Privacy Layer: ‘Banano Bites’ Episode 7: CAMO BANANO Light Wallet
BANANO is getting more privacy, and we now have a new desktop wallet supporting BANANO’s Privacy Layer: CAMO BANANO! The wallet release was already announced yesterday, now we’re complementing the release with a new ‘BANANO Bites’ Episode!
Released: CAMO BANANO Light Wallet
Privacy is a highly relevant topic for cryptocurrencies these days. There are situations where neither companies nor individuals want all of their information being publicly visible on a blockchain, in a way that it can be read without any restrictions by governments, family members, friends, or business competitors.
There’s currently a lot of experimentation about privacy features going on in the cryptocurrency world, and BANANO doesn’t only offer near instant and feeless transactions, but also is developing CAMO BANANO as privacy layer! After releasing CAMO BANANO Phase 1 before (announcement), we now release the CAMO BANANO Light Wallet which makes private potassium-rich transactions much easier! Learn more in this article or in the video below!
After releasing a fully functional phase 1 demo before, our core developer and privacy camouflagist Coranos is working hard to bring BANANO’s privacy layer, CAMO BANANO, to the next level. As a first step, he’s now released the CAMO BANANO Light Wallet, a desktop light wallet that can be used for both normal/basic BANANO transactions and also has full CAMO Phase 1 functionality. More details further below, and our video guy CryptoJitsu also created a very camo-y video explaining all this much more, with a special episode of ‘BANANO Bites’ — our educational video series!
As you can see, the CAMO BANANO Light Wallet makes CAMO transactions easier than the previously released Camo BANANO Web Interface. Give it a try! You also can use the new Light Wallet for basic (non-CAMO) BANANO transactions, learn more in this article.
What is Camo BANANO?
First of all, CAMO BANANO Phase 1 as described here and available for now allows for confidential transactions, but not for real privacy yet. At the current stage, Camo BANANO is the equivalent of opening 20 BANANO accounts on your BANANO Vault and using all 20 accounts to do transactions, meaning that any person you’d interact with only knows 1/20th of your stack. Camo BANANO allows to make this process easier (as kind of a manual mixer) and thereby in its Phase 1 adds confidentiality to BANANO transactions, and the CAMO BANANO Light Wallet makes usage at the current stage easier. However, CAMO BANANO is currently being developed further, and CAMO BANANO 1.19 will increase privacy further by masking the amounts. Learn more in this article.
More Links Related to ‘Banano Bites’
Previous ‘BANANO Bites’ Episodes
What the Fork is BANANO?
If you don’t know BANANO yet, it’s obviously perfect to read our animated, meme-rich and interactive Yellowpaper! No worries, it’s not boring at all!
BANANO is a cryptocurrency (forked from NANO in April 2018) powered by DAG technology — here to distrupt the meme economy. Yes, BANANO has memes! And also feeless and near-instant transactions, a highly active community, and active technical development! The BANANO community doesn’t take themselves too seriously, but we’re here for the long run and we enjoy what we do. A concise explanation can also be found here at Bitcointalk, or on our official website, and you’ll find help getting started at banano.how.
Importantly, BANANO is super easy to use and puts an emphasis on free and fair distribution and crypto education. Just try our slick mobile wallet called Kalium and get your first free $BANANO from one of our faucets within minutes!
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BANANO ($BAN) is a fee-less, instant, rich in potassium cryptocurrency powered by DAG technology disrupting the meme economy.