• [email protected]
  • Mon - Fri: 9:00 - 18:30 GMT
Search
Rss Facebook Icon TwitterCreated with Sketch. LinkedinCreated with Sketch.
bitcoin pr buzz logo
  • HOME
  • OUR SERVICES
    • BITCOIN PRESS RELEASE SERVICE
    • SUBMIT YOUR BITCOIN PRESS RELEASE
  • LATEST PRESS RELEASES
  • FREE CONSULTATION
  • OUR TEAM
  • ABOUT US
    • ABOUT
    • CAREERS
  • RESELLER
Menu
  • HOME
  • OUR SERVICES
    • BITCOIN PRESS RELEASE SERVICE
    • SUBMIT YOUR BITCOIN PRESS RELEASE
  • LATEST PRESS RELEASES
  • FREE CONSULTATION
  • OUR TEAM
  • ABOUT US
    • ABOUT
    • CAREERS
  • RESELLER

New Bitcoin Alternative CASH is Green, Fast and Yields Proof of Stake Blocks For CASH Holders

  • February 13, 2014
  • Bitcoin Press Release
Cash Coin Screenshot

CASH Logo

The best of both worlds, new digital currency CashCoin (CASH) confirms transactions fast and consistently, improves network security and uses less energy by combining proof of work with proof of stake. CASHrecently started trading with Bitcoin on Cryptsy, the world’s largest alt coin exchange. Its name “Cash” makes its purpose easy to understand as merchants the world over already know what cash is. This built-in name recognition will help facilitate its adoption.

Proof of work means it takes miners and computer power to mint new coins. CASH will employ this form of minting in the initial stages. Block reward will be small and variable, following Moore’s law which accurately predicts growth of computational power. Mining is incredibly energy intensive—$150,000 is used daily in the generation of Bitcoin—and as such leaves a large carbon footprint. The CASH generation program provides for the gradual phasing out of proof of work in favor of the less energy intensive, greener, proof of stake protocol.

Proof of stake means that wallets open to the network “earn” new coin simply by holding them in the first place. In return, these wallets do their part to strengthen the network and confirm transactions. Since proof of stake does not have the difficulty issues of proof of work mining, this eliminates slow confirm times due to an especially tough block—an issue common to Bitcoin and all proof of work alt coins. Additionally, proof of stake networks can be more secure and less vulnerable to the dreaded 51 percent attack than their proof of work counterparts.

Unlike many other cryptocurrencies, CashCoin does not have a specific market cap. It is designed to be scarce, but also allow for an annual inflation of one to three percent. This most closely mimics gold’s annual increase due to physical mining. CashCoin began trading on Cryptsy, the world’s largest cryptocurrency trading platform, in early February.

With its already recognized name, its presence on Cryptsy, fast and consistent transaction confirmation times, and its ingenious combination of the best of both the proof of work and proof of stake cryptocurrency models, CashCoin is ready made for retail acceptance by merchants all over the world.

To trade BTC for CASH please go to: http://cryptsy.com

To learn more please go to: http://www.cash-coin.org/

CASH thread on bitcointalk: https://bitcointalk.org/index.php?topic=424421.0

Media Contact: Sean Parker

Email: [email protected]

This Press Release is for informational purposes only and should not be taken as investment advice. Please consult with your financial advisor before investing in CASH or any other digital currency.

Cash Coin Screenshot

You found our newsletter subscription!

Did you know that less than 10% of website visitors ever make it all the way to the page end?!

bitcoin pr buzz logo

Blockchain enthusiasts from the start. We have over 7 years experience in Bitcoin marketing specifically: leveraging our unique expertise, partnerships and experience we bring you the most refined, effective, and value for money Bitcoin marketing and Bitcoin press release service to be found.

Please Note:

Press releases are for informational purposes only. The information does not constitute investment advice or an endorsement by Bitcoin PR Buzz. Bitcoin PR Buzz does not certify the accuracy of the information in press releases published on this website.

Issuers of Press Releases, and not Bitcoin PR Buzz, are solely responsible for the content of press releases, and the accuracy of the content in press releases.

Quick Links

  • Press Release Services
  • Submit Press Release
  • Latest Press Release
  • Social Media Service
  • Copywriting
  • About
  • Careers
  • Terms & Conditions
  • GDPR
  • Token Sale Press Release Policy
  • INC verified
Rss Facebook-f Twitter Linkedin

Coins Accepted Here

bprb
Bitcoin News Banner

© 2021 Fintech PR LTD

Welcome to Bitcoin PR Buzz!

Your privacy is immensely important to us and we do our best to safeguard your data. We use cookies to improve your experience and to improve our services. We comply with the EU General Data Protection Regulation act also known as GDPR. We wish you a pleasant stay at bitcoinprbuzz.com, if you have any questions please feel free to chat with us below or email [email protected]

I ConsentCookie settings I need more information
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

  • →
  • Contact Us

    Contact Form

  • Telegram