TycheCash

“The Prosperity Cryptocurrency powered by BlockchainNeXT!”

Support

We are growing a community of developers and testers in our GitHub meta-forum. You can help by testing software and submitting bug reports, or even just cheering us on from the sidelines.

Untraceable

By taking advantage of ring signatures, a special property of a certain type of cryptography, TycheCash is able to ensure that transactions are not only untraceable, but have an optimal measure of ambiguity that ensures that transactions cannot easily be tied back to an individual user or computer.

Easy To Mine

TycheCash comes with its own basic CPU miner, but you can also use any Monero mining software you’re used to if you’d rather use GPU’s or mining pools. We recommend XMR-Stak Unified Miner.

Secure

Using the power of a distributed peer-to-peer consensus network, every transaction on the network is cryptographically secured. Wallet files are encrypted and can be locked with a passphrase to ensure they are useless if stolen.

Decentralized

TycheCash is a decentralized, trustless cryptocurrency. The whole system is operated by peer-to-peer network. Transactions are confirmed by distributed consensus, and then recorded on the blockchain immutably.

Private

Amounts in transactions are hidden, no one can know where that money comes from and it’s impossible to analyze block.

Little Introduction about TycheCash

TycheCash is part of the larger ecosystem of BlockchainNeXT. BlockchainNeXT is going to be an interconnected blockchain system which includes smart contract and identity verification systems. It is the cash part of the whole ecosystem which incorporates a “cash” (anonymous) currency. TycheCash has been launched first mimicking the real world economic evolution and the rest of the system will follow soon.

Want to be a part of the development/marketing/strategic team?
Contact us down below.

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: In the world of cryptocurrencies, if we want our coin to be really transactable, 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 what gold is to the current Fiat world. Gold in the Fiat world is acceptable everywhere but not a preferable way to transact, instead it’s a way to store value. Bitcoin is going to be that gold standard and TycheCash is going to be the transaction currency.
TycheCash is the cash part of the bigger ecosystem BlockchainNeXT, 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 until it’s in a bank account.
That cash part is very important and will always exist even when the world economy and payment systems shift to the crypto world. There are several genuine examples of the use of cash: paying tips, small payments, governments using cash for unaccounted operations etc etc. These are the genuine use cases, there are other uses of cash also which also exists and will continue to exist.
What our system is going to do is combine the Fiat and Cryptocurrency worlds. We invite all the bright minds to be part of this project. This is going to be the next level in the ever evolving Blockchain Technology. TycheCash may be just another coin if you look at it that way, but when you look at it with the full ecosystem, it is the future. For developers there’s reserved bounty in TycheCoin (not TycheCash which is and will always be a mineable coin). For details of developer bounty and initial framework of ecosystem there will soon be a brain-storming meet-up.