Layer 1: Money
The soundness of cryptocurrency can divide into monetary technology and monetary policy. Cryptocurrencies before Bitcoin focused only on solving technical problems. Bitcoin solved those problems. But it did not focus on issues related to monetary policy.
Hacash stands on the technical foundation that Bitcoin has solved and inherits all Bitcoin's advantages. It focus on optimizing monetary policy issues.
Elastic Coin Supply
HAC, BTC, and HACD are 3 PoW coins that are not pre-mined and have different money qualities. The three coins form the Hacash monetary system. It fulfills the function of cryptocurrency in large-scale payment and store value.
HACD is the first ever PoW NFT that requires bidding HAC to earn the right to final broadcast. HAC would then be burned, and reduce inflationary pressure. Since the diffculty never drops, marginal costs of producing HACD will only be higher. Miners in free market would need to decide whether to bid or not.
On the other hand, when the market is in recession or deflation, the mining of HACD can be ceased and loan for HAC. In addition, one-way transfer of Bitcoins could also release massive new HAC linearly. Together form a sound money system that would self-adjust coin supply based on the free market.
Fairest Initial Distribution
There is no founder reward, no official holding, no node distribution, no pre-mining, no private placement, no foundation. Everything starts fair mining from scratch. It took 6 years to increase the reward per block from 1 to 8, and then it took 60 years to decrease to 1, and finally fixed at one currency per block. 22 million coins will be mined in the first 66 years, the total coins is unlimited.