KoreCoin about to show the world what KORE is all about!
All calls in the Kore Network will be anonymous and never tracked.This is amazing!!!
PoBanon I've think very much for find a good solution for give a REAL anonymous to the users, and all ideas that I've find around the forum it's only words.
The truth is that you never can hide the transactions because your coins can exists only in two situation... first if you have mined it, two if you have receive it from another user that have received too or have mined it.
If you going to delete/hide the transactions, coins simple don't exist anymore in chain. Of course you can encrypt it and give to the wallet the keys for uncrypt and read it. But if the wallet can uncrypt and read the encrypt TXs, all can do the same, and your anonymous feature going to be unuseless.
It's PoB based. PoB means Proof of Burn, is working when people send coins to a special address, this coins going to be destroy, and user take back a block with the same amount plus a interest. Usually PoB working with the same address that have send.
Now my solution. User that want to hide the sources of his coins, simple send coins to special Kore address, select the address where want to receive the new coins, and wait a random number of blocks. After this he going to receive the same coins burned, like he have mined it. New address, generation, no history of this coins, totaly anonymous.
The old coins going to be stored in the special and unspendable address and subtracted from the total coins.
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