SmartCash (SMART) News

Driven by the aim to create a fast, user-friendly, community-driven and merchant-oriented community based on a decentralized governance system, SmartCash (SMART) is built on a zero cash protocol. It mainly prioritizes fast transaction times and privacy, with an aim to achieve merchant adoption. SmartCash (SMART) implements a lot of decentralized development and governance features. It invests heavily in the community appointed development and offers a very interesting perspective on usable, anonymous and untraceable cryptocurrency. To create as well as maintain decentralized governance structure, SMART has introduced two different concepts. One is SmartHive, and another is Hive Structuring Teams. SmartHive allows anybody who has coins to simple vote on proposals that are submitted by the community. Thus, SmartHive would be the livelihood of a project, which would enable to become involved and to submit proposals, helping generate organic development at grassroots levels whereas Hive Structuring Teams would lay the groundwork for a project and set a framework for any project’s development. Hive Structuring Teams run three different departments that are in charge of important project areas, like development, support, and outreach. Now, the SmartRewards are price stabilization mechanism along with being a great method to encourage the long term holdings.