In the search for interesting projects on the Cardano network, I found one that can be very useful, if we are looking for the privacy that its blockchain does not have.

Thanks to SpinADA.Cash we will be able to carry out anonymous transactions on the Cardano network, and most importantly, in a totally decentralized way, by breaking the chain link between senders and receivers, thanks to the interaction with a Smart contract and the test protocol zero-knowledge code (zk-SNARK) developed by the Zcash team.

The way of working would be as follows:

When a sender sends a transaction, they receive a keynote and the smart contract receives a corresponding hash. When a withdraw provides the correct keynote, it is compared to the hash to generate the corresponding submitted tokens.

It was initially launched at the BSC, but its migration to the Cardano blockchain is planned shortly, as reported on its twitter profile. If we focus on their roadmap, we can verify that they are behind in their planned goals for this first quarter of the year, but these could be related to the difficulty that developers have had in implementing Cardano's Smart contracts.

For gem hunters, your native SPIN token has everything you need to become one, based on its current price ($0.01347), its 100 million maximum supply and the possibility of staking by participating in anonymity mining.

On paper, what SpinADA proposes is very interesting as well as necessary, but despite being a young project, it is about to reach the end of its Roadmap, with very little follow-up from the Cardano community. Nor did we find any information about the team that develops it, which may raise doubts that it will become a scam.

I personally hope they make it to the end of the project. I will closely follow its evolution so that we can benefit from its proposal.

Thank you very much for your time.

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