Topic: Spectrecoin Introduces 'Stealth Address Staking' - An Innovation in Privacy (Read 521 times)

I’m literally so excited about the future of this project 

Proof of stealth also known as stealth staking will be implemented in Q1 2019. This basically means you can stake your coins and earn untraceable coins in return. This is a game changer for Proof of stake privacy coins. Pivx recently implemented their own version of stealth staking however the Spectrecoin version is vastly different as both coins have very different privacy features.Staking your Spectrecoin in your wallet will earn you approximately 10% per annum.

It’s nice to see a few recent articles being published about xspec. The new dev team and regular updates should hopefully bring back those who left the community earlier this year when all the issues occurred with the old dev.

Now it’s just onwards and upwards with the project manager returning and having a point to make.

https://www.coindesk.com/stealth-staking-privacy-coin-plan-mask-proof-of-stake/

CoinDesk article

A Small Crypto Coin Is Making Big Claims About a Private Proof-of-Stake

https://www.investinblockchain.com/category/cryptocurrencies-platforms/

Here is another article released on February 19th regarding these innovations. stay tuned for V 1.4 this month (February)

https://www.investinblockchain.com/spectrecoin-xspec-2018/

an article was released today regarding the innovations.

There is some truth in what you are saying. However, please note, that this is a project with pretty much 0 marketing budget at this point in time (hopefully will change once v 1.3.5 allows donating some staking rewards). Every little increase in adoption is due to a highly enthusiastic community, convincing technology and "bloody nuckles" from fighting against fudders and badmouthers. Sometimes the enthusiasm might go a little over board.

Yes, Spectrecoin is a POS coin, and soon to be an Untraceable POS coin. I have been staking for a long time and it has very much paid off. Certainly worth buying at this price. 5% inflation is the POS reward, but seeing as much less than half the coins in supply are staking, it is closer to 15%. 

is Spectrecoin a POS coin ? If the algo is POS then I will buy some fore sure. I have always like the stakes coins because you can increase your profit just by staking the coin but sure , you might just want to keep the coins at least 1 year to get that some extra coins.

Yes,  Spectrecoin (XSPEC) better, love it 

Trofo, I apologize on behalf of the SpectreCoin community for any unsolicited PM's you may have received, as well as posts in unrelated threads where mention of a specific coin unrelated to the thread would be inappropriate.  This behavior goes against our community guidelines, and quite frankly, our culture.  While it is not possible to control every community participant's behavior, we do actively and strongly discourage any spammy or unprofessional behavior or posts.

I would welcome a personal message from you indicating who is doing this, complete with screen shots, so the issue can be addressed at the source.

Guys, everyone decides what to invest.
Someone wants to work, and someone, just keep the computer and enjoy life.
Some believe in PoS and others in PoW.

I analyzed a lot and decided that this project is close to me, and I'm sure that the price will grow. But this is only my opinion.

All bright mood!

@Trofo

Less than a month ago everyone was complaining about the opposite with marketing. This project has been actively developed for a year sitting well below 0.50 USD. Whether you like it or not, the aggressive marketing got your attention otherwise you would've purchased at the less than $0.50 USD price its been sitting at for well over a year. And with how our tech sits revenant to other privacy based cryptocurrencies, a little 'aggression' was certainly necessary but not in the form of a signature campaign as Deep Onion has. This is strictly community driven. No hard feelings.

Uhm , this is a huge step forward right guys ? I have always watched the spectrecoin thread and updates and I was sure that somehow and somewhere this team will deliver top tech.

As the most advanced privacy based coin my guess is that it will skyrocket in 2018 to match up with monero. Anyone who needs private transactions will switch to xspec, and also those interested in a high returns investment!

Spectrecoin is in my radar too. I have attended their social media bounty. They are now calculating the stakes. So I'm happy to hear that they introduced stealth address staking. Privacy is always appreciated.

I have commented in green in your quote above but I will repeat myself here once more. I don't have anything against Spectre it seems like good investing opportunity from what I read about it which I admit is not that much. Only problem I have related to it is IMHO too aggressive marketing campaign and that is a reason why I will not invest in it. I could be doing it wrong but I feel much better if I find the project compered to situation where everyone around me is saying something is the best  

One of my favorite two coins are spectrecoin and monero. I both joined their bounties and presale period. stealth address staking is very important feature to have.

Thats terrible investment advice.

And Spectrecoin has every feature DeepOnion has and many more. Nor does the Dev control the majority supply. Don't compare the two.

Spamming by definition is:

irrelevant or inappropriate messages sent on the Internet to a large number of recipients.

I see the content here both relevant on a cryptocurrency forum and certainly profitable had you followed the 'Spam' you've received. This is grassroots community driven marketing. We aren't sock puppets and its a beautiful thing.

XMR meant to be the best privacy coin i am a big fan of this coin,but it needs more development as the new privacy coins rises,XSPEC is a good project a lot of potential and promises good future for its holders i hope the project would succeed like XMR.

Can't wait till this coin gets the marketing it deserves and then it will skyrocket.


Pssst. It's skyrocketing as we talk.

This exactly. There is a user I don't remember the name that has put the same Spectrecoin post across half the topics I am watching. And I even received PM about it form some newbie. To me that is clear spamming and I choose not to be part of that community. The same goes for Deep Onion.

The coin looks good on paper and private coins are very popular at the moment and if there wasn't such aggressive marketing I would have already invested in it.

