With Jumble, your transaction behavior doesn't change but your privacy is increased

in jumble •  4 years ago 

Overview

Cryptocurrencies have gained popularity due to several factors, including privacy and anonymity. Some of them help users to conceal their identities and their transactions. Amid mounting concerns about the anonymity of early cryptocurrencies, such as Bitcoin, users are searching for new options.

Privacy coins are unique cryptocurrencies that allow a user to gain total anonymity when making blockchain transactions. The identity of users and the origins of their transactions are completely protected. These coins empower senders and receivers to remain anonymous with different levels of privacy, like hidden wallet addresses and transaction balances. With privacy coins, payments actually remain private.

Why Privacy Coins Matter

Privacy coins add layers of protection for the users who own them and complete transactions with them. Because Bitcoin is run on the public blockchain ledger, anyone with access can see every transaction and the address it comes from.

How Do Privacy Crypto Coins Hide User Identities?

There are a few methods these coins use to hide user identities and transactions. Most use some sort of encryption, like The Invisible Internet Project (I2P), or Tor. Others use cryptography methods like zero-knowledge proofs or address scrambling methods to maintain anonymity.

Jumble Cash’s mission is to develop and deploy financial instruments that offer privacy within open finance.

What is Jumble Cash?

Jumble Cash is a fully decentralized protocol for private transactions on Binance Smart Chain, starting with BNB (BEP20) transactions.

Binance Smart Chain transactions are not private. Jumble is a simple service that will increase your privacy while when transacting on Binance Smart Chain / BNB. Jumble secures your transactions between addresses. Effectively Jumble helps you cut all ties between your old and fresh mixed BNB by jumbling everyone's coins using specially built shuffling algorithms. This can be done via the Jumble browser wallet (coming soon) or directly from the Jumble Pool.

Mission:

Jumble Cash’s mission is to develop and deploy financial instruments that offer privacy within open finance.

Essentially for users, Jumble makes privacy cheap, fast, and truly accessible. Additionally, all transactions on Jumble are faster, as we are not reliant on public nodes.

Use Jumble to hide your financial data by mixing transfers with funds in Jumble pools, ensuring that all subsequent transfers remain anonymous. Each time you withdraw, Jumble ensures you use a fresh address. Delivering the following tangible user value:

  • Keeps your wealth hidden
  • Conceal the source of your assets
  • Hide your trading activities

How to use Jumble Cash pools for BNB (BEP20) privacy?

  1. Deposit:
    A user generates a random key (note) and deposits BNB (BEP20).

Open the Jumble Cash app and connect your BEP20 wallet. Then select the pool you wish to deposit in: currently, Jumble Cash offers 0.1; 1; 10; 100 BNB pools.

Save the generated note. You will need this to withdraw.

  1. Wait:
    After depositing, users should wait some amount of time before withdrawing to improve their privacy. All subsequent deposits help make your deposit more and more anonymous.

  2. Withdraw:
    A user submits the proof of having the valid note to one of the notes deposited and the contract transfers BNB.

Privacy Centric Pools

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Jumble Pools utilize a fully decentralized and autonomous protocol for private transactions for BNB (BEP20). It enables transaction privacy on Binance Smart Chain (BSC) leveraging privacy-focused algorithms to effectively break the on-chain link between transaction sources and destination addresses. Users interact with their wallets exactly like using MetaMask. Jumble works the magic in the background to improve and protect your privacy.

What is JUM Token?

JUM is the native currency of the Jumble Cash ecosystem. JUM HODLers can stake their tokens. 80% of all fees collected by the protocol (in BNB) will be distributed monthly to people who are staking $JUM.

The remaining 20% will be used to help fund continuous development and growth.

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Tokonomics:

  • Total Supply : 100,000,000

  • Initial Circulating Supply: 42,175,000

  • Ticker: JUM

IDO round

  • IDO launch on BSC Starter : 30,000,000 JUM

  • Date: 28th April 14:00 UTC - 30th April 14:00 UTC

  • JUM price: 0.0004 BNB

  • Vesting: 100% unlocked

  • Contribution currencies: BNB

PancakeSwap listing

  • Liquidity on listing : 12,000,000 JUM
  • Date: 30th April 14:01 UTC
  • JUM price: 0.0005 BNB
  • Pair: BNB

Team distribution details

  • Locked for 12 months
  • Distributed monthly from month 13 to 36.

Roadmap

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Contact information

Website : https://jumblecash.com
BNB pools : https://jumblecash.com/app
Telegram : https://t.me/jumblecash
Twitter : https://twitter.com/jumble_cash
Medium : http://medium.com/@jumblecash

Username: Bidadari_surga
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1011291
BSC Wallet Address: 0x990a8DfdF48f4ba90395DF6c6Dd89FE67495Ee40

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