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Since its inception over nine years ago, Bitcoin (BTC) has enjoyed massive success, but this leading crypto is not without its problems too! In this wise, BHP Cash (BHPC) proffers solutions to some of the problems of Bitcoin Crypto like its encryption algorithm which is a little bit weak. As such, it is unable to act against quantum computer’s anti quantum computing effectively.
Another problem of Bitcoin which BHP Cash actually solves is its low transaction rate and the high service charge that slows down Bitcoin’s transactions. It should also be noted that Bitcoin has natural deflationary tendencies. These are some of the shortcomings that BHPC is working to overcome.
What though is BHP Cash (BHPC)?
BHP Cash (BHPC): Introducing A Rare Gem
BHP (Bank of Hash Power) is a decentralized financial blockchain platform that provides treasury services as a way of committing to issuing digital currency. It is also an innovative Blockchain financial management platform that is derived from a global hash power asset with a simple goal of redefining the value of internet finance, which is based on Blockchain hash power.
The name of its digital currency is BHPC. It is a digital asset infrastructure that runs on Blockchain. In a simpler term, it is basically a decentralized bank that uses Bitcoin hash power as collateral.
What they do is that they connect users and miners using smart contracts to achieve the demand and supply match between them. By so doing, miners and users are provided with more options of revenue, thus making hash power a valuable medium.
Some of the values that BHP provides include: exchange and transaction, hash power mortgage loan, hash power investment value, reinvestment and asset settlement, intelligent mining contract and point to point transfer.
Bank of Hash Power (BHPC) primarily relies on a strong hash power to establish a Proof of Power mechanism with great targets that include: high currency, safe international transaction payment system, and low cost.
Users are provided with more efficient and convenient financial services, which can accelerate trading, shorten the period of auditing and also improve the efficiency and quality of financial services.
BHP Cash (BHPC): Advantages
A major area of interest for potential investors in BHP is no doubt in its advantages. Below are some of the high points of the crypto:
- Payment Currency: BHP provides a high-frequency payment for cross-border E-commerce payments, trade payments, supply chain finance, and even a trading currency.
- Lower cost of transaction: because it is a high liquidity currency, BHPC uses its own independent Blockchain to develop trading applications, and as a result of this, the cost of global transaction is much more reduced.
- Native value: Global mine power has BHPC as credit guarantee, and they also ensure value stability by utilizing continued mining to generate revenues and repurchase BHPC.
- Financial service: they also provide diversified digital, financial services and products such as asset replacement contract derivative, mortgage, setting, and reinvestment for investors. This is made possible due to its strength, user base, and robust
BHP Cash (BHPC): Deposit Interests
As it has been noted earlier, BHP Cash (BHPC) is the token of the BHP bank system; this implies that any user who holds the BHPC token can exchange the actual hash power directly on the client. Such a user can always use BHPC to purchase the corresponding hash power of the mine, collect mining revenue, and even decide the cryptocurrency type of mining.
Everyone can actually use hash power as the basis for purchasing BHPC as a value certificate of their own. The user can then view the converted hash power in real time. Various kinds of valuable digital currencies can also be purchased by the BHPC of proceeds. These valuable digital currencies include Bitcoin, Ethereum and Dash. More so, users can continue to hold the BHPC to get more benefits.
BHP Cash (BHPC): Mechanisms to Promote Price
- BHP will directly cooperate with bulk trading clients to stabilize BHPC prices in the bulk market to prevent their volatility.
- BHP’s earnings will be selectively invested in the market to ensure price stability.
- BHP might also seldom adjust the incentive reward system for investors to stabilize the BHPC price from a market perspective.
- And lastly, by repurchasing from the market and giving back to the customer, the repurchase will be carried out at an appropriate price, thus ensuring that BHP Cash’s (BHPC) price is at a constant upward trend.