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Spinada Cash

SPIN
Launched On
2021-11-03
BSC:
0xe19a9626aef55e20400a3b82a25c003403e88b7f
Price$0.0007101115650921768
MarketCap$71,011.16

Live Price & Chart

What is Spinada Cash (SPIN)?

Spinada.cash is a completely decentralized protocol for private transactions on Cardano blockchain. It breaks the on-chain link between senders and receivers of Cardano native tokens on the blockchain. This gives complete privacy and security in a completely decentralized manner.
It uses a Zero Knowledge proof protocol known as zk-SNARKs , developed by the good fellows at Zcash, to ensure secure anonymous transactions of Cardano assets on the blockchain. It uses a Smart contract which accepts Cardano tokens and then allows anyone with a proof of knowledge to withdraw those tokens through the use of Cryptographic key notes. When a sender submits a transaction, he receives a Key Note and a corresponding hash is received by the Smart contract. When a receiver furnishes the right Key note, it is matched with the hash to output the corresponding submitted tokens.

Frequently Asked Questions about Spinada Cash

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Spinada Cash Rank
Overall rank22241
Daily rank17
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Spinada Cash Safety

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