SmartCash Overview - Community Fund, SmartRewards, SmartNodes / MasterNodes, & Background on Exploit

in smartcash •  7 years ago 


In this video, I give an overview of SmartCash features as well as an analysis of January's events regarding the exploit that was fixed and the relevant exchange issues that resulted due to the upgraded wallet. It is important to note that at this point no users lost funds as a result of the exploit and that the overall supply of coins and coin issuance rate is unaffected.

SmartCash is a community driven cryptocurrency that dedicates 70% of it's block rewards to a community fund and has a low barrier of entry for users to submit and vote on proposals. Only 100Smart, roughly $50, is required to submit a proposal, and only 1SMART is required to vote. The majority of other crypto's with treasury fund require users to have thousands of dollars invested to even have a say in the community. SmartCash offers SmartRewards which pays users a percentage of the blockrewards for holding 1000SMART in a wallet. SmartRewards provide an easy way for anyone to receive blockreward payments without having to leave your wallet running or downloading the entire blockchain. SmartCash has a Renew feature which solves the fungibility problem that so many crypto's have. SmartCash recently launched their version of masternodes called SmartNodes that require 10,000SMART and a dedicated VPS. SmartNodes payments are now active as of block 300,000.


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Very nice vid man keep up the work

Glad you enjoyed it. I used to pop out videos really regularly, but this is the first one after a long hiatus. Hope to have many more coming.

I see you are in the SmartCash community as well! I gave you a follow.

Very nice Thanks for sharing with us

Σ$$$ Tipped @crystalgeometry Σ10 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.277 USD per SMART. Current value of the tip is $2.77 USD. To find out more about SmartCash, please visit https://smartcash.cc.

@smartbot help

You can use the following commands:

  • balance - displays your current wallet balance
  • address- displays your deposit address
  • withdraw <amount> <address> - withdraws the amount of SMART to address
  • tip <usernamegt; <amount> - sends the amount of SMART to username
  • terms - displays terms and conditions for using @smartbot

withdraw 10 SYNPrVCtzN7xEah8CVewp5AmQ8u7ZLySZX

@crystalgeometry: Σ9.99 SMART has been withdrawn from your account to SYNPrVCtzN7xEah8CVewp5AmQ8u7ZLySZX. You have been charged Σ0.01 SMART withdrawal fee. Transaction 2292bb955e96eb86f517032a38ae21ed9f7c947decf916a7d906dfd1fb609569 is now completed. To monitor the transaction status click HERE.