Anonymous coins are hot, BrockCipher goes live

BrockCipher
8 min readJul 8, 2022

The outbreak of the Russian-Ukrainian war has ushered in a wave of shocks in the currency circle, and anonymous coins have also recovered recently. ZEC and DASH have been blasting in the these days, indicating that the anonymous sector has begun to receive attention.

The surge in anonymous tokens, in addition to the Russian-Ukrainian war, may also be related to the cryptocurrency involving sanctions warning issued by FinCEN some time ago. Generally speaking, local hot spots appear, and anonymous coins hope to be sustained.

Under the current situation, many investors plan to enter anonymous coins, but the mature anonymous projects that are currently popular have extremely high value. The current entry is not only risky, but also has unstable returns.

The entry of BRP, the native token of the BrockCipher public chain, provides investors with a valuable opportunity for gaming.

What is BrockCipher?

With the maturity of blockchain technology, the application scenarios of blockchain are becoming more and more extensive. BrockCipher tries to combine blockchain on-chain and off-chain to form an anonymous blockchain ecological environment, which can ensure privacy and security on the premise of further realizing point-to-point value transmission.

BrockCipher is a decentralized blockchain public network, focusing on creating decentralized ecology and privacy and anonymity functions. BrockCipher is designed with security, compatibility, and scalability in the first place. Through modular architecture, zero-knowledge proof, encryption mechanism and bifurcation mechanism, a blockchain anonymous network that is constantly evolving, easy to use, and moderately customized is created.

BrockCipher contains the native currency BRP, supports smart contracts, and has a privacy protection mechanism for smart contract token transactions. Any developer can develop an application that meets their needs on BrockCipher according to the application scenario.

BrockCipher utilizes zero-knowledge proof technology to enable completely anonymous transactions to be sent over a public immutable blockchain. The facts of the transaction are recorded on the ledger, but the sending and receiving addresses and the amount sent will not be disclosed to the public, two-way encryption is realized, and the instant communication function is integrated on the client side, which can not only use anonymous addresses to achieve cross-platform tokens Transfer, but also use the zero-knowledge proof mechanism in daily peer-to-peer (P2P) communication to achieve a high degree of privacy communication, which can achieve encrypted communication across platforms. This allows BrockCipher to provide its users with privacy while still enjoying the benefits of a decentralized, permissionless digital currency.

What are the unique advantages of BrockCipher

Full ecological high compatibility

The ecological development of major public chains is in full swing, but there is no anonymous public chain in the market that can anonymize its ecology currently. Even if Monero uses ring signatures, Zcoin uses zero-knowledge proof methods to achieve anonymity, but due to the underlying technical framework, there is no way to realize various ecosystems suitable for market applications. BrockCipher has remodeled the entire underlying framework and challenged the entire ecosystem, realizing the perfect combination of various ecosystems and anonymous transfers, including but not limited to anonymous Social networking, anonymous gaming, anonymous issuance of stablecoins, etc.

Stealth

A trustless environment and anonymity are equally critical to the wider adoption and use of blockchain. We naturally want to keep our finances and transactions private. In order to achieve the effect of anonymous transactions, the BrockCipher technical team has introduced a zero-knowledge proof protocol, which protects the privacy of the assets and addresses of both parties and solves the problem of on-chain transaction privacy without destroying the original blockchain characteristics. question.

Stealth address

Stealth addresses are an important part of BrockCipher’s inherent privacy. They allow and require the sender to create a random one-time address for each transaction on behalf of the recipient. A payee can only post to one address, but all of its payments go to a unique address on the blockchain, where they cannot link to the address posted by the payee or to any other transaction. By using stealth addresses, only the sender and receiver can determine where the payment is sent.

Public and anonymous dual accounts

The BrockCipher anonymous transaction module implements two sets of account systems, one is an public account and the other is an anonymous account. The public account is the default account of the BrockCipher platform, and the anonymous account is an account system based on the zero-knowledge proof protocol. When users create a BrockCipher account, they will have a private viewing key, a private spending key, and a public address. Spend is used to send payments, View is used to display incoming transactions to accounts, and public addresses are used to receive payments. Both the spend key and the view key are used to build the BrockCipher address. Users can have a wallet that is only visible to them. This feature can be used for accounting or auditing purposes. Users can decide who can see their BRP balance by sharing the viewing key. Private by default, and optionally translucent!

When using the BrockCipher wallet, sending BRP is as simple as entering the destination address, amount and pressing send. To receive BRP, just provide the sender with a public address. Except for the transaction parties, no one can know the transaction recipient and the transfer amount, which ensures the privacy and anonymity of the transaction recipient.

Token Economics at BrockCipher

BrockCipher issues BRP native tokens with a total amount of 21 billion. No additional issuance, continuous destruction. BRP will be used as the cornerstone of the entire ecology to circulate in the entire ecology until the total remaining 2.1 billion. When the entire public chain ecology develops benignly, no matter whether companies join BrockCipher or just the needs of users’ investment, the demand for BRP will rise sharply.

