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Showing 8 of 8 results by morphosecash
Privacy is a need.
Let’s say you have a secret lover and you want to send her money.
Would you want a traditional bank transaction under your and her name?
Would you want a Blockchain transaction exposing the origin of your funds under your KYCed exchange account, sent to her KYCed exchange account?
Basically, would you want any third party involved in it?
Maybe you wouldn't care. However, what if you knew that collected data could be used in your divorce file? When you think over it, you would understand that any third party is an entity you wouldn’t risk exposing yourself to. If you had a choice, you would always choose the private one. Privacy is a need.
Morphose takes out the third party between you and your lover.
Morphose is a fully decentralized protocol for private transactions. She is a non-custodial "cryptocurrency mixer" that the users are responsible for controlling their own funds. The difference between Morphose and any other mixer is that Morphose doesn't involve any third party in the process.
Users deposit to Morphose in fixed denominations such as 0.1, 1, 10, or 100 BNB. For every deposit, the user gets a secret note to withdraw the deposit from the same pool with a new wallet. Simple as that. Since there are tens of the same fixed denominations in the pool, the link between depositor and withdrawer naturally gets broken. Everything is public, in a private way.
Zero-knowledge proofs (zkSNARKs) enable obfuscating deposited token history without revealing which exact deposit corresponds to the secret. Everything happens on Blockchain, and Blockchain only. Secret note presented only to the client-side running on IPFS.
Sending your lover private money is just one of the 100s of everyday uses of Morphose.
Because,
Privacy is a need.
Keep Morphose in mind, you will need her one day.
Let’s say you have a secret lover and you want to send her money.
Would you want a traditional bank transaction under your and her name?
Would you want a Blockchain transaction exposing the origin of your funds under your KYCed exchange account, sent to her KYCed exchange account?
Basically, would you want any third party involved in it?
Maybe you wouldn't care. However, what if you knew that collected data could be used in your divorce file? When you think over it, you would understand that any third party is an entity you wouldn’t risk exposing yourself to. If you had a choice, you would always choose the private one. Privacy is a need.
Morphose takes out the third party between you and your lover.
Morphose is a fully decentralized protocol for private transactions. She is a non-custodial "cryptocurrency mixer" that the users are responsible for controlling their own funds. The difference between Morphose and any other mixer is that Morphose doesn't involve any third party in the process.
Users deposit to Morphose in fixed denominations such as 0.1, 1, 10, or 100 BNB. For every deposit, the user gets a secret note to withdraw the deposit from the same pool with a new wallet. Simple as that. Since there are tens of the same fixed denominations in the pool, the link between depositor and withdrawer naturally gets broken. Everything is public, in a private way.
Zero-knowledge proofs (zkSNARKs) enable obfuscating deposited token history without revealing which exact deposit corresponds to the secret. Everything happens on Blockchain, and Blockchain only. Secret note presented only to the client-side running on IPFS.
Sending your lover private money is just one of the 100s of everyday uses of Morphose.
Because,
Privacy is a need.
Keep Morphose in mind, you will need her one day.
How can you implement zk snark on the binance protocol? you can't do this and it seems like what you can do to create another mixer similar to the bitcoin mixer, right? I don't even think zksnak is really useful in this case.
Bitcoin doesn't even zksnark to be able to get a mixer service.
i kinda feel doubt that.
Hi,Bitcoin doesn't even zksnark to be able to get a mixer service.
i kinda feel doubt that.
As you know bitcoin protocol doesn't offer smart contracts (practically) like Ethereum does. Binance protocol (Binance smart chain) is no different than Ethereum as you may know (they use EVM) and because it offers smart contract support, zkSnark based mixers are being implemented on Ethereum for years but of course zksnark is not fully implemented in the smart contracts. Protocol uses snark.js and circom on the javascript client side as well. In deposit, a hash created from trapdoor and nullifier and then sent to smart contract. Then a merkle tree leaf created using this hash and inserted in the tree to get its index. Then index sent to client side and combined with trapdoor and nullifier in a secret given only to the end user. For withdrawal, user provides the secret on the client side. A proof using snarkjs groth function generated on the client side. This proof is sent to smart contract for verification in a standard verifier function and once verified funds are released. You can check our github link on our webpage to read the code in detail. Javascriot code you can check from the minified js file but it may be hard, but you can read the smart contract part. The smart contract codes are actually similar to other mixers so you can read any other mixer code to understand how it's done on Ethereum/Binance.
