What Is Alias?
Alias Coin describes itself as a privacy-focused cryptocurrency that features an energy-efficient proof-of-stake algorithm that provides rapid transaction confirmations, ring signatures for privacy and anonymity, and a fully integrated Tor+OBFS4 layer for IP obfuscation within the wallet. On 17 May 2019, the team implemented the Alias V3 hard-fork to activate “Proof-of-Anonymous-Stake” (PoAS), or ‘Stealth Staking‘. Anonymous staking is now live.
According to the team, actively developed, with a roadmap that prioritizes privacy, security, and decentralization, with features such as default stealth addresses, stealth staking, and low-power mobile wallet staking in their new Android wallet.
Alias Coin Storage Key Points
|Coin Name||Alias Coin|
|Circulating Supply||27,174,521.61 ALIAS|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
How Interest Works?
Alias Coin Proof of Stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age. In contrast, the algorithm of proof-of-work-based cryptocurrencies such as bitcoin uses mining; that is, the solving of computationally intensive puzzles to validate transactions and create new blocks.
Works the same in the Americas as it does in Europe, Asia and any other region of the globe. They can be sent and spent with blazing speed and the fees that are just a fraction of the fees on the Bitcoin or Monero network.
Alias Coin is purpose-built to achieve real transactional anonymity. They also comprises a unique integration of Tor to always protect your real IP when you run the software. Protecting your privacy is the core business.
No Bank? No Problem!
With so much of the world unable to safely manage their wealth in banks due to distance or not enough funds for a bank to care, cash like sets into that gap and allows anyone with a mobile device or computer to safely store and earn interest on their savings.
Alias Coin Fees to send and spend from your core wallet are a fraction of a “penny.” There is a dramatic savings in using over other privacy coins like Monero on top of being 4x faster.
In a nutshell: Every time you initiate a private transaction, a brand new random receiving address is generated on behalf of the recipient. This protects the recipient’s identity from anyone watching the network.
Safe & Secure
Alias Coin gives you total control over your money with an extraordinary level of protection against malicious actors. Well established, reliable and strong cryptography secures the transactions on the network.
Rewarded for Saving
Anyone running the software will earn interest on their holdings. On average one could earn between 7-11% per anum. They have also invented a way to also allow ‘private interest’ earning. leaving no public record of your private balance or earnings. Interest rewards are fixed at 2 for PUBLIC Staking and 3 for PRIVATE Staking per block plus generated fees.
Near Instant Transactions
Alias transactions are blazingly fast. The recipient will instantly notice the incoming transaction which then securely confirms in a few minutes. In comparison, Bitcoin transactions can take more than one hour to confirm.
Built on the energy efficient Proof of Stake consensus algorithm means the energy consumed to keep the network secure and working is significantly less than Proof of Work coins.
The Alias Coin team working on not here to get rich, but rather to provide a safe, private solution to personal wealth management and freedom from anyone or tech that could do harm.
One in six (1 in 6) block rewards will be designated DCBs and will be sent to the Alias team development fund wallet. This fund will ensure a future and will enable us to pay for certain services and to hire contractors and to pay Alias core team members to enable them to work full time on the project. They have some long term projects and concepts to implement as seen in the road map.