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141  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC defeats the purpose of Crypto. Thoughts anyone? on: April 18, 2019, 02:20:44 AM
The purpose of cryptocurrency is not to offer a totally anonymous financial system. It might work for this, but it's something much bigger. It is to offer a reliable system that is decentralized.

And KYC is a system for companies. Bitcoin does not require KYC, and you can mine it or use a p2p if you want greater privacy.

True. The whole point of Bitcoin is to have a p2p transfer of currency without the need to know the guy on the other end.
142  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Stegos - Completely Private, Confidential, and Scalable Cryptocurrency on: April 17, 2019, 08:40:44 AM
Hi, what is the affiliation between Stegos and Emotiq? Two projects have the same team and whenever I click on Emotiq, it directly transfers to Stegos website.

Stegos is the new name of Emotiq. It better reflects our new marketing focus on being the fastest and most scalable privacy coin. The team has stayed the same, including our genius cryptographer, VP of Engineering, etc. We have moved way ahead since Emotiq technology-wise and it’s not just the privacy angle. We've made lots of improvements and the technology is even better.
143  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Stegos - Completely Private, Confidential, and Scalable Cryptocurrency on: April 17, 2019, 08:30:12 AM


  when do you plan to officially launch the network? if I'm not mistaken, this is not the first announcement I've seen of this coin...

Hi there! Our mainnet launch date is May 31, 2019.
144  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Stegos - Completely Private, Confidential, and Scalable Cryptocurrency on: April 17, 2019, 01:36:26 AM
Testnet #4 Has Been Released With Great Improvements!

This is the third testnet release of the Stegos blockchain. Changes since Testnet 3.




Here are the highlights of the release:

• Fixed bugs and improved stability of a new validator group formation and leader election algorithm.

• Experimentally achieved 3s per block sealing time on our test network in absence of attacks.

• Fixed random packet loss in the network layer.

• Created initial version of public Node API.

• Integrated Kademlia DHT for the peer discovery.

• Implemented encryption of all unicast messages.



You can always find the list of releases and other important information in our wiki at

145  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] Stegos - Completely Private, Confidential, and Scalable Cryptocurrency on: April 17, 2019, 01:24:22 AM
STEGOS

Completely Private, Confidential, and Scalable Cryptocurrency


Website |  Yellowpaper | Whitepaper |  Github | Email

Stegos is a platform for building privacy applications that uses the UTXO (Bitcoin) model and Proof-of-Stake (PoS) consensus.



Stegos Official Channels




Introduction to Stegos

Explainer video:


The Stegos Privacy Platform (Stegos) combines a unique blockchain and token design
to implement the first completely private cryptocurrency that’s secure, efficient, and environmentally friendly.
Stegos is fully scalable and prunable, ensuring the chain is always kept small without compromising trust.
This makes Stegos the world’s first public blockchain to offer secure and confidential data storage and transmission,
in addition to payment transactions. It also ensures that Stegos is compact enough to run on smartphones,
meaning anyone can run the Stegos blockchain from their pocket and earn tokens by staking.

Other privacy tokens — such as Monero, Dash, ZCash, and Grin — can only be used for payments,
and all display weaknesses in terms of scalability, privacy, security, or usability.
Stegos builds and improves upon these and other privacy coins and can be used
to send both payments and data with complete confidentiality.
The Stegos Privacy Platform can also be used to build applications
that communicate anonymously, privately, and efficiently.





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