ZeroCT coming to NavCoin for enhanced privacy
NavCoin already offers some basic privacy but recently, a new request for Zerocoin support (ZeroCT) has been added as pull request on Github. To send a ZeroCT transaction, user will have to pay 1 NAV per transaction and it can also be spent in these denominations – 1, 5, 10, 50, 100, 500, 1000, 5000.
The team will be doing an AMA on February 12th 2019 at 7 PM GMT, so if you have any questions about ZeroCT implementation on NavCoin, feel free to chime in your questions in this thread on reddit.
Here are some of its other features.
* Adds support for Zerocoin Mint and Spend operations
* New type of
address to anonymously receive coins
* Deterministic private address
generated from master private key of the wallet
* Use of GMP for Bignum
operations
* Use of threading for Mint and Spend verification
* Witnesser
thread for pre-computing of coin witnesses
* Monitoring of public and private
coin supply
* Staking with private coins
* Calculation of staking weight
based on private coins
* Fees collected from public transactions are
accumulated and only earned by public coin stakes
* Stakes using coins from
the private pool earn in exclusive accumulated fees from private
transactions
* New default data folder: NavCoin5 / navcoin5
* Testnet uses
testnet4 to store chain data.
* Old NavTech functionality and references are
removed
* GUI-level integrations of private transactions functionality
*
Encryption of the obfuscation parameters for encrypted wallets
* New rpc
commands:
* `getprivateaddress`
* `privatesendtoaddress`
*
`dumpprivateparameters`
* New daemon arguments:
* `-enablewitnesser`:
enables witnesser thread to precompute coin witnesses (default true)
*
`-witnesser_block_snapshot`: count of blocks to snapshot and backup witnesses
value
* `-witnesser_blocks_per_round`: count of checked blocks per
witnessing round
* Includes libzerocoin test units