Post
Topic
Board Altcoin Discussion
Re: Chimera - A Privacy Ecr20 Token
by
Febo
on 09/04/2020, 14:09:40 UTC
Hi, just found out about Cimera. It is an Erc20 token that is attempting to make every transaction untraceable on the Ethereum network. This is a new concept, i think if this works it will be huge. On etherscan you cant track the holders, and the team claims they will make every transaction also private. Check it for yourselves.

Whitepaper - XianLabs.github.io

Etherscan - https://etherscan.io/address/0x6719c6d781ca9a87eef9ca6959431a7da5f5301a

I dont really understant blockchain tech, would be nice if someone could verify if this is legit.

I see all 28 transactions. Their ledger is transparent and not opaque. Not sure why you even bother with a token with 28 transactions.




I would like to start by saying that nobody really cares about extra layers of security and privacy you are providing because for 99% of the population even bitcoin is enough privacy.

you dont need to care about privacy unless you use coins. If you buy to sell more expensive latter then privacy is last thing you worry about. v