Want to be a part of the development/marketing/strategic team?
Contact us down bellow.
Important point regarding total number of coins and high block reward
Total number of coins is fixed at 80 Billion to be mined with tail emission.
Reason : We are trying to implement what real economy and world is . In the world of cryptocurrencies if we want our coin to be really transact-able we need to have that much to have real use case and practicality. Real world people don’t feel good in transacting into decimals which are hard to calculate for each transaction. And that way if we are right Bitcoin is going to be more of a Gold — i.e. Investment token instead of transaction token.
Next as mentioned in the intro TycheCash is the cash part of the bigger ecosystem TycheNeXT (the temporary name ) , which is going to be compliance ready for mainstream adaptability. The smallest example you can think is if someone deposits cash into your Bank account ,that cash becomes “accountable” and part of the banking system . Even when it was in the form of cash,, it was generated by the banking system was accounted for total issued quantity but not traceable till its in Bank account.
That Cash part is very important and will always exist even when the world shifts to crypto world. There are several genuine example of use of cash : paying tips, small payments, governments using cash for unaccounted operations etc etc. These are the genuine use cases, there are other dark uses of cash also which also exists and will continue to exist.
What our system is going to be is combining them same as real world.
And I invite all the bright minds to be part of this whole project. This is going to be the next level in ever evolving Blockchain Technology. TycheCash may be just another coin if u look at it that way but when you look at it with full ecosystem, it’s the future. I invite again all the bright minds to come together in making this real. For developers there’s reserved bounty in TycheCoin (not TycheCash which is and will always be a transparent mine only coin). For details of developer bounty and initial framework of ecosystem there will soon be a brain-storming meet-up.
Bounty for starting and running Pool
All existing and new pools are invited to open pool for TycheCash. The Bounty
is 22220 (Equivalent to 2 ETH) TycheCoin for starting and running Pool for at least a month and mining at least 100 blocks.
After adding TycheCash you can submit your network details to get included in Tychecash.net (official pool) network stat. Also register on http://tychecoin.com and after that DM your ERC20 address for getting TycheCoin on Discord.