Announcing the Airdrop and Release of Bitcoin Confidential

SmartCash News
Dec 10, 2018 · 3 min read

Bitcoin Confidential is new, untraceable digital cash brought to you by the team at SmartCash.

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First announced more than six months ago, Bitcoin Confidential addresses the need for a fully fungible cryptocurrency requiring all transactions to be shielded and private. Unlike Dash or ZCash, Bitcoin Confidential will be fully fungible and provide full transaction anonymity for all transactions, ensuring a truly fungible blockchain where all coins will be worth the same. Bitcoin Confidential is based on the latest Bitcoin codebase for maximum compatibility, uses a Proof of Stake consensus algorithm, and utilises Monero’s RingCT approach for fully anonymised transactions. For a full list of features and answers to frequently asked questions regarding the project, please visit the Bitcoin Confidential website.

Bitcoin Confidential Airdrop for SmartCash (SMART)

The total supply is estimated to be 8 Billion, and the snapshot and wallet release will determine final specifications. All SmartCash treasury addresses are excluded from this airdrop; there are currently 750 Million eligible SmartCash which will provide an airdrop of 7.5 Billion Bitcoin Confidential. This will be the only airdrop to determine the initial supply and genesis block unspent transaction set.

Make sure you have your SmartCash coins on wallets where you control private keys to participate. We urge all users to verify they have access to their SmartCash private keys before the snapshot deadline.

Supported wallets include the SmartCash Web Wallet, iOS, Android, Node Wallet, Electrum Wallet, Paper Wallet, Atomic Wallet, Pungo, and Coinomi, which are available on the SmartCash Wallets page. Be sure to move your coins to a wallet, as tipbots and exchanges do not allow you to export your private keys.

24/7 support is available at the Bitcoin Confidential Discord Server.

Where to get SmartCash

Claiming Your Bitcoin Confidential

Security Reminder: This process will require you to handle your private keys. NEVER share your private key or mnemonic phrase with anyone else, and keep it safe and secure. We will never ask you for your private key, so do not share it under any circumstances. You will only need to use this to sign a transaction directly on the new Bitcoin Confidential wallet. Consider moving your original SmartCash coins to new addresses after the snapshot is completed, in order to follow best practices for security when handling any private keys.

Bitcoin Confidential Links

Website: http://bitcoinconfidential.com

Twitter: https://twitter.com/btconfidential

Reddit: https://www.reddit.com/r/bitcoinconfidential/

Discord: https://discord.gg/bwZqdGn

Telegram: https://t.me/bitcoinconfidential

Announcement: https://forum.bitcoin.com/post238438.html

Summary (pre-whitepaper): https://smartcash.cc/wp-content/uploads/2018/12/Bitcoin-Confidential-29-5-2018-v7.pdf

About SmartCash


Originally published at smartcash.cc on December 10, 2018.

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