Smash Cash enables you to keep your financial privacy, which is critical to keeping your freedom. By breaking the on-chain relationship between the recipient and destination addresses, Smash Cash enhances transaction privacy. In addition, Smash is a non-custodial token, which means that smart contracts, as well as cash, will not be owned by or placed in the custody of any third party or platform at any time during the service duration.
THE FEATURES OF SMASH CASH
Smash cash features include the following;
A COMPLETELY OPEN SOURCE: All of Smash's source code, circuits, and on-chain data are available to the public for free.
UNSTOPPABLE IS SMASH CASH: The application cannot be shut down by administrators or developers. Decentralized to the furthest extent of the imagination.
The ZK-SNARKS PRIVACY: As long as at least one of the 1114 contributions to the Trusted setup ritual is authentic, the zkSNARK keys remain safe.
PARAMETERS THAT ARE FIXED: The settings for the protocol and the distribution of tokens have been finalized and are now stored in smart contracts.
NOT A SINGLE DEFICIENCY IS ALLOWED: IPFS hosting ensures that the platform has no single point of failure. If at least one IPFS server is operational, the platform is operational. To put it another way, no one can take the system down.
USER INCENTIVED: Smash token holders are rewarded for staking their tokens. Now and again, you'll see a reward in your account. Earn tokens for as low as $1 to get rewarded for your actions.
SHARING IN THE PROFITS: The Smash platform distributes the profits from fees in tokens like ADA, BNB, DOT, and ETH, which are native to the platform.
HOW SMASH CASH ACHIEVE THEIR MAXIMUM PRIVACY
It is no doubt that Smash Cash help in enhancing the Client’s privacy and secrecy. Here is how they do that;
1- DEPOSIT: For each of the 15 tokens that are supported by the Smash Cash contract, a private key is generated by depositing Ether, ADA, BNB, or any of the 15 supported tokens, as well as providing the hash of the note.
2- WAIT: The user is needed to wait for a while after depositing funds to ensure that the withdrawal is private. The longer you have to wait, the more private you will be.
3- WITHDRAW: It is now possible for a user to provide any evidence that they have a valid key to a deposit note, and smart contracts will release the funds to their receiver. If you have a contract, make sure you include the notice.
CONCLUSION
In summary smash cash can be said to have the following advantages;
ANONYMITY: Anonymous and decentralized, the project and its coin ensure that no single party has significant control of the system or its resources.
THE SUPPORT OF BLOCKCHAINS: To help its users, Smash Cash supports 10 different Blockchains and 15 tokens such as Binance, Ether, Polkadot, Cardano, ADA, XRP, MATIC, and USDT.
PLATFORM THAT IS NOT CUSTOMIZABLE: At no point throughout the service duration does a third-party or a platform hold or have custody of the currency, smart contracts, or the cash.
CRYPTOGRAPHIC: Zk-SNARKS, also known as zero-knowledge proofs, are used to maintain privacy by forcing the user to prove that they hold a secret that relates to one of the smart contracts.
USEFUL LINKS
Website: https://smashcash.io/
Whitepaper: https://smashcash.gitbook.io/whitepaper/
Telegram: https://t.me/smashcashio
Twitter: https://twitter.com/smashcashio
Medium: https://medium.com/@smashcash
Github: https://github.com/smashcash
AUTHOR'S DETAILS
Bitcointalk Username: Nancyo
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2759950;sa=summary
Proof of Authentication: https://bitcointalk.org/index.php?topic=5373364.msg58541187#msg58541187
Wallet Address: 0xeF728a6f7aB532bac5b2662B9eE6a0C097bc5243