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about [2020/05/20 20:15] – [Conceal Emission] boot2thrill | about [2023/04/14 21:37] – krypt0x | ||
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==== What is Conceal? ==== | ==== What is Conceal? ==== | ||
- | Conceal.Network is a decentralized blockchain bank, with deposits paying interest, without | + | Conceal |
- | Conceal.Network | + | Conceal Network |
- | (₡CCX), the native coin of Conceal.Network, is based on the Cryptonote protocol and runs on a secure peer-to-peer network technology that operates with no central authority. You control the private keys to your funds. | + | (₡CCX), the native coin of Conceal Network, is based on the Cryptonote protocol and runs on a secure peer-to-peer network technology that operates with no central authority. You control the private keys to your funds. |
- | Conceal.Network is accessible to anyone in the world regardless of their geographic location or status. Our blockchain is resistant to any kind of analysis. All your ₡CCX transactions and messages are anonymous. | + | Conceal Network is accessible to anyone in the world regardless of their geographic location or status. Our blockchain is resistant to any kind of analysis. All your ₡CCX transactions and messages are anonymous. |
- | Conceal.Network avoids many Bitcoin concerns (e.g. technological, | + | Conceal Network avoids many Bitcoin concerns (e.g. technological, |
=== Privacy Oriented Cryptocurrency === | === Privacy Oriented Cryptocurrency === | ||
- | Conceal is an open source, privacy protected, peer-to-peer digital cash system. It's untraceable and completely decentralized, | + | Conceal is an open source, privacy protected, peer-to-peer digital cash system. It's untraceable and completely decentralized, |
==== Main Features ==== | ==== Main Features ==== | ||
| **Anonymous Banking** | **Encrypted Messages** | | | **Anonymous Banking** | **Encrypted Messages** | | ||
- | | Deposits form the backbone of the Conceal ecosystem, providing users with an egalitarian form of staking (via Hash-Timelocked-Contracts) that earns interests on locked deposits. Annual interest rates vary from 2.9% to 6% depending on how long you choose to lock your deposit and the amount locked. | A true decentralized, | + | | Deposits form the backbone of the Conceal ecosystem, providing users with an egalitarian form of staking (via Hash-Timelocked-Contracts) that earns interests on locked deposits. Annual interest rates vary from 2.9% to 6% depending on how long you choose to lock your deposit and the amount locked. | A true decentralized, |
| **Anonymous Payments** | | **Anonymous Payments** | ||
| 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** | **Dynamic Adaptive Limits** | | | **Protected Proof Of Work** | **Dynamic Adaptive Limits** | | ||
- | | Our own decentralized, | + | | Decentralized |
| **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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| Conceal | CCX | ₡ | | | Conceal | CCX | ₡ | | ||
| Block Time | Decimal Places | Transaction Fees | | | Block Time | Decimal Places | Transaction Fees | | ||
- | | 120s | 6 | 0.0001 ₡CCX | + | | 120s | 6 | 0.001 ₡CCX |
| Mining Algo | Difficulty | Privacy | | | Mining Algo | Difficulty | Privacy | | ||
- | | Cryptonight | + | | Cryptonight-GPU | DDA & Zawy's LWMA3 | Ring Signatures and One-Time Addresses | |
- | | Max Supply | Banking Deposits | Premine | + | | Max Supply | Banking Deposits | Treasury |
- | | 200M ₡CCX | __**Tier 1**__: Principal <10,000 (Base APR 2.90%/Max EAR 4.00%) __**Tier 2**__: Principal > | + | | 200M ₡CCX | __**Tier 1**__: Principal <10,000 (Base APR 2.90%/Max EAR 4.00%) __**Tier 2**__: Principal > |
| Messenger | Block rewards | Address Format | | | Messenger | Block rewards | Address Format | | ||
- | | Encrypted Messages and Self Destructive Messages | Starting on 5 ₡CCX and going up to 15 ₡CCX (+0.25 ₡CCX/ | + | | Encrypted Messages and Self Destructive Messages | Block rewards are 6 $CCX per block and will remain fixed until the maximum supply of 200M is reached. | Wallet addresses are a string of 98 characters starting with " |
==== Conceal Emission ==== | ==== Conceal Emission ==== | ||
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The chart below visually details the emission (depicted in red) of the number of coins (on the vertical access) and the time duration (in months) of both PoW mining (depicted in green) and Cold Staking/ | The chart below visually details the emission (depicted in red) of the number of coins (on the vertical access) and the time duration (in months) of both PoW mining (depicted in green) and Cold Staking/ | ||
