Epic Cash (EPIC) is a privacy-focused, decentralized cryptocurrency designed to provide secure, private, and untraceable transactions. It runs on the Mimblewimble protocol, ensuring that no transaction information is stored on its blockchain, making it immune to quantum computing decryption. With a maximum supply of 21 million coins, Epic Cash prioritizes privacy, security, and scalability, aiming to be a fully-fledged replacement for cash.
Epic Cash (EPIC) is a decentralized, privacy-focused cryptocurrency that operates on the Mimblewimble protocol. This protocol ensures that all transactions are private and secure, making it an ideal replacement for traditional cash. Here are the key aspects of how Epic Cash is used:
Wallets: Users can access their Epic Cash through both desktop and mobile wallets, which can be downloaded from the official website.
Mining: Epic Cash employs a polyphasic proof-of-work mining algorithm, which is divided into 48% CPU, 48% GPU, and 4% ASICs. This distribution prevents ASICs from dominating mining, making it accessible to home computers.
Transactions: Transactions are constructed interactively between wallets using a three-step process, involving stealth addresses and a "coin join" mechanism. This process eliminates the need to store transaction history, making the blockchain lightweight and efficient.
Privacy: Epic Cash transactions are completely private, and the blockchain does not store any transaction information. This ensures that all transactions are anonymous and immune to the decrypting power of quantum computers.
Supply: The total supply of Epic Cash is capped at 21 million coins, similar to Bitcoin. This limited supply contributes to its value and rarity.
Divisibility: Each Epic Cash coin is divisible into 100 million units, making it highly divisible and suitable for small transactions.
Scalability: The Epic Cash blockchain is extremely lightweight, with a size of just 3 GB, allowing it to fit on a cell phone. This makes it highly scalable and efficient.
Immutable: Once a transaction is sent, it cannot be stopped or reversed by third parties, ensuring that transactions are final and irreversible.
Overall, Epic Cash is designed to provide a secure, private, and efficient means of conducting transactions, making it a viable alternative to traditional currencies.
To store Epic Cash (EPIC) tokens, you can use a variety of wallets that support the cryptocurrency. Here are some options:
Epic Pay Mobile Wallet: This is a simple, easy-to-understand light wallet available on Google Play for Android devices. It allows you to send, receive, and store your Epic Cash with transactions powered by Epic Post technology.
Desktop Wallet: Epic Cash offers a desktop wallet that can be downloaded from their official website. This wallet is suitable for users who prefer to manage their EPIC tokens from a desktop environment.
Crypto Wallets: You can also store EPIC tokens in other popular crypto wallets such as Coinbase Wallet, MetaMask, or TrustWallet. These wallets are available as browser extensions or mobile apps and support a wide range of cryptocurrencies.
When setting up your wallet, make sure to follow the necessary security steps, such as creating a strong password and securely storing your secret recovery phrase or seed words. This ensures the safety and accessibility of your EPIC tokens.
To buy Epic Cash (EPIC) tokens, follow these steps:
Choose a Crypto Wallet: Select a reliable and reputable crypto wallet that supports Epic Cash (EPIC). Popular options include Coinbase Wallet, MetaMask, and TrustWallet. Ensure the wallet is compatible with your device and payment method.
Set up Your Wallet: Create an account, provide personal information, and set a strong password. You will be given a secret recovery phrase or seed words, which are crucial for recovering your wallet in case of loss. Note these down accurately.
Buy a Base Currency: Choose a cryptocurrency exchange platform and buy a base currency, such as Bitcoin, Ethereum, or Tether. This will be used to trade for EPIC.
Transfer Funds to Your Wallet: Withdraw the base currency to your crypto wallet. Log into your exchange account, provide your wallet address, and transfer the desired amount. Wait for the funds to appear in your wallet.
Choose a Decentralized Exchange (DEX): Select a DEX that supports your wallet. For example, if you use the Binance wallet, you can use Pancake Swap. Ensure the DEX supports the EPIC token.
Buy Epic Cash (EPIC): Connect your wallet to the DEX and select EPIC from the list. Enter the amount you want to trade and complete the transaction.
- Alternative Methods: If EPIC is not listed on the DEX, you can use tools like bscscan or etherscan to locate the smart contract address. Be cautious of scams and ensure you have the correct contract address.
Additionally, you can buy EPIC directly through certain crypto wallets or on centralized exchanges like KuCoin, following similar steps.
