What Is SmartCash?
SmartHive? Community Budgets? Don’t worry we know it’s alot, we’ve got you covered.
The SmartCash Concept
SmartCash is a project born out of the desire to create a viable, fast, merchant oriented, user friendly and community driven cryptocurrency with a decentralized governance system. We aim to create the most nimble and fast growing cryptocurrency by aggressively prioritizing block rewards to growing our community, hiring developers, gaining merchant acceptance and via grassroots community outreach efforts and established marketing methods.
- Coins per Block: 5000 coins (with gradual reduction per equation below)
- Blocktime: 55 seconds
- Maximum supply: 5,000,000,000
- Blocksize: 4 MB (to be changed to Adaptive Blocks)
- Algorithm: PoW,Keccak
- Difficulty Management: BRNDF
Block reward split:
- Mining: 5%
- SmartNodes: 10%
- SmartRewards: 15%
- Each hive: 4% (24% total)
- SmartHive Project Treasury: 46%
Blocks payout mining share every block, 10 SmartNodes on every even block, SmartHives and project treasury on every 1000 block, and SmartRewards every 47500 blocks (max 1000 SmartReward recipients per block, paid every other block).