Topic: Staking + Privacy = Anonymous Passive Income (Read 524 times)

There are other coins that do it even PIVX can do that and they're far more popular than SpectreCoin.

There are many POS coins in the market, i don't find anything positive about the Spectrecoin, we know potential coins like NEO, ONT, KMD, Pundix etc. By holding we might get some of their coin which will help us to make some passive income.

stake of anonymous? Is it safe? I really do not trust anonymous things, because they can scam us at any time.
Is it different from PoS? and what is the level of bonus for each deposit? Besides, its volume is really low. How can I buy and sell it at a reasonable price?

i heard about this coin and some people said if this is a fork from monero
LOKI a privacy coin with Proof of stake and thats mean passive income, right ?

What attack I did?  Can you point it to it?  I have little ideas about Spectrecoin. Never used it, never talked to anyone that used it. Dont even know what is it used for.   I made zero attacks on anything. I stated what I know. And what I know is true.

Totally agree with this. I rather Hodl known coins then staking unknown coins.
It much promising then staking unknown coins, which the price could suddenly collapse or even worse,
you won't get anything from your main asset + your staking income.

Out of interest, why are you say anti Spectrecoin? Attacking it and comparing it to another project which was a scam (just because they were a fork of Shadowcash 2 years ago)?

If you present valid arguments and details to back up your attacks, I will listen, otherwise it’s pointless.

Better look into XSN if you really want to go low marketcap here. They've got WAY more to offer, made more tech in a shorter amount of time than XSPEC did, and is far far more promising looking forward. Not trying to hijack the thread, but seriously "Stealth Staking" sounds like such a cliché.

Stakenet (XSN) Invented Cold staking. Means you can stake while your computer is turned off using a merchant.
Stakenet is the 3rd project worldwide to implement lightning on mainnet, AND they helped Litecoin implement it actually. Source: https://litecoin-foundation.org/lightning-network-collaboration-with-x-9-developers/

XSN is developing their own Hardware wallet (VIPER) to compete with Ledger, Xeeda, And Trezor, who ALL support Stakenet on their devices by the way. Ledger and Trezor soon supports cold staking as well, which will enable you to cold stake from your cold storage devices.

XSN is soon launching their first ever lightning DEX, AND their "Stakenet Wallet" - (Multi currency lightning wallet) is actually in beta testing at this very moment. It has a 1-click lightning transaction feature + TOR-integration for privacy.

I can mention a LOT more, but all I'm saying is, that you've got to bring more to the table in 2019, than "Stealth Staking" to even compete with other altcoins.

Seeing this thread made me even more confident that XSN is undervalued to the point, where all it needs is a simple mention by a huge influencer, and it will do a 10x instantly.


Stakenet offers privacy, but it's not EVERYTHING they're focusing on, which is WHY it will succeed. Besides that, their whole infrastructure is running on masternodes, who will run the DEX, the Stakenet Wallet, and tons of other DApps and smart contracts. This will earn these masternodes TONS of fees, as a bonus on top of the block rewards.

I dont know. You tell me. Where did Particl succeed?  I have not heard anything of them.  Oh I see: Particl's RingCT & Bulletproofs going live (hardfork) in   It seems they are succeeding at copying Monero development

Shadowcash was a total scam. You can search this forum for it if you dont want to google about them.

The largest privacy focused cryptocurrency project has a market cap of less than $1.7 billion. If you think that's market saturation, you aren't aware how much fiat currency there is out there. Quality privacy cryptos will have another large growth spurt I'm betting. There will be a big rush into cryptos at some point, but many will learn how Bitcoin is NOT privacy focused and diversify at least a reasonable portion away into private stashes, as is reasonable. Nobody smart likes their account balances available for public viewing.

