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Author Topic: [ANN] Incognito - Privacy for Bitcoin  (Read 823 times)
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incognitochain
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September 12, 2019, 06:44:26 AM
Last edit: December 23, 2020, 08:51:55 AM by incognitochain
Merited by khiholangkang (1)
 #1



Problem

Everything is being tokenized, and yet no easy way exists to send, receive and store cryptoassets privately. Current blockchains display all transactions publicly, so anyone can see your balances or track your activity.


Solution
Incognito embraces a full-stack approach to decentralized privacy, reimagining technology at every layer.


                                   
Zero-Knowledge Proofs built from scratch, optimized for mobile


Bulletproofs and RingCT for confidential transactions

State-sharding Proof-of-Stake consensus using pBFT and BLS


Low-cost, energy-efficient, plug-andplay mining device for every home

Activate incognito mode for any blockchain

Incognito is a privacy sidechain, that can be attached to any blockchain to conduct confidential asset transfer. The Incognito sidechain runs parallel to main blockchains, allowing for secure two-way transfers of crypto assets whenever privacy is needed.


_______________________________________________________________________________ _________________________________________________________

Token Information

There are 3 types of tokens, which will be used in the sidechain:

                 - Privacy. Privacy (PRV) is Incognito’s native token — a work token. Users stake 15 Privacy to become miners. Miners earn block rewards in Privacy and transaction fees in various cryptoassets (i.e. BTC, ETH, etc). This model avoids speculators and only attracts people interested in growing the network. If the demand for private transactions grows, miners will earn more revenue, which naturally triggers an increase in the price of Privacy.

100% mined over 40 years.
• Work. Stake to become a miner and earn block rewards and transaction fees.
• Pay. Pay for transaction fees.
• Govern. Vote for on-chain governance.
Total supply: 100,000,000 PRV
- Private tokens. Anyone can convert tokens on other blockchains (i.e. BTC, ETH, DAI) to private tokens on Incognito (i.e. pBTC, pETH, pDAI). Private tokens maintain a 1:1 peg and are completely confidential. Because of this, anyone can store, send and receive any cryptoassets with total privacy. Private tokens can be used to pay for transaction fees.

- Custom tokens. Anyone can issue their own privacy-preserving token on Incognito.

Fees Users can pay transaction fees in their cryptocurrency of choice (PRV, pBTC, pETH, pDAI, etc).

_______________________________________________________________________________ _________________________________________________________


Learn more about the project!

Project information:
Website
                 CONTRIBUTE
1M lines of code on Github
Become a Node operator
                 EARN
Incognito Android Wallet
Incognito iOS Wallet  
Incognito Faucet  

Social networks:

Twitter    •   Medium   •    Github   •    Discord   •    Facebook   •    Reddit   •    Instagram   •    Youtube

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incognitochain
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September 12, 2019, 06:46:40 AM
Last edit: March 09, 2020, 05:47:42 AM by incognitochain
 #2

Hey folks!

We start a privacy movement! Find more about Incotnigo Rebels program here


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September 21, 2019, 02:02:29 PM
 #3

What's the reason for getting here?

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September 21, 2019, 02:52:32 PM
 #4

What's the reason for getting here?

Hey 


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September 29, 2019, 09:06:27 AM
 #5

What's the reason for getting here?

There are a lot of reasons, at least these:
1. So far we've done 1M+ lines of code
2. Invented Home a validation Node device https://www.youtube.com/watch?v=LZjI4RsVwF8
3. Succesfully built bridges for BTC, ETH & BNB blockchains
and many more features.

If you have any detail questions about the device, feel free to ask them Wink
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September 29, 2019, 09:15:49 AM
 #6

Hello everyone!

There is cool news Shocked

We are prepearing for the kickstarter:

https://www.kickstarter.com/projects/duy/270444066?ref=2x2l02&token=7a77df55


 
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October 02, 2019, 03:44:43 PM
Last edit: October 25, 2019, 11:14:34 AM by incognitochain
 #7

Attention! Celebrate the launch of Node and win a free device

Node will retail at $400, but here’s how to get one for free:

Tell us why you’re excited about Node in the YouTube or Twitter comments section of our newest video
Join the Incognito telegram group and say hey!

Join the node community! 100+ virtual nodes are already running and earning rewards. 120 more are in line to join the network.

We’ll select our favorite comments on October 31th and announce the winners.
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October 07, 2019, 07:08:45 AM
 #8

Hello, everyone! Want to remind your our advantages!


