SmartCash | The Next Big Idea In Cryptocurrency?

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be talking about smart cash I rarely hear it mentioned around YouTube or reddit or really anywhere not many people are talking about it which I don’t understand why I just think it it is a sleeping giant right now it is gaining some attention but not much so it finally broke into the top 100 recently it is at 84 right now market cap of 56 million well if we go down and look at the chart it just got started about a few months ago in July I’m so it’s pretty new and it is just on a roll recently it is above its ICO price it pretty much from you know October first the beginning of October on it is just on a steady incline it just keeps reaching new highs it had a crazy one up the other day right there but if we go look at their website real quick we can learn a bit about smart cash so what’s cool about smart cash is it is a decentralized currency there is no core team it is ranked completely by the community they have wallets for most operating systems and a web wallet that just came out what’s cool about smart cash like I said is it’s decentralization that is a huge huge point to smart cash that’s a huge advantage like we saw with tezo’s recently you know the top people fighting each other of who owns the company or whatnot you don’t have to worry about that here another cool thing is the privacy aspect you can burn your old coins and they change them for new coins with no history using the zero the zero coin protocol they have smart rewards which is a huge bonus I think this is the reason why a lot of people will get in to smart cash are the rewards if you hold at least a thousand smart cash in your wallet from the twenty-fifth of a month to the 25th of the next month you will get a bonus and it has been pretty decent in size thus far like 20 to 40 percent bonus on your money once a month that is awesome and it does also have instant pay here super quick transactions one thing that sets smartcash apart from all of its competitors in a few of them are like this but it is completely owned by the community 80% of the block Awards goes towards the smart cash community what they call the smart I’ve to fund them all the new projects that are coming out through the smart cash system they get voted on by everybody people are proposing new projects all the time and they get voted on by the community and the winning projects are what get these funds to go forward and there’s been some really good projects that have been pushed forward one of them that I want to talk about which is very unique I think is a humanitarian effort that they pushed forward in with they set up a food drive in Venezuela which I just think is so cool this is their slot channel right here the smart cash news and if you click on it you can see what they got going on here this just happened the other day I just think that is so cool to use the block rewards something to allocate some of that towards efforts like this I’m surprised this has not been talked about more I’m sure it will be the more they do projects like these but yeah guys I just think that is so cool you rarely rarely see that stuff with crypto currencies they you know they they’re getting it done they’re pushing the project forward and also doing really cool things on the slide like this so watch out for it guys if you want to get into smart cash I highly recommend getting into it before the 25th of the month so you can get those bonuses next month and if you do I’ll try to leave over for a link down below but that is all for now I’ll see you next time if you aren’t subscribed just subscribe down below guys it’s right down there you can also like up the video and I’ll see you all next time

Smart Cash: Why This Coin Could Be In The Top 10 Soon / Name Bazaar / Coinbase & GDAX- Bitcoin Forks

[Music] hello everyone and welcome back to cryptos news so good to have you guys here live we have people like Damian roughly Roni Dee ABS GaN scorpion Lopez who says first cacilie arrow of course thank you man for being here blunt news thanks for the patient guys guerilla rain Kevin we have quite a bit going on of course we’re finally getting that nice sloshing today of the altcoins we talked about yesterday well they seem to be going up and taking some of the market value from Bitcoin not that Bitcoin has suffered greatly at all so generally a pretty good day for the markets I’m happy to see that some coins that went down by a lot are coming back up and we’ll see how this continues this trend really exciting period Before we jump into the topic I want to cover today smart cash that I’ve out to to cover a little bit for you guys let’s go ahead and talk about some of the news real quick so ah the main thing that I want to cover is we’re hearing from coin Basin G Dax concerning the Bitcoin gold fork that happened yesterday and their opinion toward that so I got an email from both coinbase and G Dax / had you did perhaps you did as well where they said that they won’t be supporting the Bitcoin gold hard fork at all whatsoever due to security issues instability issues and that could change in the future based on the man from the community and if the coin survives and and if the market value for Bitcoin gold stays pretty good now we’re continuing to see the price for Bitcoin gold drop it started off around $400 and since we’re seeing it now around 200 something dollars so kind of dropping away support for that and I’ll continue to update you on what is going on we’re in regards to that situation itself let’s see what else here guys so yeah the main thing I wanted to cover as in this video is a smart cache so before we get into that also let me cover a little bit of name bazaar so name bazaar is a service that allows you to trade your aetherium domain service domains or buy one on an on an auction system just like eBay so if you’re not aware it’s pretty awesome that you have the ability to use something called the etherium name service to buy yourself a domain service on the etherium network just like you would on the regular internet so instead of buying a dot-com or net or a dog org they Nick Johnson and company built something called the etherium name service or ENS as most people call it which is decentralized name service that you guys can can buy