Hey guys, what's up 
We just launched Morphose (morphose.cash) on Binance Smart Chain. It's a zk-snark based BNB mixer that lets people do private transactions. We will continue working to improve it on UI, user count, traffic, staking, and its use of the token. We welcome your support to the project and when you need to do private transactions on BSC know that we are here
We just launched Morphose (morphose.cash) on Binance Smart Chain. It's a zk-snark based BNB mixer that lets people do private transactions. We will continue working to improve it on UI, user count, traffic, staking, and its use of the token. We welcome your support to the project and when you need to do private transactions on BSC know that we are here Ok now, can you explain me how to make the transaction private ?
If you gonna use the address mixer, then multiple addresses will be used for a single transaction.
If using multiple addresses, then the gas fee will be higher than normal transaction because the token will be transferred from one address to other addresses multiple times.
Mixer only lets people deposit and withdraw in 1 BNBs or similar denominations (0.1, 10, etc).
Say you give KYC in an exchange. You withdraw 1 BNB to wallet A in Binance Smart Chain. You deposit 1 BNB to Morphose 1 BNB smart contract. In that smart contract lies 1 BNB or more (BNB of other people). You withdraw your 1 BNB from Morphose with a new wallet B (if it's empty you get free gas fee from Morphose faucet). Now you can transact privately with wallet B. When we look at the blockchain the person who withdrew 1 BNB can be anybody in the pool because everybody withdraws with new wallet and everybody withdraws 1 BNB. So you are not directly related with wallet A anymore. That's why its a "mixer". You can check the website and docs for more details.
Have you made an Ethereum mixer on the Binance Smart Chain?
I don't understand where the project gets its liquidity from to make deals?
The documentation states the BNB token, in the interface I see ETH.
There are a few BNB tokens on the balance of smart contracts, which are indicated in the documentation.
Is this enough for a smart contract to work?
I don't understand where the project gets its liquidity from to make deals?
The documentation states the BNB token, in the interface I see ETH.
There are a few BNB tokens on the balance of smart contracts, which are indicated in the documentation.
Is this enough for a smart contract to work?
Hi,
Protocol runs on Ethereum mainnet (1) and Ethereum testnets (3,4), Binance Smart Chain Mainnet (56), Binance Smart Chain Testnet(97) and Moonbase Alpha Testnet (1287). Yes it is Ethereum Virtual Machine (EVM) compatible and it runs everywhere where EVM runs...Binance Smart Chain is one of them and the only blockchain we focus on currently.
The mixer needs minimal liquidity that may come from depositors or from us (from a new wallet) if it's empty. Minimal deposit is 0.1 BNB, 1 BNB, 10 BNB, etc.
That amount is enough for the contract to work. Think about A and B depositing to an empty contract 1 BNB. A withdraws -with a new wallet- after 1 year and in that time frame, no one uses the protocol. When we look at BscScan can we say A withdraw his own money? no, because withdrawer may well be B with a new wallet. So 1 BNB is enough. The protocol is 20 days old, people deposit, and usually around 5 BNB lies in 1 BNB contract and 2 BNB lies on 10 BNB currently..this will increase over time but as said it doesn't matter.
Great! But no blog, website link, contract address. You only wrote the article. Maybe you forgot. But it's important for research. Also, is there any audit? We have seen many tumblers end up scamming. I hope, you will give information. We have a lack of tumblers in the BSC ecosystem.
Hi I think I wrote the webpage address below but you haven't seen. Blog is docs.morphose.cash and morphosecash.medium.com, website link is morphose.cash, contract address is https://docs.morphose.cash/#contract-addresses, audit is https://docs.morphose.cash/#security-audit
We have no chance of scamming because our smart contracts are ownerless and we don't do any staking or liquidity farming that people lock money. Very minimal amounts lie on contracts. Biggest amount is 10 BNB I can say.
Is there any source code for your project? Not gonna lie, a lot of mixers end up stealing money from users through various method, including smart contract access etc. It's also very risky for a new mixer with little to no code to act as a more or less custodial wallet for their users.
