Bitcoin blazed new trails technologically while adhering to time-tested fundamentals in the structure of its monetary policy. Bitcoin’s
success is strongly related to its limited supply combined with trustless, immutable, andShow more [+] decentralized blockchain. Epic Cash emulates
Bitcoin’s monetary policy of decreasing inflation and limited supply to ensure Epic currency can serve as an effective store of value.
Despite Bitcoin’s success, certain shortcomings have been revealed since its inception 10 years ago. Other projects have tried to
overcome these shortcomings and we have investigated the best of these to use as our starting point. We decided upon utilizing the
Grin codebase and the excellent work of several other projects to help us perfect on the hard-won accomplishments and discovered
faults of Epic Cash’s predecessors. Epic Cash possesses the key qualities to be an ideal currency:
Fungibility – The value of a given unit of Epic must always be
equal to another unit of Epic, just as one Yen or Yuan is always
equal to and replaceable with another Yen or Yuan. The
achievement of fungibility in large part hinges on privacy.
Scalability – Epic Cash maintains a space efficient blockchain,
upon which new nodes can be easily established without
resource-intensive equipment. The Epic Cash blockchain is
capable of at least twice the throughput of Bitcoin.
Privacy – The Epic Cash blockchain safeguards the anonymity of
Epic holders and users by protecting the details of transactions
from third parties, and is designed to be both untraceable and
invisible to surveillance.
Speed – The Epic Cash transactions are smooth, continuous
and are executed much faster than in previous generations of
blockchain technology. While Bitcoin requires six 10-minute
blocks to achieve complete transaction confirmation, Epic
transactions occur within a single block confirmation as soon as a