a dot F address for whatever wallet address you have and link it to something so for example if you don’t want your donation address for your YouTube videos your blog posts to be 0 X 5 y 2 3 P or whatever it is a really long string addresses it could just be something as simple as Britney Abigail 13 dot F if your name is Britney Abigail so that has been around for a little while now and it works on the auction system where you can bid on a domain name and claim it within a certain period and you have to go in there and reveal it and it’s pretty exciting right to be able to eventually own your own domain and get ready for the internet and owning these domains on the etherium network before everybody else does right so people are buying Christmas F people are buying everything dot F guys shout out to you crypto to crypto DC and everybody else here in the chat thank you greetings to all of you but yeah so I think it’s really incredible that today we’re hearing about this name bizarre so basically on eBay so you guys can trade these domains that you might have purchased for yourself or pick one up now so you basically if you know how to use eBay is what they’re saying then you know how to use this service you can automatically watch different names so if you want any sort of domain that is like related to Christmas you can automatically get a notification on your phone that’s pretty neat you can bid on stuff see what the current auction is at sell stuff sell your own domains and it all works in decentralized format via smart contracts to transfer ownership of that domain so make sure you check out the the new name Bazaar service if you are interested now we’re gonna get into the juicy stuff that some guys have have how many of you have been asking me about which is smart cash so smart cash to jump right into it you know it’s one of those coins that is actually looking really really interesting to me and so I’m gonna present it to you thank you decentralized the shoutout to decentralize who’s always here in the shots in in the chats donating and he kind of filled me in a little bit about what smart cash is and so I want to pass that knowledge forward to you guys so let’s go ahead and take a quick look at what is going on here together so let’s see we’re looking at smart cash let me see if you guys can see this I believe you can so smart cash right now it’s currently at a forty three million dollar market cap so nothing too low but really not that high yet I think it’s one of those coins and I’ll get into why that could very well hit the top top ten at least the top fifty and as I currently rank 98 right now so not that much volume in the last 24 hours but it’s a really exciting coin for the community and let’s see why but first of all look at this chart right here I mean it’s showing a clear uptrend have this nice spike up here and it looks like it’s about to return to the average right here so might be a good point definitely not investment advice I just want to definitely say that but just looking at this line right now which I ran into right before making this video it looks like just from a trading perspective like an interesting coin to be holding for the near term so let’s go ahead and hit the website what is smart cash so this project was made basically a community project they don’t even have a white paper to be honest which kind of deterred me at first I kept looking for it but I realized it was just it’s really a community coin and so the even the thought of writing a white paper to them was just like you know it was too corporate in a way for them and they’re really trying to stay grassroots so this is a kind of zero coin fork so uses zero coin protocol which is one of the most private encryption methods for crypto currencies that currently exists using these elliptical curves and zero knowledge proof that ucz cash doing you see zen cash doing ucz classic doing and really it takes that privacy and it also layers on some of the awesome benefits you see with something like – so the ability for the community to fund different proposals and to allow people to get paid in smart cash just for doing something really awesome to the community and get rewarded right out of the blockchain or one of the most exciting things which is something called smart rewards which allows you to basically keep 1,000 smart cash in your wallet and get rewarded in like a dividend or an airdrop every single month just for not moving 1,000 smart cash from your address and you get rewarded for it out of a little bit of out of the block reward that comes out of there Soper looks pretty exciting and it also has a proof-of-work algorithm that is resistant to ASIC mining chips this kick sack key can you pronounce it K ECC ACK I believe it is and it’s an algorithm that they have not made yet the ASIC chips for but you know they could be available at some point let me make sure we’re all still good in the future so not ruling that out before right now it should be good if you have a graphics cards and you want to mine it however it’s really about the community as I mentioned before so they’re giving something like you see here the block reward split the miners only get 5% of the block reward so they’re very small part of the equation but they are still part of the equation so I think you do need some sort of economic and sensitive incentive to people who are validating transactions so that is extremely interesting only 5% of the miners however they’re giving 80% to the teams and to the community so pretty much most of the money goes toward funding the teams that are developing the project to the to outreach in the community and to different projects so it’s a proposal so you guys could say yeah like we said it with – I am going to be climbing the Empire State Building while wearing a smart cash t-shirt well you guys shoot me five grand in smart cash out of the next proposal and if it gets approved then you get that smart cash as long as this hopefully you continue you actually do what you say you’re gonna do and what’s interesting is that if you’re holding once more cash that counts as one vote so you don’t need to be running like with what like two is the case with something like – 1000 – which is very very expensive these days in order to get one vote you can get a vote by holding one