Binance funds development of the Incognito Portal

Incognito has been awarded the Binance X fellowship, to create “free and open-source software that will enable new innovations and businesses in the crypto economy.” Incognito will facilitate Binance’s goal of crypto adoption on a global scale by ensuring our fundamental right to privacy is protected in this borderless, digital world.  

The Binance X fellowship stipend will fund development of the Incognito Portal – a fully decentralized, universal bridge to Binance Chain and beyond. Portal will allow the user to anonymously transact any amount of BNB and BEP2 tokens without relying on a trusted third party.

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Now and in the future: what it’s like to be an Incognito Node

Hello Incognito nodes! Welcome to the beginning. Thank you for powering this network and creating a solid foundation to help it scale. As Incognito grows, node numbers will change, and so will current configurations.

Here’s a quick rundown of where we’re currently at, and a brief overview of where we’re headed:

Short term (now to 1 year from now)

1. Current number of nodes: 860

As of 11 December 2019, this includes both virtual nodes (staked) and physical nodes (online and in transit).

2. PRV earnings per epoch: ~10.92 PRV for the first year

This number does not include PRV earned through transaction fees, which will vary based on network usage.

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Newsletter kick off: weekly report #1

Welcome to the very first issue of the Incognito newsletter: short and sweet notes containing announcements, updates and reading recommendations.

There’s always so much going on in so many different channels, so we wanted you to have a place to keep track of it all. We’ll be publishing these every week on the blog – leave us your email address on the left, and we’ll send them directly to your inbox.

1. pDEX is officially LIVE! The first pairs are pBTC/PRV, pBTC/pUSDT, and pUSDT/PRV. Just tap the little pDEX icon at the bottom of your screen to get started – make sure you have the latest version of the Incognito Wallet!

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Incognito Mainnet v.0 Configuration

Incognito is live! It’s the beginning of a better, safer internet. This document details the key parameters for Incognito Mainnet v0, and provides the reasons why we selected the initial values for these parameters.

Some of these parameters will likely be fine-tuned over time. Parameter fine-tuning is a crucial part of the Incognito mechanism design. Parameter fine-tuning responsibility is initially handled by the core team, but will be and gradually transferred to the community once self-governance is implemented in early 2020.

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Incognito launches Mainnet v.0

The world’s first platform for privacy tokens is officially live.

1 wild year, 12,000+ commits, 1M+ lines of code, 14 public Github repositories, 700+ nodes, and 3000+ wallet downloads later – the mainnet is finally here.

If you’re just joining us, welcome! Incognito is the very first platform for privacy tokens – an open-source, self-funded project that hopes to tackle one of the biggest threats to the crypto space. Incognito is not a privacy token. It’s an entire mode. 

Anyone can now turn on incognito mode for their favorite coins, to privately send, receive and store their BTC, ETH, BNB and more. Anyone can now issue their own privacy tokens in under a minute, and build their own privacy-focused applications on the Incognito Chain. The mainnet launch brings us one step closer to delivering privacy by default, for our new economy and for the new decentralized web.

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Development Update (September 2019)

Hello there!

Things have moved so quickly since the testnet launch in July, thanks in large part to our wonderful growing community:

To all our new validators — thanks for hosting nodes! Thanks also for being so patient with us, and for helping us flag and resolve issues. Being the first requires a certain amount of daring, curiosity and conviction, and we really appreciate the vote of confidence.

Here’s an overview of our progress in the past month, and a view into what’s next.

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Introducing Incognito

Every idea starts with a problem. Ours was simple: blockchain data is public.

Duy was running Autonomous where he paid a team of 100+ people in 6 different countries with an ERC20 stablecoin. While he saved processing time and money on international wire fees, employee salaries were exposed publicly on the Ethereum blockchain. It was a mess.

Many of the team had similar experiences, frustrated at how hard it was to send, receive and store crypto privately, even in a rapidly tokenizing world. No one wants to show their bank statements to the entire world.

We started Incognito to create an alternative — the choice of privacy whenever needed, simple for anyone to obtain. Incognito mode for blockchains.

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