If you look at the current and upcoming features for this coin you can see why there is a lot of buzz about it its going to be huge..

Current features
•    Sleek and easy to use wallet
•    Native Tor integration preserves network privacy, protecting users against surveillance
•    OBFS4 obfuscation protocol facilitates undetected use in Tor-blocked countries such as China and Iran (no other privacy coin offers this feature)
•    Ring signatures for transactional anonymity
•    Optional stealth addresses
•    Ultrafast 60-second transaction speeds
•    Encrypted passphrase
•    Low power staking yields a generous 5% per year in staking rewards
•    Partnership with Bisq – anonymous peer-to-peer cryptocurrency exchange (formerly BitSquare)

Upcoming features
•    Default stealth transactions for a more intuitive user experience
•    Innovative community-based voluntary funding mechanism
•    Stealth staking (first ever in crypto history)
•    Exclusive Ghost Protocol ring signature enhancement
•    Low power Android staking wallet
•    Stealth coin withdrawal from exchanges to preserve user anonymity
•    Encrypted chat
•    Trezor and Ledger hardware wallet support
•    SpectreCash small remittance Android app for peer-to-peer anonymous transactions

this is just the beginning...

Yeah, I'm a newbie account and I want to explain my reasoning. I've never really been on forums for crypto, I've always done my own research and trusted my gut when it comes to money. When I first came across this coin about two weeks ago, I noticed the tremendous potential because of the tech. I'm always a proponent of product first, then marketing. So I went on their Slack and saw the motivation behind the community to do everything they could to support the coin. Never before had I seen a group of investors support/help each other to this level. It seemed apparent to me the group was onto something, so I invested. We are all just doing our part in a community effort, please don't take it the wrong way.

The thread title in itself is exactly why Spectrecoin is significantly different from any POS cryptocurrency. Furthermore, no other cryptocurrency has the OBSF4 security which has already been implemented. Please read my post for the sake of a community that is based solely on grass roots marketing. Based on the facts, you are incorrect. I really don't mean to come off as rude here.

What is a concern to me is that all these newbie accounts created to spam this forum with Spectrecoin, I don't see anything new that this coin is introducing that other coins don't have, there is a reason why the coin as a relatively low marketcap because no one is using, and I believe come 2018 most of these coin will be surprised because they will be outdated

This covers a lot of why I like SpectreCoin. I hope Monero and SpectreCoin can coexist, sort of like Bitcoin and Litecoin, or gold and silver. They're both solid coins that fill different marketplace functions.

I agree that Monero and Spectrecoin can co-exist. Monero can be considered more as a store of wealth in the privacy sector, while Spectrecoin can be used for peer-to-peer transactions. I'm hoping to see both of these coins form a working relationship, similar to that of BTC and LTC.

Spectre coin always ahead in terms of tech and features. The future is very bright for this small privacy coin. Also looking forward to see Spectre 2.0 running. Everything very promising. Lets see how the devs deal with the marketing part... And we can be probably talking about one of the best privacy coins of the 2018.

Monero and Spectrecoin can definitely co-exist. I would imagine that holders of Monero see the potential in privacy coins, hence seeing another great coin at under $2 with amazing tech, they know what is possible with the price growth of it's baby brother :-D

Potentially regarded as the most undervalued ICO in history which now ranks 3rd in ROI having just passed Ethereum is Spectrecoin. When it comes to the supply production and privacy, mining facilities are hard to silence your electricity bill or the physical presence of your hardware. Spectrecoin has been private from the beginning, an ICO where funds were sent through stealth addresses and trusted escrow (OG Nasty - ‘the treasurer of Bitcointalk), which failed to raise enough funds to support development. A very welcoming, diverse and enthusiastic community has now tripled down to support development with a soon to be released wallet that will allow a staking for development donation slider. Now that distribution has remained private, this will now continue with the supply production of staking inflation.

Spectrecoin has already implemented obfuscation (OBSF4) into the wallet allowing the wallet to run without trace in TOR blocked regions (China, Iran, Saudi Arabia) and has recently announced via roadmap for early Q2 2018 that stealth addresses will become the default staking addresses. This innovation is quite mind boggling. Both the rich-list and the blockchain (which are already inaccurate), will become completely obsolete as we will know the supply production in circulation but will have no idea where the staking supply majority is coming from. This innovation will make history in cryptocurrency.

If you’re wondering where to pick this coin up, regardless of trading volumes over 500,000 USD per day, this coin will likely never see a listing on any centralized exchange that requires identification to make any withdrawal as it completely contradicts the primary purpose for this project to become the most anonymous cryptocurrency of all time.

Please join us on slack for any questions and inquires @jbg is lead developer behind the project. Jbg is extremely transparent when answering tech related questions on the spot. Discord has made a serious push in the last few weeks for marketing and will continue to do so.

Here are our links:

Slack: https://slack.spectreproject.io
Discord: https://discord.gg/5ujVjA
Telegram: https://t.me/spectrecoin

Updated Roadmap: https://spectreproject.io/roadmap/

Contact me @vvc in any of these channels and I will pay you in Spectrecoin for delivery of educational videos if you genuinely believe in this project and have something to deliver.

Please discuss any innovations in POS privacy focused currencies relevant to this subject. If you are a Monero fan, most of us are too, but a truly deflationary cryptocurrency needs to back a cryptocurrency subject to inflation to parallel lost supply and population growth. The two can coexist.