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Australia Cash

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Australia Cash
PluralAustralia Cash
Ticker symbolAUS
Original author(s)Jason Arrowsmith
Initial release0.16.3.0 / 12 November 2018; 11 months ago (2018-11-12)
Latest release0.17.4.0[1] / 24 January 2019; 8 months ago (2019-01-24)
Code repositorygithub.com/australiacash/australiacash-core
Development statusActive
Written inC++
Operating systemWindows, OS X, Linux, Android
Developer(s)Australia Cash Core Development Team
Source modelOpen source
LicenseMIT License
Timestamping schemeProof-of-work
Hash functionscrypt
Block reward50 AUS (approximately till 2022), halved approximately every four years
Block time2.5 minutes
Block explorerauscashexplorer.org
Circulating supply2,523,113 LTC (19 November 2018)

Australia Cash (AUS or AUSCASH) is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.[2]

Blockchain The AustraliaCash blockchain is capable of high transaction speeds and short block generation times which help the network to support many transactions, large or small.

Wallet Security Wallet encryption secures your wallet via password. The wallet.dat file can also be stored offline on a usb device.

Proof of Work A Proof-of-Work (PoW) system (or protocol, or function) is an economic measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, meaning processing time by a computer.

Algorithm AustraliaCash uses the Scrypt Algorithm to secure the blockchain. The algorithm was specifically designed to make it costly to perform large-scale custom hardware attacks by requiring large amounts of memory.

See also[edit | edit source]

References[edit | edit source]

  1. "Windows Release".
  2. Satoshi, Nakamoto. "Bitcoin: A Peer-to-Peer Electronic Cash System" (PDF). Bitcoin.org. Retrieved 24 April 2013.

External links[edit | edit source]


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Category:2018 software Category:Alternative currencies Category:Cryptocurrencies Category:Currency introduced in 2018 Category:Computer-related introductions in 2018

This article "Australia Cash" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Australia Cash. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.

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