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RE: A Blockchain Free Cryptocurrency
Yobicash is a cryptocurrency based on DAG chain - without the scalability issues of blockchains.
Yobicash is a cryptocurrency built to secure the storage and sharing of data by ensuring the main properties of information security: confidentiality, integrity and availability. To enforce these properties, Yobicash employs cryptographic protocols, data replication, economic incentives and a DAG chain of transactions.
The cryptographic primitives and design are described by project designer Christian Nyumbayire in the Yobicash whitepaper first published in October 2017: https://yobicash.org/whitepaper.pdf
In summary, Yobicash reinforces:
- privacy through zero-knowledge proof and encryption
- data integrity through cryptographic authentication
- data availability through replication
To find out more, join the Yobicash chat: https://t.me/joinchat/AdtOLUQpI9uUG5bH326S2w