$ 1.48 right now
Trade name: HSR
Year of Foundation: 2017
What is Hshare?
Hshare coin is the cryptocurrency coin for a decentralized source platform called Hshare. It stands as a token for the Hshare platform. The platform’s creation was based on another level of blockchain technology; it was designed to work as a side chain for blockless and blockchains.
The Hshare coin is not only a token but serves another purpose as a valuable information carrier between different systems based on the blockchain.
It is a pre-launch value token with 1:1 trade-in for Hcash, which is a new value transfer among blockchains.
How does it work?
The decentralized platform makes sure that value and information are transferred through a wide range of blockchains. It offers unlimited opportunities to link various systems. It can handle large amounts of data, analytical tools e.t.c. It is therefore useful to the large data area. The application of Hshare is possible in some areas including Internet of Things.
It works via a dual side chain consisting of blockchain and DAG systems. This system works to ensure that there is an unrestricted flow of value and there is proper sharing of information blockchain.
History of Hshare
Hshare has been on the market since 28th July 2017. The team consists of three individuals with vast computer and finance knowledge. It originated out of a desire to make improvements in the existing blockchain and to create a new standard of value. The main chain was released in February 2018.
How to use Hshare
Hshare runs without a reserve bank, and there is no administrator. This means that if you want to use it, you will have to go through a cryptocoin exchange. It utilizes the PoW and PoS protocols.
There is a two-step process to buy Hshare using your bank. Start by buying BTC or ETH using your credit/debit card. After this, transfer to a marketplace that sells HSR for bitcoin and ether.
Hshare market price
The coin has been performing quite fairly on the market. By November 2017 the currency was trading within the top 20 cryptocoins on the market. It had an overall valuation of $863million. Currently, it trades at $7.40 with a market capitalization of $318.56. It ranks #54.