PRivaCY Coin PRCY
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What is PRCY Coin?
PRCY is a privacy blockchain that is secure, scalable, and contains the ultimate privacy features. PRCY is a fully anonymous staking coin and payment system. PRCY contains superior privacy technology like Bulletproof, Haprocates Protocol, mandatory stealth addresses and transactions, RingCT & Ring Signatures in a staking chain. With PRCY it is possible to stake, run master nodes and mine PoA blocks.
- Earning passive income via:
- Staking
- Masternodes
- Proof of Audit (PoA mining)
What are the privacy features of PRCY Coin?
RingCT or “Ring Confidential Transaction” is a way of mixing a real transaction with a predetermined number of fake transactions. The Ring size determines the number of additional fake transactions that are added. This means that the actual transaction is hidden within a mixture of fake transactions and thus the true transaction and its amount are much harder to find out.
Bulletproofs are short non interactive zero knowledge proofs that require no trusted setup a bulletproof can be used to convince a verifier that an encrypted plaintext is well formed For example, prove that an encrypted number is in a given range, without revealing anything else about the number Compared to SNARKs, Bulletproofs require no trusted setup. However, verifying a Bulletproof is more time consuming than verifying a SNARK proof.
Mandatory Stealth addresses. PRCY uses a dual key system to provide stealth addresses to obfuscate addresses. A public address is derived from a private view spend key pair. A public address can contain optionally payment ID, which is usually used by exchanges.
How Many PRCY Coins Are There in Circulation?
PRCY launched its mainnet on 12 January, 2021 with 60 million PRCY coins created at genesis. The maximum total of coins will be 70 million. Approximately the yearly emission will be 788.400 PRCY coins until the 10 million coins have been reached. The allocation of the coins can be found on the website of PRCY prcycoin.com
Where Can I Buy PRCY?
PRCY is available for trading on a growing number of exchanges, with cryptocurrency (BTC) and stable coin (USDT) pairs currently available. - Hotbit - Coinsbit