Stegos

Why Stegos?

Stegos is a completely private, confidential, and scalable cryptocurrency that’s friendly to the environment.

Stegos builds and improves upon other privacy coins and can be used to send payments and data with complete confidentiality. Unlike other privacy coins, Stegos is as a platform for building privacy applications.

Stegos uses the UTXO (coin) model and PoS (Proof-of-Stake) consensus.

• Leave no clue

Stegos is a platform for building privacy applications that uses the UTXO (Bitcoin) model and Proof-of-Stake (PoS) consensus. Privacy apps can be easily developed and downloaded from the Stegos App Store.

• Big Brother is watching you

Transactions in Stegos are unlinkable, untraceable, and completely confidential. Stegos makes it impossible to identify recipients of a transaction because transactions are directed to new and unique addresses.

• Untraceable

Stegos makes it impossible to trace history of transactions since many individual transactions are joined together to form a super-transaction. This is done in a secure and privacy-preserving way, before submitting the transaction to blockchain validators. Stegos coins are fully fungible!

• Confidential

All amounts in Stegos are hidden using cryptographic commitments and zero-knowledge proofs. Validator stakes and transaction fees are the only exception since these must be visible for blockchain validation.

• Small and Fast

Stegos is a fast and highly scalable blockchain and, unlike other blockchains, it’s kept small. Spent coins and consumed data are safely removed from the blockchain using secure cryptographic pruning. This breakthrough enables Stegos run on billions of mobile devices, for a truly decentralized blockchain. Stegos is the first and only blockchain that can run in your pocket!

• Scalable

Stegos uses transactional sharding to scale. Separate groups of Stegos validators keep the whole blockchain state but verify only a subset of incoming transactions, using cross-shard atomic commits to eliminate double-spending. This scalability approach lets Stegos process hundreds of thousands of transactions per second.