Hi,
We have the source code on github. Smart contracts that protocol runs on are on https://github.com/morphosecash/morphose-core
You can check the deposit and withdraw function on them to see that it does nothing related to stealing money
You can also double-check/compare them with the deployed smart contracts on
https://docs.morphose.cash/#contract-addresses
The UI also published on https://github.com/morphosecash/morphose-ui as a built version that you can check it works on those smart contracts (also download on HTTP)
app.morphose.cash or https://morphose.eth.link/ is the UI
connect the app testnet and try depositing and withdrawing 1 BNB you can get from BNB faucet to see how the app works. If you don't want to test with real BNB you can check the denomination smart contract histories to see already 200 BNB passed through them.
Hey guys, I am a community member of Morphose on Binance Smart Chain and want to explain about the protocol
Morphose is a cryptocurrency mixer for everyday people. Similar to tornadocash in Ethereum you may know, but more geared towards less experienced users. You can make private transactions on Binance Smart Chain using Morphose. For example, you send 1 BNB to Morphose with wallet A and withdraw 1 BNB from Morphose with wallet B. Morphose breaks the connection between wallet A and B.
What's important about Morphose is that Morphose is fully decentralized. That means no one knows who uses Morphose. That means Morphose is unstoppable by third parties. That means her smart contracts are immutable, her UI lies on IPFS and she doesn't depend on third-party off-chain relayers that may deanonymize the user. Morphose also takes the lowest commission of 0.75%, has multiple denominations, and uses lower gas fees.
Unlike animal coins and meme tokens we started this project with months of development, preparation, and commitment behind it. It is a long-term project. For the protocol side; the app is audited and being used daily, already 150 BNB has passed through Morphose. For the MORPH token, we started our presale with 1$ MORPH and collected 100BNB to put all in liquidity and marketing. People who bought could sell up to 16.4$ after listing and token stabilized around 8-10$ before even our coingecko and coinmarketcap listing.
We continue to develop and advertise to make the project better and improve the community. If you have any doubts please read docsmorphosecash or ask any person in our Telegram channel.
We believe in Morphose because we think privacy in Blockchain is a fundamental need that more people will realize over time. We look forward to your support.
Morphose is a cryptocurrency mixer for everyday people. Similar to tornadocash in Ethereum you may know, but more geared towards less experienced users. You can make private transactions on Binance Smart Chain using Morphose. For example, you send 1 BNB to Morphose with wallet A and withdraw 1 BNB from Morphose with wallet B. Morphose breaks the connection between wallet A and B.
What's important about Morphose is that Morphose is fully decentralized. That means no one knows who uses Morphose. That means Morphose is unstoppable by third parties. That means her smart contracts are immutable, her UI lies on IPFS and she doesn't depend on third-party off-chain relayers that may deanonymize the user. Morphose also takes the lowest commission of 0.75%, has multiple denominations, and uses lower gas fees.
Unlike animal coins and meme tokens
we started this project with months of development, preparation, and commitment behind it. It is a long-term project. For the protocol side; the app is audited and being used daily, already 150 BNB has passed through Morphose. For the MORPH token, we started our presale with 1$ MORPH and collected 100BNB to put all in liquidity and marketing. People who bought could sell up to 16.4$ after listing and token stabilized around 8-10$ before even our coingecko and coinmarketcap listing.We continue to develop and advertise to make the project better and improve the community. If you have any doubts please read docsmorphosecash or ask any person in our Telegram channel.
We believe in Morphose because we think privacy in Blockchain is a fundamental need that more people will realize over time. We look forward to your support.
Hey guys, what's up We just launched Morphose (morphose.cash) on Binance Smart Chain. It's a zk-snark based BNB mixer that lets people do private transactions. We will continue working to improve it on UI, user count, traffic, staking, and its use of the token. We welcome your support to the project and when you need to do private transactions on BSC know that we are here
We just launched Morphose (morphose.cash) on Binance Smart Chain. It's a zk-snark based BNB mixer that lets people do private transactions. We will continue working to improve it on UI, user count, traffic, staking, and its use of the token. We welcome your support to the project and when you need to do private transactions on BSC know that we are here