It’s hard to know where to begin with cryptocurrencies, so check out this guide and we’ll introduce the best private crypto wallet available on the market.
Avoid the lack of privacy in the crypto sphere! Your coins need to be held in a secure way, so let’s discover the best private crypto wallet in this article.
Avoid worrying about privacy in the cryptoverse. This guide will show you “how to keep my bitcoin transaction untraceable” with the Incognito Wallet.
Today I’ll explain how to stop people from seeing what I do with my bitcoin, through my years of experience. Then I’ll show you how to send bitcoin anonymously.
Since bitcoin transactions are traceable, the question “How do I send Bitcoin anonymously?” is being asked more and more these days.
Understanding why Bitcoin isn’t anonymous
When Satoshi Nakamoto first created Bitcoin, he wanted a transparent and traceable public blockchain, so that everyone could see each other’s balance. Bitcoin was really aimed at bringing freedom to the financial world.
To do that, Bitcoin, by design, is transparent. All Bitcoin transactions are public, traceable, and permanently stored on the Bitcoin network. Bitcoin addresses are the only information used to define where Bitcoins are allocated and where they are sent. These addresses are created privately by each user’s wallet.
Data Governance Framework for Web 3.0 Applications
Band Protocol connects smart contracts with trusted off-chain information, provided through community-curated data providers.
We’re excited to be able to offer support for BAND tokens here on Incognito – the first-ever platform for privacy tokens.
Right now, if you send, receive or store BAND, that’s all entirely visible on the Ethereum Explorer. Anyone can uncover your BAND holdings and activity with a single click. Having the choice of privacy is really important — that’s why we built the Incognito-Ethereum bridge and a super simple mobile interface.
This article will explain how to participate in #sendBANDprivately to earn free, private, BAND.
New to sending BAND privately? Check out the walkthrough here.
Learn more: https://incognito.org/
Contact the team: https://t.me/incognitochain
Incognito is a platform for privacy tokens, powered by its own proof-of-stake sidechain that attaches to any blockchain to confidentially transfer crypto assets. Developers can also easily create their own privacy tokens on Incognito.
Incognito utilizes zero-knowledge proofs optimized for mobile and achieves near-instant transaction speeds through state sharding.
About BAND Protocol
Band is a protocol for decentralized data governance. We provide an open-source standard and framework for the decentralized management of data in the Web3 technology stack. Band Protocol solves the issues plaguing current data infrastructures and decentralized technologies as a whole. It is estimated that over 1.2 million terabytes of data are stored on the web and currently much of this is unstructured or unreliable. Through a standard framework, Band creates a community-driven data curation ecosystem that is secure, reliable and accessible. Band provides a socially scalable method for widespread adoption and integration of trusted data that all applications can utilize.
5 February 2020 – It is with pleasure that we announce that Waltonchain’s WTC token is now available in the Incognito Wallet and on the pDEX, the world’s first truly private decentralized exchange.
Waltonchain operates in the supply chain sphere, where traceability of stock and transparency are of the utmost importance. However, the inverse is true when it comes to cryptoassets – details of balances and information related to trades are better off hidden, which is where Incognito comes in.
We’re giving WTC holders the option of a privacy version of their token, known as pWTC, so they can transact and store their assets privately.
To obtain pWTC, users simply need to download the Incognito Wallet, available for both Android and iOS. With it, they can deposit their WTC and exchange it for the aforementioned privacy version at a rate of 1:1 – enabling them to store, send and receive tokens under the secure veil of anonymity, so that nobody can track or trace their activity of balances. Furthermore, they can swap it back to WTC whenever they like.