User:MattL/Sandboxes/Sandbox 3

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Cascade
Cascade project logo
Cascade project logo
Denominations
PluralCoins
Symbol
CodeXCS[a]
Precision10-2
Subunits
 ​1100Ga
Development
Development statusIn development
Written inJavaScript
Developer(s)Parabirb
Ledger
Timestamping schemeProof-of-storage-time
Hash functionArgon2id
Block reward1 ga per kilobyte
Block timeVariable
Supply limitNone
  1. Compatible with ISO 4217.

Cascade () is a planned open source decentralized digital currency based on the file sharing, in which nodes, members of the network who lend digital storage space, are rewarded with the coin.

Design

Cascade originated as a concept out of the creator's disappointment with the lack of use and generic design of micronational cryptocurrencies, as well as the community's "poor methods of file sharing."

Cascade is written solely in JavaScript and employs the the Argon2id algorithm to randomize the reward for storing a file.

Encryption

Files submitted to the network are encrypted both in transit and in storage to eliminate the risk of node owners facing legal penalties for potentially illegal content submitted to the network by someone else.

Notes

References