PEOS is an EOS-based project that develops private, non-trackable token transfers. pEOS combines Monero's technology and EOS's performance with ring signatures, ring confidential transactions and hidden addresses to obfuscate the source, amount and destination of all transactions. PEOS is essentially the core of EOS coins, fully compatible with DEX and is privacy-centric.

Project is born

pEOS is an application technology based on the EOS public chain and is committed to hiding transaction information on the chain.
Due to the open and immutable characteristics of the blockchain itself, all transactions on the blockchain can be seen on the entire network. That is to say, once someone knows that a certain address is owned by a certain person, all historical transactions of this address will be visible to the whole world. If this matter is corresponded to your Alipay or your WeChat, if all your payment records are visible without reservation, isn’t it a very scary thing?
pEOS was born to solve this problem. pEOS uses a technology similar to Monroebi to enhance the privacy of transactions. The basic difference between pEOS self-reported compared to solutions like Menoro or ZCash that also provides privacy protection is that Menoro and ZCash are both newly developed public chain projects, and the community and user support they have is much different than EOS, and there will be greater resistance to application.
The reason why pEOS chose to start based on EOS is because it is focused on EOS's powerful performance and community support capabilities, so that pEOS does not need to spend energy on building the underlying system and ecosystem, but only needs to focus on products that provide a more robust, powerful and excellent experience.
From a market perspective, pEOS hits the market pain point and develops a privacy protection solution for EOS public chains.
pEOS tokens can be sent to EOS native accounts like any typical token on the EOS blockchain, or to a private address. The native account is managed through regular EOS account permissions operations. However, in order for the system to save anonymous tokens on a private address, it generates two sets of private-public key pairs (v,s) and (V,S). s means the key used for expenditure and v means the view key.
The user of the pEOS contract has a public address (not related to any public key or account on the EOS blockchain) that can be distributed to other users, who in turn can send money to that address.
Meanwhile, the tokens will never be transferred to that public address in a visible manner. Payment for this address is done by sending to a unique one-time address (similar to Bitcoin's UTXOs). These addresses are created by performing a Diffie-Hellman exchange so that both the sender (payer) and the receiver (payer) can obtain a secret property exchange.
The external user cannot see the payment to the receiving party's public address. However, the receiver can use vkey to witness and identify output in the transaction. She can also continue to use her vKey to spend tokens.
Meanwhile, while pEOS tokens can be transferred between EOS accounts like any other EOS-based token, a special type of wallet is required to allow them to perform private, non-trackable transactions. Although the official hopes that the community can develop such a wallet, pEOS itself plans to develop a wallet-based solution.
In short, theoretically speaking, it is possible to hide transaction records.
The token name of pEOS is PEOS, with a total issuance of 1.25 billion (1,250,000,000), and will never be issued additionally. Among them, 1 billion is used to airdrop 1:1 for all EOS users; 50 million is used for operations, markets and other reservations; 200 million is used for founding teams and R&D teams.
The exact number of airdrop PEOS will be determined on the snapshot date based on the EOS supply, which is estimated to be slightly above 1 billion tokens. Unclaimed PEOS tokens will be used for operations and marketing funds.
More than 83% of tokens are directly airdropped to the EOS community, which on the one hand expands the number of coin-holding users and on the other hand reduces the user usage costs. This is a common practice for all projects in the EOS ecosystem and is also a reflection of EOS's strong ecological capabilities. However, the 200 million tokens held by the team does not have any detailed lock-up plan, which is a possible risk point.
pEOS plans to run the test network in Q2 2019, and the main network in Q3 2019 is online, and the plan is progressing relatively quickly. The white paper itself has relatively little information, no description of specific economic model, nor is it a description of team information.

Project Highlights

Fast burn
pEOS is built on EOS and makes full use of its 0.5s blocking time. Enjoy private transactions based on EOS technology.
Compatible with DEX
By being essentially the core of EOS tokens, PEOS is the first privacy-centric token that is fully compatible with DEX. It cannot be stopped, it cannot be traced, it is the revolution we promise.
It is private and cannot be traced
Using ring signatures, environmentally confidential transactions and invisible addresses, pEOS is truly private. It combines Monero's technology with EOS's performance.

Related links:
https://www.jianshu.com/p/1a565a66cc75

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