HyperCash HC to PAX Gold PAXG Exchange

Crypto Pair Details: HC to PAXG

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.

PAX Gold PAXG

PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem. At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.

SOURCE: COINGECKO

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