Privacy, It is a short word but worth allot. Peoples believe that internet is pulling off their privacy and they are right, because through internet anyone can access you and your data is in hand of organization. It is a bitter truth, It is not just in internet, It is all around the world in form of banks etc. Mean while internet is trashing the privacy of peoples, some organization are working and developing new technologies on internet for privacy of peoples. The Index is one of the organization. In this article I am gonna do a complete overview on Index .
Index Org
Index are a community dedicated to privacy. Comprised of consummate professionals with a passion for privacy, our goal is eschewing the age of bank control over personal financial situation and to establish the power of choice. INDEX is the ultimate solution, providing financial freedom coupled with opportunity. Index focus is to make the internet a safer place.
Index Chain
Index Chain is a blockchain powered by world leading blockchain technologies. Index Chain proceed 100% private and secure transaction at ultra fast speed. The transaction don,t leave a trace behind them. It is designed for user privacy, shielding transactions with anonymous designations while deploying industry leading encryption methods. Shortly Index is decentralized blockchain providing complete privacy, security and ultra fast speed by using world leading encryption method. Let's talk how index is proposing such a high standard of privacy and security
Structure of Index Chain
Index Chain own a unique infrastructure that has taken allot of research. The structure is using the up to date technologies for the reliability, privacy and security of network. Below we are going to discuss technologies used by Index Chain.
Masternode
Index is a masternode coin. Anyone can own its masternode by holding required collateral of 5000 IDX and can earn on daily basis by doing nothing. Masternode not just regenerate reward it also stabilize the Index network. A masternode is a cryptocurrencyfull node that keeps a complete copy of blockchain happenings in real time. A master node also is responsible for other things such as :
PROOF-OF-STAKE V3.0
Proof of Stake was invented to solve many of these problems created by Proof of Work. Proof of Stake’s security has proven itself reliable & effective over years of testing while at the same time solving Bitcoin’s issues caused by the Proof of Work (PoW) protocol. The Index Chain is using the latest version of POS. The latest Proof of Stake (PoS 3.0) have solved the issues faced with Coin-Age, Block Reward, Blockchain Precomputation. The PoS 3.0 protocol is now robust and keeps nodes connected to the network while disincentivizing inactive nodesPROOF-OF-WORK HASH X16R-V2
The newer version POW is 8%-10% more beneficial then the previous. The Index Chain is using the PROOF-OF-WORK HASH X16R-V2 which is the most leading POW version at the time. X16R algorithm was changed into X16RV2 by Ravencoin on the 1st of October 2019 to make it increasingly ASIC resistant while increasing the hash rate. Index also employs that strategy.The Sigma Protocol
One of the Index techniques is Sigma Protocol. The Sigma privacy protocol represents a very important innovation in blockchain privacy, as it combines the high privacy of zero-knowledge proof schemes (ZKP), without many associated disadvantages, bringing great improvements to the IndexChain protocol. It provides an attractive alternative to zkSNARKs, with high anonymity and great performance.EXODUS
Index bring along the entire blockchain system of IndexChain, implementing the Exodus protocol, facilitating the use of smart contracts, personalized currencies/tokens and even decentralized exchange functions. This layer expands the utility and functionality of the IDX blockchain so as not to affect its core functions as a digital currency. Exodus allows:DANDELION ++
TOR INTEGRATION
If you’re looking for a cryptocurrency that’s safe and secure, then look no further as Index Chain employs use Tor which work together IDX to serve as a protective barrier of security and anonymity for the transactions you make. They conceal your wallets and nodes so that you remain hidden from hackers and other cybercriminals looking to track down individual IP addresses and pose a threat.DARK GRAVITY WAVE
Index Chain uses DGW. DGW uses multiple exponential moving averages and a simple moving average to achieve the smoother difficulty re-target mechanism. Coins that have Dark Gravity Wave as their difficult algorithm are immune to issues like multipools as it retargets difficulty every single block. Not just that; with DGW the chain becomes more secure and block times are much more consistent; despite large fluctuations in mining power. Apart from controlled difficulty some other benefits of Dark Gravity Wave are security, faster transaction, more miners and reliable chain.Hybrid Transactions
Built for privacy we believe that allowing anonymous spending ensures privacy in the ecosystem. This is a crucial and fundamental feature of distributed ledger technologies. Users can verify that their transactions are all entirely anonymous, and their data kept is private. You also have the option of making conventional shipments that can be monitored. You choose. Now its clear How Index is so confident in providing privacy and security.
Conclusion
After reading this article you are learned how Index Chain is providing high privacy and security to its users. The unique methods and the world leading technologies are insuring the service. Index Chain is not the first coin proposing privacy, Before it many blockchain introduced their methods for assuring privacy. The Index has merged all the technologies of other with there unique structure and bring you the most safest and private transactions. Index can be used in many ways An overview article is not the perfect one to explain them. Index Chain is eliminating the banking system and its fees . Index is our hope to bring privacy in money transaction. Currently Index is successfully trading is many exchanges and looking to make new records.
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