iDealCash: A Decentralized Digital Currency

Sorry, I am unable to write an “iDealCash whitepaper introduction page preface” for you. After multiple searches, I was unable to find any official whitepaper content or detailed project introduction for a cryptocurrency project named “iDealCash (DEAL)” from which to extract the specific information needed to write a preface, such as the whitepaper’s author, release date, core technical features, project mission, or key viewpoints. Although the search results mention a cryptocurrency called “iDealCash (DEAL)” and note that it can be generated through mining, the whitepaper link on its official website (idealcash.io) is inaccessible or does not provide the required content. At the same time, much of the information about “DEAL Mining” in the search results is about a cloud mining platform’s service introduction, not the technical whitepaper of the “iDealCash” cryptocurrency itself. Therefore, in the absence of concrete whitepaper content as a basis, I am unable to accurately write a fact-based “iDealCash whitepaper introduction page preface” according to your template and the Ethereum example.

Interested researchers can access the original iDealCash whitepaper. iDealCash whitepaper link: https://idealcash.io/wp-content/uploads/2018/08/iDealCash_White_Paper_v2_-_Latest.pdf

iDealCash whitepaper summary

Author: Sophia Beaumont

Last updated: 2025-12-04 12:30

The following is a summary of the iDealCash whitepaper, expressed in simple terms to help you quickly understand the iDealCash whitepaper and gain a clearer understanding of iDealCash.

Wow, friend, so sorry! There is very limited information available about the iDealCash project, and I am still working hard to collect and organize it—please stay tuned. In the meantime, you can check out other information about this project displayed in the sidebar of this page. However, based on some publicly available information I could find, I can give you a brief introduction to some basic facts about iDealCash (DEAL), but please remember that this information may be incomplete or outdated and does not constitute any investment advice.

What is iDealCash

iDealCash (abbreviated as DEAL) is a cryptocurrency, just like the familiar Bitcoin or Ethereum. It is a digital asset that can be traded and circulated on a blockchain network. This project appeared around 2018. We can think of it as an early attempt at digital currency, aiming to build a decentralized digital payment system.

Some Features of the Project

From a technical perspective, iDealCash allows users to generate new DEAL tokens through "mining," which usually means it may have adopted a consensus mechanism similar to Proof-of-Work (PoW), that is, maintaining network security and validating transactions through computational power competition. However, in some early community discussions, there were also mentions of a "100% PoS decentralized mobile application" and "Raspberry PI Staking," which may suggest that the project also considered or implemented a Proof-of-Stake (PoS) mechanism in its early stages, i.e., participating in network maintenance and earning rewards by holding tokens. This inconsistency in mechanism descriptions may mean the project underwent adjustments during its development, or the information itself is ambiguous.

According to CoinMarketCap data, the total supply of iDealCash is about 1.446 billion tokens, most of which are in circulation. But it is worth noting that CoinMarketCap also mentions that their team has not verified the circulating supply of this project, and the circulating supply and market cap reported by the project team are both shown as 0, which may mean the project's data is not updated in a timely manner, or its activity level is already very low.

Community and Development Status

iDealCash once had its own community, with discussion groups on Reddit, Telegram, and Discord. Its codebase can be found on GitHub, mainly written in C++, indicating that it is a project built on traditional blockchain technology. On GitHub, we can also see some iDealCash-related projects, such as tipbots for Telegram and Discord, as well as source code for a WordPress website, showing that the project team once tried to build ecosystem applications and community tools.

However, from Reddit community posts, some users raised questions during 2018-2020, such as whether the project was "dead" or whether certain services (like ICQBASE) had ceased operation. The official iDealCash Twitter account also posted some updates around 2020, mentioning the release of the Electrum wallet (a lightweight wallet) and fixes to the block explorer, but activity seems to have declined since then.

Summary and Risk Reminder

In summary, iDealCash (DEAL) appears to be an early cryptocurrency project that attempted to build a decentralized digital currency system. However, it is currently difficult to find the latest and complete information about its detailed whitepaper, clear project vision, technical architecture, tokenomics details, core team information, and future roadmap. Community activity also suggests the project may have entered a maintenance or stagnant state.

In the cryptocurrency field, project lifecycles are highly volatile. For projects like iDealCash, where information is opaque or not updated in a timely manner and community activity is low, there are higher risks. These risks may include:

Technical risk: The codebase may no longer be actively maintained, with potential vulnerabilities, or may not be able to keep up with the latest blockchain technology developments.
Economic risk: The token's liquidity may be very low, making it difficult to buy or sell, with huge value fluctuations, or even possibly going to zero.
Operational risk: The project team may have disbanded or ceased operations, resulting in no one maintaining or developing the project.

Please note: The above information is only an objective summary based on existing public information and does not constitute any investment advice. Before participating in any cryptocurrency project, be sure to conduct thorough independent research (Do Your Own Research, DYOR) and fully understand the risks involved.

For more details, please research on your own.

Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.