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about [2019/12/09 13:41] – boot2thrill | about [2019/12/14 11:27] – 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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| Conceal uses ring signatures and one-time addresses for truly anonymous payments | Conceal' | | Conceal uses ring signatures and one-time addresses for truly anonymous payments | Conceal' | ||
| **Protected Proof Of Work** | **Adaptive Limits** | | | **Protected Proof Of Work** | **Adaptive Limits** | | ||
- | | PoW hash function is designed for egalitarian CPU & GPU mining and ASIC Resistance. | Conceal intelligently adjusts its parameters based on the historical data. | | + | | PoW hash function is designed for egalitarian CPU & GPU mining and ASIC resistance. | Conceal intelligently adjusts its parameters based on the historical data. | |
| **Fungible** | **Scalable** | | | **Fungible** | **Scalable** | | ||
| Conceal is truly fungible, thanks to built-in privacy features. Just like cash, all coins are equal, changeable. It is extremely unlikely that a coin will ever be blacklisted by any party due to its association in previous transactions. | Future scalability initiatives will include a modular sidechain. | | | Conceal is truly fungible, thanks to built-in privacy features. Just like cash, all coins are equal, changeable. It is extremely unlikely that a coin will ever be blacklisted by any party due to its association in previous transactions. | Future scalability initiatives will include a modular sidechain. | | ||
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==== Legal Disclaimer ==== | ==== Legal Disclaimer ==== | ||
- | Conceal is an open source EXPERIMENTAL project, which means that there is no company behind it. This project is supported by the community, meaning there is no stable, full-time team and no physical headquarters from which the project runs its operations. The advantage here is that anyone can propose changes or improvements to the block-chain, and, if the suggestion is voted by a majority of people, the changes are then implemented. | + | Conceal is an open source EXPERIMENTAL project, which means that there is no company behind it. This project is supported by the community, meaning there is no stable, full-time team and no physical headquarters from which the project runs its operations. The advantage here is that anyone can propose changes or improvements to the blockchain, and, if the suggestion is voted by a majority of the community, the changes are then implemented. |
- | This project is intended to be a community project not a commercial product and it relies on the good will of the volunteers involved. | + | This project is a community project, not a commercial product, and it relies on the good will of the volunteers involved. |
Conceal is distributed in the hope that it will be useful to people, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANT ABILITY or FITNESS FOR A PARTICULAR PURPOSE. | Conceal is distributed in the hope that it will be useful to people, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANT ABILITY or FITNESS FOR A PARTICULAR PURPOSE. |