Dragons

We are validators at the world’s first private high performance blockchain protocol


Currently under development

With private transactions, Stealth will begin the use of side chains that share block validators with the main chain, called StealthCore. Users can send XST from the StealthCore main chain to the private transaction side chain, called StealthPrivate. These transactions are ratified by the complete set of Stealth validators on both chains. Coins transferred to the StealthPrivate side chain are effectively removed from StealthCore (and vice versa).

Users can convert XST to private coins (XSS StealthSend) on StealthPrivate and transfer them with cryptographic privacy, which uses zk-SNARKs. Users can convert private coins back to XST on StealthPrivate, and send XST to StealthCore for use with exchanges and other services.

Notably, StealthCore can be hosted independently of StealthPrivate or any other Stealth side chain. This side chain based system keeps all private transactions off StealthCore, greatly simplifying compliance where the hosting of private transactions could be problematic, as with centralized exchanges.

Additionally the need to host just StealthCore lowers the hosting burden significantly. Exchanges and other third parties, like custodial payment processors, have no practical need to host any information outside of that which is relevant only to the liquid XST money supply on StealthCore.

zk-SNARK transactions are small compared to other privacy schemes like Monero. This is important because smaller transactions means that the blockchain will scale more efficiently.

zk-SNARKs can be validated quickly, allowing validator nodes to process many more transactions, also important for scaling.

Stealth zk-Snarks will be similar to Zerocash, offering the most potent privacy solution possible in that it hides everything about a transaction including the sender, receiver, and the amount.