SmashCash was established on the concept that having control over your money, information, and identification is a basic human right. We believe that decentralization is the solution to empowering people all over the globe to protect their rights better. By speeding the use of cryptocurrencies, we are assisting the planet in going that way.
By isolating the on-chain link between the beneficiary and recipient wallet, Smash Cash perfects transactional confidentiality. It uses a smart contract to receive deposits in BNB, ADA, DOT, XRP, USDT, ETH, and Matic, which can be transferred to a separate address.
How Does Smashcash Privacy Work
Deposit
A user can obtain a secret key by investing in any accepted tokens and providing a hash of the note to the Smash Cash smart contract.
Wait
After the assets are transferred, the user must wait for a while in order to enhance the withdrawal's anonymity. The delay time is directly proportionate to the level of anonymity.
Withdraw
The user now can show that they also have a legitimate key to one of the deposit notes, and the smart contracts will disburse the monies to the intended receiver. Make absolutely sure the note is attached to the appropriate contract.
Benefits Of Smash Cash
Smash Cash assists you in protecting your financial anonymity, which is vital to your liberty. Smash Cash finalizes transaction anonymity by severing the link between beneficiary and receiving addresses.
Anonymity
The initiative, like its coin, is completely decentralized and anonymized, guaranteeing that no one party has substantial control over the network or its holdings.
Fixed Contract
The Smash Cash contract allows you to invest a set amount of ETH, DOT, ADA, XRP, MATIC, USDT, and BNB. On the Smash Cash Platform, you can use the zk-SNARKS algorithm to break the main link between sending and receiving wallets.
Custody-Free Platform
The currency is non-custodial, meaning that smart contracts and assets are never retained in custody by a third party or network during the service period.
Cryptographic
It also uses zk proofs, or zk-SNARKS, to keep users anonymous by instructing them to verify ownership of a personal key that corresponds to one of the smart contracts.
Staking Rewards
As a return for staking SMASH, you will receive SMASH tokens. To stake, you wouldn't need any additional software or gear. This might be done on a computer or a smartphone. Stake SMASH to earn passive revenue with your tokens.
Utility For Smashcash Tokens
Smash token holders must invest in the network with Smash assets to receive incentives. There are three subscription options to choose from.
Level 1 SMASH holders will receive 20,000 SMASH.
Level two SMASH holders - 100,000 SMASH
The third-level holders will receive 200,000 SMASH.
Members will receive ADA, BNB, or AVAX as an incentive-based on their subscription levels.
The best thing is that bonuses will be handed out once a month.
Because the incentives are in native tokens, SMASH tokens will not be dumped.
Final Thoughts
Nowadays, privacy and anonymity are big issues. Hence, anyone venturing into the blockchain and cryptocurrency space should invest in platforms like SmashCash that have one's interest at heart.
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: Barnetty
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3324862
Proof of Authentication: https://bitcointalk.org/index.php?topic=5373364.msg58541440#msg58541440
BEP-20 Wallet Address: 0xa0Af4EA1951C1282eb6F27b568D1fDE2dc8781a2
The user can show that they also have a legitimate key to one of the deposit notes.
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