About Bitcache 

Bitcache is a privacy centric file sharing and storageplatform that allows you to store and share your files safe from prying eyes. Think Dropbox but without the ability for Dropbox to read your files or hackers to steal them from our servers simply because we cannot read or steal them as they are encrypted from end-to-end.

Basic Information

Trust and reputation

Building trust is difficult, and it is centrally governed by big marketplaces. There is an
inability to transfer trust from one centralized service to another, and thus a need to establish relationship with each merchant separately. Moreover, a merchant’s history is not recorded, so there is no ability to punish fraudulent buyers or merchants. Huge efforts and advertising budgets are needed to create trust if a merchant is not a part of a centralized marketplace.

Vision & mission

Vision & Mission is to educate the public about Bitcache as a means of payment in a decentralized ecosystem so that it is easily understood by the public when conducting transactions. On the other hand, most companies focus on centralizing credit cards supported by cryptocurrency. The use of cards is no longer needed in the future and has changed with the Blockchains-based “Mobile Wallet Payment” application. Bitcache supports the development of the Smart Wallet Proof of Stake (SW-PoS), the main staking platform.

Features

Ecosystem

The Smart Contract ERC20 protocol standard on Ethereum Blockchain, Bitcache Token is
designed as a secure, easy, fast and low cost peer-to-peer (P2P) payment token, very
helpful for every user in all Bitcache Ecosystem Networks. Bitcache ICO will take place at the offering of several stages of the Batch Package at launch. Funds collected from the sale of ICO coins will be used for the development of platform ecosystem. Investors can choose the Batch#1 Package from the first stage of the offer at the ICO launch within the specified time limit.

Platform

Bitcache main project is the development of a smart contract system based on the ERC20 Mobile Wallet, Bitcache tokens that are easily implemented as payments for all online network transactions and more unique is integrating the Smart Wallet Proof of Stake (SW-PoS) risking your life of mobile devices to enjoy passive income every day, your application is fully decentralized with full nodes that provide security validate transactions on the Blockchain 2.0 network from the most important parts of the Ecosystem.

Security

On the next Bitcoin reward halving, hundreds of millions on dollars in obsolete mining
hardware will be sold cheaply privately or online. This will open a window of vulnerability
giving an attacker the possibility to buy a huge amount of hashing power for very little
money and execute a 51% attack. Also the decrease in security may affect the perceived
value of the coin. By increasing the profitability of Bitcoin mining with Bitcache merged
mining, the Bitcoin network may prevent the hash rate to plummet.

Stakeholders

Bitcache governance’s primary goal is to align the main stakeholders of Bitcoin by creating rewards that are fully aligned with their current activities. This philosophy is directly reflected in its core architecture where Bitcoin miners provide the hashing power required for the proof-of-work block validations, industry leaders (Exchanges, Wallets and Payment Processors) integrate the Federation that creates validation checkpoints and sign the redeem transactions of the 2-way peg.

Opportunity

Blockchain and P2P Bitcache networks have already proved to be disruptive technologies with the power to challenge the status quo and eliminate the middleman in many different business areas. There are numerous factors in the market that are converging to create a favourable environment for platforms based on blockchain. Currency exchange is going to be the next frontier for P2P.

Video

Team

Also Read – Click Here for Read All ICO Review

Quote This article is writing on 21 June 2019 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258

Not all the websites Whi listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment in an online program with money you aren’t prepared to lose. Make sure to research the website. So Please take care of your investments. and be on the safe site and avoid much losing online.

The post Bitcache ICO Review : Storageplatform That Allows You To Store And Share Your Files appeared first on Coinworldstory.