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Hatch describes itself as an open-source peer-to-peer cryptocurrency with a focus on the payments industry. Hatch aims to offer a form of money that is anonymous, portable, inexpensive, and fast. Its goal is to become the most user-friendly and scalable payments system in the world. Hatch also includes a second-layer network of masternodes to facilitate instant transactions (InstantSend), private transactions (PrivateSend), and governance functions to create a self-governing and self-funding network capable of paying individuals and businesses for work that adds value to Hatch.