Crypto Commonwealth is a scientific publisher and asset manager on blockcha...
The issue of privacy in digital space is currently a widely discussed topic. Questions asked to technology companies are often met with the loud assurance that all data shared is anonymous and confidential information is immediately removed from the system nothing could be more wrong. In fact, the situation is completely different. that’s why the Proximus cryptocurrency was created, through to which you can know that you are anonymous what will you gain by having proximus?
Your payments are not identifiable because the technology uses a ring signature in which we have a group of people each with their own secret and public key. Typical cryptocurrencies do not have this feature, so their payments can be easily traced, did you know that? Much work has been devoted to Bitcoin block chain analysis. Their authors track the flow of money, identify the owners of coins, determine the balance of the wallet and so on. In our case, this is impossible because our code is not explicit.
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Aleksandra Zjawiony - Community Management