A dual-chain ecosystem
- A parallel, dual-chain ecosystem
The HCASH network has two chains running laterally, with each serving different functions within the ecosystem. These two chains serve to provide us with an interlinked, bifocal dual-token, dual-chain ecosystem that will help us solve interconnection, privacy and security issues prevalent in the current blockchain ecosystem.
The HCASH ecosystem will consist of two chains that include the HyperCash (HC) main chain and the HyperExchange (HX) chain that is derived from the main chain, but will work towards bridging communication between blockchains including BTC, ETH and others, and non-blockchains such as DAGs
We believe that a community-driven autonomous governance model can adequately fulfill the needs of the HCASH community, ensuring the efficiency of decision-making, and creating a more sustainable and inclusive development environment.
Under the hybrid Pow + PoS consensus mechanism, all PoW-generated blocks must be verified by PoS miners in order to join the blockchain. Having both miners and stakeholders participating in block production eliminates the possibility of hashpower monopoly to a great extent, while ensuring the security of the network.
HCASH implements post-quantum lattice RingCT protocols, and improves and optimises zk-snarks, providing clients who use our platform with more effective options for safeguarding their privacy in the future.
HCASH supports multiple post quantum signature schemes, and is compatible with traditional ECDSA signatures, providing a high-level security protection scheme for users in a future quantum computing environment.
Dawu is now in charge of the cryptography and information security research team and serves as the director of Lab of Cryptology and Computer Security (SJTU & WNT Blockchain Lab). His research interests include cryptography, software security, hardware and embedded security, big data, cloud security with privacy, and financial security techniques.
Over 7 years’ experience in fintech. Investor in bitcoin mining and other related projects. Initiatives include the Melbourne Bitcoin Technology Centre , Bitcoin Boulevard Australia and Bitcoin Buskers Awarded “Blockchain opinion leader” in 2016.
Haobo Ma is the founder of ælf, expert of blockchain industry, early practitioner in field of digital asset. He served as CTO at Gempay and CTO at AllCoin. He is the current member of Blockchain Experts Committee of the Chinese Institute of Electronics and Blockchain Experts Committee of China Computer Federation.
Dr. Allen Au received his PhD degree from the University of Wollongong (2009). He is now an assistant professor and the director of Monash-PolyU-CollinstarCaptialJoint Laboratory on Blockchain and Cryptocurrency at the Hong Kong Polytechnic University. His research interests include information security, accountable anonymity and applied cryptography. He has made important contributions to the area of privacy-enhancing technologies.