- | {{ :new_emission_curve.png? | + | {{ :updated_emission_curve.png? |
- | The block reward | + | The block reward |
- | The compounding interest paid through Cold Staking/ | + | The compounding interest paid through Cold Staking/ |
This emission plan, combined with the maximum supply remaining unchanged at 200M, allows miners to be rewarded for over 100 years and deposits extended for 30 years. | This emission plan, combined with the maximum supply remaining unchanged at 200M, allows miners to be rewarded for over 100 years and deposits extended for 30 years. | ||
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==== Block Rewards ==== | ==== Block Rewards ==== | ||
- | Conceal has a very unique | + | The block reward |
==== Fees ==== | ==== Fees ==== | ||
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| Send | Receive | | | Send | Receive | | ||
- | | 0.000100 CCX | 0 CCX | | + | | 0.00100 CCX | 0 CCX | |
**Messages** | **Messages** | ||
| Send Permanent Message | Self Destructive Message | Receiving Encrypted Messages | | | Send Permanent Message | Self Destructive Message | Receiving Encrypted Messages | | ||
- | | 0.001000 CCX + (0.000010 per char) | 0.000100 | + | | 0.001000 CCX | 0.001000 |
**Banking** | **Banking** | ||
| Deposits | Withdrawals | | | Deposits | Withdrawals | | ||
- | | 0.001000 CCX | 0.000100 | + | | 0.001000 CCX | 0.001000 |
- | Additionally, | + | ==== Cold Staking Rewards ==== |
- | Cold Staking | + | Cold Staking is created by an issuance of a Time Locked Contract (TLC). |
This contract is a type of transaction that includes an amount to be deposited of ₡CCX, a destination key, and a length of time (expressed in weeks and blocks) to lock. Once the transaction is completed, it contains the field unlock time and output-specific parameters and is included in the blockchain, as usual. When the TLC expires the total transaction amount will be earned (the original amount deposited of ₡CCX along with generated interest). Everything happens privately over the Cryptonote Protocol. | This contract is a type of transaction that includes an amount to be deposited of ₡CCX, a destination key, and a length of time (expressed in weeks and blocks) to lock. Once the transaction is completed, it contains the field unlock time and output-specific parameters and is included in the blockchain, as usual. When the TLC expires the total transaction amount will be earned (the original amount deposited of ₡CCX along with generated interest). Everything happens privately over the Cryptonote Protocol. | ||
- | So in layman terms, when you deposit your ₡CCX coins, a TLC contract is created and stored on the blockchain and your ₡CCX coins are locked for the duration you selected. When that block is reached the coins are unlocked and the block creates additional ₡CCX (as much as your deposit generated) in addition to the mining block reward. As an example, lets say the current block reward is 15 ₡CCX and your deposit generated 200 ₡CCX in interest. The block where your deposit matures will generate | + | So in layman terms, when you deposit your ₡CCX coins, a TLC contract is created and stored on the blockchain and your ₡CCX coins are locked for the duration you selected. When that block is reached the coins are unlocked and the block creates additional ₡CCX (as much as your deposit generated) in addition to the mining block reward. As an example, lets say the current block reward is 6 ₡CCX and your deposit generated 200 ₡CCX in interest. The block where your deposit matures will generate |
- | ==== Premine | + | [[https:// |
+ | ==== Wrapped Conceal ($wCCX) | ||
- | Our community premine is 6% of the maximum supply. The community funds are locked over a 5 year period. Every quarter | + | On the Ethereum ecosystem, Wrapped Conceal |
- | The premine belongs | + | The majority of Ethereum DeFi project tokens are created through a smart contract and only provide an incentive for Ethereum miners |
- | People can also get a ₡CCX grant by applying to ₡CCX Labs. This ₡CCX grant helps run their own projects in the Conceal.Network environment. Labs funded projects are on-going and voted on by the community and are funded by ₡CCX premine. | + | [[https:// |
+ | ==== Treasury ==== | ||
- | You can also audit how the premine | + | Our community treasury is 8% of the maximum supply. Every quarter (3 months), a settlement of 400K ₡CCX |
