Haven is an untraceable cryptocurrency with a mix of standard market pricing and stable fiat value storage without an unsustainable peg or asset backing. It achieves this with a built in on-chain smart contract that controls the minting and burning of coins in a network of cryptographically unknown supply to facilitate value for users that choose to send their coins to offshore storage contracts while allowing everyone else to be exposed to the natural price movements of the currency. Offshore Storage Offshore Storage is Haven's built in smart contract/protocol that powers the stable value storage. In short, sending Haven to offshore storage (burning) records a reference on the blockchain to the current fiat value which can be restored later back into Haven by minting new coins to the tune of the current fiat value. The key use cases for offshore contracts are: Point of sales/payment gateway systems where goods can be bought with Haven and stores can immediately lock the fiat value in to protect from price fluctuations. This has the added benefit of keeping the stores business and income completely hidden on the blockchain as neither their wallet address or amounts are revealed. Storing large amount of money outside of the traditional banking system. Privacy focused cryptos are perfect for this but without a reliable way to maintain value through fluctuations the process of holding could be costly. Sending Haven offshore quite literally, makes money disappear until you want it back at which point the value remains intact. Untraceable | Hidden | Decentralized Haven uses ring signatures, ring confidential transactions and stealth addresses meaning payments cannot be tracked or linked back to any user. Wallet addresses and transaction amounts are completely obfuscated on the Haven blockchain making all activity invisible. The Haven Protocol is decentralized and open source meaning no central control over the network. Nothing is censored.
Quantstamp is a security-auditing protocol for smart contracts. As a apps platform, Ethereum has proven its security time and again. However, apps and smart contracts on top of Ethereum may still have bugs in which malicious players can cause havoc on the network. The two most notable examples of these being the $55 million DAO hack and the $30 million Parity wallet bug. These issues not only affect the people who’ve had their funds stolen, but they also diminish the credibility of the entire ecosystem. Quantstamp is making smart contracts more secure through automated software testing and a system of bug bounties. Although starting with Ethereum, the team is building the protocol to be available on any DApp platform in the long run.In an industry where security is a primary concern and bugs have caused the theft of millions of dollars, Quantstamp should help to legitimize blockchain projects and ensure that large-scale smart contract hacks are a thing of the past. Quantstamp held a successful ICO in November 2017 in which the team raised a little over $30 million dollars. They distributed 650 million (65%) QSP out of the 1 billion total supply to ICO participants at a price of $0.072 per token. After the usual post-ICO volatility, the QSP price stabilized at around $0.10 (~0.000005 BTC) through the end of November. The price followed the trend of the altcoin market and rose rapidly to an all-time high of $0.82 (~0.000051 BTC) before slowly falling to its current price of ~$0.286. The QSP price weathered the beginning of the year market downfall better than most other altcoins.