Hello #DAPSFam, Just an update mainly for the PoA Miners out there, but ultimately affectingRead More
DAPS is a globally located decentralized cryptocurrency project. Whilst DAPS is driven by a leadership team, the project is community funded.
DAPS currently has desktop wallets available for the most commonly used operating systems. Web and Mobile coming soon.
DAPS developers are constantly improving the wallets and technology. New wallet releases are done regularly.
DAPS has a support team in Telegram and Discord who are ready to help you with your technical questions.
At the time of mainnet release DAPS was the first of its kind to produce a PoW - PoS - PoA hybrid chain.
A coin should be designed to stand the test of time. At DAPS we solved the main flaws we saw in other leading coins available in the market.
Privacy is a human right and everyone around the globe has the right to keep their activities from prying eyes
We do not believe trusting the honesty of node owners should be the only backstop against malicious actions
No fancy inﬂation models, ﬂat emissions
RingCT or “Ring Confidential Transaction” is a way of mixing in a real transaction with a predetermined number
of fake transactions The Ring size determines the number of additional fake transactions that are added
This means that the actual transaction is hidden within a mixture of fake transactions and thus the true
transaction and its amount are much harder to discern.
Bulletproofs are short non interactive zero knowledge proofs that require no trusted setup A Bulletproof can be
used to convince a verifier that an encrypted plaintext is well formed For example, prove that an encrypted number is in a given range, without revealing anything else about the number Compared to SNARKs, Bulletproofs require no trusted setup However, verifying a Bulletproof is more time consuming than verifying a SNARK proof.
DAPS uses a dual key system to provide stealth addresses to obfuscate addresses. A public address is derived
from a private view spend key pair. A public address can contain optionally payment ID, which is usually used by exchanges.
DAPS uses the EC secp256k1 curve to derive public keys from corresponding private keys.
The short answer is that these 12 or 24 words are what you get when you translate from binary (the language computers use, consisting of 1’s and 0’s) into the language that you can understand, recognize, and (perhaps most importantly) remember. Cryptocurrency is a purely digital fortress of math. It would be strange and difficult if you had to read, copy, or type a string of 256 ones and zeros as your private key to claim ownership of some amount of crypto.
To make things easier and safer for all users, a standard system was developed with security in mind, known as BIP39, to conveniently provide you with a set of words, called your mnemonic phrase or mnemonic seed (both names can be used interchangeably).
In traditional blockchains and various "partial" anonymity chains, the users are exposed to analytics and malicious attack vectors. Many attackers / hackers around the world use this exposed data to exploit cryptocurrency users. We aim to preserve everyone's right to control their ﬁnances as they see ﬁt. DAPS merged successful and tested privacy protocols to create the most private blockchain to date.
DAPS has a trustless setup. This means that there is no need for any verification or elaborate setup in order to use DAPS.
Well poisoning is when people put illegal data into messages stored on the blockchain. Daps does not allow any messaging at all.
Consisting of the best in breed privacy protocols and a unique approach to emissions monitoring, this protocol is one of a kind.
DAPS enforces mandatory stealth from the start. Stealth addresses and transactions cannot be turned off.
DAPS Coin is proud to have a community of over 6000 active users and a total following of over 15 000. The project is community-driven and thanks to our supporters we keep on building the DAPS ecosystem.
DAPS has a strong and active community
DAPS is a fine project
I believe that DAPS Coin is currently the best form of privacy focused currency currently in existence
The only 100% untraceable and secure privacy coin. Join the best community
The best wallet
At DAPS the team and the community are constantly working on building the project, technology and community. Read more in our blog.