- | Premine batch unlock dates: | + | Deposits must be unlocked manually, because they use private keys (just like any normal Cryptonote transaction) and can't be automatized. Each time funds are unlocked to the project main wallet there is a corresponding image to a hash key. Any deposit amounts moved from the locked reserve to the project wallet are therefore verifiable by hash keys. |
- | {{ :reserve_fund_update.png? | + | In addition, the unlock transaction list is then made public and available using our explorer (available here: https:// |
+ | |||
+ | Conceal Network uses the real Cryptonote, the original. All supplies are verifiable in the chain using the available block-chain tools. Any address can prove its balance with private BP keys. Any transaction can have a payment proof using private secret keys. | ||
+ | |||
+ | You don't need to trust the team. Trust the open source code which can be verified and is published here: https:// | ||
+ | |||
+ | The treasury belongs to the community, as this is a community project. The team only serves as stewards of the treasury as they manage the project. | ||
+ | |||
+ | Through collaboration, | ||
+ | |||
+ | People can also get a ₡CCX grant by applying to ₡CCX Labs. This ₡CCX grant helps run their own projects in the Conceal Network environment. Labs funded projects are on-going and voted on by the community and are funded by ₡CCX treasury. | ||
+ | |||
+ | Our focus is to be as transparent as possible. | ||
+ | |||
+ | treasury batch unlock dates: | ||
+ | |||
+ | {{ :unlock.png? | ||
=== Metrics === | === Metrics === | ||
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Block Explorer: https:// | Block Explorer: https:// | ||
- | Github: http://github.conceal.network | + | Help Desk (Support): https:// |
+ | |||
+ | Github: | ||
Discord: http:// | Discord: http:// | ||
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Twitter: https:// | Twitter: https:// | ||
- | |||
- | Facebook: https:// | ||
Medium: https:// | Medium: https:// | ||
Reddit: https:// | Reddit: https:// | ||
+ | |||
+ | CMC Community: https:// | ||
+ | |||
+ | Facebook: https:// | ||
Bitcointalk: | Bitcointalk: | ||
+ | |||
+ | Crypto.Com Price: https:// | ||
CoinMarketCap: | CoinMarketCap: | ||
+ | |||
+ | CoinPaprika: | ||
Coingecko: https:// | Coingecko: https:// | ||
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Conceal.Network User Group (english) | Conceal.Network User Group (english) | ||
https:// | https:// | ||
- | |||
- | Conceal.Network Türkiye | ||
- | https:// | ||
- | |||
- | Conceal.Network 日本語 | ||
- | https:// | ||
- | |||
- | Conceal.Network 汉语 | ||
- | https:// | ||
- | |||
- | Conceal.Network Español | ||
- | https:// | ||
- | |||
- | Conceal.Network Россия | ||
- | https:// | ||
- | |||
- | Conceal.Network Dutch | ||
- | https:// | ||
- | |||
- | Conceal.Network Français | ||
- | https:// | ||
==== Exchanges ==== | ==== Exchanges ==== | ||
- | + | | Exchange Name | Pair(s) | CMC Link | KYC Required | Decentralized | Fiat On-ramp | Rating | |
- | **Hotbit**: https:// | + | | | | | | | | | | |
- | + | | TRADEOGRE | [[https://tradeogre.com/exchange/BTC-CCX|CCX/BTC]] | [[https://coinmarketcap.com/exchanges/tradeogre/|Go now!]] | No | No | No | 5| | |
- | **TradeOgre**: | + | | | | | | | | | | |
- | + | | TRADEOGRE | [[https://tradeogre.com/exchange/USDT-CCX|CCX/ | |
- | **Stex**: | + | | | | | | | | | | |
- | + | ||
- | **Citex**: https://www.citex.io/#/ | + | |
- | + | ||
- | **Graviex**: | + | |
- | + | ||
- | **FinexBox**: | + | |
- | + | ||
- | **Sistemkoin**: | + | |
- | + | ||
- | **Altilly**: | + | |
- | + | ||
- | **ProBitEx**: | + | |
- | + | ||
- | **Azex**: https://www.azex.io/ (Pair: $BTC) | + | |
==== Media Articles ==== | ==== Media Articles ==== | ||
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==== Team Members ==== | ==== Team Members ==== | ||
+ | Heads of Divisions | ||
+ | * HEAD OF COMMUNITY: LolitaLollipop | ||
+ | * HEAD OF DEVELOPMENT: | ||
+ | * HEAD OF MARKETING: Mr. Kwibs | ||
+ | * HEAD OF OPERATIONS: krypt0x (aka 0x) | ||
+ | Developers | ||
+ | * DEVELOPER: ZeMaNel | ||
+ | * DEVELOPER: bomb-on | ||
+ | * DEVELOPER: ThrownLemon | ||
+ | * DEVELOPER: AxVultis | ||
+ | * DEVELOPER: Cartoon Face | ||
+ | Community & Marketing | ||
+ | * COMMUNITY MANAGER: Mannan | ||
+ | * MARKETING STRATEGIST: CrypTrader | ||
- | * FOUNDER & OPS MANAGEMENT: krypt0x (aka 0x) | ||
- | * LEAD DEVELOPER: katz | ||
- | * CLOUD ENGINEER: ZeMaNel | ||
- | * MACROECONOMICS DESIGN: MaDMAx | ||
- | * PR & MARKETING MANAGEMENT: okanist (aka Okan) | ||
- | * JAPANESE AMBASSADOR: スピンドル玲奈《漢》 | ||
- | * DEVELOPER: bomb-on | ||
- | * DEVELOPER: Taegus | ||
- | * DEVELOPER: Alex Stanford (HashOfZorro) | ||
- | * PR & MARKETING: boot2thrill (aka boots) | ||
[[Media|Media Content]] | [[Media|Media Content]] |