In order to avoid the expansion caused by additional issuance, BrockCipher will periodically repurchase and destroy the BRP circulating in the ecosystem, and finally burn from 21 billion to 2.1 billion, in order to create an extremely deflationary currency model. The relationship between supply and demand affects the price, the supply of BRP tokens decreases, and the price will rise under the condition that other conditions remain unchanged. To a certain extent, the destruction mechanism of BRP can encourage holders to continue to hold or add purchases, thereby creating a virtuous cycle.

There are super miners and super contracts on the BrockCipher chain. Super miners and super contract people are elected by the miners of the whole network. The votes are counted every 1 hour and changed every 1 hour; only the latest vote is recorded, and the previous ones will be overwritten; the super miners who get block rewards and voting rewards pass the burning 1 million BRP can apply to become a super node. burning BRP is to prevent malicious behavior of nodes.

In the first two years, BrockCipher’s daily block output distribution was about 66.6 BRP, and the output was halved in the third year. The daily output was distributed to miners as block rewards and voting rewards.

BrockCipher Ecological Construction

Privacy protection is a strong need for both individuals and organizations in the real world. BrockCipher supports Turing’s complete smart contracts and various related privacy components, and can support the expansion of different economic ecosystems. Starting from the BrockCipher system, the issuance and control of anonymous assets will no longer be exclusive to a few geek organizations with profound knowledge in cryptography. Ordinary developers, as long as they have relevant business needs, can issue their own assets on the BrockCipher chain. Anonymous assets to establish their own privacy ecology, which greatly expands the scope of application of blockchain privacy protection related technologies.

Creation ecology

Social autonomy DAO

BrockCipher operates itself through the DAO (Distributed Autonomous Organization) governance model. Under the framework of smart contracts, the community conducts DPOS voting through smart contracts to achieve governance of the project.

Bottom remodeling

BrockCipher recompiles the code based on the underlying technologies of Monero, zcash and tron, and perfectly combines the anonymous technology of Monero, zcash and the ecological application of Tron, which is a new upgrade to Monero, zcash and tron. While ensuring the scalability of the entire block network, it also speeds up blocks to optimize block production efficiency.

Ecological support

BrockCipher introduces a developer team to provide official technical support for excellent projects; implements an incentive policy to reward bug submitters to reduce code and technical bugs; officially publicize excellent projects, provide publicity support, and maintain user volume. BrockCipher advocates the blooming of multiple fields of ecology on the chain, and provides technical support in multiple industries and fields such as finance, games, medicine, and consumption, and realizes the prosperity of ecological coexistence on the chain.

Mid-term planning

Stablecoin BRU

BrockCipher plans to issue the stable currency BRU on the public chain, and strictly abide by the value balance of 1BRU=1USDT. Provide traders with low-volatility digital assets and lay the foundation for the flow of ecological assets.

NFT ecological construction

In the subsequent NFT construction, BrockCipher is not limited to introducing well-known 3D games, Hollywood film and television projects, and creating a vertical NFT ecosystem. BrockCipher has a built-in NFT decentralized transaction protocol and establishes an NFT exchange, covering all BrockCipher anonymous ecosystems.

 BRP Delian League

Cross-chain transactions, asset exchange

BrockCipher will gradually be compatible with well-known public chains such as Ethereum, Binance Smart Chain, TRON, Polkadot, etc., to realize on-chain interoperability between BRP assets and mainstream public chain assets.

A fairer DeFi system

“Let finance open, let assets be unbounded.” BrockCipher is committed to creating a truly anonymous decentralized financial system and realizing the freedom of digital assets. Not only provides DEX with a transaction speed of seconds or even milliseconds, but also DEX applications can enjoy the user pool and cross-chain assets brought by the BrockCipher community consensus mechanism, as well as the transaction requirements brought by other peer-to-peer payment applications. Based on the open, autonomous and inclusive features of blockchain finance, BrockCipher creates blockchain financial application scenarios from various aspects, so that the advantages of blockchain technology in asset freedom can be maximized.

BRP Anonymous Alliance

BRP-XMR atomic exchange system

After BrockCipher has established a stable and multiple ecosystem in BRP and has become a highly valuable public chain currency, it will cooperate with Monero to introduce an atomic swap system, establish an atomic swap system of BRP-XMR, and even establish an atomic swap system with BTC, ETH, etc. atomic swap channel for coins.

Anonymous ecological construction

BrockCipher focuses on protecting user privacy and reshaping anonymity, and will spare no effort in the construction of anonymity ecology.

Conclusion

As people’s demand for privacy protection continues to increase, anonymity technology will continue to improve, and more coins with better anonymity will appear in the future. BrockCipher can be said to be a brand-new upgrade to Monero, zcash and tron. It has excellent compatibility with the ecology of most public chains and is expected to become another trending project in 2022. Under the circumstance that the price of the popular anonymous currency is already high, BRP is a good choice for entering the anonymous currency, and it is worth looking forward to.

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