HashCash’s HC NET helps enterprises around the world to use these under their own brand name for streamlining business processes. By reducing the base reserve fee, HC NET helps prevent people from overwhelming the network and aid in prioritization.
PALO ALTO, CALIF. (PRWEB) January 15, 2021
Leading blockchain pioneer HashCash Consultant’s HC NET reduces their base reserve fees. The company has reduced its HCX fees from 20HCX to 1HCX for adjusting their network charges with the growing HCX prices.
Apart from this, HashCash has reduced its fees required for creating a new asset on the network from 10 HCX to 0.5 HCX. HashCash’s base reserve fee is required for opening a new account on their platform and the base fee(currently 100 Jots) is used in transaction fees. The base reserve (currently 0.5 HCX) is used in minimum account balances.
In an interactive session with the media, Raj Chowdhury, CEO of HashCash Consultants, commented, “HashCash’s HC NET helps enterprises around the world to use these under their own brand name for streamlining business processes. By reducing the base reserve fee, HC NET helps prevent people from overwhelming the network and aid in prioritization.”
HC NET is an open-source blockchain community backed by HashCash Consultants for developers to build blockchain apps. It refers to the cutting-edge blockchain network supporting a wide array of services and products offered by HashCash Consultants. Recently, the valuation of HCX, a native digital token on HC NET, is said to be heading for an upswing while Hashcash Consultants takes up new projects. Other than that, HashCash sets new challenges with HC NET, thereby facilitating cross-border payments along with currency exchanges.
Highlighting a collection of HC NET Cores, which is the base of HC NET, these cores are maintained by various entities within a distributed network, thereby making it secure and reliable. Every transaction on this network costs a minimal charge for preventing spamming on the network.
- About HashCash Consultants:
HashCash is a global software company offering solutions in Blockchain, AI, Big Data, and IoT through its platforms, products & services. HashCash Blockchain products enable enterprises to move assets across borders in real-time for Remittances, Trade Finance, Payment Processing, and more. HashCash runs US-based digital asset exchange, PayBito & Digital asset payment processor, BillBitcoins. HashCash offers white label crypto exchange solutions, Payment processor software, ICO services, and customized Blockchain use case development. It propels advancement in technology through Blockchain 1o1 programs and its investment arm, Satoshi Angels. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients around the world.