What problem does this service solve?

DAPS wants to create a privacy-focused blockchain that will improve transaction times and security.Stealth's goal is to create a decentralized payment protocol with improved privacy and transaction speeds.

Token Stats

Company Description

DAPS, which stands for Decentralized, Anonymous, Payment, System, is developing a privacy focused cryptocurrency. It is currently an Ethereum-based token, but they are planning on releasing their own blockchain to host the project. DAPS uses the Harpocrates protocol to allow users to send and receive DAPS tokens anonymously. DAPS was previously associated with PeepCoin project, but a disagreement between the developers of the project, ended plans for an airswap of the two privacy focused cryptocurrency projects.

Stealth is a cryptocurrency focused on privacy and and speed. The Stealth blockchain has a Quantum Proof-of-Stake (qPoS) consensus mechanism that is designed to enable almost instant transactions with improved privacy. Validators on the network are assigned a short quantum of time to validate transactions. The protocol combines two types of blockchain ledgers, for different types of transactions, to improve validation speeds on their platform. The network is powered by the XST coin.

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