Australia Cash

Digital Asset

Image

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

01

Blockchain

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
02

Cryptography

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
03

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
04

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

Roadmap

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 -
Bisq.network
BlockNet DX
Cratex.io
Enmanet.com

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

Downloads

Image

Windows Wallet
Image

MacOS Wallet
Image

Ubuntu Wallet
Image

Mobile Wallet
Image

P2Pool Mining

 

 

 

 
 

DELION DEX