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Author Topic: Ethereum Private  (Read 170 times)
Ethereumprivate (OP)
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February 24, 2018, 01:58:04 AM
Last edit: February 25, 2018, 08:42:58 PM by Ethereumprivate
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ETHEREUM PRIVATE

Use ethereum private for your day to day spending while holding ethereum as a store of value. We at ETHP are bringing you complete financial anonymity.

The top two cryptocurrencies Bitcoin and ethereum expose your entire payment history to the public. ETHP seeks to resolve this issue with eth by providing an open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography and Tor. We went a step further to what bizantium did and added tor to ensure complete anonimosity.

Covert your ETHP directly into fiat currency and spend anywhere without revealing your eth address. ETHP handles all transactions between your eth wallet and fiat/the merchant. Availability/accessbility to spend ethworldwide. Working to be in 50 countries.
Protect your financial information. PrivateSend ensures your activity history and balances are private. Keep your ethereum address out of the public eye and spend it antonymously through ETHP when you want.

We have applied fungibility to our system.This is the property of a currency whereby two units can be substituted in place of one another.
Fungibility means that two units of a currency can be mutually substituted and the substituted currency is equal to another unit of the same size. For example, two $10 bills can be exchanged and they are functionally identical to any other $10 bill in circulation (although $10 bills have unique ID numbers and are therefore not completely fungible). Gold is probably a closer example of true fungibility, where any 1 oz. of gold of the same grade is worth the same as another 1 oz. of gold. ETHP is fungible due to the nature of the currency which provides no way to link transactions together nor trace the history of any particular ETHP. 1 ETHP is functionally identical to any other 1 ETHP.

Fungibility is an advantage ETHP has over ethereum and almost every other cryptocurrency, due to the privacy inherent in the currency’s blockchain and the permanently traceable nature of the Bitcoin blockchain. With Bitcoin, any BTC can be tracked by anyone back to its creation coinbase transaction. Our currency has been built specifically to address the problem of traceability and non-fungibility inherent in other cryptocurrencies. By having completely private transactions ETHP is truly fungible and while at the same time providing all the benefits of a secure, decentralized, permanent blockchain.


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twitter: https://twitter.com/EthereumPrivate?lang=en
telegram: https://t.me/ethereumprivate
medium: https://medium.com/@cico18/ethereum-private-904d514ebe34
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