Spectrecoin XSPEC to Constellation DAG Exchange

Crypto Pair Details: XSPEC to DAG

Spectrecoin XSPEC

SpectreCoin (XSPEC) is an innovative privacy-focused cryptocurrency, featuring an energy-efficient proof-of-stake algorithm that provides rapid transaction confirmations, ring signatures for privacy and anonymity, and a fully integrated Tor+OBFS4 layer for IP obfuscation within the wallet. Spectrecoin is actively developed, with an ambitious roadmap that prioritises privacy, security, and true decentralisation with features such as default stealth addresses and stealth staking, and low-power mobile wallet staking in our upcoming Android wallet. Spectrecoin can be exchanged on several exchanges. The goal of Spectrecoin is to combine a blockchain with a tokenized ring-signature scheme to build a system of anonymous digital cash. The ring-signature scheme used here was first introduced by Shadowcat, and is now being improved on by the Spectrecoin developers. For network-level privacy, all nodes communicate exclusively within the Tor network via hidden services. The priorities of the Spectrecoin project are on privacy, technical soundness and simplicity. The Proof-of-Stake consensus method is used to provide environmental friendliness, decentralization and transaction speed. The project is built by a professional team and around the open participation of its community members, development is funded through an innovative staking-reward donation system and voluntary direct funding.

Constellation DAG

What is DAG? In more traditional blockchains, the host provides the food/drinks (i.e resources) for this party. And when the guests arrive, the amount of resources can only accommodate so many people, the portions are small and then everything eventually runs out and the party ends. Think Constellation DAG like a potluck (a party where everyone brings food/drinks). With every added guest (node to the network), the more resources the party has to keep going. This is the nature of Constellation, a distributed system that scales horizontally. Is Constellation a Blockchain? Not exactly. Although inspired by the principles of decentralization, many standard blockchains such as Bitcoin and Ethereum face scalability issues. This is why the next, generation of decentralized networks such as Hashgraph, IOTA, and Constellation have turned to DAG. What is a Microservice? “Microservices” is an approach to application development in which a large application is built as a suite of modular services. Each module supports a specific business goal and uses a simple, well-defined interface to communicate with other sets of services. Uber, for example, is not a singular app purse. It is a unified app which means it is a single interface that brings together their driver app, their rider app, and their corporate team app.

SOURCE: COINGECKO

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