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about [2019/12/03 11:42] – [Team Members] zorro | about [2019/12/09 10:47] – boot2thrill | ||
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==== What is Conceal? ==== | ==== What is Conceal? ==== | ||
- | Conceal.Network is a decentralized blockchain bank, with deposits and investments paying interest | + | Conceal.Network is a decentralized blockchain bank, with deposits and investments paying interest, without |
- | Conceal.Network enables untraceable and anonymous messaging, and a secure way to transfer funds. Using a distributed public ledger, the sender and receiver are kept anonymous, a key concern in a post Snowden world. Hackers cannot trace money or messages when the messages | + | Conceal.Network enables untraceable and anonymous messaging, and a secure way to transfer funds. Using a distributed public ledger, the sender and receiver are kept anonymous, a key concern in a post Snowden world. Hackers cannot trace funds or messages when they are sent across public networks. |
- | Conceal Cryptocurrency | + | (₡CCX), the native coin of Conceal.Network, |
- | Conceal is accessible | + | Conceal.Network |
- | Conceal avoids many concerns, e.g. technological, | + | Conceal.Network |
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- | Conceal | + | |
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- | No one owns Conceal, everyone can take part. | + | |
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- | This is the main source | + | |
=== Privacy Oriented Cryptocurrency === | === Privacy Oriented Cryptocurrency === | ||
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| Encrypted Messages and Self Destructive Messages | Starting on 5 CCX and going up to 20 CCX (+0.25 CCX/month). Currently 8 CCX. | String of 98 characters starting with " | | Encrypted Messages and Self Destructive Messages | Starting on 5 CCX and going up to 20 CCX (+0.25 CCX/month). Currently 8 CCX. | String of 98 characters starting with " | ||
- | ==== Emission and coin dynamics | + | ==== Emission and Coin Dynamics |
Coin emission comes from two sources. | Coin emission comes from two sources. | ||
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{{ : | {{ : | ||
- | ==== Block rewards | + | ==== Block Rewards |
Conceal has a very unique block reward scheme that increases to a max block reward instead of decreasing as in most other coins. This is because we do not want to penalize the late comers and reward only early investors. The emission is slow so this does not increase inflation by much. | Conceal has a very unique block reward scheme that increases to a max block reward instead of decreasing as in most other coins. This is because we do not want to penalize the late comers and reward only early investors. The emission is slow so this does not increase inflation by much. |