Smash Cash was created on the principle that people have a human right to have complete command of their finances, personal information, and digital identity. Smash Cash believe that the decentralization of the internet will empower people around the world to better protect their rights, and claim they are assisting this movement by accelerating the adoption of cryptocurrencies in the world.
WHY THE URGENT NEED FOR SMASH CASH
Especially with the introduction of Bitcoin, the topic of decentralized ledger systems has received a great deal of interest from experts, and not just in the area of cryptocurrencies. As the world's first decentralized payment system, the absence of centralized control over the Bitcoin network resulted in a more resilient, fair, and transparent financial system as a result of the lack of centralized control over the Bitcoin network.
Consequently, various alternative decentralized systems with a diverse range of characteristics have been developed as a result of Bitcoin's widespread adoption and usage. However, as more people began to use cryptocurrencies in business deals, the importance of isolation and secrecy became increasingly important. The aim they conclude is the establishment of an open-source cryptocurrency that is supported by a diverse variety of blockchain and that does not emphasize seclusion or liquidity over other factors.
Clients should be allowed to keep their business affairs discreet and confidential to protect their freedom. By removing the recipient and destination addresses from the on-chain link, Smash Cash ensures 100 percent transaction secrecy.
THE ROLE OF “zk-SNARKS”; IN SMASH CASH
A substantial evidence advancement known as zk-SNARK stands for "Zero-Knowledge Succinct Non-Interactive Argument of Knowledge," and it refers to a method of confirming the ownership of certain information, such as a secret key, without disclosing that information or otherwise involving the prover and verifier in any manner.
Smash Cash makes advantage of zk-SNARKs, a breakthrough form of zero-knowledge encryption that has been widely embraced. In addition, because zk-SNARK proofs can be used to authenticate the legality of protected trades on the Smash Cash blockchain, they give a high level of privacy protection.
When one party (the prover) uses "zero-knowledge" proof, the other party (the validator) can be convinced that a statement is correct without revealing any further information. The hashing of a random number can be used to convince the checker that the number exists while keeping the identity of the number hidden.
However, while the verifiers are convinced that the number exists, they are also confident that the individual claiming to be in possession of it is not providing any information about it.
Even for statements concerning huge programs, "concise" zero-knowledge proofs can be proved in a matter of seconds with demonstrations that are only a few hundred bytes in length, according to the authors.
Conclusion
Zero-knowledge evidence, or zk-SNARKS, is being used to ensure Anonymous deals for 10 coins on 15 different blockchain platforms. This means that you may keep your wallets secret and anonymous on four distinct blockchains using the SMASH platform. There will be no third-party ownership or custody of the smart contracts or funds during the service period of SMASH, which is a non-custodial token.
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
AUTHORS DETAILS
Bitcointalk username- Kakal
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2767315;sa=summary
Wallet: 0x09c09F509f1D366257f91bFfEb00174c7643CD77
Proof of Authentication: https://bitcointalk.org/index.php?topic=5373364.msg58541446#msg58541446