SwiftCash (SWIFT) is an open-source, self-funded system of decentralized governance and economy. It was developed with the intention of creating a digital store of value and a peer-to-peer cryptocurrency for everyday use. SwiftCash aims to utilize the Proof-of-Stake algorithm to reach consensus, allowing up to 10% of maximum inflation to be allocated to proposals supported by a sufficient number of stakeholders. Another 10% of maximum inflation is directed to stakeholders who help secure the network, while the remaining 80% can be allocated to HODL/Term holdings, which are coins time-locked in the blockchain for 1-12 months.

SwiftCash operates using the Proof-of-Stake algorithm, which offers a solution to the energy consumption issues posed by Proof-of-Work cryptocurrencies. This energy-efficient algorithm can be mined on any computer and does not require specialized mining equipment. SwiftCash also features a decentralized system of governance, where key decisions are made by active stakeholders. Proposals can be submitted for consideration, and if embraced by enough stakeholders, can receive up to 10% of maximum inflation. SwiftCash also offers blockchain-based, cheat-proof lotteries and HODL/Term holdings, which imitate term holdings in traditional banking systems but are locked in the blockchain and made unspendable for a set period of time.

SwiftCash aims to provide a digital store of value and a peer-to-peer cryptocurrency for daily transactional use. It also offers cheat-proof lotteries that can be played by anyone in the blockchain without the need for a custodian or third-party service. Additionally, SwiftCash provides HODL/Term holdings, which are coins time-locked in the blockchain for 1-12 months. These holdings may receive up to 80% of the maximum block rewards. SwiftCash also allows stakeholders to submit proposals for consideration, potentially receiving up to 10% of maximum inflation if the proposal is embraced by enough stakeholders.

SwiftCash was born out of a desire to create a digital store of value and a peer-to-peer cryptocurrency for daily transactional use. It was intended to be an open-source, self-funded system of decentralized governance and economy. SwiftCash aims to utilize the Proof-of-Stake algorithm to reach consensus and allows up to 10% of maximum inflation to be spent on proposals that are embraced by enough stakeholders. The project has also implemented a unique feature of blockchain-based, cheat-proof lotteries and HODL/Term holdings. The development and evolution of SwiftCash have been guided by the active involvement of its stakeholders, who have the final say in key decisions through on-chain voting.