Thanks to all the valuable feedbacks!
Latest update:- We are pleased to announce that ACRE has been listed on coinlib.io.
https://coinlib.io/coin/ACRE/ACRE+COIN- We have made a request to coinexmarket.io to list Acre there, an exchange with 200 btc volume. Stay tune !
- Coinmarketcap has corrected our market cap and circulating supply. Ranking 903 for less than one month old coin, which is absolutely impressive. The 3 major team members in ACRE is working hard to head towards ranking 500 in CMC.
- We have received few emails from private investor and we have replied to them with our roadmap and upcoming property platform. We hope we will get positive feedback from them.
When's the launch of your platform? Is it now only private investors or did you already have your ICO?
The Alpha version of platform is available now. We have contacted few private investors & they are very interested with our project. Currently we do not any plans for ICO..Maybe in the future we might launch an ICO to collect more funds.
The masternodes are there to enable private transactions is what it says in your announcement, but you also say that everybody in the ACRE network will be able to see every transaction. Is it possible to also have full privacy?
good question.
Yes masternodes can be function as private transactions, but it doesn't mean that it is fully untraceable. Everything is depicted on the explorer.
This coin sounds interesting! Now cryptocurrency and Properties in one platform of trading. I can't wait for this to start. This is because I love the real estate business, the buying, selling, and or leasing properties. And this is very exciting because we use cryptocurrencies. I hope this gets launched sooner. Good luck to all.
Thanks ! Do you have any properties to be listed on our platform? We would be so excited if you could be the first few to use our platform.
Ok but then I believe I don't really understand how your system works? How can the transaction be private if it's fully displayed on the blockchain? Or will there only be some indicating parts?
What you have to understand about mixing in PrivateSend is that it is basically just a batch transaction. In many crypto's you can do transactions like these:
If User 1 has 3 Acre addresses and sends 0.10 Acre to 2 people, user 2 and user 3. This transaction can be done by sending:
Input:
0.10 Acre from Address 1 owned by user 1
0.07 Acre from Address 2 owned by user 1
0.03 Acre from Address 3 owned by user 1
Output:
0.1 Acre to address Y owned by user 2
0.1 Acre to address Z owned by user 3
In PrivateSend the amount you want to mix is broken down into portions of 1, 0.1 or 0.01 Acre. A Masternode just collects at least three users (user 1,2 and 3) that want to mix Acre in the same portion (also called denominations, in this example it's 0.1 Acre) and generates the following transaction:
Input:
0.1 Acre from address A owned by user 1
0.1 Acre from address B owned by user 2
0.1 Acre from address C owned by user 3
Output:
0.1 Acre to private address X owned by user 1
0.1 Acre to private address Y owned by user 2
0.1 Acre to private address Z owned by user 3
No one knows which of these addresses is actually owned by which user. Mixing usually does this process multiple times, called a round. Each round increases the number of possible owners of an address by the power of 3. Each round uses a different Masternode.
The project runs on a unique concept which has a experienced team.
Thanks !!
good looking project!
Thanks !!
Latest update:- We are now in Coingecko. Link :
https://www.coingecko.com/en/coins/acrecoin. CoinGecko is a cryptocurrency ranking website that gives a 360 degree overview of cryptocurrencies.
- Following our application to GIN for us to be integrated into their platform , GIN has just announced that we have been successfully accepted to their platform . ACRE masternode can now be deployed effortlessly.
Ok but I heard that mixing maybe be prone to statistical analysis attacks if someone is willing to invest a significant amount of resources. Is that true or how safe is mixing to keep privacy?