Greetings Friends;
We don't know what the future holds, and no matter how much we calculate and make estimates, it's practically impossible to predict the future. Even though we know this probability, it's inevitable for the human mind to try to predict the future or even categorically state what will happen later on. In that case, is it bad? Should we avoid projecting expectations? In a way, although it's a subjective answer, we can say that the foundation, or the beginning, is essential for any future projection. Therefore, there is no way for something to grow and develop without at least providing the necessary foundation that will serve as security for the continuity of any project or relativity. In other words, without an essence and motivation, we will get nowhere, and no matter how advanced the technology provided may be... without internal values, we will find a void, just like in some parts of the ocean.
Therefore, based on the above reflection, in this article, we will understand the meaning of Neptune Privacy(XNT) and why it's a project that was born out of the need to go beyond its ancestor(Neptune Cash), simply providing a complete ecosystem for payments, DeFi, agents, and services.
First things first; What is Neptune Privacy(XNT)?
Simply a layer 1 cryptocurrency project focused on privacy and resistant to quantum attacks that combines zkSTARKs(zero-knowledge in essence), Mutator Sets(a ledger that does not expose addresses, links, or transaction flows), and Triton VM(a virtual machine built for zk-proofs), where these three technologies interact in PoW consensus, providing a private, programmable ecosystem for all users and institutions seeking to scale their diversity. In practice, the project is essentially configured in the three prongs of a trident that determines its movement and attitude towards the crypto market and its development as a whole:
Private
Secure
Scalable
In addition to the description of the trident's prongs... these three characteristics move and connect in XNT like waves in the sea, intertwining with each other. Can you imagine? Another way of thinking about it's like the chemical composition of water, where
H- zk-STARKs - Secure
2- Mutator Sets - Private
O- Triton VM - Scalable
But what can we consider a Shield? According to the title of the Agreement?
Although abstract and reflective, we can consider a shield to be everything that determines the project's differential, and in this case, the technological and quantum aspect that has been becoming an agenda item over the last few years. On the other hand, we can also consider the strength of the community that can, on its own, embrace Neptune Privacy(XNT) as its choice and functionality, creating an idealistic vision of a shield.
Was a fork the Best Solution?
An initial reflection may already give you an idea of the reason for the Fork...
When a cake is made with its texture and flavor, is it possible to go back in time to try to change and alter its basic ingredients? Is it possible to remove the flour from the cake and transform it back to its initial stage after the cake is ready? Remove the eggs and put them back in their shells and close the egg? Thinking this way, it's as if Neptune Cash were a cake with its texture and flavor that, unfortunately or fortunately, cannot be changed, just like any blockchain created, and to change it, a fork is necessary, and in this case, we can associate it with a new “cake.”
In practical terms, Neptune Privacy(XNT) is based on the existing Neptune Cash source code, where, through technical adjustments defined and implemented by community members and miners, something different was born with the aim of taking the fundamental beliefs and objectives of Neptune Cash further.
However, the real reason for the fork was the issuance!
At this point, Neptune Cash has high emissions that also increase after three years, while Neptune Privacy seeks to improve and impose a model with decreasing emissions to provide scarcity and store value for early adopters, its community, and future users. So, to maintain the immutability of both blockchains, the fork was performed without the need for a consensus change in Neptune Cash, which would have ruined its blockchain.
Now do you understand how a fork occurs?
Is Privacy the Future?
Being a complex and relative topic, privacy will always be on the agenda of both supporters and opponents of this segment. However, privacy is necessary to keep users safe from attacks and long-range tracking, and although governments seek greater transparency, the possibility of security ultimately boils down to privacy. Correct? How can we have freedom and confidentiality in a completely transparent market? Living in the world we know?
Therefore, privacy shouldn't be debated, it should be necessary!!! And this XNT requirement supports...
Neptune Privacy Specifications:
Coin
Name: Neptune Privacy
Symbol: XNT
Consensus: zkSTARKs/PoW
Circulating Supply: 1,972,848
Exchange
Conclusion
In my opinion, XNT is a project that is here to stay and serve as an example for low emissions, proving that through this mechanism, scarcity is immediate. From a technological standpoint, its formation and configuration support the need for projects that are resistant to quantum attacks, a topic that is increasingly being discussed. Finally, what you really need to understand is that through its ecosystem, its users can perform completely confidential activities in a simple and intuitive way, using its features.
Practicality, technology, and possibility are what we look for in the world of crypto, and all of this is embodied in Neptune Privacy(XNT)
