, both wallets must communicate with each other online with the results broadcasted to the network. Another key different is that transaction history (sender, receiver, amount) will not be recorded on the blockchain. Due to the removal of these information from the transaction, the data size remains small and that keeps the blockchain lightweight. New nodes can easily join the network without having to download a large blockchain. Grin coin was launched without an ICO, fundraising, or pre-mine. Developers around the world contribute openly with the goal to ensure the coin distribution remains as fair as possible. There are 2 popular wallets widely available to interact with the Grin network. Grin core wallet: https://www.coingecko.com/buzz/how-to-use-grin-wallet-to-send-receive-grin-coins Wallet713: https://www.coingecko.com/buzz/how-to-use-grin-wallet713-to-send-and-receive-grin-coin-step-by-step-guide The consensus algorithm used by Grin is the Cuckoo Cycle proof-of-work based. There are 2 hashing algorithms involved with Grin. Cuckoo-29 is meant for GPU mining while Cuckoo-31 is meant fo ASIC mining. This is a deliberate design to encourage miners to eventually move into ASIC mining for efficiency while keeping it fair at the beginning of the launch. Grin coin has launched its mainnet on 15th January 2019 and is now available for mining and trading.

HyperCash HC

Hcash is a new cryptocurrency designed to allow value transfer among blockchains and between blockchains and blockless cryptocurrencies. In addition, Hcash will support private transactions, DAO governance, and quantum resistance. Since Hcash hopes to be a side chain for many different cryptocurrencies, including privacy coins, it will need to implement privacy features to mask how users are moving their funds. To address this issue, Hcash will come with two types of wallets: white and black. While the white addresses will be publicly viewable, the black addresses will remain private. In order to achieve this privacy, Hcash will implement zero-knowledge proofs. This system, as proven on Zcash’s blockchain, involves masking the identity of the sender and receiver through the use of advanced cryptography to verify transactions without sharing information about the transaction with miners. As a result, blockchains that implement zero-knowledge proofs do not include any identifiable user information. Hshare offers enormous technical potential in the industrial, private network sector. Multi-compatible and multifunctional software, which is already designed for quantum processors, makes it possible to combine a wide variety of crypto technologies. This offers advantages in the FinTech area, in finance, in dealing with Big Data and also for the application area of the Internet of Things. Hshare seems to be not subject to any limitations.

SOURCE: COINGECKO

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform