Anonymous Bitcoin - ANON a BTC and ZCL FORK

in cryptocurrency •  6 years ago  (edited)

What is Anonymous Bitcoin?

Anonymous Bitcoin is a project which focuses to deliver highly private,secure and “Anonymous” transactions.

https://www.anonymousbitcoin.io/

Anonymous Bitcoin (ANON) is an advancement of the technology of both the Bitcoin and ZClassic blockchain through a co-fork of both cryptocurrencies. We are introducing differentiating factors deemed important by the community that set us apart from previous forks. Some of these factors include staking through use of masternodes, increased block size and a transparent development process.

ANON has ASIC protection and strictly GPU mineable with Equihash algorithm which results in true decentralization.

WHY ANOTHER FORK?

The Bitcoin and Zclassic protocols were incredible advancements in security and privacy. This undisputed fact is why we felt the need to create a dual fork combining the best of both coins.

Bitcoin is only pseudo anonymous and lacks transparent governance. Introducing ZK- snarks and master nodes to this legacy blockchain will greatly increase the privacy and speed of transactions.
With the crypto space lacking a true and reliable privacy coin, ANON will surely be one of the most promising coins in that sector.

Holders of ZCL will receive a 2:1 ratio of anon, and BTC will receive a 1:1 ratio of ANON.

How to identify new good projects in Cryptomarket? What makes a cryptocurrency strong?

I'm talking about the real strength of a coin, not a pump and dump scheme or a Copycat-Masternode-Shitcoin.

In fact, it’s the increasing use in real life that de facto includes an increase in its value (supply and demand law). But for a coin to be used, it must have a purpose and meets a need.

The value of an alt-coin is directly related to the demand for the coin. The greater the demand, the higher the value. Demand can be based on various coin traits but for a coin to be successful, it must be able to create demand for itself. The rest of the elements on this list are all beneficial to the coins life, but without demand, the price of the coin will never go up.

ANON price will grow everyday !

Anonymous Bitcoin will use Proof Of Work with masternodes and zk-SNARKs technology from ZCL ( true anonymity). A collateral amount of 100 coins will be required to maintain a masternode on the ANON network.

The distribution of the block reward will be
65% to the miners and 35% to the masternodes.

ANON Masternodes

What Is A Masternode?

Masternode is simply a cryptocurrency full node or computer wallet that keeps the full copy of the blockchain in real-time, just like your have Bitcoin full nodes and is always up & running.

But masternodes are considerably different in their functionality than normal nodes.

They are different because they perform several other functions apart from just keeping the full blockchain and relaying blocks/transactions as a full node does in Bitcoin/Litcoin.

Masternodes enable the following services:

Instant Send -instant transactions (real time).
Private Send - Anonymous transactions :).

Personally, as a cryptocurrency enthusiast and adopter, I love investing in secure platforms and networks, and masternodes are really great.

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Hey great post :) I'm Glad to see that not everyone just spams posts.

  ·  6 years ago Reveal Comment

followed

Great post man.

Which exchange support the Fork. And do you Think its the same shit like btcp? Nice Post Keep it up

You have a minor misspelling in the following sentence:

#### Holders of ZCL will recieve a 2:1 ratio of anon, and BTC will receive a 1:1 ratio of ANON.
It should be receive instead of recieve.