Aidos Kuneen

Aidos Kuneen ADK

$0.4545
Market Cap $ 11.363 MM (#471)
24h Volume $ 1.096 MM
Chg. 24h: -0.30%
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Aidos Kuneen project purpose and description

Aidos Kuneen clarity of purpose

Aidos Kuneen purpose and aspects

aidos demands no mining, is block-less and contrarily to Blockchains, gets faster the bigger it grows.

Aidos Kuneen additional differentiation against competition

Let’s face it: our financial privacy is in danger. Banks and governments not only want to keep records of how we spend and store our money, they are also prone to having those records leaked or using the information to enforce their power. This is where Aidos comes in: it is secure, private, and untraceable.

Aidos Kuneen categories

PaymentsPrivacyDigital currency

Short description

Aidos Kuneen is an open source project that focuses on privacy, decentralization and scalability.

Abstract

Aidos Kuneen employed iMesh. All transactions are directly referred by each others and forms DAG (Directed Acyclic Graph) structure. ‘SPECTRE’ makes full-nodes possible to determine which transactions are legit by the DAG structure. SPECTRE is resilient to attackers with up to 50% of the computational power, not 33%. For quantum era we employ a hash-based signature ‘XMSS’. Signature size and public key size of XMSS are relatively small. Zero-knowledge proof for post-quantum ‘ZKBoo (ZKB++)‘ is utilized for anonymous transfers called AKShuffle. For IoTs we introduce cooperative Proof of Work called coPoW. Each senders can do PoW together by coPoW. Finally we simulate the number of leaves in iMesh. We determine the minimum number of reference transactions to converge the DAG. This leads to faster confirmation time of transactions with minimum affects to the transaction size.

Link to Roadmap: https://www.aidoskuneen.com/
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