Spinada Cash

(SPIN)
(Last Updated On: October 28, 2021)

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.

Coin Details
Coin Name Spinada Cash
Coin Symbol SPIN
Coin Network BSC
Website
Telegram Channel
Twitter
Date Added October 25th 2021
Date of Launching November 3rd 2021
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