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Spectrecoin (XSPEC) is an innovative, privacy-centric cryptocurrency with an energy-efficient proof of equity algorithm that provides fast transaction confirmation, ring signatures for privacy and anonymity, and a fully integrated Tor+OBFS4 layer for IP obfuscation.
1. Ring signature
Each private transaction appears to be signed by a user from a randomly selected group of users, so it is impossible to determine who provided the signature.
2. Invisible address
Creates a random one-time address for each transaction on behalf of the recipient. By using an invisible address, transactions are guaranteed to be unlinkable.
3. Dual Currency System
XSPEC (public and transparent) and SPECTER (private and non-traceable) can be easily exchanged at any time, providing accountability or anonymity as needed. Both coins can be used for rewards
4. Invisible stake
Anonymous proof of stake is a unique consensus algorithm that uses ring signatures to perform anonymous stake rewards without publicizing balance records and being unable to link users to stake transactions.
5. Proof of Stake V3
Blockchain consensus model where the creator of the next block is selected through various combinations of random selection, wealth and coin age, thus making transaction approval faster and network more scalable.
6. Tor + obfs4
Spectrecoin runs as a Tor hidden service, protecting your IP address by routing traffic on multiple hops on the Tor network. OBFS4 disguises Tor's use as normal Internet traffic, thereby helping users in the country where Tor is located.
7. Inflation rate declines
Since XSPEC and SPECTER offer different fixed bet rewards, inflation will depend on the ratio of XSPEC to SPECTER bets on the network, but will decrease over time.
Related links:
https://spectreproject.io/