HyperExchange FAQ Document

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  1. What is HX? What’s the relationship between HC and HX?

HyperExchange (HX) is designed to help the HCASH ecosystem achieve value through connecting blockchains together. Through injecting resources into its ecosystem from its developers and integrating resources from other chains, HX is able to build an ‘interlinked, bifocal’ dual-token and dual-chain ecosystem with HyperCash (HC) acting as the HCASH main chain, while HX focuses on expanding the HCASH ecosystem via integration. HX will enable accessibility among blockchain and non-blockchain networks, and will provide HC holders with benefits such as an increased weight of mining and more administrative decision-making power within the network. Besides cross-chain functionality, HyperExchange will have Turing Complete smart contract functionality. In a cross-chain application scenario, the underlying blockchain virtual machine, and the SDK and RPC support multiple development languages, providing required flexibility configuration and the ability to exchange multiple assets. Together, HC and HX will help HCASH build an interlinked, bifocal, dual-chain ecosystem that is highly secure, private and interconnected.

2. What’s the maximum supply of HX? How is HX distributed?

The total supply is 980,000,000 HX. The projected amount of HX for mining in the first year is 170,000,000 HX, the second year is 160,000,000 HX and so on. It’s projected to be mined out within 7 or 8 years.

3. Where is the HX website?

hx.cash

4. Where can I find information regarding how many cross-chain assets can be pledged on the HX mainnet?

You can see the amount of pledged cross-chain assets and transaction information through the HX explorer. (http://explorer.hx.cash)

5. How can I obtain HX tokens?

So far there are two methods to obtain HX: 1) mine HX through selected wallets; 2) buy HX on exchanges.

Mobile and desktop wallets that support mining HX:

a. Anybit (Mobile): http://hx.cash/

b. Hoo (Mobile): https://hoo.com/

c. HyperPay (Mobile): https://h.cash/

d. HX Indicator (Desktop): http://hx.cash/

Exchanges which support HX:

a. Be.top (https://www.be.top/)

b. ExCraft (https://www.excraft.com/)

c. QBTC (https://www.myqbtc.com/)

d. Coinw (https://www.coinw.me/)

6. Can I receive a bonus by holding HX?

Users who have more than 100,000 HX can obtain bonus HX tokens, whether their assets are being pledged or not. Bonus tokens will be distributed in 100,000 block height intervals.

Note: AnyBit doesn’t have this service for now but will implement it later.

7. I transferred tokens to AnyBit and the transaction is confirmed, but my balance remains the same. Why?

Please wait for 8 blocks of on-chain confirmations for your transaction to be confirmed.

8. I transferred some of my tokens from AnyBit, but now the balance on my AnyBit wallet shows 0. Why?

This is because the UTXO is being occupied. When you transfer a portion of your assets on the Anybit platform, it temporarily shows a balance of 0. Your funds are safe though. To avoid confusion, AnyBit is now in the process of optimising their code to demonstrate transaction status.

9. When can the Order Centre on the HX Indicator have features similar to large exchanges? (i.e. with K lines and trading depth)

The development team is working on this now. When it’s developed, this functionality will be implemented on the HX Web wallet as well.

10. Sometimes the block height on the HX Indicator stops increasing, and when I turn off the HX Indicator it doesn’t respond. So, I have to force exit the program, but after that the nodes stop working. What should I do?

This happens because the background process gets stuck. Upon force exiting the HX Indicator program, it is suggested to reboot your computer and try to open the Indicator again. Should the program still be unresponsive, proceed to the program data path: <C:\\Users/Administrator/AppData/Roaming/HXIndicator/chaindata>, and delete the folder named ‘blockchain’. After the deletion, please try re-opening HXindicator. The program should start to re-sync to the network. This usually takes between 30 minutes to 2 hours.

11. What current coins can be pledged on the HX mainnet?

So far users can pledge HC, BTC, ETH, LTC, PAX and ELF

12. Which Citizen should I choose to pledge cross-chain assets with?

Generally speaking, it depends on the users’ experience. The higher the pledge weight, the more stable the block production will be, and the lower the unit income (reward per block) will be. On the contrary, the lower the pledge weight, the slower the block production will be, and the higher the unit income will be. Users need to reach the balance point and seek the maximum mining reward.

13. Where can I find the HX whitepaper?

HyperExchange Documentation (http://docs.hx.cash/) is functioning as the HX whitepaper.

14. I transferred PAX to exchanges but it wasn’t successful, why?

Many exchanges are not able to support multi-signature transactions. Users need to transfer their cross-chain PAX to a PAX chain and then transfer that PAX to other exchanges.

It is recommended that users transfer their cross-chain assets to AnyBit and then to other exchanges.

15. When I pledge cross-chain assets on the HX mainnet, is there a lock-in period? If so, can I withdraw my pledged coins to their original chain at any time?

There is no lock-in period and all cross-chain assets can be transferred to their original chains at any time. However, transaction requests may not be processed during evenings and on weekends until Senators are elected.

16. Why is the HX mainnet trying to integrate more cross-chain assets?

Because we are trying to include as many people in the network as we can.

To stay up to date with information regarding HCASH, or to join our community, check out the following channels:

Twitter, Facebook, Reddit, English Telegram, Chinese Telegram, Korean Telegram, Korean Announcements, KakaoTalk, Naver Blog

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