The goal was to add Tor integration to the ShadowCash codebase, and further extend the concept of an anonymous currency to target remittances via a mobile application, using a system inspired by Hawala. To release the ICO funds through an escrow, the Tor integration part was completed and submitted a few days after the ICO had ended. You can use exchanges to buy and sell Spectre coins (XSPEC) for Bitcoin (BTC).
- More info can be found on the Pluggable Transports page of the Tor website.
- This is currently being developed for Android and later for iOS and other mobile platforms.
- To release the ICO funds through an escrow, the Tor integration part was completed and submitted a few days after the ICO had ended.
- SpectreCoin has inbuilt support for OBFS4 to use it with Tor Pluggable Transports.
- ”, which refers to a bug in the user interface that was left over from the old ShadowCash code and leads to the displayed balance not being updated after the start of the wallet, making it appear as “0.00”.
To lay a solid foundation for this great vision, we’re also aiming at improving and innovating on the basic cryptocurrency technology and making Spectre a solid and private general-purpose currency. Spectrecoin is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. CoinCarp does not currently have price data for Spectrecoin as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX).
A hard fork took place on May 17th 2019, enabling “stealth staking” a.k.a. PoAS (Proof-of-Anonymous-Stake), allowing users to stake coins anonymously, for version 3 of the Spectrecoin wallet. Sept 10, 2017, an ex-colleague of jbg, @brycel, joined the project as a cryptographer in order to improve the stealth transaction mechanism, so that it could be used as the default transaction mechanism in future versions. Brycel was initially paid by Mandica from her own pocket to work for 1 month. Spectrecoin is an anonymous, untraceable and un-linkable, energy efficient, Proof-of-Stake v3 cryptocurrency. SPEC also has an advanced hierarchical deterministic wallet (HD wallet) with multiple functions and configuration options. XSPEC coin is an anonymous, untraceable, energy-efficient cryptocurrency powered by the Proof-of-Stake v3 consensus mechanism.
Many cryptocurrencies today support connecting your wallet to other nodes on the network through Tor in some way. With these coins, other nodes are still addressed by their IP address, but each user has the choice to hide his IP address by routing his traffic through several hops on the Tor network, including one entry and one exit node. For example, the exit node can read the unencrypted traffic that goes from a node that uses Tor (A), to a node that doesn’t use Tor (B), and can act as a man-in-the-middle.
Spectrecoin (XSPEC) Community
Please make sure to check the SHA256 sum after downloading the file, to verify that it is not corrupted! To do so, launch a terminal inside the download folder and run the command “shasum -a 256 .zip”. Compare the hash sum with the one listed on the official download page. SpectreCoin was created in 2016 to improve on the concept of ShadowCash (SDC).
This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. If you are using a different Unix-based operating system (e.g. Linux), please compile the software on your own system using the instructions found in the Github repository. Sept 12, 2017, version xspec price 1.3.3 was released, which fixes some further GUI issues, and brings faster wallet startup and sync performance. In this section we will answer the common question of “How does SpectreCoin compare to X? Since April 2017, the ShadowCash project has been abandoned for a new project of the ShadowCash developers called Particl, which ultimately stopped the accusations of SpectreCoin being a ShadowCash clone.
The goal of the Spectre project is to develop tools for private financial transactions and private communication. Unlike other projects, we’re not only focusing on the “private transactions” part, that is sending money anonymously, but take a more holistic approach to protect the user’s privacy. Our goal is to establish a private payment ecosystem using mobile phones, similar to cash and inspired by Hawala and Localbitcoins. The mobile app will feature a chat, a wallet and a web of trust system to find good peers, all running over the Tor network to hide the user’s locations.
What will Spectrecoin (XSPEC) be worth in 5 years?
The Spectreproject comprises the anonymous, untraceable and secure cryptocurrency. The anonymous currency will be integrated with a mobile platform for small remittance, cash transfers. This is currently being developed for Android and later for iOS and other mobile platforms. SpectreCoin has inbuilt support for OBFS4 to use it with Tor Pluggable Transports. OBFS4 is an obfuscation protocol that hides the nature of the traffic that goes through it. By incorporating OBFS4, it is possible to use SpectreCoin even in countries where access to the Tor network is censored, like China or Iran.
Once Spectrecoin is live on an exchange, CoinCarp will provide real-time Spectrecoin (XSPEC) prices from different exchanges. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 750 exchanges. In SpectreCoin, all nodes on the network are operating as Tor hidden services. They are not addressed by their IP address, but by their .onion address which encodes a public key used for traffic encryption along with a way to find a route to that node.
They are free to use, you just need to make an account and deposit some BTC to the site. From Aug 20 to Aug 25, 2017, the community raised ~37,500 XSPEC and 1 BTC (which was about ~$4000 USD at that time) to fund https://cryptolisting.org/ development, which allowed jbg to quit his job and work as a full-time developer for SpectreCoin. An overview showing the statistics of Spectre, such as the base and quote currency, the rank, and trading volume.
Comparison with other coins
Furthermore, exit nodes could collaborate and prevent A (or any cryptocurrency user that tries to use Tor) from doing transactions altogether. Sept 11, 2017, wallet version 1.3.1 was released by jbg, which addressed a visual bug in previous wallet versions that had become known as the infamous zero-balance bug, because it made the users balance appear as zero. Furthermore, this release was the first to include a binary for Apple MacOS. A change to the stealth transaction mechanism was introduced so that the wallet allows for non-anonymous ring signatures with only 1 or 2 members. The reason for this was that at that stage, the network often did not have enough participants for ring signatures to do a full ring signature transaction. On the same day, version 1.3.2 was released that fixed a minor bug in version 1.3.1.
Therefore, it is impossible to accurately predict the price of Spectrecoin 5 years from now. ”, which refers to a bug in the user interface that was left over from the old ShadowCash code and leads to the displayed balance not being updated after the start of the wallet, making it appear as “0.00”. SpectreCoin features an energy-efficient proof-of-stake algorithm providing fast transaction confirmations and a fully integrated TOR+OBFS4 layer for network privacy almost anywhere in the world. Under the radar and approaching it’s one year anniversary the community believed it was time for a new thread to update and present SpectreCoin to more potential users. Sphectrecoin is a privacy focused cryptocurrency featuring an energy efficient PoS mining algorithm with fanstractions and a fully integrated TOR layer for total network privacy.