on the crypto
After almost a decade of evolution, the blockchain public funtains have been greatly improved from the technological point of view.
Thanks to the multiple alternative solutions that are emerging in the sector, the efforts are all concentrated in the continuous search for a balance between performance, safety e decentralization.
The blockchains must offer the maximum privacy protection, anonymity e ease of development. In light of this scenario, LinkChain, a Chinese public blockchain, technologically surpasses other cryptocurrencies in the world.
A privacy protection system supports completely anonymous transactions
Le anonymous transactions have always been neglected by the "Big" in the cryptocurrency sector: although Bitcoin and Ethereum maintain a certain privacy, all information on the flow of transactions is transparent.
In the event that the identity of a single address involved in any transaction is detected, the amount of the flow of all transactions could be monitored.
Although transaction addresses do not always correspond to the identity of the user, there are always other data that can reveal the identity of the owner of an address.
For example, if it is ascertained that Tizio sold 100 Bitcoin on a certain day, it will be child's play to trace the identity of the account looking for transactions of this amount in the period in question.
Also, all other people who have dealt with the address can also be monitored.
La protection of transaction privacy it is essential for personal safety and free competition. Consequently, no cryptocurrency is acceptable unless it allows anonymous transactions.
Unrivaled technological advantages
Although some anonymous blockchains are available on the market, their technologies are inferior to those of LinkChain.
LinkChain e Monero both protect the privacy of senders and recipients, thanks to Ring Signature technology, Ring CT e Bulletproof.
Unlike Zcash which uses zk-SNARK for privacy protection, LinkChain eliminates reliable initialization.
Dash only protects the privacy of senders by using the Coin Join, while it does not protect the recipients' privacy.
Based on the MimbleWimble protocol, Grin keeps anonymous senders using technology similar to Dash's Coin Join and, like Dash, does not protect the anonymity of the recipients.
All other cryptocurrencies that use the consent mechanism PoW (Proof-of-Work) present the following shortcomings: low productivity, weak consistency, risks of bifurcation and waste of electricity.
This is the real reason why all high performance public blockchains have adopted BFT algorithms such as the one used by EOS and the Facebook libra stablecoin.
A friendly environment for application developers
To be suitable for real business applications, a blockchain must offer a developer-friendly environment, in addition to the main features such as theanonymity , transaction processing capability.
LinkChain boasts two unique technologies in this domain. The first is the innovation of the multi-asset model. At the moment, the blockchains work on two asset models: the Account model represented by Ethereum and the UTXO model represented by Bitcoin.
LinkChain supports both models to allow users to manage their digital assets. Additionally, developers only need one type of "smart contracts" to serve both types of accounts.