I like Spectrecoin because it protects the privacy of the sender, the receiver, their IP addresses, AND your staking rewards all while being energy efficient on a unique Proof-of-Anonymous-Stake consensus model. I'm not selling any XSPEC for awhile. Patience pays on quality projects if you look at chart histories. It's easy to say "I would have bought and held at the lows" after, but to recognize when something is worth buying when the charts look dead is the goal. I don't think Spectrecoin is the only privacy project that will do well, but it has a great set of features working together.

It's worth checking out if you like the benefit of anonymous passive income is all I'm saying. It works and it makes me smile every time I get private stake rewards. Now I just have to setup my Raspberry Pi so it's done more efficiently! Great way to secure the network and grow your stash without breaking the bank on mining equipment and high energy bills.

I recently invested in a coin with similar features. Privacy on zero-knowledge technology and built buy one of the founders of PivX but I am considering pulling out soon because it seems like privacy coins have saturated the market and people don't seem to be much interested anymore

Glad to see you’ve read the thread before commenting 

So what happens if the owner of this project dumps the whole thing and the price of the coin crashes ? The staking reward will lose value too?  I am not a fan of staking... It is even worse to stake the unknown coins. By the way,, you shouldve included what makes this coin unique and what it can do. If it has nothing unique and that is viable then it's definitely not a  coin worth buying.

If this is kind of new innovative way to hide your money then this will become popular especially with the new technology they are introducing there will be a lot of people interested to invest on this kind of project because you see when something new or unique have emerged from the thousand of Altcoins out there mostly people with right mine will choose to invest on the unique one. so Yes this will be a hit this year.

If it was total scam whe its successor Particl succeeded then?

SDC's code had its flows but it had strong fundamentals in its core

Its really fork of Shadowcash?

Nailed it

I am sorry, but this is not correct. Spectrecoin developers have developed a completely new consensus algorithm called Proof-of-Anonymous-Stake or StealthStaking. This is literally the definition of unique, as it exists nowhere else but in Spectrecoin.

As far as I know, Spectrecoin now is the only cryptocurrency that has functioning anonymous POS on a trustless setup.

Spectrecoin is not a unique cryptocurrency.
Dash, Pivx and Veil are anonymous cryptocurrencies that support staking or masternodes.
But is PoS really better for blockchain security than PoW?

Spectrecoin is a fork of Shadowcash. Shadowcash was a total scam.  For long there was opinion that there are same developers behind both projects. Have no ideas who that concluded.

This is average ROI among other staking coins... But seems they don't have good progress. For more than few years they have not been listed to any good exchange (

Main thing to know is that it ALREADY works, and from history of the project. You can see there were no ICO funds - so it is completely a community effort

Less promises and more product

 We Need to Close The Curtain Sometimes..! Tired Of People Looking Through My Window..!

The OP is definitely trying to pump his pet coin but the coin in subject is not a new coin cause it have in existence for about 2 and half years but it had a scam issue where some of the team scammed people then and I heard the CEO have sacked the people involved. But, I never try out the coin ever since the previous scenario.


Speaking of privacy to be scarce in the future. There's a huge possible that all privacy coins may not survive in the future cause the governments won't support every privacy coins and that's if we want cryptocurrency to go mainstream. Besides, I think that's the reason why Mark (facebook CEO) and team choose Libra coin to be centralized.

Minimum of 5% but all depends on the network weight. More like 10% at the moment

Anonymity is great!
And the most important thing is that it is technological.

How many estimated ROI here? This is not only one staking coin. There are a lot of staking coins. For example Tomochain, Pchain etc. have staking too. (I mean you don't need to launch masternode or supernode).

Sums it up perfectly. No marketing until they had the final product released which is how I’d rather it be

Spectrecoin (XSPEC) is the case when there is no marketing, but there is a great technology !!!
Here, they first make innovations, and then talk about them.

To some extent you are right, there is too much fraud in cryptography, marketing goes ahead of technology. How many anonymous projects do you know? Answer: enough fingers on one hand. And Spectrecoin will be among them.

