Hush Your Money
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Hush README
tl;dr — a practical, add-on privacy solution for UTXO-based networks
FORM : Scalable + Secure + Decentralized FUNCTION : Tokenized Assets + Smart Contracts FREEDOM : (Always-on) Private Transactions
BCHDEVCON3 Hackathon Winner!
Why Hush Your Money?
Because Privacy is normalToday, MOST privacy networks aim to offer their users a PERFECT privacy solution. Hush Your Money (HYM) aims to offer the MOST "practical balance" between Form, Function and Freedom — to deliver a family of the MOST widely accessible privacy networks the world has ever seen...
Incognito Network (Nito) is a cross-chain Supernet designed explicitly to meet the “everyday” privacy needs for 99% of users.
Nito uniquely offers Content Creators and Application Developers the MOST functionally capable Crypto network, with FULL support for BOTH Tokenized Assets and Smart Contracts on Layer 1+ (Plus), while offering uncompromising, trustless and permissionless financial privacy for their communities AT ALL TIMES.
Table of Contents
Navigate this README guide with the links below:
- Introduction
- You NEVER Go FULL Privacy
- (Transaction) Guardians
- Incognito Address Format
- Inscriptions: OP_DATA or OP_RETURN
- Commitment Centers: A Universal Truth
- Sharding: A 256-bit Scaling Solution
- Supernets: PoW Layer 1+ (Plus)
- CoinJoins: à la CashFusion
- Flux Cloud
- Counterparty and Protocol Discovery (CAPD)
- Ephemeral Database: ZERO Logs
- Mineable $HUSH
Introduction
Hush Your Money (HYM) is a project of pure passion; forged after years of frustration from ALL the broken promises of "fungible" crypto payments.
Choose from 1 of 3 convenient methods to Hush Your Money:
- Privatize YOUR assets AHEAD OF TIME using ANY HYM Club pool.
- Transfer ANY asset (in real-time) THROUGH ANY HYM Club pool.
- Transfer NITO assets PRIVATELY via ANY Incognito Supernet .
You NEVER Go FULL Privacy
Because Censorship is REAL!Unlike MOST privacy coins/networks, Hush DOES NOT aim for TOTAL privacy. Amounts and Participants are 100% hidden by default, and everything ELSE remains transparent; allowing for MORE PRACTICAL applications to be built on top of the network.
The #1 benefit of a non-TOTAL approach is that Incognito Supernet assets CANNOT be banned by Centralized Exchanges (CEXs); as it would require banning the Host asset as well. 100% of Incognito Supernet assets are available for trading on Decentralized Exchanges (DEXs).
(Transaction) Guardians
Guardians are a managed set of approx. 1,024 "Community UTXOs". Guardians are Wise Contracts that protect your privacy during the transaction process by masking:
- the Sender
- the Receiver
- the Asset Identifier
- the Transfer Amount
- the Sender's Location
PLease Note: Location (ie IP address) obfuscation is delegated to 3rd-parties (eg. VPN and/or TOR) providers. This is a FEATURE! Hush has been specifically designed to support the greatest number of Wallet integrations & compatibilities across the Crypto ecosystem. Hush aims to meet the primary needs for 99% of users, without sacrificing privacy!
Incognito Address Format
nito:nqtsq5g5sp33aj07d808w8xvv7kuarwcrv3z2fvskw2ej7dj
An address format that's very easy on the eyes.
Inscriptions: OP_DATA
or OP_RETURN
A compact data format is immutable stored on the Host network for EVERY Hush transaction.
04 NITO (protocol id) 20 921aa05b86a1bc9dc1d99583e2932657696e82cf9051219e3dccaeecfd463ee9 (nito tx idem) 14 875a1f6d7a6e33e27d61c43c26b70d4b8886f726 (aes read-ONLY key)
A compact data format is immutable stored on the Host network for EVERY Hush transaction.
Commitment Centers: A Universal Truth
Every transaction will update the Global (Merkle) Root using an "accumulator"; which offers an efficient variation on the standard Bitcoin-style Merkle trees.
Commitment Centers (CCs) manage the Unspent Transaction Output (UTXO) history.
Sharding: A 256-bit Scaling Solution
Commitment Centers (CCs) are sharded to maximum scalability.
There are at least 2,048 (sharded) CCs deployed across the network to offer maximum scalability on the host's Supernet . Additional CCs may be deployed to meet the growing needs of the Host's network.
Each CC is optimized to support at least 10x transactions per second (TPS). The total throughput, for all CCs, is estimated to be sustainable up to at least 20,000 TPS.
Additional CCs may be deployed to meet the growing needs of the Host's network.
Supernets: PoW Layer 1+ (Plus)
The Incognito Network (Nito) is specifically designed to run across multiple UTXO-style networks; specifically those Proof-of-Work (Layer 1) networks capable of efficiently running Supernets, like:
- Bitcoin Cash
- Kaspa
- Litecoin
- Nexa
- and more...
UTXO-based Supernets are the ideal technological platforms; offering a plethora of features and benefits, including:
- BigNum support for Zero Knowledge math primitives
CoinJoins: à la CashFusion
CashFusion is the leading protocol in production use on the Bitcoin Cash network since 2020.
Not every UTXO-based network can/will offer Supernet capabilities; so as a fallback to Incognito Network (Nito), CashFusion has been employed as a Pretty Good Privacy solution for each network's community of users.
Access to the protocol is permissionless, which makes it an ideal solution.
Please Note
As an alternative to TOR's anonymity network, Hush uses a Peer-to-peer Anonymity Relay Network (PARN) made up of the Guests themselves. The PARN offers an assurance to each Guest that the Club Server (on its own) CANNOT compromise their financial privacy.
Flux Cloud
Flux Cloud (ticker: FLUX ) is the most decentralized and fastest growing network in the world. Its peer-powered cloud computing network offers enterprise-level infrastructure for Incognito Network's MOST demanding decentralized applications.
FluxCloud is connected worldwide, across all continents. Its strongest Availability Zones are the EU and United States.
Although Flux Cloud will continue to offer users the MOST convenient gateway into Incognito Network (Nito); the long-term solution is to encourage ALL clients to utilize Nexa's (PoW-secured) CAPD communications network (at least as a fallback).
Counterparty and Protocol Discovery (CAPD)
https://spec.nexa.org/network/capd/A transient decentralized anonymous content-addressable messaging service that allows participants to to discover transaction partners and execute protocols with them.
Proof of work is used to discourage spam.
Ephemeral Database: ZERO Logs
100% of HYM Club data is stored in "ephemeral" data storage. Seeders and fast-sync allow Clubs to "spin-up" near instantly, ready to serve the community.
Mineable $HUSH
At least 50% of the Total Supply of $HUSH will be available for PoW token mining (or melted).