There was an accident in Tokenfi, which caused the project to be postponed for eight days. We are stepping up contact with the official and try our best to launch it as soon as possible. In the worst case, the project will be launched eight days later.
In order to compensate users, we have decided to continue airdropping rewards to the first batch of users when the tokens are generated, which will be carried out on the NEW official website
The NEW official website will be announced within 5 days, and the Mix-ZK protocol will begin to protect user anonymity and data structure privacy.
At the same time, after market reaction, we decided to extend the pre-sale period by 5 days to ensure that users can participate in staking mining and invoice coupon mining at the same time on the official website.
The NEW pre-sale has already started on @ Tkonefi
Let's first become holdersπ
Create a new anonymous race track
Pre-sale address @tokenfi official website: https://t.co/fPab7fH7gtπ
Very happy to announce that we will cooperate with @Tokenfi for public pre-saleπππ
Public Sale starts on Sep 19, 12:00 am
The pre-sale will be conducted on the tokenfi official website: https://t.co/fPab7fH7gt
been increasingly praised by the public due to its advantages such as decentralization, anonymity, fair autonomy, and non-tampering. However, with the explosion of the blockchain industry, more and more "privacy"-related issues have gradually emerged. On an open blockchain network, our activity data are recorded and made public. How to protect personal property privacy, data privacy, and even identity privacy is one of the focuses of future blockchain development.
As blockchain enters its second decade, more issues are discussed in terms of commercial applications. At this stage, Bitcoin is considered to be a valuable digital asset, but when it comes to "privacy" it is its sore spot...
Although Bitcoin does not show the true identity of the trader on the public ledger, the wallets, amounts, and time of both parties to the transaction can all be queried on the public ledger. Because of the traceability of Bitcoin, once an address is associated, all information related to this address can be exposed. Interested parties may be able to deduce the true identity of the trader based on the number of transactions, IP location and other information recorded in the public ledger. In a form of "pseudo-anonymity" like Bitcoin, once the true identity is identified, the open ledger is equivalent to showing everyone your bills, spending habits, wealth status, source of funds, counterparties, etc. This will cause many security doubts, whether it is asset information security or personal security.
Privacy protection is extremely important in many business fields. Today, a company may not want to reveal who its upstream and downstream customers are. However, by querying the company's transactions, it can guess the customer list. This actually brings great consequences to the company itself. A certain threat can be detected, and competitors can also gain some information from it. Or, you donβt want others to know how much Bitcoin, Ethereum and other digital assets you have, or even what Dapp you use, and what type of DAO you join... These can actually be inferred through transaction transfer records! Therefore, , the importance of βtransaction privacyβ cannot be ignored!
As more and more digital currencies are used, we might as well imagine a situation where you are buying clothes in a clothing store and when you show your digital currency wallet to pay, the clerk will also know your address; and both you and the store can Through the address, you can know the balance in the wallets of both parties. As long as the addresses of these digital currencies are searched on the main network of their main chain, you can know the transaction status, account balance, and asset flow status. This will be a huge problem in real life. privacy and security issues. With the rapid development of big data, cloud computing, artificial intelligence and other technologies, user data has gradually become transparent, and the issue of user privacy protection has received more and more attention, so NEW was born.
NEW proposed the Mix-ZK protocol, which combines the principles of "mixed data structure" and "zero-knowledge concise non-interactive knowledge argument (zK-SNARK)" while ensuring user anonymity, message transmission privacy, and data structure privacy. Using Mix-ZK protocol technology, we first developed a decentralized encryption certificate system NEW based on BSC. The code is transparently disclosed to the outside world and the resolution method is transparent. Smart contracts are automatically executed. It is completely decentralized while providing users with digital asset security and privacy solutions, creating A new transaction style that is decentralized, hidden, safe, shared, and mutually beneficial.
In addition to solving cryptocurrency privacy issues, Mix-ZK can also improve the efficiency of the network. Miners no longer need to re-execute the transaction calculation, but only need the other party to obtain a proof, which can greatly compress the amount of information and greatly increase the throughput of the network.
NEW has its unique value at a time when privacy issues are being taken seriously. In addition to its well-known commercial payment applications, NEW is also developing in the direction of a platform. NEW is committed to using various applications built on the platform to protect users' and data security. For example, when using smart contracts to handle bidding and bidding business, the transaction parties do not want the bid amount to be published on the blockchain so that anyone can check it before the auction and bidding are completed. The confidentiality of this information is very important in many business situations.
NEW can protect participant information from being leaked in some specific application scenarios, such as anonymous voting, payment, charity, auction, medical care, file storage, etc.
The pursuit of privacy protection behind NEW will be a necessity in the future to protect us from snoops in the digital age invading our personal privacy. The decentralized encrypted certificate system developed based on BSC will also be a brand-new system that subverts digital currency transactions. This is a digital currency trading market with a continuous growth of 100 billion US dollars. Supported by strong technical advantages, NEW is committed to ensuring the privacy and security of user digital assets and driving blockchain digital assets into the era of real value.
The core algorithm of #NEW is the Mix-ZK protocol, which combines the principles of "hybrid data structure" and "zk-SNARK" to ensure the anonymity of users, the privacy of message transmission, and data structural privacy.
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#NEW technology pays high attention to the protection of user privacy and is applicable to a variety of commercial fields, such as smart contract processing bidding, anonymous voting, charity, auctions, medical care, file storage, etc.
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Our driving force-Mix-ZK protocol pioneered by #NEW can truly realize privacy protection, drive the blockchain development into eras of renewed values.
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