The Hshare cryptocurrency is temporary and created to promote the subsequent Hcash brand. For a short time of its existence, it has demonstrated an upward trend, potential for investment, platform reliability, and the prospects of the proposed technologies.
Project development
The Hshare cryptocurrency is developed and marketed by the Australian company CollinStar Capital. The need to create temporary digital money in anticipation of the release of the main product is due to certain factors:
- testing of the blockchain and technologies being introduced;
- checking user activity and relevance of the product;
- fundraising within the ICO;
- reputation building and information dissemination.
The Hshare and Hcash project is being developed by a team of specialists from various universities. Investors are several companies that are closely involved in the cryptocurrency market and the technologies being introduced.
The interest in the Hshare cryptocurrency is based on the combination of a blockchain and cloudless DAG system based on a distributed ledger. In this context, the main advantage of such digital money is instant transaction processing at a high level of scaling.
The project assumes a limited issue of coins – up to 84 million. They will be distributed as follows:
This approach allows equal attention to all participants in the system and ensures the competent development of the project based on self-management and self-financing.
Highlights of Hshare
The Hcash platform, based on which the Hshare cryptocurrency is developed, is based on the following principles:
- combining blockchain technology with the DAG system, providing unlimited data exchange at high speed;
- the anonymity of the use of funds is protected by Zcash technology – zero-knowledge proof;
- hybrid consensus model based on PoW and PoS protocols;
- self-government according to the DAO system – a decentralized voting system that determines the direction for the future development of the project;
- accounting for quantum resistance and improving security against attacks with appropriate equipment;
- reliability of transactions between different systems of private and public accounts;
- any amount is available for transfer, the number of transactions is not limited.
The listed factors become the basis for the future development of the Hshare project and ensure the interaction of users with each other without obstacles and barriers.
Development prospects
The potential for the application of the declared technologies in the framework of the creation of a cryptocurrency is quite wide. Many experts point to Hshare and the subsequent release of Hcash as a revolutionary development with lucrative investment prospects.
In this situation, they refer to the effective start of the cryptocurrency:
- throughout the ICO, a million dollars was collected;
- the start of trading began at the level of $ 20 per coin and increased the cost to $ 40 in a week – for a new cryptocurrency this is a significant success;
- the decline in value and capitalization occurred against the backdrop of adjustments in bitcoin and other digital money.
After the recession, there is again a gradual upward trend, as a result of which Hshare promises not only to return to the initial cost but also to renew the maximum cost indicators.
Investing in Hshare
Experts consider Hshare cryptocurrency as a profitable investment on a long-term basis. The company has a clear development plan, and the timeframes for the implementation of projects are presented, which implies a transition to the new cryptocurrency Hcash.
Some investors are alarmed by the status of a temporary cryptocurrency and the subsequent transition to a new one. This aspect provides for the exchange of Hshare coins for Hcash, and a complete rejection of the initial cryptocurrency. That is, the mechanism has been prepared and worked out in advance.
At the same time, specialists expect that the introduction of the platform and the new cryptocurrency into action will positively affect its value. Minor adjustments at the initial stage, as well as the instability of the exchange rate, are possible, but later on, it will establish itself with a new upward trend.
Otherwise, the presented Hshare platform and its predicted replacement Hcash, offer excellent prospects for development, focused on adapting the most popular ideas into one full-fledged cryptocurrency. A high-quality approach to development, the company’s reputation, and the introduction of a temporary cryptocurrency that has already shown the effectiveness of certain technologies – all give grounds for investing in a project with the prospect of long-term benefits.