smart cash so that’s really exciting there in order to open that up for people and also you’re looking at this decentralized governance structure using these HSTs as high governance structures whereby if teams get to about 8 members they can expand and then hire more people and so you have not just one corporate top-down structure but really kind of like a hive where you have the community in charge of everything it’s really everyone instead of just one party in the center which i really like these hive structuring teams also you have this smart voting we just covered and the smart rewards which are paid out on the 25th of every single month automatically basically if you hold 1,000 smart cash in a wallet and you do not move it let’s say you put it in on the 24th of the month you won’t get it on the next day you won’t get on the 25th you’ll have to wait at least a month before that payout so what they do is they take a snapshot and they see which wallets have 1,000 smart cash on the 25th and one month from then they go ahead and they give them a reward which is equivalent of 15% of the block rewards a pretty significant there and actually more than mining so it’s it’s almost like a proof of stake where by locking something up and and decreasing the supply available out there you’re actually giving value to the market of smart cash while also getting a dividend reward for not moving it so that’s pretty exciting as well and so if let’s say on the 24th you were to put 1,000 smart cash into your wallet you would get it in about 31 days your smart cash as reward however if you put it on the 26 so the day after the snapshot which happens on the 25th then you would have to wait about two months or 60 days about before you would get that reward so we’re seeing that today is a 24th there might be an interesting time actually I just noticed the day to begin to get into smart cash since you’ll get their order in about a month and this is also spectacular here this renew feature which is already live and what it does is something I haven’t heard of done before I don’t know about you guys let me know which is that they take if you want to basically make your coin super private and hidden and you don’t want any transaction history because it automatically does have transaction history if you’re using smart cash you can look at the block and you can see where coins are moving and that’s great for what they’re trying to do which is mainstream merchants adoption so you can use this smart cash platform for micro payments for small tiny payments that are fractions of something for perhaps watching something for a second you could charge for that using the system or if a merchant wants instant payments like you can see down here it’s gonna be instant it’s gonna be blazing fast is what they’re trying to do I don’t believe it’s live just yet but they’re trying to make it instant point of sales you don’t want to have to wait 10 15 minutes for confirmation when at a gas station or at a supermarket paying for something you want it to be right away so they’re saying this is actually gonna be faster than Visa or MasterCard or any of these payment processors that currently exist but this renew feature is wonderful because what it does is you’d say I want to delete my transaction history on these coins it’ll basically take your coins send them to an anonymous address and then create new coins for you in that moment with no transaction history and therefore you get to keep the privacy of your finances in some more cash so that’s also rewarding to have and they’re saying you know it disables tracking from services like coin firm which we know like to actually look even at private supposedly private blockchains and analyze what they’re doing and they can track individuals like that so if you are interested in privacy this is also a wonderful coin for that instant pay as we talked about this is the road map that they’re looking at right now and you see that they already have renew the small rewards are live already they did I believe the first payout last month web wallet over here so you can already access the wallet I believe the West website is wallet dot smart cash dot CC you can create your wallet out there you can get to voting and they’re gonna be working on mobile wallets Nexo on your phone that’s gonna be great instant pay after that smart notes I’m interested to see what that is adaptive blocks and then merchants tools so that’s like the big mainstream area up here but I do feel like this is a coin that you have the but you have the ability to get in on the ground floor as I said this chart looks pretty good there is quite a supply left to come in but the fact that you can lock them up for a long time is great especially if for example you have it’s only six cents for a token right now you want to get a thousand of them and then just get a nice reward over time and even not even think about it maybe you’re invested in a bunch of different coins and you just want to see which one’s gonna go up at least you’re gonna get a bunch of extra coins just for holding this one and I think that’s positive also it’s wonderful to see that they help the community to grow by literally funding proposals which I’ve talked about when I was at the – conference is one of the most exciting things in blockchain right now that is happening which is the blockchain itself is paying out to grow its own network so it’s basically giving away stuff for free and I like to see projects that give and therefore get because it’s all about community and this is one of those coins that I’m seeing from the community has a good vibe about it has that growth potential and has great governance with excellent features built into it right away aiming for the mainstream so I can’t see based on their current track record why they couldn’t be much higher and they’ve already done a lot of stuff and I’m curious to know what you guys think what do you guys think about smart cash let me know in the comments below let’s go ahead and take a quick look at the chat and maybe there’s something I missed there maybe you’re a fan maybe you’re not such a fan let’s see why okay yeah Jackie frontier crypto doesn’t do sponsored videos anymore I do not do sponsored videos and I was not paid for this and they’re actually speaking of sponsored