Bonded validator systems, Masternodes are a series of servers that underpin a blockchain’s network.
Masternodes accommodate nearly instantaneous transactions.
Masternodes allow for users to make and receive anonymous payments.
Masternodes adjudicate and vote on technological and financial developments for the blockchain.
10000 LOBS are required to set up a masternode.
Public ledger’s Vulnerability
Blockchains based on public ledgers are vulnerable to hackers and authorities, making them inefficient mode of transactions.
Unless all governments accept cryptocurrencies alike it would remain a question whether to be a known party to online transaction or not.
Countries specific have their autocratic rules and regulations to control the flow of money. Even genuine flow of money costs a lot let alone the scrutiny.
Pre-required permissions from centralized agencies whether government or banks or any third party.
Keeping money governance and wealth management in your own hand.
Zerocoin (Disabled currently due to vulnerabilities)
Secure Cryptographic Techniques
These techniques allow users to conduct transactions on the base currency network while receiving strong mathematical guarantees that the transactions cannot be traced having zero knowledge proofs
Non Reliance On Central Coin Issuer
Since no single trusted party operates the Zerocoin system, attacks on Zerocoin must take on a substantial fraction of the base currency network.
Built On Top
It is widely distributed among all the base currency peers, ensuring that the system can remain available even when many nodes are compromised.
Zerocoin transactions (anonymous) exist alongside the (non-anonymous) base currency.