Private PEOS Transaction using a Ring SIgnature spotted, on EOS jungle test net using bloks.io eosio block explorer. This is the sort of t3echnical achievement few understand but which can cause a bull run.

in #peos5 years ago

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Here is a RING signature from a PEOS transaction one of the first spotted on the EOS Jungle test net, a big accomplishment for the PEOS team which has provided a LOT and is under a LOT of scrutiny! Well , I see this as getting to witness some of the first MONERO transactions....

More about this can be seen in the recent Medium post explaining a lot of these features soon to be released with the wallet
https://medium.com/@pEOS_one/introduction-71b9c55419b4

(And PEOS team has stated on their telegram httyps://t.me/peosone maybe once they release another update or the wallet, they will have a bigger reason to LIST on a new exchange LIKE Steem-engine.com )
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This new wallet design now has some evidence to support it, with a real PEOS transaction being spotted on the main net!

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And again here is a description of how these transactions will work on PEOS.

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Now mind you, there was a small RAM chip oin the bloks.io block explorer page, which means these PEOS transactions cost RAM, as the transaction fee, a very interesting concept but of course PRIVATE transactions are not FREE and will come at a premium, forcing users to buy RAM for the privilege

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I am still looking up the transaction ID 812223b8 AH Rob.vr just sent me the Transaction link on Jungle test net

https://jungle.bloks.io/transaction/812223b840a126cdff673d88269269de7aab409bc9c90092c0d4debd27f34b6c

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Seems like it cost 660 Bytes of EOS ram to sent that 10 + 77 PEOS ? perhaps thats just how much they paid and there is a sliding scale for how private you want it to be? Also i love that we have a jungle test net Block explorer on bloks.io
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Well to hear the more official explanation, wait for the ROB VR of @cypherglass who is a very helpful fan of PEOS, hanging out in their telegram, creating great videos about the wallet announcements. We will soon see a video about THIS transaction.

https://www.youtube.com/channel/UCnXofUeO5w1dO9JGWWDdqPQ
Follow Cypherglass and check their twitter https://twitter.com/CypherglassBP and his steem @cypherglass he joined April 2018

Imagine getting to learn about one of the first privacy coins, like back when i first tried to buy Darkcoin (Now dash) for fraction of a penny each, I remember trying to sync the Darkcoin wallet while at the Miami Airport on the way to Lima Peru in 2014, and I WISH I would have BOUGHt some of those coins, but I was trying to USE the actual wallet! Oh if I had just STUCK with my Gut and looked more into Darkcoin... something as simple as lag can change your entire destiny... WELL I remember watching both ETH and DASH flying up to $30 then $100 back in spring of 2017 and I also was lucky enough to get into PEOS fairly early about a month ago ..... and PEOS has taken a big step up, then a big correction... well you tell me what you think....

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https://newdex.io/trade/thepeostoken-peos-eos

Now many people are bullish many are worried about PEOS, but it seems like a classic REVERSE Bull Whip effect to me!
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Not sure if we can make the same comparison in "Manufacturing" but if we replace the factory with the ICO the distributor as the exchanges and the customers as the end user investors this could make some sense :)
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Instead of the "Warehouse" You can see it as the "exchange" or 'Whale Wallets" :D

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I believe what we are seeing is natural, and healthy and PEOS's promise lies in its privacy and ability to facilitate private exchanges. Imagine the privacy of Monero but the SPEED and smart contracts of EOSIO. We will need Privacy pools for private ram and CPU/Net delegation and its ALL coming... along with ideas for PEOS to allow pairs on EOSFINEX, a massive exchange that could have privacy AND big volume... This is just the tip of the ice berg.....

Here is Rob's video about the PEOS Wallet medium post which really did it justice, as the medium post had So many visual elements it Deserved a video like this! This is in my opinion the BEST place to learn about PEOS right now, rob's videos!

And to speak with Rob in the PEOS telegram go here https://t.me/pEOSone

Rob and Zack's EverythingEOS telegram https://t.me/Everything_Eos

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@promo-bot i never got my upvote

https://steemit.com/peos/@ackza/private-peos-transaction-using-a-ring-signature-spotted-on-eos-jungle-test-net-using-bloks-io-eosio-block-explorer-this-is-the

its been 2 hours

itr says last round already happened 10 mins ago, is my vote taking this many hours really?

AH correction, the upvote ios here! thank yoU! maybe it just took a while? Sorry i was just not use dtpo that! or maybe steemit.com was just delayed

@ackza purchased a 25.71% vote from @promobot on this post.

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