Spectre (SPX) is a proof-of-work privacy blockchain built as a Monero-based fork, extending UTXO privacy with a native protocol-level permission system for DeFi-style operations.
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🔧 What Spectre is
Spectre removes smart contracts entirely and replaces them with deterministic protocol rules.
Instead of arbitrary execution:
* All DeFi actions are enforced at consensus level
* Applications never take custody of user funds
* Permissions are handled through scoped app-keys
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🔐 Core Features
* Monero-based privacy (RingCT, stealth addresses, ring signatures)
* RandomX proof-of-work (CPU mining)
* UTXO + DeFi overlay architecture
* Protocol-level escrow system
* Permission-based app-key system
* No smart contracts
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🧩 App-Key System
Users generate application-specific keys that define:
* Allowed transaction types
* Spending limits
* Revocation control
Apps cannot access main wallet keys and cannot exceed defined permissions.
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💰 DeFi Model
DeFi functionality is implemented directly in the protocol:
* Escrow locking
* Timeout-based settlement
* Category-restricted execution rules
All logic is enforced by consensus, not external contracts.
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⚙️ Current Status
* Core chain: in development
* RandomX mining: functional
* Wallet system: in progress
* Testnet: coming soon
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🎯 Goal
Spectre aims to combine:
Privacy (Monero-style) + controlled DeFi execution without exposing user funds to applications or smart contracts.
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👷 Looking for
* Testnet miners
* Node operators
* Security testers
* Protocol feedback
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🌐 Links
Discord:
https://discord.gg/78Ub9t4vW
