🔏Untraceable Sending

Untraceable Sending

ZeroWallet's Untraceable Sending stands as an example of how privacy and security are prioritized in digital transactions. This feature guarantees the confidentiality of your financial transactions allowing you to handle your digital assets freely without concerns, about surveillance or monitoring.

Ensuring Privacy Through Advanced Cryptography

1. User Initiation

When you as a user start a transaction in ZeroWallet by indicating the amount and recipient, the process kicks off. For every transaction ZeroWallet generates a one time address to bolster security and privacy. This helps in preventing linkages and tracing of transactions.

2. Advanced Cryptographic Techniques: Ring Signatures and zk-SNARKs

ZeroWallet employs two cryptographic methods to secure transactions: ring signatures and zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge). Ring signatures mix your transaction with others, making it virtually impossible to identify the original source. zk-SNARKs further strengthen privacy by allowing the transaction to be verified without revealing any sensitive information about the parties involved or the transaction amount.

3. Transaction Mixing with Ring Signatures

This function combines transactions into a group forming a "ring" of signers. For a viewer it becomes difficult to distinguish which transaction originated from which individual, thus safeguarding the confidentiality of your actions.

4. Optional Use of zk-SNARKs

Opting for Additional Privacy Measures For individuals looking to enhance their privacy ZeroWallet offers the choice to utilize zk SNARKs. This technology produces a validation proof, for a transaction without exposing any details. The network verifies this proof to guarantee the transactions integrity and confidentiality all while keeping the identities of the sender and receiver as the transaction amount, undisclosed.

5. Ensuring Anonymity with Ring Signatures and zk-SNARKs

By merging the advantages of ring signatures and zk SNARKs, ZeroWallet establishes a system for transaction privacy. Regardless of the method selected the primary goal is to make it challenging computationally, to trace back transactions to their origins thereby safeguarding user anonymity.

6. Transaction Confirmation

Following completion both you and the recipient will receive confirmation of the transaction. Importantly this confirmation procedure prioritizes privacy, by ensuring that identities remain confidential. This level of anonymity proves vital for users who value discretion in their transactions.