Privax Whitepaper
  • Introduction
  • The problems we address
  • How we address them
  • Showcase: telegram mini app
  • Quick market figures
  • High level architecture
    • Overview
    • Privacy-preserving smart contracts
    • Use cases and applicability
  • Details of the token
    • Overview
    • Relayers
    • Transactional and swap fees
    • Compliance framework
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  1. High level architecture

Use cases and applicability

With our integral approach both types of users (end-users and businesses) can benefit from the advantages of Privax.xyz. Privax protocol - the end-user all-in-one solution that provides:

  • Multichain assets logistics

  • Privacy mode

  • Low internal transaction costs and bunching external transactions

We believe that above mentioned features will be especially applicable for the following segments:

  1. P2P transfers for OTC markets

Your OTC transactions do not reveal the sensitive information of your transactions/ balances

  1. P2P transfers of salaries/wages/payments

Your employees, contractors or counterparts see only the information you want them to see, but not all your financial details.

  1. Investments

You can buy tokens during any investment round and store them securely in a stealth address, safeguarding the confidentiality of your investment strategy. This method enables you to make strategic decisions without divulging sensitive information to external parties, providing increased control over your investments and bolstering overall privacy and security

  1. DeFi

You can change tokens in DEX keeping your transaction discreet from the entire internet. Employing a non-custodial wallet in stealth mode not only enables you to execute these transactions privately, but also provides protection against MEV bots. Recent challenges like sandwich attacks, front-running, and back-running transactions underscore the necessity for completely anonymous validation without any information sharing. Our layer of zero-knowledge proofs ensures transaction privacy, rendering it impossible for MEV to be extracted

  1. Onboarding newbies into web3.0

Your and your customers better UX: the absence of issues related to the native token and seamless transitions between blockchains will significantly lower the barriers for new users to enter and explore the crypto space. This smooth experience allows newcomers to focus more on the potential benefit of crypto trading rather than being bogged down by technical complexities.

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Last updated 11 months ago