$CXCHE — Cache, Privacy Focused Decentralised Finance.Read More
The consensus process is balanced out by a hybrid PoW/PoS algorithm, pairing the advantages of each process to create a secure platform. This makes the system less prone to double-spend attacks and improving overall security. The computational efficiency of our network is powered by key code design features like forward and backward compatibility, component-based modular structure, and asynchronous core architecture. The extensive testing our system has undergone minimizes the issues often encountered in the early days of any project. This makes the Cache network stable and release-ready from the day one. The transactions between Cache network members are made untraceable with ring signatures and stealth addresses. Also, the way transaction data is stored on the blockchain allows access by authorized parties only, and none of the private data is ever publicly published. The confidentiality of all Cache transactions is hard-coded into the core. By concealing all sending and receiving addresses as we have maximized the level of privacy for every Cache user.
Cache has 2 minute block times. This means that all payments are processed within them 2 minutes.
Users can earn from 0.41% to a staggering 8% APR if they decide to deposit coins into the blockchain.
As well as being able to send transactions to your uncle billy or auntie annie, you can safely deposit your Cache with some interest rate.
In general, this feature allows users to deposit a portion of their $CXCHE on to the Cache Blockchain for certain periods and thrn after the chosen period has finished, they can withdraw it back with some interest as a part of main Cache supply.
Banking for a longer period gives users a bigger interest rate as they're willing to wait the tim.
Banking is broken up in 5 tiers with each tier varying in APR %.
If you scroll down to the Frequently Asked Questions section, you will be able to read about all 5 tiers.
Every bit of software created by Cache is publicly accessable to anybody via open source code websites such as GitHub. This lets users feel safe about using software that has value with it and giving them the confidence that there is no mallacious code in the backend. Although Cache developers work deep within the Blockchain code, there is no way for the said mallacious software to enter the codebase and comprimise the Blockchain. External work that gets contributed to Cache goes through a series of set tests to ensure it is legitimate. Anybody is able to contribute to Cache this way, not just to the Blockchain code but to everything else around it also.
To help you learn more about the in's and out's of Cache's software, there have been guides written for normal users and developers. One of the best ways to learn is from the experiences of others and that is why the guides can be imporved by Cache users.Read The Guides
Nobody owns the Cache network much like no one owns the technology behind email. Cache is controlled by all Cache users around the world, "Cachers". While developers are improving the software, they can't force a change in the Cache protocol. In order to stay compatible with each other, all users need to use software complying with the same rules. Cache can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.
You can mine Cache either via the core daemon client if you want to solo-mine against the rest of the network, or by using mining software with "Cache Hash" support to mine in a pool with other miners, combining your hashes to find blocks together for a split reward.
Currently, only SRB-Miner and XmrigCC have official support of this algorithm.
Currently, this feature is only implemented into the Desktop wallet application. Once the wallet has finished synchronizing, you will then be able to click the "Send Message" option within the side menu and continue to send private messages over the blockchain with an optional "Self-Destruct" to delete the message after X blocks.
To create an offline wallet, or a "Cold Wallet" as it most-commonly reffered to, then you would head on over to the Paper Wallet website, turn your internet connection off an hit generate wallet until you feel comftable. You can also download the original source code for the website and generate a wallet that way... Your choice.
Currently, this feature is only implemented in our Desktop wallet application. Once the wallet has finished synchronizing, you will then be able to click the "Banking" option within the side menu and continue to create a deposit.
Cache is as virtual as the credit cards and online banking networks people use everyday. Cache can be used to pay online and in physical stores just like any other form of money. Cache balances are stored in a large distributed network, and they cannot be fraudulently altered by anybody. In other words, Cache users have exclusive control over their funds and $cxche cannot vanish just because they are virtual.
|Tier 1||Tier 2||Tier 3||Tier 4||Tier 5|
|Principal||< 5,000||5,000 - 9,999||10,000 - 14,999||15,000 - 19,999||> 20,000|
cxche, and this can be hard to memorize. Cache ID would allow you to send a transfer to
cxcheABC123..., making it even easier for normal users to send transactions.