Incognito Testnet is live.

Incognito
Incognito Chain
Published in
2 min readAug 9, 2019

Incognito mode for your crypto is coming.

We’re excited to unveil the Incognito Testnet. One step closer to a better, privacy-focused, safer decentralized web.

Choose your favorite way(s) to explore Incognito:

We’re also sharing our entire codebase — 12,000+ commits and 1M+ lines of code, the result of 15 months of work by 23 people.

Incognito Testnet

Incognito is a privacy-protecting, high-throughput proof-of-stake blockchain, made possible by the implementation of state sharding. Incognito takes a practical approach in designing and implementing its consensus mechanism, based on previous research and existing engineering by OmniLedger, Bitcoin, Ethereum 2.0, and Zilliqa.

Pure Proof-of-Stake

Incognito implements the more energy-efficient Proof-of-Stake (PoS) in lieu of Proof-of-Work. Anyone can be a validator candidate by staking Incognito’s native coin, Privacy (PRV). The minimum stake is currently 1,750 PRV. The beacon chain randomly assigns validators for each shard. Each validator has one vote. A block is considered a valid block if it collects more than 2/3 valid signatures from the validator committee.

1 Beacon. 8 Shards. 132 Nodes.

We started the Testnet with just 8 shards and will slowly increase the number of shards to 16, 32, 64, and 256. Each chain has its own committee. We started with 16 nodes per shard and will slowly increase the number of nodes. In total, there are 132 nodes (8 shards * 16 nodes + 1 beacon * 4 nodes).

Incognito mode for Ethereum

Incognito’s privacy sidechain can be attached to any blockchain to conduct confidential asset transfer. The Incognito sidechain runs parallel to main blockchains, allowing for secure two-way transfers of cryptoassets whenever privacy is needed.

For this testnet launch, we have built a noncustodial bridge to Ethereum. Now you can send testnet ETH, MKR, USDC, or any other ERC20 tokens privately. Try it out!

Questions? Reach us on Telegram or email us at go@incognito.org.

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Incognito
Incognito Chain

We’ve moved! Read more about Incognito mode for your crypto at: incognito.org/blog