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SpeedCash (SCS)

$ 0.01
-0.89 %
Main info
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Total supply
587,545 SCS
Max. supply
587,545 SCS

Key data

updated $0
Market cap$0
Volume 24h$0

SpeedCash (SCS) is a hybrid cryptocurrency combining Proof of Work (PoW) and Proof of Stake (PoS) mechanisms. It's mineable and focuses on faster transactions. Think of it as a digital cash alternative with added security from both mining and staking.

Frequently asked questions

What is SpeedCash and how is it different?

SpeedCash (SCS) is a hybrid cryptocurrency using both PoW and PoS, offering faster transactions than PoW-only coins. Its dual consensus aims to balance security and energy efficiency.

How does SpeedCash's technology work?

SCS uses a hybrid PoW/PoS system: miners validate transactions (PoW), while stakers secure the network and earn rewards (PoS). This combo aims to prevent centralization.

How are new SCS coins created?

New coins enter circulation through mining (PoW) and staking (PoS). Miners solve cryptographic puzzles, while stakers lock funds to validate transactions and earn rewards.

How to store and use SpeedCash?

Use the official wallet (from scash.ml) for staking or compatible third-party wallets for storage. SCS can be traded on supported exchanges or spent where accepted.