
CacheCoin (CACH)
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About CacheCoin
CacheCoin (CACH) is a cryptocurrency project that implements a mining algorithm called Scrypt Jane, developed by Jane. The project utilizes a two-consensus mechanism: Proof of Work and Proof of Stake. The preferred consensus device for the project is the CPU. CacheCoin has a total supply of 2,000,000,000 coins.
The project’s difficulty adjustment algorithm, known as VALM-Cache, is divided into two consensuses: block times for Proof of Work set at 15 minutes and Proof of Stake set at 10 minutes. Difficulty adjustments occur with each block based on the results of three intervals. A Spam-Hash control function has been added to ensure the network’s stability.
CacheCoin rewards miners based on the difficulty level, with the reward amount inversely proportional to the network complexity. The maximum reward is set at 80 CACHE and the minimum at 40 CACHE, ensuring a fair distribution. The project has also established a reserve fund to support its development and promote the project. Once conditions are met, there are plans to explore adding CacheCoin to other cryptocurrency exchanges.
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