supertanglang / anoncoin

Anoncoin (ANC) is a peer-to-peer digital cryptocurrency that focuses on privacy and anonymity for its users. Created in June 2013, it is the first and only currency to have built-in support for both the I2P darknet and Tor network that conceal the IP address of the user.

The Anoncoin Project

Home | Installation | Developers | Project | Roadmap | Wallet | Mining

Overview

Cryptocurrencies like Bitcoin use public ledgers to keep balances correct between wallets. As Bitcoin and others are increasingly used, wallet addresses (and their balances) will increasingly be tied to real world identities.

Just like people prefer not to show others their bank accounts, they will not want this level of exposure on their cryptocurrency wallets.

A move to cryptocurrency which keeps sender addresses and balances are private is inevitable.

Anoncoin (ANC) is a peer-to-peer digital cryptocurrency that focuses on privacy and anonymity for its users. Created in June 2013, it is the first and only currency to have built-in support for both the I2P darknet and Tor network that conceal the IP address of the user. Anoncoin will soon be implementing Zerocoin, which will allow users to make payments anonymously, without revealing their anoncoin public addresses.

Comparison With Other Coins

Anoncoin was made out of necessity. Here is a chart of some of the features of Anoncoin and other comparable cryptocurrencies:

CURRENCY	SPEED	SCALABILITY	CONSENSUS	FEES	FUNGIBILE	BALANCE	SENDER	METHODOLOGY
Anoncoin (ANC)	?	?	proof of work (Scrypt)	none	yes	private	private	?
Bitcoin (BTC)	low (7 tx/s)	low	proof of work sha256	high	no	public	public	none
Dash (DASH)	high (public) low (private)	?	proof of work	high	?	private	public	CoinJoin
Monero (XMR)	low	low	proof of work (CryptoNight)	?	yes	private	private	Ring CT
Zcash (ZEC)	?	?	equihash	?	no (public) yes (private)	optional	optional	ZK-Snarks

Facts About Anonoin

ITEM	DESCRIPTION
Launch date	June 6, 2013
Consensus algorithm	proof of work (Scrypt)
Block generation	3 min block targets
Block reward	4.2 ANC for blocks until 42,000 7 ANC until block 77,777 10 ANC bonus block for 77778 5 ANC until block 306,600 halving of block rewards every 306,600 blocks (approximately every 638 days)
Max. coins	3.1 million ANC
Anonymity	Native support of the I2P and Tor darknets, Zerocoin in development
Pre-mine	4200 ANC returned to the community

For more information

Please join the community in the following ways:

Website: anoncoin.net
Wiki: wiki.anoncoin.net
Email: [email protected]
Slack: anoncoin.slack.com
Reddit: anoncoin
Twitter: AnoncoinNews, AnoncoinProject
IRC: #anoncoin (I2P: localhost:6668)