Major Upgrade Release - AuxPOW Hardfork

Australia Cash

Digital Asset


About AustraliaCash

Australiacash is a free open source peer-to-peer digital asset system that is completely decentralized, without the need for a central server or trusted parties. Users hold the crypto keys to their own AustraliaCash and transact directly with each other, with the help of a peer-to-peer network to check for double-spending.

AUS is the top layer Proof Of Work system which supports the Auxilary Proof Of Work layer including Dogecoin, Dingocoin and a variety of other AUXPOW coins.

  • Completely Decentralized and Open Source
  • Windows, MacOS and Linux Wallets

How It Works



The AustraliaCash blockchain is capable of high transaction speeds and short block generation times which help the network to support many transactions, large or small. Wallet encryption secures your wallet via password. The wallet.dat file can also be stored offline on a usb device. Wallet data is stored within the blockchain using private keys, those keys are all that is needed to retrieve your funds from the blockchain.

  • Open source code actively being developed
  • Trustless peer to peer technology
  • Secure and Decentralized


In World War II cryptography was used to convert radio messages into code that nobody could read. To read it, you would need a private key to convert back to the original message. It was possible through mathematical formulas! Australia Cash uses cryptography in the same way. Instead of converting radio messages, Australia Cash converts transaction data. Australia Cash does this using the blockchain.

  • Cryptographic Technology
  • Private Key Security

Proof of Work

A Proof-of-Work (PoW) system (or protocol, or function) is an economic measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, meaning processing time by a computer. AustraliaCash uses the Scrypt Algorithm to secure the blockchain. The algorithm was specifically designed to make it costly to perform large-scale custom hardware attacks by requiring large amounts of memory.

  • Algorithm - Scrypt
  • Calculated Block Adjustment

Max Reorganization

A chain reorganisation (or “reorg”) takes place when your node receives blocks that are part of a new longest chain. Your node will deactivate blocks in its old longest chain in favour of the blocks that build the new longest chain. Our max reorg function denies any reorganization past a hard set 100 blocks or via rpc to choose a lower confirmation time if required.

  • Max Reorg - Zcash Contribution
  • Default Max - 100 Blocks

AuxPOW Function

AuxPoW allows one blockchain to "mine" a block on behalf of another blockchain, sharing the work and benefiting both. Essentially, miners can use their computational power to mine blocks on multiple chains concurrently through the use of AuxPoW. The idea behind AuxPoW is that the work done on one blockchain can be leveraged as valid work on another chain.

How Does It Work?

The blockchain that provides the proof of work is called the parent blockchain, while the one that accepts it as valid is the auxiliary blockchain. To perform merged mining (which involves AuxPoW), all the involved cryptocurrencies must be using the same algorithm. Notably, the parent blockchain is barely affected as it doesn't have to undergo any kind of technical modification. On the other hand, the auxiliary blockchain needs to be programmed to effectively receive and accept the work of the parent chain. Typically, adding or removing support for merged mining requires a hard fork. In theory, merged mining can be an interesting method for a smaller blockchain to increase its security by leveraging the hashing power of a larger chain (e.g., Bitcoin). However, opinions on its effectiveness vary.

Security Considerations:

Some developers argue that merged mining provides a false sense of security. A relatively big mining pool that is not particularly dominant on Bitcoin could easily reach 51% hashing power on the smaller chain. Others believe that if the reward or incentive is good enough to mine the auxiliary chain, it will attract more miners, thus reducing centralization and increasing security. Additionally, merged mining may decrease security because economic losses are removed from the process. Miners can use their hashing power on the smaller chain without risking their Bitcoin block rewards, potentially reducing their motivation to act honestly on the auxiliary chain.

In summary, AuxPoW is a fascinating mechanism that allows different blockchains to collaborate and enhance their security while sharing mining efforts.


Q4 - 2018

Launch - AustraliaCash Core Wallet Released and Blockchain Established Monday, November 12, 2018 7:34:10 PM GMT+10:00.

Q1 - 2019

Exchange Listings -
BlockNet DX

Q2 - 2019

Develop and Release Android Mobile Wallet

Play Store (Deprecated)

Q3 - 2019

Exchange Listings - Altmarkets, Autradex, Swiftex

Q2 - 2021

April Fools Day - Release of Layer 2 - Dingocoin AUXPOW Monetary System

Learn More

Q3 - 2021

Exchange Listing - SouthXchange

2023 - 2024

Upgrade code to be inline with Bitcoin v24.x with descriptors and Taproot. Possible fork to Multiple Algorithms plus Proof of Stake. PR currently in Testnet

2024 - 2025

Auxillary Proof Of Work Function.

AUXPOW used by the Q2 - 2021 launch of Dingocoin will be implemented into AusCash.

Utilizing the CyberDollar codebase all latest updates from Doge and Dingo will also be implemented.

30sec block times and recalculated emissions schedule to keep current emissions at 10.5 million per year, halved every 840k blocks.