Alias (ALIAS) - Previously Spectrecoin

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Spectrecoin (XSPEC)- now Alias (ALIAS) is a privacy focused cryptocurrency that uses ring signatures and stealth addresses, via stealth addresses, to anonymize transactions. The project, launched in 2016, is a not-for-profit entity based in United Kingdom. The project is overseen by the Spectrecoin Development Fund, which has four members. Current board member Eirik Korsell is the project’s founder.

Research and development in the privacy token space has been growing, as it is coming to be learnt that Bitcoin is not as private as initially believed. Spectrecoin (XSPEC) is one of many privacy tokens in the market, many of which use other privacy preserving solutions to hide sender and recipient identities, and transaction amounts. As is increasingly the case with privacy focused networks, Spectre allows users to make both public and private transactions.

Spectrecoin (XSPEC) achieves privacy through its use of ring signatures, which pools transactions together to obfuscate the origin, and stealth addresses, which are essentially disposable addresses. Spectrecoin is much newer among them and attempts to justify its worth through its energy efficient consensus algorithm, among other features.

The consensus algorithm is a key aspect of the project. This “Proof-of-Anonymous Stake” algorithm lets users remain fully anonymous while staking coins. The network also has TOR+OBFS4 integration, adding a further layer of privacy by routing traffic across the TOR network. One other noteworthy feature is that the network a dual coin system, one each for private and public transactions. XSPEC is the public token, while SPECTRE is the private one.

Medium to long term plans for Spectrecoin (XSPEC) include Android wallet development, cold staking and improvements to privacy.

In this tag, read Spectrecoin (XSPEC) news, price predictions, opinions and analyses created by users.


ALIAS - Your Choices Reflect your Success. Choose to Save with Privacy!

28 Feb 2025 4 minute read 1 comment Eddyc

Greetings Friends; Every move and every step in our lives guarantees that positive or even negative, situations will arise depending on our choices and it is these that will guarantee the success we so desire. Focusing on the world of cryptocurrenci...

set up alias to quickly check your public ip address instead of going to whatismyipaddress.com for linux debian

14 May 2023 1 minute read 0 comments logderman

will be the alias we want setupnano ~/.bashrc #or whatever text editor you use ----------------------------------------------------------------------------------------------alias vpnworkingcheck='dig +short myip.opendns.com @resolver1.opendns.com' #...

Reflecting on the word pattern - Eponym

27 Sep 2022 1 minute read 0 comments Alther

Fried chicken is probably preferred by almost everyone around the world. So many types of various forms of cuisine, this one was developed to be present, not just known as fried chicken. One example, such as the shape of fried chicken coated with sea...

Alias: Managing your investments and your security

16 Aug 2022 2 minute read 0 comments Eddyc

Greetings Friends;     It's been a while since I've written and now I'm back to write about Alias, a project that aims to exalt privacy and strengthen your intentions in accumulating and profiting from your investments. Therefore, the main objective...

(JaiChai) "Vaughn - Alias TV Series" (Digital Fan Art)

20 Feb 2022 1 minute read 0 comments JaiChai

  Here's me as "Vaughn" from the TV series "Alias".   "Vaughn - Alias TV Series" - 3D Crypto Digital Art - 2D .jpg     Alias is an American action thriller and science fiction television series created by J. J. Abrams, which was broadcast...

Spectrecoin becomes Alias

1 Oct 2020 3 minute read 2 comments Alias

Alias Privacy has a new name! We are today formally announcing that ‘Spectrecoin’ has undergone a brand evolution to become ‘Alias’. This milestone is a significant move for the project and the team. We will now start the next part of our mission to...

July 2020

1 Jul 2020 5 minute read 0 comments Alias

Welcome to the July 2020 newsletter! We are still super excited about the upcoming brand evolution of Spectrecoin. Naturally, over the last month, the majority of the work has been around branding and marketing. The newsletter this month, therefore,...

Join Spectrecoin

6 Jun 2020 1 minute read 2 comments Alias

Time to step up and take this opportunity to join an exciting privacy project! I’m sure most of you have heard that Spectrecoin is re-branding, with an appropriate marketing campaign to follow. With our marketing partner, we are now asking the whole...

June 2020

6 Jun 2020 2 minute read 0 comments Alias

Welcome to the June 2020 newsletter! We are super excited to announce that we have finally agreed on a new name for the upcoming brand evolution of Spectrecoin. We are also making some serious progress on getting the full mobile wallet completed and...

May 2020

6 Jun 2020 8 minute read 1 comment Alias

  Welcome to the May 2020 newsletter! We have some exciting news and updates this time. We have just released Spectrecoin 4.2 with a range of important upgrades. This is the first major release since October 2019 and a lot of work has gone into maki...