SmartCash - A Promising Project and a Good Option to Get Passive Income

What is SmartCash?

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SmartCash is a peer to peer, community driven cryptocurrency centered on privacy and speed of payments. This blockchain technology uses Proof of Work as Bitcoin does through mining. But with a big difference in the distribution of the block mining rewards.

SmartCash miners receive only 5% of the rewards, while the vast majority of SMART is destined for SmartRewards and SmartNodes.

It shares several similarities with cryptocurrencies such as DASH and PIVX regarding the implementation of nodes and their nature of community governance. With the difference that SmartCash supposes a lower entry barrier, because it allows any user who has at least one SMART to vote for the proposals presented by the community.

SmartCash believes that everyone can have a say in the project, not users that need to know how to maintain a server or contribute large sums of funds. We make it easy, as simple as sending an email to cast a vote.

Origins of the project

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SmartCash had its launch in 2017 as a community-focused currency.

SmartCash is a project born out of the desire to create a viable, fast, merchant oriented, user friendly and community driven cryptocurrency with a decentralized governance system.

We aim to create the most nimble and fast growing cryptocurrency by aggressively prioritizing block rewards to growing our community, hiring developers, gaining merchant acceptance and via grassroots community outreach efforts and established marketing methods.

Main Features of SmartCash

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SmartHive

Everyone can join the decentralized SmartHive community. This is where the fate of the currency is controlled, including the governance and the budget. This allows anyone to get involved by voting and presenting proposals to the community.

Each SmartCash holder receives one vote per SMART on their property. If the majority of votes after fourteen days are in favor of a proposal, it will be accepted automatically. In this way the community can finance their ideas and help the growth of the project.

SmartRewards (Rewards)

SmartCash has a built-in stabilization mechanism that encourages long-term holding. These rewards are paid to each address in a wallet with at least 1000 SMART (approximately $73).

SmartRewards come from the block mining rewards.

SmartNodes

All users who have at least 10,000 (a little over $700) SmartCash can configure a SmartNode. These are servers that run the SmartCash code. The Nodes receive 10% of the rewards per block.

This is a fairly affordable cost for a master node, especially one from a project that already has a good product and community. The best thing is that both SmartRewards and SmartNode payments are received, increasing the passive income.

Curently I'm getting SmartRewards and some time ago I decided to set up a SmartNode, so I am accumulating SMARTs little by little.

I advise everyone to do your own research before forming your opinion and, above all, before investing in any project. Personally I like this project because I see that it has a great community and development team behind it, and I see potential in many of its proposals and already functional products.

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In the following links you can find more information and get in touch with the community:

https://steemit.com/@smartcash
https://smartcash.cc/
https://twitter.com/scashofficial
Discord: https://discord.gg/VMwh3TR