Typhoon Network - Private transactions, on Binance Smart Chain

Typhoon is a dApp built on Binance Smart Chain with the goal to establish a privacy-centric system on BSC and bring it to mass adoption. In a time where everyone leaves a trail of information online behind, it is becoming harder and harder to truly stay anonymous. Due to the public nature of blockchains, this became even more difficult as everything done is permanently recorded and viewable by everyone. Typhoon solves this problem by utilizing zkSNARK and zero-knowledge technology to enable private transactions on an otherwise public ledger

STO/ICO Status

Status
Upcoming
Symbol
TYPH
Start Date
2021-03-26
End Date
2021-03-28
Hard Cap
2,000,000 USD
Initial Price
0.50 USD
Token Supply
4,000,000
STO/ICO Website Owner of Typhoon Network?
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Basics

PlatformBSC
TypeBEP20
AcceptingBUSD/EGG, Others
Circulating Supply20%
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

Typhoon is a decentralized, fully on-chain implemented, project to enable private transactions between 2 wallets. It does this cleverly by somewhat taking on the role of proxy, but on cryptography steroids. Typhoon utilizes zkSNARK, a novel form of zero-knowledge cryptography. zkSNARK makes it possible for users to prove possession of information, without actually revealing that information. When depositing money into Typhoon, the user generates a random secret and submits a part of it (a hash) along with the assets into the smart contract. In order to then withdraw that deposit again, the user has to provide cryptographic proof that he is indeed the owner of a secret to an unspent deposit. All without revealing the secret he holds to the public blockchain, thanks to zkSNARK!