How is this different from Monero or Zcash? They're already established privacy coins with tons of users. What makes SBB the better option?
This whole post talks about privacy and security, but it's all vague. Tell us the specifics! What "advanced cryptographic techniques" are you using? How's your "anonymous wallet generation" work?
Monero or Zcash is implemented on their own blockchain, i just want take advantage with bitcoin network.
Zero-Knowledge Proofs for leverage zero-knowledge proofs to enable transaction validation without revealing sensitive information, enhancing privacy and confidentiality.
Use method ring signatures employed to obfuscate the origin of transactions, making it difficult for third parties to trace the flow of funds.
Anonymous Wallet Generation.
Wallet generation process is designed to provide users with complete privacy and anonymity when managing their Bitcoin assets.
Randomized Script Generation
generate a random script using secure cryptographic techniques, ensuring unpredictability and randomness.
Locking and Unlocking Scripts
The generated script is used to create locking and unlocking scripts, which form the basis of secure Bitcoin transactions. These scripts contain specific opcode sequences and cryptographic elements to ensure the integrity and security of transactions.
P2SH Address Generation
The locking script undergoes hashing and transformation to generate a Pay-to-Script-Hash (P2SH) Bitcoin address. This address enhances privacy by obfuscating transaction details and providing a layer of anonymity for users.
Seamless Transaction Management
Users can securely manage their Bitcoin funds using the generated P2SH address, with the assurance of privacy and security throughout the transaction process.
this is most like stealth address, but i provide the simple way since stealth address method
Generate a private key for the sender -> Derive the corresponding public key for the sender -> Generate a private key for the recipient -> Derive the corresponding public key for the recipient -> Generate a random secret for the stealth address -> Hash the shared secret to create the stealth address.
and SBB is exploring solutions that allow users to generate temporary addresses for single-use transactions, reducing the risk of address reuse and enhancing anonymity.