There were times when they talked a lot about this coin on the forum. It turns out a funny situation when they talk and discuss - people think that this is an advertisement, and when a person first heard about this coin - he thinks that it is new ...
Guys, before you write your thoughts, analyze, see how long the coin is on the market.
I am sure that you will see the great value of this coin and a strong and wide-spread community!

https://trends.google.ru/trends/explore?date=2017-01-01%202019-07-03&q=spectrecoin,xspec

Absolutely love this project and have followed it since 2017.  All looked to be over in 2018 but then Mandica returned and completely revived the project to what has to be one of the best privacy coins for tech.

Honestly, just do a bit of research on Spectrecoin to find out how good it really is, you won’t be disappointed

Shoe Box Money..!  
https://giphy.com/gifs/PgiRTPZveoc0jkMotq

A very very saturated thing thats why anytime i do see a new coin which do promises out features then it turns out for it to be already a gimmicky feeling on my part thats
why i do mostly ignore things unless if there's some sort of support from the community which would spark out my interest and also to these new so-called anonymous passive income i dont know if this would work out well.

Yes, the news is very interesting. I am happy to watch this coin, I see that many say that anonymity will be the trend of a bull market.
I bought coins earlier and buy coins for myself now, the price is very favorable!

Spectrecoin is actually over 2 years old. The project just recently in May released their version of Stealth Staking. PIVX had stealth staking of zPIV for awhile and was first to market with anonymous staking rewards, but the recent Zerocoin vulnerability has forced the project to disable the privacy features. Still a great staking coin and they have done some great work and development.

I do have a good bag of XSPEC though, of course! The project has had its own share of problems, from the previous developer in 2017 making empty promises, as well as losing the main exchange for liquidity when Cryptopia shut down. But the current dev team has been actively developing for over a year now and XSPEC is listed on more exchanges than ever before. I'm just trying to get the word out as I would be interested if I just learned about it today. Staking + Privacy = Winning Investment in my opinion.

https://spectreproject.io/index.html

I'm a bit too ignorant about technicals to understand the first part of that statement, but I've been staking PIVX for a while now and it's been great so far.  I'm not sure how innovative the coin OP is talking about, but I do know the altcoin market is pretty damn saturated to say the least.  Any new coin coming to market right now would have to have some serious advantages over everything else that's out there.

Also, OP sounds like he's just trying to pump up his pet coin.  I've never heard of it before, and I'll bet I'll never hear of it again.  But hey, best of luck.

That much is true, and it's already becoming scarce in many ways, not just in cryptocurrency.

The project is interesting, the question is how much will be in demand financial privacy in the future and after what time it will come, the masses inspire "war is peace, slavery is freedom" few thinkers will see a lie in these slogans. As a result, privacy in the future will be a scarce commodity, but few will use it. The project needs to make a private bridge between cash and spectre. I'd be happy to make a mistake, but it looks like people are going down a simple and manipulative path.

Interesting part it was made on a trustless setup,
unlike PIVX

Looks like a PoS Monero with ability to stake undetected

Could be very popular when Privacy would mean much more in times of Goverment Banks Libra start to supress anonymous money transfers

Spectrecoin (XSPEC) is getting some attention on Uptrennd, and why not? It's the only cryptocurrency out of thousands with WORKING stealth staking with the newly developed Proof-of-Anonymous-Stake. Works great and I get anonymous stake rewards regularly now that I've converted my whole balance to private SPECTRE.

https://www.uptrennd.com/post-detail/xspec-project-worth-checking~MTk4MjI

https://www.uptrennd.com/post-detail/xspec-because-privacy-matters~MjA3MDk=?fbclid=IwAR0vjw_i-vpPVctVjjh2QRf2RJh7Bb6U-T5R8jrRH95YhOUQ4NetyGYPazY

Will this coin gain more attention, especially in countries where privacy is becoming more important and relevant than ever? Have you heard of Spectrecoin before and if so, what interests YOU about it?