Dear #PRCY Family, As promised, first three months of financial reporting is available. Since we started in December 2020, and it was promised 3 months, so an “interim report”. The next report will therefore appear at the end of June…
Dear #PRCY Family, Working 24/7 and we stack collaboration on collaboration, today another respected company, all these companies first do a team research before they start working with #PRCY, and every time we get through it gloriously. Today, Delta Direct…
Dear #PRCY $PRCY Community We are now listed on CoinMarketCap! CoinMarketCap is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with…
Dear #PRCY Family Another Milestone, #PRCY Coin is listed on Lunarcrush https://lunarcrush.com/coins/prcy/prcy-coin
Coin Allocation
Privacy first
Reliability
Big Partnerships
Usability
Our Cryptocurrency Vision
Cryptocurrencies are becoming part of the life of each of us; PRCY aims to provide the best tools to be able to keep and use funds in the best possible way. None of us want some prying eyes to have access to information such as: economic availability, transactions, amounts, who we pay or who we receive money from.
Based on these ideas PRCY is a completely anonymous cryptocurrency. We invest heavily in the research and development of new functions and in the signing of new partnerships.
We believe that a winning project needs a solid community on which to rely, and from which ideas can continuously come to improve every day.
Passive Earnings
PRCY offers several passive incomes options to choose.
Passive Earnings
PRCY offers several passive incomes options to choose.
RingCT or “Ring Confidential Transaction” is a way of mixing in a real transaction with a predetermined number of fake transactions The Ring size determines the number of additional fake transactions that are added This means that the actual transaction is hidden within a mixture of fake transactions and thus the true transaction and its amount are much harder to discern.
Bulletproofs are short non interactive zero knowledge proofs that require no trusted setup A Bulletproof can be used to convince a verifier that an encrypted plaintext is well formed For example, prove that an encrypted number is in a given range, without revealing anything else about the number Compared to SNARKs, Bulletproofs require no trusted setup However, verifying a Bulletproof is more time consuming than verifying a SNARK proof.
PRCY uses a dual key system to provide stealth addresses to obfuscate addresses. A public address is derived from a private view spend key pair. A public address can contain optionally payment ID, which is usually used by exchanges.
PRCY uses the EC secp256k1 curve to derive public keys from corresponding private keys.
The short answer is that these 12 or 24 words are what you get when you translate from binary (the language computers use, consisting of 1’s and 0’s) into the language that you can understand, recognize, and (perhaps most importantly) remember. Cryptocurrency is a purely digital fortress of math. It would be strange and difficult if you had to read, copy, or type a string of 256 ones and zeros as your private key to claim ownership of some amount of crypto.
To make things easier and safer for all users, a standard system was developed with security in mind, known as BIP-39, to conveniently provide you with a set of words, called your mnemonic phrase or mnemonic seed (both names can be used interchangeably).