CCX (Conceal.Network)

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What is CCX

Conceal.Network is a decentralized blockchain bank that permits users to send and receive funds, as well as messages, anonymously, and earn interest on those deposits. This is done using a public ledger, making the transactions “hack proof”. At Conceal.Network we believe real banking privacy is a right and we are paving the way to make that happen.

Decentralized Banking

Deposits from the backbone of the Conceal ecosystem, providing users with an egalitarian form of staking that earns interests on locked deposits. Conceal Investments provide higher interest returns for longer term holders.

Private Transactions

The transactions in the Conceal Network use a minimum level of ring signatures to obfuscate the origins and destinations of all transactions, ensuring they are untraceable and unlinkable.

Encrypted Messaging

A true decentralized, anonymous, untraceable, and end-to-end encrypted messaging service that operates on the blockchain while allowing messages that self-destruct. Future releases will include web and mobile messaging applications.

Privacy Oriented Cryptocurrency

Conceal is an open source privacy protected peer-to-peer digital cash system. It's untraceable and completely decentralized, without the need for a central server or trusted parties. Users hold the crypto keys to their own money and transact directly with each other in a secure P2P network environment. It has a decentralized banking system in its core and instant untraceable encrypted messages.

Block Rewards

Conceal has a very unique block reward scheme that increases to a max block reward instead of decreasing as in most other coins. This is because we do not want to penalize the late comers and reward only early investors. The emission is slow so this does not increase inflation by much.

Premine

Our premine is 6% of the maximum supply. The funds have been locked over a 5 years interval. Every quarter (3 months) a batch of 400k CCX is released to cover operation expenses, exchange listings, marketing and to pay collaborators.

The premine belong to the community as this is a community project. Through collaboration anyone can earn CCX by helping the project grow and evolve. The team is only managing the premine as they manage the project. In fact this wiki was made by community members and they were paid in CCX for making it. People can also get CCX for applying to the CCX Labs and running their own projects in the conceal network environment. As we speak projects are being made by the community and funded by CCX premine.

The users can also check how the premine is spent here:

https://explorer.conceal.network/index.html#funds

There is also verification to show how much funds the project wallet holds at each given time. We try to be as transparent as possible.

Premine batches unlock dates: