DAPS Project - DECENTRALIZED - ANONYMOUS - PAYMENT - SYSTEM
DAPS Project
DECENTRALIZED - ANONYMOUS - PAYMENT - SYSTEM
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The DAPS Project is working on a completely anonymous cryptocurrency called DAPS. It's focused on security and privacy.
Their foundation is derived from other privacy projects like PIVX and Monero. To find a solution for the "Trust Issue", DAPS has created a method called Proof-of-Audit.
The name for this mix of features is called "The Harpocrates Protocol".
DAPS will have several ways to generate coins:
- Masternodes
- Staking
- Proof of Audit Miner
The emission per year is roundabout 551M DAPS a year until the total amount of 60B ( Initial amount ) + 10B ( Emission ) has been reached.
All in all the DAPS Project is a very diligent project. They will release its main-net in the second quarter of the year.
Source: https://officialdapscoin.com/wp-content/uploads/2019/05/whitepaper.pdf
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I think concept of privacy will be so important for people in the future. Because many people who don't track or record by any government system
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Security and Privacy were not present in the crypto world before DAPS beginning. This project seems quite promising and best to adopt as early as possible because they are going to launch mainent as well which is beneficial for many of us who can double their money by buying some stakes.
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DAPS Project seems to be a very interesting project in order to :
It's the problem now for the public about bitcoin, people think that it only serves to buy or sell illegal things. Trust is important. I'll will read the whitepaper to know more about it.
Thanks for sharing it @fennestral
Decentralization is the future as it give you ultimate privacy and security. Banking system keeps record of your transaction which is always risky, DAPS project is a perfect payment system that keeps you anonymous and doesn't save any data.
Decentralized and anonymous? I really hope so. In this era of continuous technological innovations, I do not really think any payment system can be anonymous. It will only take a geek to dig deep. However, I think the idea behind the project is a cool one.
That's why they have created the Proof-of-audit mechanism to have a "decentralized observer", that protects from malicious attacks.
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maybe another cryptocurrency like bitcoin ? with more security i think :) i like the name of mix protocol The Harpocrates Protocol .. I wish them best of luck for their Daps Project .
good hunt buddy i hope it will be beneficial for many hunters here ...
Another core erc-20 Privacy centred crypto claim it will be completely untraceable, looking at it look promising let see how projects go in the nearest possible future. Great hunt
The aproject itself looks cool. What people prefer now a days is security and privacy so i hope that they can make security and privacy tgeir preference. I will keep following the project.
Thank you for cool hunt.