Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SUPER] SuperCoin - 1st Coin with PoS Superblocks! Design Contest Started
by
supercoindev
on 10/06/2014, 17:54:17 UTC
Hello, I am the Supercoin dev, and I want to give an update to the community on our progress of the anonymous wallet work.

First thanks to all for your patience. We've been working hard for a few weeks, and we almost finished the basic features, and they work fine. We are doing final dev testing. We will soon (in a few days) release a new version of the client (no hardfork) that will support anon features. But we want more tests to be done with the community, so for now we will only limit the anon feature in testnet environment. It will be the same client, but the anon features will be only allowed in testnet for now. We will decide, depends on how tests go, when the features will be in real network.

So what is anon features?

Anon features hide the traces of the transaction. So basically when you want to send from A to B, instead of showing in the blockchain explicitly a transaction showing A-B, it may show A->X, then Y->B, where X, Y are some random addresses (at least from a large address pool). Of course the transaction can be further obfuscated, such as you can split the sending amount to several parts, and apply the above for each part. This way, it is virtually impossible to trace the real transaction. So it protects your privacy.

I will provide more details to our anon feature strategy and implementations later. And if you have questions, please post in the thread, the dev team will answer them as soon as possible (remember we all have our daily jobs, so please be patient Wink)