• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
Breaking News: Breaking: DCG And Genesis Close Initial Agreement With Creditors
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: DCG And Genesis Close Initial Agreement With Creditors
Advertisement

Shadow Coin Developer Interview

Nigel Dollentas by Nigel Dollentas
8 years ago
in Altcoin News, Altcoins, Interviews, News
0
Advertisement

A rising coin with a becoming more popular centric of privacy, is Shadowcoin. I was able to talk to the main developer over at Shadowcoin, and here’s is what he had to say.

1. What is Shadow’s end goal?

To establish Shadow as the ultimate P2P privacy solution for anything web-related – the anti-Google if you will. Anonymity is our primary focus, so we want people to be able to talk, shop, browse and publish knowing they can do so safely and privately.

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!

2. How does it plan on reaching that goal?

Adoption. We aim to introduce an entirely new generation to crypto by offering them the applications and services they’ve come to rely upon whilst giving them the ability to sidestep overbearing and intrusive online surveillance programs.

For example, over the last few weeks we’ve introduced ShadowGO, the first iOS and Android wallets to support staking as well as encrypted messaging and anonymous transfers (using ShadowSend).

Shadow is one of the few projects that provides a real alternative to existing centralized solutions. For example, we’re adding voice, video and file attachment support in our next ShadowChat update – combined with ShadowGO – it offers a discreet mobile communications alternative to Skype, WeChat, WhatsApp and even E-Mail. ShadowChat messages are instant, so that puts it beyond existing P2P solutions such as Bitmessage. It’s also more secure than other privacy-focused platforms such as BlackPhone, Bleep or ProtonMail because any proposed attack on an individual would require an attack on the entire network.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

Within our own team we believe reaching this goal will take discipline, passion, dedication and lots of hard work (R&D). More importantly, building the Shadow community around the belief in these same core values will eventually move Shadow towards its end goal.specs_shaowcoin_bitcoinist

3. How does your privacy methods differ from other methods?

Our solution (ShadowSend) is completely trustless and it allows automatic creation of new addresses for each transaction. It does not rely on any other nodes to deliver the transaction, so it’s instantaneous. In addition, the transaction sizes are small, so blockchain bloat won’t be an issue.

Furthermore, with our upcoming trustless zk-SNARKs implementation, coin values will be hidden on output transactions to stealth addresses and a proof will be included in the transaction. The benefit of having the values hidden in transactions: no one would be able to trace outputs back to the Coinbase.

4. In the competitive struggle, why do you believe your privacy-oriented crypto will come up on top?

Technology:

While competing technologies might be viable, they lack rigorous academic review. There has been a significant amount of university level peer review on zk-SNARKs, which is also ongoing research and development. It’s evident that zero-knowledge is a very important requirement for future technology platforms.

Community-driven Team:

One of our major competitive edges is Shadow’s entire development team is located in-house and the project is community-driven. The team consists of 4 other developers, one of whom is a veteran cryptographer and another who doubles up as our graphic designer. We don’t believe in outsourcing our work; however, anyone is welcome to contribute to the project.

I’ve noticed most of the failures in crypto stem from a non-technical project manager outsourcing development. Investors are at the mercy of the project manager’s experience or the PM run out of funds, progress grinds to a halt and the community lose out. Everyone on the team is contributing to the Shadow Project because of their passion to innovate, not because of a lust for profits. We’ve attracted a strong community so far with these principles and we believe it will only get stronger the more that we deliver.

5. Current Status?

We are constantly developing new cycles. Shadow’s current milestone is our lite wallet implementation. ShadowLite will enable stealth transactions and staking with minimal sync time. If you’ve used multi-bit before, then you’ll find yourself at home.

6. What can we see in the future?

We’re taking an A-to-B approach with Shadow’s roadmap. We only announce projects after they’ve entered the testing cycle. There’s too much hype in the crypto space about what’s coming down the road. We’re focusing on what’s being delivered right now.

The writing is on the wall. We are building our core first, then the real innovation starts. For the latest updates follow us on twitter @SDcoin and come hang out on our forums at www.shadowhangout.com

bitcoinist_Shadow_roadmap

Photo Source: Shadowcoin Team

For more information: http://www.shadow.cash/

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Nigel Dollentas

Nigel Dollentas

Born in the Philippines, currently stationed in the USA. The youngest member of our writing team, Nigel is our freelance writer. Learned about Cryptocurrency right after the Mt. Gox crash and has been passionate ever since. @NigelDollentas

Related Posts

AI tokens institutional investors

AI Tokens Lead Crypto Market Gains As Institutional Investors Bet Big On The Technology

19 hours ago
Groundhog Day bitcoin altcoins crypto winter

Groundhog Day: Will We Get Six More Weeks Of Crypto Winter?

5 days ago
Floki Inu

Community Votes To Burn 4.97 Trillion Tokens Of Shiba Inu Rival, Floki Inu

1 week ago
These Altcoins Could Be Ones To Watch For, Santiment Suggests

These Altcoins Could Be Ones To Watch For, Santiment Suggests

2 weeks ago
Aptos (APT)

Aptos (APT) Jumps 130% In 7 Days, What’s Driving The Price?

2 weeks ago
Polkadot Speeds Past Cardano To Become Top Crypto By Dev Activity

Polkadot Speeds Past Cardano To Become Top Crypto By Dev Activity

2 weeks ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
Metaspins
Metaspins
1xBit
1xBit
Coinplay
Coinplay
K8
K8
Vegas Casino
Vegas Casino

Sportbooks

Coinplay
Coinplay

Press Releases

  • The 7 Best Altcoins to Buy Now to 10X Your Money

    9 mins ago
  • These 7 Best Cryptocurrencies to Buy During Presale

    38 mins ago
  • Which Is The Best Crypto Meme Coin To Invest In 2023...

    2 hours ago
  • Cardano On The Climb, Whilst Big Eyes Coin Extends 200%...

    2 hours ago
  • Big Eyes Coin can boast the biggest pre-sale in recent...

    2 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.