Stegos: Reject Surveillance, Embrace Your Freedom

oluwatosin10 (41)in #blockchain • 5 years ago

Stegos is a high performance, 100% anonymous and a fully private cryptocurrency that's friendly to the environment. It's development is hinged on the improvement of features in some other cryptocurrency which includes privacy features and level of performance.

Anyone can make use of Stegos to transfer payments and essential information in a fully anonymous ecosystem without having to worried about third-party access to his activities within the platform. Stegos made use of Proof of Stake consensus protocol the UTXO model. Amazingly, all transactions excecuted through Stegos platform can't be traced, leak and reveal. Transactions on it exclude the receiver and this is made possible in a way that all transactions are sent with a different address rather than making use of the receiver address.

Furthermore, getting history of any transaction excecuted through Stegos is impossible and the reason for this is because transactions on it are excecuted in bulk. This is made possible through Snowball protocol that make the collation of transactions together and executing them as super-transaction. They are fully secured and anonymous even before their submission to any blockchain validator for their execution. Also, the value of payment done through Stegos is also private.

Stegos also made use of cryptographic commitments and also zero knowledge proof and both of them make it possible for the amount of transactions not to be visible to the public. This is quite remarkable and it shows how innovative Stegos platform is.

In a technical term, Stegos is usable with mobile devices and it is developed with cryptographic pruning which is a process of deleting any data on the blockchain which includes transactions information and other information that pass through Stegos ecosystem. And because of this, Stegos developers are working to make it usable on mobile devices in order to make operations within it more easier and reachable. Therefore, Stegos is the first among its colleagues that is highly super fast and scalable. Stegos runs a light nodes on mobile devices and uses will be able to earn token by staking with their mobile devices.

The process of mining Stegos is friendly ecologically and it is sustainable to the environment. Stegos developers understand the need for us to make our environment clean and this is the reason why they made the process of mining Stegos not to consume too much electricity.

Stegos is very fast and scalable as I have said before. The transaction per second of Stegos is in thousands. It is also made with cross-sharding atomic which guide against the possibility of double spending and this feature is one of the most remarkable features of Stegos.

Stegos as a highly confidential and private currency also allows peer to peer messaging and it ensures that all messages and chats are fully kept away from third-parties. So with Stegos, you don't have to worry if someone will be able to access your chats or messages. The Stegos app is very easy to use, fully integrated with Stegos blockchain and keep you away from those trying to pry on you. This article is just my thoughts about Stegos and for you to learn more about the project, you will have to go through Stegos website and whitepaper. You may also ask questions in their Telegram group.