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Smartcash Documentation Release Latest SmartCash Documentation Release latest strophy Apr 20, 2021 First Steps 1 Contents 3 1.1 What is SmartCash?...........................................3 1.1.1 SmartCash Videos.......................................3 1.1.2 Brochure/Whitepaper......................................4 1.1.3 Roadmap............................................4 1.2 Features..................................................4 1.2.1 Specifications..........................................4 1.2.2 Smartreward...........................................4 1.2.3 Smartnode............................................4 1.2.4 InstantPay............................................5 1.2.5 Smartvote............................................5 1.2.6 Smartcard............................................6 1.2.7 SmartBand...........................................6 1.2.8 Hive Structuring Teams.....................................7 1.2.9 Keccak Hash Algorithm....................................7 1.2.10 Emission Rate..........................................7 1.2.11 Fees...............................................8 1.3 How To Buy...............................................9 1.3.1 Exchanges............................................ 10 1.3.2 Instant exchanges........................................ 13 1.3.3 Over the Counter........................................ 14 1.3.4 ATMs.............................................. 15 1.4 Safety................................................... 15 1.4.1 Scams.............................................. 16 1.4.2 Ponzi Schemes......................................... 16 1.5 Links and Information.......................................... 17 1.5.1 Links.............................................. 17 1.5.2 Tools.............................................. 21 1.5.3 Mobile Apps.......................................... 22 1.5.4 Glossary............................................. 22 1.6 Wallets.................................................. 29 1.6.1 NodeClient Wallet....................................... 29 1.6.2 Electrum Wallet......................................... 67 1.6.3 Android Wallet(deprecated).................................. 95 1.6.4 iOS Wallet(deprecated)..................................... 95 1.6.5 Smartcard Wallet........................................ 95 i 1.6.6 Paper Wallet........................................... 98 1.6.7 Hardware Wallets........................................ 103 1.6.8 Third Party Wallets....................................... 107 1.6.9 Web Wallets(deprecated).................................... 112 1.6.10 Wallet Guides.......................................... 113 1.7 Earning, Saving and Spending...................................... 117 1.7.1 Earning............................................. 117 1.7.2 Saving.............................................. 117 1.7.3 Spending............................................ 117 1.7.4 Tax............................................... 119 1.8 Getting Started.............................................. 119 1.8.1 Payment Processors....................................... 120 1.8.2 Installation Examples...................................... 123 1.9 Administrative Processes......................................... 124 1.9.1 Onboarding Process....................................... 124 1.9.2 Promoting SmartCash...................................... 124 1.9.3 Currency Conversion...................................... 124 1.9.4 Legal considerations...................................... 125 1.10 Technical Guides............................................. 125 1.10.1 SmartCash Wallet Integration.................................. 125 1.10.2 Integration Notes........................................ 125 1.10.3 API Services.......................................... 125 1.10.4 SDK Resources......................................... 127 1.10.5 InstantPay............................................ 130 1.10.6 Vending Machines....................................... 131 1.10.7 Price Tickers.......................................... 131 1.10.8 QR Codes............................................ 131 1.11 SmartHive................................................ 131 1.11.1 SmartHive Teams........................................ 131 1.11.2 Discussion............................................ 132 1.11.3 SmartVote............................................ 132 1.12 SmartRewards.............................................. 136 1.12.1 SmartRewards FAQ’S...................................... 137 1.13 SmartNodes............................................... 137 1.13.1 Understanding Smartnodes................................... 137 1.13.2 Hosting Services........................................ 139 1.13.3 Setup.............................................. 139 1.13.4 Maintenance.......................................... 148 1.13.5 Advanced Topics........................................ 150 1.14 Mining.................................................. 151 1.14.1 SmartNodes vs. Mining..................................... 152 1.14.2 Mining Pools.......................................... 152 1.15 Developers................................................ 155 1.15.1 Translating SmartCash..................................... 155 1.15.2 Compiling SmartCash NodeClient............................... 157 1.15.3 Testnet.............................................. 159 1.15.4 Insight API Installation..................................... 159 1.15.5 Version History......................................... 160 1.16 Marketing................................................ 160 1.16.1 Design Materials........................................ 160 1.16.2 Business Templates....................................... 162 1.17 Legal................................................... 163 1.17.1 Smartcash Deemed Not a Security Under Singapore Law................... 163 1.17.2 How the Law Applies to SmartCash.............................. 163 ii 1.17.3 ATM & Fiat Compliance.................................... 165 iii iv SmartCash Documentation, Release latest HAS NOT BEEN OFFICIAL RELEASED YET SmartCash is a peer-to-peer digital currency that can be used without having to trust a third party, which makes it possible to be your own bank. The name reflects the aim: By focusing on being ease to use even for people who aren‘t crypto geeks, on being merchant friendly and with a self-funded unique governance model SmartCash aims to be the cryptocurrency of everyone’s choice when it comes to payments, SmartCash currently also offers instant transactions (InstantPay) and operates a self-governing and self-funding model that enables the SmartCash network to pay individuals and businesses for work that adds value to the network. This smarthive and budgeting system. If you are new to cryptocurrencies, the most important change to understand is that transactions occur directly between two parties without any central authority to facilitate the transaction. This also means that you are responsible for your own security - there is no bank or credit card company to reverse a transaction if your funds are stolen or lost. In this sense, it is similar to cash or gold, but cryptocurrency can be spent locally and internationally with equal ease, if you are confident you are sending funds to the right destination. For these reasons, the SmartCash documentation has a strong focus on safety and understanding the concepts and features that drive the SmartCash ecosystem. The videos, links and documentation below can help you get started, or use the table of contents on the left to find a specific topic of interest. First Steps 1 SmartCash Documentation, Release latest 2 First Steps CHAPTER 1 Contents 1.1 What is SmartCash? SmartCash is a peer-to-peer digital currency that can be used without having to trust a third party. By focusing on being ease to use even for people who aren‘t crypto geeks, on being merchant friendly. The SmartCash network features instant transaction confirmation, double spend protection, a self-governing, self-funding model and a roadmap . While SmartCash is based on Bitcoin and compatible with many key components of the Bitcoin ecosystem. This section of the documentation describes these and many more key features that set SmartCash apart in the blockchain economy. The videos, links and documentation collected here can help you get started, or use the table of contents on the left to find a specific topic of interest. New users may be interested in getting started with an appropriate wallet, learning about how to buy SmartCash and where to spend SmartCash, learning about safety or joining one of the many SmartCash community sites. 1.1.1 SmartCash Videos SmartCash Explained SmartCash Explained is a six-part video series. It explains SmartCash from a beginner’s level up to descriptions of the more advanced features. Please note some content in this video are out of date like smartreward payments times, Fungibility and Privacy features. SmartCard & SmartPay SmartCard & SmartPay is an nine-part video series. It covers unique features and functions of SmartCard & SmartPay only available on the SmartCash network, and is available in English, 3 SmartCash Documentation, Release latest 1.1.2 Brochure/Whitepaper The SmartCash Brochure/Whitepaper describes the unique value proposition and key innovations in SmartCash from an academic and theoretical perspective. It is a living document maintained on https://smartcash.cc/brochure/, receiv- ing ongoing updates and frequent community translations as
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