Current blockchain interoperability solutions mostly involve building ad-hoc bridges (Cosmos, Polkadot). As the number of blockchains increases, doing it ad-hoc is no longer an option. We just can’t build N2 bridges.
Scheduled for Q1 2020, Incognito Portal takes a different approach: build once, work with any blockchain. Portal is a general bridge design that connects Incognito to any number of blockchains, allowing for secure two-way transfers of crypto whenever privacy is needed. This means any coin can now be a privacy coin.
The Incognito platform makes it dead simple to issue your own privacy token. Choose a name, symbol and the total supply of tokens, and a new privacy token will be created on the Incognito blockchain. Send and receive tokens using the built-in QR scanner, or with your Incognito Address.
The first generation of exchanges includes centralized exchanges like Binance and Coinbase. The second generation of exchanges comprises of decentralized exchanges (DEX) like Bancor, Kyber, and Uniswap. pDEX is an upgraded DEX. Like decentralized exchanges, it is trustless. It also implements additional features such as privacy via zero-knowledge proofs, high throughput via sharding, and inter-blockchain trading via interoperable bridges.
Since launch, hundreds of clever little Node devices have been adopted into loving homes. We couldn’t be more excited, or more grateful for the support. Our hardware team is absolutely stoked.
We also received many excellent questions from potential Node adopters. It’s important to us that everyone who buys a Node does so with all the information they need, so here are the most frequently asked Qs.