Hi, interesting aproach but I have few questions. For the start: how can I check a tx, if there is no public ledger? For example, how can an exchange prove they sent the money I withdrawn if the coins don't hit my wallet, and vice versa?
Anyways, I will look further into the project to learn more.
Good luck!
Well first of all there is a public ledger and we have an explorer where you can check each of your transactions. Second thing is that Centrix is not regular blockchain based project, it is something brand new and the approach is that no one, literaly no one on the world can see how much someone has in his holding. Join our discord and you will get all the needed informations there..
Maybe I don't understand the logic here, if the ledger is public, and I can check each of my transaction, what stops me to add those transactions in a database and se the hole balance. This is how all block explorers work.
Or I can only see my transactions, not someone else tx? I am kind of confused here.
As such you can see the coins, but you are not able to put them together with other coins. Our chain does not allow to follow the coins because you dont use one address like with basic blockchain wallets, on each transaction, you need a new address, you cant use the old one for another transaction. The coins are not connected like in regular blockchain projects. Here each coin acts like its own chain. That is why I wrote join our discord and you get all the info there.