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What is Incognito about?

incognitoPosted for Everyone to comment on, 5 years ago2 min read

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The System

The above image may seem a bit technical. It depicts the system we are building to create a decentralized privacy network for crypto storage and transactions.

You can read all the technical aspects of the system in the whitepaper.

How will you benefit from the Incognito Network?

There are different ways you, as cryptocurrency holder or holder to be, can use the Incognito network.

As a User

If you value your privacy, you can use the Incognito Wallet app, to store, send, receive your crypto tokens. Transactions performed on the Incognito network are private. There is no open ledger people can check to view your account history or details of your transactions.

As a Token Issuer

It is very easy to issue your own token on the Incognito network. A token for your club, project, game, and so on, created in seconds.

As a Validator

Become a validator. The Incognito network will be a decentralized network with validators all over the world. Validators earn crypto tokens from producing blocks and processing transactions.

You become a validator by running a node. This can be either a virtual node, or a physical node. We refer to the physical node as the Node.

The virtual node, is most likely to be run by the more tech savvy people. You have to run Incognito software on a VPS or dedicated server.

The Node however, is for everyone. There is no technical knowledge needed, the Node is a plug and play device. All it needs is power and an internet connection. Once activated, it will earn crypto tokens for you. Imagine earning crypto tokens while you sleep.

More Info

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