Official Executive Summary
Anonymous Bitcoin is an ambitious project; our main goal is to deliver a cryptographic medium of exchange that enables seamless, highly private, secure, and “anonymous” transactions.
Anonymous Bitcoin is not first to market. That has allowed us to analyze both the successes and failures of previous projects. Ultimately, our team strives to perfect the mistakes of our predecessors, bring down barriers to entry and deliver a truly Anonymous Bitcoin with additional features that will excite the community and contribute to a truly lasting economy.
We have selected the ticker ANON; this reflects our ethos, and reminds our stakeholders of the highest truth- that transactions truly are Anonymous.
Blockchain and cryptocurrencies have evolved dramatically over the past few years. Bitcoin (BTC) was the first real “brand”, and has since captivated the hearts and minds of all crypto-enthusiasts. However, BTC’s underlying technology has been around for ten years, and debates over its relevance and specific utility have emerged in the community.
Bitcoin has high fees, slow transaction speeds, centralized mining outlets and lack of privacy features that have created forking-opportunities like Bitcoin Cash (BCH) and Bitcoin Private (BTCP). Unfortunately, prior forks have fallen short of expectations, and herein ANON looks to excel.
We intended to accomplish wide Market adoption, exchange listings, deliverables, a strong community, and team professionalism. The Anonymous team has meticulously monitored each step of prior forks of both BTC and ZCL; we understand their mistakes.
Where others have faltered in their fork attempts, ANON will be successful. ANON’s superiority lies in its adoption of ZCL’s zk-SNARKs privacy technology — an MIT created privacy technology for transactions.
By coupling zk-SNARKs technology with masternodes, ANON is creating a hybrid between PoW and PoS by introducing staking and allowing both miners and masternode holders to be rewarded for their contributions to the network. A collateral amount of 100 coins will be required to maintain a masternode on the ANON network.
The distribution of the block reward will be 65% to the miners and 35% to the masternodes. The only way to participate in this fork and receive ANON is by being in possession of the underlying BTC and ZCL cryptocurrencies. Hodlers participating in the ANON fork will receive 1:1 ratio on September 10, 2018. The circulating supply at the time of the fork will be about 24M, the max total supply of ANON will be 31.5M.
A composite list of supporting exchanges will be announced by August 15, 2018. Multiple top five exchanges by total volume will be targeted for listing of both ZCL and ANON. The whitepaper, a “surprise” Advisor and a more detailed Roadmap will be available on AnonymousBitcoin.io prior to June 1, 2018. The site is currently live with information regarding the team, social links, and the project.
By announcing exchange support long before the day of the snapshot and having the development team funded for a year of work beyond the snapshot date, ANON is actively ensuring that holders are able to exchange and utilize their coins.
By analyzing past forks and their missteps, the Anonymous Bitcoin team has developed a technology-centered roadmap, a transparent development process, in addition to building the necessary network, platform, and relationships to ensure market adoption takes place. We all are ANON.
