Epic Cash

Halal Rating :
Comfortable
Last Price $0.20 Last updated:
Rank 1506
1D Change -55.54 %
Market Cap $3.5m
Circulating supply 17,279,628
Maximum supply 21,000,000

Crypto Overview

Categories
  • Mineable
  • Privacy
  • BNB Chain

Overview and Intended Utility

Epic Cash is a cryptocurrency launched in 2019 that aims to fulfill Satoshi Nakamoto's original vision of electronic cash. It implements MimbleWimble protocol for privacy and scalability, using a unique triple-mining algorithm combining RandomX (CPU), ProgPow (GPU), and CuckAToo31+ (ASIC).

The project's stated purpose is to serve as a decentralized, private, and fungible medium of exchange. Epic Cash emphasizes EPIC monetary properties: Elastic issuance, Private transactions, Immutable rules, and Censorship resistance.

Actual Utility Assessment

The cryptocurrency demonstrates legitimate utility through its privacy-focused technology and active mining community. The project maintains consistent development activity, with regular updates and improvements to its core protocol.

Real-world adoption remains limited compared to major privacy coins, but the community shows steady organic growth. The project focuses more on technological development than marketing hype.

Token Distribution Analysis

Epic Cash has a fair launch model with no ICO, no premine, and no founder allocation. All tokens are created through mining, which aligns with Islamic principles of fair value creation and exchange. The maximum supply is capped at 21 million EPIC, mirroring Bitcoin's supply model.

Revenue Model and Technology

The project generates no direct revenue, relying instead on community-driven development and mining rewards. The consensus mechanism is Proof of Work, which is considered halal as it involves actual computational work and energy expenditure in exchange for rewards.

Crypto Impact

To assign a comfort level investing in Epic Cash from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Epic Cash.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating