Stegos: Why It Is A Highly Scalable And Secure Cryptocurrency And What You Need To Know About It?

in stegos •  5 years ago 

What Is Stegos?

Stegos is a highly-secure, completely private, and a cryptocurrency that supports the confidentiality of user’s personal information about user privacy. Privacy is a fundamental human right, and not every cryptocurrency provides users with complete privacy. Stegos is specially designed and built to safeguard the privacy of the users. Stegos Code answers all the queries regarding privacy with its private and scalable cryptocurrency features.

Why Is Stegos Different?

Even though the emergence of blockchain technologies has helped to keep information private, the current blockchain technologies are unsustainably slow. They require users to rely on resource-hungry and expensive hardware, and it is the main reason they are inaccessible to the average individual. But Stegos platform is quite appealing and comes packed with great features for greater privacy, decentralization, and anonymity. It is fully prunable and scalable, making sure that the chain remains compact without compromising on trust.

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Why Are Users Actively Adopting Stegos?

Users who look for a highly secure communication service should choose nothing else than Stegos. It uses the UTXO (coin) model and gPoS (gamified Proof-of-stake) consensus and the latest cryptographic research to design a private, secure, and efficient cryptocurrency.
Stegos’ Snowball protocol directs every transaction to a new and unique stealth address. Except for the owner of the communication, no one can access the data transacted. Stegos is also one of the few blockchains to be compatible with mobile phones.

What Are The Unique Features Of Stegos That Makes It Different?

• All transactions made in Stegos Code are highly untraceable and unlinkable at all times.
• All transactions are secure, private and confidential.
• Developers can design applications that communicate anonymously, privately, and efficiently through Stegos trusted application container (TAC).
• The main reason that Stegos transactions are untraceable is that many individual transactions are joined together to form a large transaction chain.
• Stegos is one of the quickest blockchain technologies available right now as the spent coins are quickly and securely removed from the blockchain to keep it small and straightforward.

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