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Anoncoin (ANC) is a peer-to-peer digital cryptocurrency that focuses on privacy and anonymity for its users. Created in June 2013, it is the first and only currency to have built-in support for both the I2P darknet and Tor network that conceal the IP address of the user.
Just started a couple wording changes here & realized the tons of time needed to update our documentation. First I want everyone to know, Groundrod is looking forward to a return to this project. Spit & polish documentation part timer, Coder of sorts & will try to bring us all current as to how the Anoncoin blockchain has been doing, many years in the rear view mirror now. Can't stop wondering, how has the Difficulty Retarget PID controllers performance been? Stay tuned...
NOTE: Old, as yet unedited or updated material below
Overview
Cryptocurrencies like Bitcoin use public ledgers to keep balances correct between wallets. As Bitcoin and others are increasingly used, wallet addresses (and their balances) will increasingly be tied to real world identities.
Just like people prefer not to show others their bank accounts, they will not want this level of exposure on their cryptocurrency wallets.
A move to cryptocurrency which keeps sender addresses and balances are private is inevitable.
Anoncoin (ANC) is a peer-to-peer digital cryptocurrency that focuses on privacy and anonymity for its users. Created in June 2013, it is the first and only currency to have built-in support for both the I2P darknet and Tor network that conceal the IP address of the user. Anoncoin will soon be implementing Zerocoin, which will allow users to make payments anonymously, without revealing their anoncoin public addresses.
Facts About Anonoin
ITEM
DESCRIPTION
Launch date
June 6, 2013
Consensus algorithm
proof of work (Scrypt)
Block generation
3 min block targets
Block reward
4.2 ANC for blocks until 42,000
7 ANC until block 77,777
10 ANC bonus block for 77778
5 ANC until block 306,600
halving of block rewards every 306,600 blocks (approximately every 638 days)
Max. coins
3.1 million ANC
Anonymity
Native support of the I2P and Tor darknets, Zerocoin in development
Anoncoin (ANC) is a peer-to-peer digital cryptocurrency that focuses on privacy and anonymity for its users. Created in June 2013, it is the first and only currency to have built-in support for both the I2P darknet and Tor network that conceal the IP address of the user.