1. Incognito build a sidechain which makes possible private transactions for public blockchains protocols & tokens
2. Private, PoS protocol
3. One-click deploy of new private tokens (imagine private erc-20)
4. Physical one-click Node for anyone to become a PoS validator including my Grandma Smiley https://we.tl/t-A7GGD6lGxW
5. 1M lines of code on GitHub already https://github.com/incognitochain
6. Mainnet will be launched in Late October
7. Head office is in HCMC, Vietnam with 29 team members so far (24 of 29 are developers & cryptographer)
8. Our thread on https://ethresear.ch/t/incognito-mode-for-ethereum/6232/2

Become a part of community and earn with Incognito!
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October 09, 2019, 03:48:26 AM
 #9

Hello Everyone!

Today we officially start the sale of Node Devices!

Launch Price is below manufacturing! Don't miss the chance!

https://incognito.org/
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October 09, 2019, 04:47:29 AM
 #10

What's the reason for getting here?

There are a lot of reasons, at least these:
1. So far we've done 1M+ lines of code
2. Invented Home a validation Node device https://www.youtube.com/watch?v=LZjI4RsVwF8
3. Succesfully built bridges for BTC, ETH & BNB blockchains
and many more features.

If you have any detail questions about the device, feel free to ask them Wink



So should I buy a node to start making money? How much I can make with the node ?

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October 09, 2019, 06:54:31 AM
 #11

What's the reason for getting here?

There are a lot of reasons, at least these:
1. So far we've done 1M+ lines of code
2. Invented Home a validation Node device https://www.youtube.com/watch?v=LZjI4RsVwF8
3. Succesfully built bridges for BTC, ETH & BNB blockchains
and many more features.

If you have any detail questions about the device, feel free to ask them Wink



So should I buy a node to start making money? How much I can make with the node ?

No, you can try our virtual node. We will give you our tokens for free to become a validator. Join chat:https://t.me/incognitochainru 
There is all information how to start making money and become validator. You can also chat with people who have already done it.
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October 11, 2019, 10:50:13 AM
 #12


Hello, everyone!
Check out our Youtube video to learn more about project and our mission!

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October 14, 2019, 11:08:06 AM
 #13

purchase - are we limited to only 1 node at early pricing? or can we order multiple?

staking - possible to run multiple nodes through a single phone w/ incog. app installed or will each node require a separate phone w/ incog. app installed?

You can purchase as much nodes as you want, you aren't limited.

Yes, you can run multiple nodes through a single phone.
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October 15, 2019, 07:06:43 AM
 #14

Great news! Media started to write articles about us, read and learn more about the project!;)

https://theblockcrypto.com/post/42385/incognito-is-building-a-sidechain-to-bring-privacy-to-cryptocurrencies

https://www.gigabitmagazine.com/fintech/node-mine-cryptocurrencies-using-less-power-toaster
https://www.theblockchaindomain.info/news/2019/10/01/9026472.htm
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October 17, 2019, 10:43:48 PM
 #15

How much will Incognito Node earn?

One of the most frequently asked questions over the past few weeks has been how much a node will earn per month. As much as we want to give you an exact number, this would be fairly hollow, as at this point figures are based on a number of variables.

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October 20, 2019, 09:52:53 AM
 #16

No, you can try our virtual node. We will give you our tokens for free to become a validator. Join chat:https://t.me/incognitochainru 
There is all information how to start making money and become validator. You can also chat with people who have already done it.
As far as I understand, only testnet is running now?
If I start now a virtual node and become a validator, all mined coins will be lost or they will be converted to mainnet?
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October 21, 2019, 02:12:17 AM
 #17

The concept of "anonymous" is very hot recently.
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October 21, 2019, 07:38:57 AM
Last edit: October 25, 2019, 11:15:03 AM by incognitochain
 #18

No, you can try our virtual node. We will give you our tokens for free to become a validator. Join chat:https://t.me/incognitochainru  
There is all information how to start making money and become validator. You can also chat with people who have already done it.
As far as I understand, only testnet is running now?
If I start now a virtual node and become a validator, all mined coins will be lost or they will be converted to mainnet?

Yes, it is testnet, but 31 october will be mainnet and all coins you get during the test period will be converted to the mainnet.
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October 21, 2019, 08:54:04 AM
 #19

Your service will be used also by criminals and people who want to launder money. They are using bitcoin mixer service, but the fees there are usually more then 1% so they might start using Incognito. Aren't you afraid that authorities will try to shut you down? Some of those mixing services don't exist anymore because of that reason.

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October 22, 2019, 11:16:39 PM
 #20

Your service will be used also by criminals and people who want to launder money. They are using bitcoin mixer service, but the fees there are usually more then 1% so they might start using Incognito. Aren't you afraid that authorities will try to shut you down? Some of those mixing services don't exist anymore because of that reason.


Thanks for your question. Practically all tools can be used for evil. At the moment everything that we do is legal, but we couldn't say about the future. Similarly, we can't say about the future of cryptocurrency also. However, we have legal advisers and will act in the rules of law.
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