The Spectreproject comprises the anonymous, untraceable and secure cryptocurrency Spectrecoin [SPEC]. The anonymous currency will be integrated with a mobile platform for small remittance, cash transfers. This is currently being developed for Android and later for iOS and other mobile platforms.
Spectrecoin [SPEC] is an anonymous, untraceable and un-linkable, energy efficient, Proof-of-Stake v3 cryptocurrency. SPEC also has an advanced hierarchical deterministic wallet (HD wallet) with multiple functions and configuration options.
20,000,000 SPEC has been created in a 'genesis transaction' and 95% of the SPEC supply will be offered as an investment opportunity to the public up until 08/01/2017. This will help to raise funds to secure a highly skilled team to fully develop The Spectrecoin Alternative Remittance System which will bring value to SPEC. The team will also adapt and develop Spectrecoin to be the best anonymous cryptocurrency in the market today.
- Total number of coins: 20,000,000 SPEC
- Ideal block time: 300 seconds (5 minutes)
- Stake interest: 5% annual static inflation
- Confirmations: 6 blocks
- Maturity: 288 blocks (24 hours)
- Min stake age: 8 hours
- Ring Signatures for anonymous transactions
- Dual key stealth addresses
- ‘Zero Knowledge’ proofs
- Full decentralization
Based on the Shadowcash code base
A mobile platform in development that will use Spectrecoin only as a settlement currency.