Currencies like Bitcoin and Ethereum use conventional Blockchains, while others like IOTA operate in a blockless-based paradigm.
HyperCash cryptocurrency was developed and launched in 2017 by Australian company CollinStar Capital. The veterans of Silicon Valley represent the team of the HyperCash. Hcash is an open-source platform which works on blockchain and DAG system. That means an instant transaction processing with high scaling. The cryptocurrency is abbreviated as HC, and its total supply is 84 Mio coins. The network has a hybrid mining mechanism: it uses both proof of work and proof of stake. Mining is available using Blake256R14 algorithm. An implemented autonomy distinguishes the platform as in DAO 一, a decentralized voting system that defines HC’s future development. Hcash uses zero-hash proofs as Zcash, which guarantees the network’s total privacy.