Bytecoin dev team plans Untraceable Tokens

in cryptocurrency •  7 years ago  (edited)

Hello and good news everybody, or at least those interested in the legends of an untraceable token that is yet to exist!

...What?

Following recent news regarding Monero's privacy which can be found hereeven people that didn't read the article got more interested into privacy-based coins - and this would be the general tendency of the public IMO.

Bytecoin - the 1st anonymous cryptocurrency created using the Cryptonote protocol.

Being a member of their community since last year, I recently found on their subreddit some great news regarding their plan on integrating Untrecable Tokens within the Bytecoin Blockchain - a lot like Ethereum does with its smart contracts, but those tokens will offer anonymous and untraceable technology.

Jenny - the community manager - stated within the post that I discovered that

A couple of months have past since the last official mention about untraceable tokens. The main point of the discussion was the consensus which has to be taken as a basic approach on the realization of the tech. And we’re happy to announce that we’ve finally found a path which has successfully gone through the PoC. We’re still considering untraceable tokens as a technology which is able to make a breakthrough among the crypto community.

I am waiting more news regarding the evolution of the process and definitely looking forward for this feature to be implemented.

I will also post as soon as I find anything new regarding this topic.

Until next time, cheers and good luck!

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