What is Hshare (HSR)?
Future of HSR Cryptocurrency and know how to buy HSR

#1 - What is Hshare

Hshare is one of the newly launched cryptocurrencies that is attracting crypto enthusiasts following its entry in the top 20 cryptocurrencies by market capitalisation. The coin’s bull run seems to be coming from its technical superiority, which is why it's also being anticipated to be Ethereum’s competitor.

Hshare: The Basics

  1. Hcash is a hybrid platform which allows value transfers for both block-based and blockless-based blockchains. Its cryptocurrency is denoted by the symbol HSR & has a total supply of 84 million coins.
  2. It was initially named Hshare but its name has changed to Hcash on some exchanges. It was launched on 2nd October, 2017 after its ICO distribution on 28 June ’17. The transition of all Hshares to Hcash will be complete by Q3 2018, at the rate of 1 Hshare = 1 Hcash.
  3. Hcash is an open-source cross-platform & distributed ledger system. It integrates Blockchain and DAG systems. The information flow between platforms is through Hcash’s own platform which improves the flow of information.

 

#2 - What are the Benefits of Hshare ?

Hshare Development

  1. Hshare was developed by a team of Dallas Brooks, Khal Achkar and Andrew Wasylewicz. It got a new development team which is being led by Mo Sen and John Woeltz who are veteran Silicon Valley developers.
  2. The upcoming developments will be for higher-throughput smart contract functionality & implementation of a consensus system. Its team will destroy all Hshare via technical means.
  3. It is working with international universities like Australia’s Monash University, Shanghai Jiao Tong University (SJTU) and the Hong Kong Polytechnic University to make Hcash more efficient and safe.
  4. Hong Kong Polytechnic University will build a decentralized anonymous credentials system and faster payment system for Hcash. This will let Hshare users to preserve their privacy while proving their identity of the platform.

Hshare Technology

  1. Zero Proof Knowledge:  This technology does not need identifiable user information. It conceals the identity of parties involved in the transaction using bi-directional encryption. The users can mask their identity while disclosing details of their transaction which improves transactional privacy.
  2. Hybrid PoW and PoS mining mechanism: Proof of Work or Proof of Stake is used for verification and creation of new blocks. User engagement network’s computing power is maximized via hybrid PoW/PoS system. PoW motivates the miners to add to the computing power.
  3. Dynamic real-time electoral system: The use of revenue is decided by the shareholders with a dynamic real-time electoral system. Voting power is determined by shareholders’ network computation power. The decentralized autonomous organization (DAO) governs Hcash which makes decision making easy as it observes a hierarchy.

Features

  1. Cross-platform exchanges: Hcash shareholders can transfer value between two different platforms which can have public or private address with their own Hcash wallet. Hcash develops concurrent networks of blockchains and DAG. This can be used to send and receive other cryptocurrencies in Hcash wallet with interoperable addresses offered by blockchain and DAG.
  2. Privacy: The use of zero-knowledge proof technology ensures users’ privacy as transactions details can be verified without revealing identity. So, Hcash is a haven for users seeking anonymity in transactions.
  3. Quantum Resistance: Quantum resistance is built in the Hcash code and protects it against attack by quantum computers. Quantum computers despite being much powerful cannot gain influence over its network by using new transaction signatures and iterative hashes.
  4. Decentralisation: The DAO governance system will enable decentralisation and continual vitality. The decentralised ledger system will circulate information freely between different blockchain systems.

 

#3 - How to Buy and Store Hshare?

How to buy Hshare

  1. Hshare has been recently launched and it can be purchased from exchanges like Binance, Okex, Bit-Z, Gate.io, Hypex, etc.

With the HGR cryptocurrency being available over more than 10 exchanges, it can get difficult to get the best price for your transactions. Which is where CoinSwitch steps in.

  1. While cryptocurrency exchanges provide you a platform to buy or sell the Hshare cryptocurrency, CoinSwitch, the largest cryptocurrency conversion platform, comes in to help you make the right decision by providing the prices for HSR. It makes it possible for investors to invest in HSR coin and also store it securely using a Hshare wallet. This way you can choose the best deal for you!
  2. CoinSwitch provides a medium for Hshare exchange. With CoinSwitch you can also buy, sell and trade over 275 cryptocurrencies for Hshare.

Hshare Storage

HSR tokens can be stored in Hshare wallet which can be stored on any of the following with a private key:


-Ledger Nano S,
- Ledger Blue;

- Windows 7+/ macOS 10.8+

- Linux

 

#4 - What is the future of Hshare ?

Also Read: Complete Analysis of Hshare | Live Hshare (HSR) Price Charts And Predictions

As of June 2018, its market capitalisation stands at $207 million. The total supply of the Hshare cryptocurrency (HSR) is about 43,155,300 HSR.

With hybrid platforms and secure and private transactions, Hshare is very well placed to be at the centre of the shift to users wanting to trade between different platforms and store in Hcash wallet. Priced at around $5 in mid September 2017, it rose with rapid pace to touch over $37.13 on 20 December ’17 - giving its investors an impressive return of 642% in less than 4 months.

Date

Open*

High

Low

Close**

Volume

Market Cap

Jun 01, 2018

7.30

8.22

7.30

7.97

53,178,100

314,399,000

May 01, 2018

11.10

11.35

10.21

11.30

56,850,900

476,456,000

Apr 01, 2018

5.70

5.97

5.26

5.51

15,346,600

244,103,000

Feb 01, 2018

14.13

14.66

11.28

11.90

82,753,900

601,368,000

Jan 01, 2018

29.64

31.10

26.23

28.28

244,012,000

1,258,150,000

Dec 01, 2017

15.95

17.20

15.14

16.90

56,774,800

675,011,000

 

#5 - How is Hshare different from other cryptocurrencies?

As discussed earlier in this post, Hshare has multiple standout features making it unique from most other cryptocurrencies.

  1. Hcash wallet can soon be used to send and receive various currencies as it operates as a dual chain. This feature is not available in Bitcoin and Ethereum.
  2. The Hshare (HSR) holder can participate in decision making due to Hshare’s hybrid nature. The consensus algorithm is better than existing technology. Hybrid PoW and PoS enables community-wide decision making.
  3. Its bi-directional feature caters to both DAG and blockchain systems and makes the interaction of different easier. Users’ identity is always hidden.
  4. Unlimited Hcash transfers with limited block size can be made. The transfer speed and amount does not interrupt transfer of Hcash wallet which makes it handy.

 

#6 - Should you invest in Hshare?

  1. Hshare is working on establishing quantum resistant computing, which can protect users against cracking of source codes. So, it is private and secure.
  2. The multi-compatible and multifunctional software allowsa combination of different crypto technologies to work together. Its hybrid technology can be used to curate, store and transfer data and be used for Internet of Things and Big data. It can also capture Fintech which can improve financial efficiency. This will give it a stable base for future developments.
  3. Hshare can become a new standard of value as it can be transferred easily between platforms. Hcash’s potential to revolutionize diverse fields is immense which can be exploited by investors to give it another bull run.
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