Bitcoin Confidential is creating a new class of “privacy coin”
Using RingCT technology, all transactions on the blockchain will hide the amount, receiver, and sender to keep your information confidential while verifiable to be valid. Stealth addresses will prevent 3rd parties from observing transactions.
Delivered by airdrop
All SmartCash holders are able to prove ownership of private keys will be eligible. You will be able to claim your new Bitcoin Confidential coins on the new wallet with a secure, private, and easy process.
This will be the only airdrop to determine the initial supply and genesis block unspent transaction set. There will be no other airdrops.
Using a revolutionary proof of stake algorithm, you can be rewarded for participating in the network without expensive mining equipment. Simply set up cold staking with your coins and earn a part of the block rewards for verifying transactions.
Team members from SmartCash will assist with the initial launch period, leveraging their experience and connections to help Bitcoin Confidential succeed in adoption. A portion of the block rewards will provide self-funding and ongoing development, outreach, and support for dedicated Bitcoin Confidential teams.
Trustless. Untraceable. Self-funding.
No trusted setup required, so there is no risk of a backdoor
Mandatory private transactions ensure full fungibility for everyone.
Improved staking algorithm allowing anonymous and secure cold wallet participation
Maximum compatibility with integrations by using the latest Bitcoin codebase
Self funding block rewards to ensure ongoing marketing and development
Early announcement, fair launch, no premine, and accessible to everyone
Frequently Asked Questions
Where can I learn how to protect my privacy?A great starting point to learn about privacy is https://spreadprivacy.com/.
Is there a whitepaper?There is a pre-whitepaper for Bitcoin Confidential available that outlines some of the initial ideas, features and need for an improved privacy coin solution.
What are some social media links for Bitcoin Confidential?