Globally, the universe has numerous challenges when dealing financially, the conventional e-commerce businesses which mainly include bank transactions, credit cards deals, debit cards, and cash transfers often face lots of hiccups during transfers. Not to mention security risks, extortionate fees from online shop owners and the use of a point of sales (POS). On the other hand, the use of the blockchain helps remove these underlying issues with its decentralized, transparent, seamless, safe, and fast way of transactions execution. The vital part of the blockchain technology is that it doesn’t need validation from no one because all details are visible to both the sender and the receiver.
Since the release of the blockchain technology, it has topped all other financial inventions of all time. It is the most used and discussed innovation since the very first creation (bitcoin) reached an all-time high of $20,000 in the fourth quarter of the year 2017. The creation and use of digital assets are on the rise, and cryptocurrency is now the modern payment gateway used in place of FIAT (government issued currency.). I’m going to introduce my readers to yet another amazing payment gateway called #epiccash, this is nothing like what you’ve seen or heard of before, so let’s get started.
INTRODUCING EPIC INTERNET CASH
#epiccash is a decentralized platform integrated with the blockchain technology, it was created to curb current challenges faced by crypto lovers, this project is not here to displace others, the reason for that statement will be explained shortly. The innovation of Epic Internet Cash will revolutionize the financial sectors and the mode of doing business. In Epic Cash, a transaction can be made without a trace, in other way securing the privacy of its users. The project has unique scalability, and the network is capable of running millions of transaction at a short period of time. Epic Cash is a very reliable and portable digital asset, it will be recognized around the whole world and it will have longer durability and fungibility.
#epiccash was not created only to be a medium of exchange, it can also be used as a unit of account and also a store of value. Currently, the first digital asset ever created cannot serve the all three use cases I just mentioned, It only falls into the store of value category while the most used and internally accepted government issued currency United States Dollars falls into the medium of exchange and unit of account category. The Epic Cash privacy orientation will increase the rate of adoption of digital assets. Epic Cash as stated above is decentralized digital cash and every activity within the Epic network is going to be transparent, seamless, and secure. The Epic network was designed to run millions of transaction within a second and all transactions will be anonymous in order to protect the privacy of the users.
DISTINCTIVE FEATURES OF EPIC PRIVATE INTERNET CASH
♦ Mining is set to begin by July 4th, 2019.
♦ Epic Cash is based on mimble wimble, its defining features of the protocol are:
i. Cut through: this is the removal of excess data from the blockchain to create adequate space.
ii. Coin joins the gathering of transactions within a block to promote the fungibility of the Epic cash coin.
iii. Dandelion++ Protocol: this is the verification of transactions by communicating across interwoven channels, and diffusing across a broad network of nodes, severing connections between transactions and their source of origin.
iv. No wallet addresses: this is the use of a grand multi-signature to generate single-use private keys for transacting parties, doing away with the need for wallet address entirely.
♦ Epic monetary policy is designed to synchronize the Epic Cash circulating supply with Bitcoin’s circulating supply in roughly nine years, and reach the same maximum supply of 21 million coins at the same time as Bitcoin in the year 2140. This deflationary policy guarantees transparency, predictability of supply, and scarcity, fostering the security of long-term value storage.
♦ Mining which incorporates CPUs, GPUs, FPGAs, and ASICs via corresponding RandomX, ProgPow, SHA3 Keccak, and CuckAToo31+ algorithms, to facilitate mass adoption and network efficacy.
EPIC INTERNET CASH CONTACT INFORMATION FOR LATEST NEWS & UPDATES
Website: https://www.epic.tech/
Technical Whitepaper: https://docs.wixstatic.com/ugd/e1dfc6_9ed62a5660d1427aa6f1518c97fc3837.pdf
Business Whitepaper: https://docs.wixstatic.com/ugd/e1dfc6_6ae30e920bf54da48e0e14fb4d76566f.pdf
Whitepaper: https://docs.wixstatic.com/ugd/e1dfc6_6ae30e920bf54da48e0e14fb4d76566f.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5112108.0
Telegram: https://t.me/Epic04July2019
Discord: https://discord.gg/nYcYbEN
Facebook: https://www.facebook.com/EpicCashTech
Twitter: https://twitter.com/EpicCashTech
Linkedln: https://www.linkedin.com/company/epic-cash/
ARTICLE WRITTEN BY TIVERE AKPORODE
♦ BITCOINTALK PROFILE: TIVERE
♦ BITCOINTALK LINK: https://bitcointalk.org/index.php?action=profile;u=1834693
♦ ETH ADDRESS: 0x8e5dB21F95Cb6fed5657be01EE19f5072Befc6e2
Source/Reference: “EPIC INTERNET CASH” by Lisa T David https://link.medium.com/pYMVxVZ2nZ