MultiversX Tracker is Live!

ADA is now a mixable

All Cryptocurrencies

by COINS NEWS 74 Views

The Ergomixer is a non-interactive, non-custodial mixer in the cryptocurrency space.

A non-interactive application is permissionless. Everyone has the ability to use it without initiating a request. Imagine you came across someone who gave non-interactive high fives. They just walked about with their hand outstretched offering a high five to everyone they passed. This type of application empowers the user, it treats everyone the same. There are no special privileges, no compliance requirements, non-interactive applications are simply free and open to all.

The ergo mixer is non-custodial meaning at no point does another party hold an individual’s tokens. Originally mixing cryptocurrency was a service. A user had to send their tokens to a custodial party, who would then provide the service of mixing. Hopefully, the tokens that were sent were returned. As many of you know, there are often grifters who float about on social media offering all kinds of wonderful services without any intention of returning whatever you send them. Giving custody of your tokens to another party does come with risk. The Ergomixer eliminates that risk.

These are two principles of true decentralization that I would recommend to everyone in the cryptocurrency come to recognize, understand and use.

Why? Because these types of applications protect you, the user.

With the recent development of Rosen Bridge, an open-source protocol for cross-chain asset transfers, Ergo and Cardano are now connected. Cardano users can now mix rsADA and have a certain element of privacy in the transactions by concealing both sides. The fee is 0.01%.

In approximately 4 months, Rosen Bridge will connect Bitcoin, Ethereum, Cardano, Ergo and much more. All coins will be mixable.

Ergo is staying true to cypherpunk principles and i think this is what cryptocurrency is all about.

rosen.tech

https://github.com/ergoMixer/ergoMixBack

submitted by /u/supergeometry
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments