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This project has been archived by Cardano Cube. A project will be archived when the direct link to their website or social media accounts are broken or if there is too little online activity from the project to still be listed. If you're the owner of this project. You can re-verify your project by contacting us.
We advise you to be cautious and 'do your own research' before interacting with this project. Flagged projects are labelled based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.
We advise you to 'do your own research' before interacting with this project. This notification is shown based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.
Spinada Cash is a completely decentralized protocol for private transactions on Cardano blockchain.
Spinada.cash is a completely decentralized protocol for private transactions on Cardano blockchain. It breaks the on-chain link between senders and receivers of Cardano native tokens on the blockchain. This gives complete privacy and security in a completely decentralized manner.
It uses a Zero Knowledge proof protocol known as zk-SNARKs , developed by the good fellows at Zcash, to ensure secure anonymous transactions of Cardano assets on the blockchain. It uses a Smart contract which accepts Cardano tokens and then allows anyone with a proof of knowledge to withdraw those tokens through the use of Cryptographic key notes. When a sender submits a transaction, he receives a Key Note and a corresponding hash is received by the Smart contract. When a receiver furnishes the right Key note, it is matched with the hash to output the corresponding submitted tokens.
