spectrecoin

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SpectreCoin (XSPEC) is an innovative privacy focused cryptocurrency, featuring an energy-efficient proof-of-stake algorithm that provides rapid transaction confirmations, ring signatures for privacy and anonymity, and a fully integrated Tor OBFS4 layer for IP obfuscation within the wallet.



SpectreCoin (XSPEC) is an innovative privacy focused cryptocurrency, featuring an energy-efficient proof-of-stake algorithm that provides rapid transaction confirmations, ring signatures for privacy and anonymity, and a fully integrated Tor OBFS4 layer for IP obfuscation within the wallet. Spectrecoin is actively developed, with an ambitious roadmap that prioritises privacy, security, and true decentralisation with features such as default stealth addresses and stealth staking, and low-power mobile wallet staking in our upcoming Android wallet. - Official FAQ


The goal of the Spectre project is to develop tools for private financial transactions and private communication. Unlike other projects, we're not only focusing on the "private transactions" part, that is sending money anonymously, but take a more holistic approach to protect the user's privacy. All communication is happening exclusively on the Tor network. Our goal is to establish a private payment ecosystem using mobile phones, similar to cash and inspired by Hawala and Localbitcoins. The mobile app will feature a chat, a wallet and a web of trust system to find good peers, all running over the Tor network to hide the user's locations. The name of the app will be "Spectre Cash". To lay a solid foundation for this great vision, we're also aiming at improving and innovating on the basic cryptocurrency technology and making Spectre a solid and private general-purpose currency[1].


All development is funded by the community.





COMMUNITY DETAILS

Spectrecoin

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Running on Proof of Stake, Spectrecoin (XSPEC) is the only privacy coin in the world with stealth staking. Spectrecoin is actively developed, with a roadmap that prioritizes privacy, security, and decentralization.

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