actually there is something whereby if you were to make a piece of content a blog post longer than or a video longer than 30 seconds then you can actually I believe they’re having a bounty right now or you up to them you put a link to it and you can get a reward of between I believe 50 smart cash and 1000 smart cash so not bad right there you can get your own wallet just for writing something on steamin or whatever it is about some more cash so that’s an easy way to get some free cash right now but yeah I mean maybe I will put a link to this video to them and say hey loads of small cash can I please get some small cash I would like some small cash but I have not been paid to do this video at all okay so crypto Haven says what do you think is the best coin for big cash generally if you want to I mean that’s a good question I can’t never promise investment advice I have no idea right now I’ve looked at a few coins so if somebody actually the guy that created the software which I used to mine a theory on before or Z cash when I used to mine Z cash in Z classic his name is FX minor FX minor on Twitter yesterday said have you taken a look at bitcoins EBT z or BTC Z and I looked into it and I realized remaining something like 2,500 coins every 2.5 minutes of their blocks something crazy and I thought this inflation is huge I mean you’re seeing what I think I did the numbers it was something like 300,000 a day being created and I said you know this is a scam I mean clearly it’s for the miners so even though has a low market cap it’s not a good coin but generally what you want to do is find a good coin that has a lower market cap you know not in the hundreds of millions not in the billions preferably under you know 50 million if you can find a good coin with a good team then you’re gonna be I I think doing really really well but I think smart cash itself due to this video has a lot of potential to be honest I’m not just saying that but looking at it I I literally looked at a bunch of white papers yesterday and I read and looked up information on a bunch of teams and this was the only one that to me was like oh let me go ahead and share this because this looks like an interesting project and I would like to share with people even if it has a little bit higher of a market cap you might not get as big of a return as you would betting on the real biggest coin in the lower market cap but this one looks really really interesting and they’ve already done the work and they continue to do so Zen cash also I really like thank you David oh yeah thanks for the shirt comment yeah Alberto trust the ledger resist this is from crypto King clothing he shot me some free shirt so you can get a link in the description below if you’re interested in picking up some of his awesome awesome shirts and please tell jay I say hi if it gives you like a note section down there oh yeah cuz he’s been a supporter of this channel forever and he always sends me shirts just to wear so I appreciate that half my closet is like – shirts and crypto King clothing shirts now where is Wallace at somebody wants Wallace uh yeah would you mind be gold I would not mind be gold I’d rather mine smart cash right now or Zen Cash that’s probably what I’ll be doing okay guys so I’m going then cash is the yeah everybody wants the balls in cash I love Zen cash I’m telling you I was mining Zen cash at day one I was telling people about Zen cash which was a fork of Z classic which was a fork of Z cash I was mining Z cash day one then I saw Z classic had less than a million dollar market cap I said guys this going in this coin is probably gonna go insane you might want to look at it and sure enough it shot insane and then it forked into Z into Zen and now Zen cash has just an amazing community Jain Olympic Lippincott Rolfe robbed some really cool people and they’re trying to keep it grassroots again just like we’re seeing with smart cash it’s all about the community so about the vibes and you can also make proposals to them and get yourself funded if you’re interested with Zen Cash I don’t get funded by them specifically but I like the project I like the team and I continue to follow it it’s a coin I definitely like Dennis Turk smart cash has a value of five billion go Neil yeah a max value of five billion but that’s over time and that’s also gonna be locked up but yeah definitely something to consider which is does have a lot of inflation coming out again Sean Sean I didn’t get paid by some more cash for this advertisement I just wanted to share with you guys looks so different everything looks dark-themed engaged with the Alienware laptop haha yeah we put a nice warm light from behind to be the backlight so that’s why things look a little bit different let me know what you guys think about the lighting as well I’m gonna wrap this video up guys because I’m doing up another video right now I’m getting ready for you which is finally the introduction to cryptocurrency video which is gonna cover a lot of the basics basically my girlfriend Elle and I talked about cryptocurrency and some of the basics and asked questions and answered and gave tips about the best exchanges and a lot of opera I’m you know basic opportunities and questions people tend to have and we did a video buddy at the YouTube space Los Angeles which is the first ever a cryptocurrency video shot in official YouTube location so that’s really really exciting we use their nice high-end equipment and we’re excited to share that with you it’s gonna be up in about 36 minutes please give that a like please share that video to everybody who’s interested in getting started or if you’d like to check it out maybe there’s something you haven’t heard before but you’d appreciate it so please get the word out subscribe if you haven’t below and we’ll continue to give you guys the best opportunities possible so you can position selves well you want to be guys will be at ethereal summit and on Friday so we’ll be driving tomorrow might not have time to make a video but much love to each and every one of you we broke fifty six thousand subscribers and I think it’s because we keep giving we keep giving honest crypto knowledge that’s what this channel is about no money from icos just honest information as we move toward this better future so resist and much love peace guys [Music]