This blog post presents our finalized proposals on how the protocol economics and governance should work in ENCOINS version 1.0. We start by reviewing the ENCS tokenomics. ENCS has a fixed supply of 15 million tokens with six decimal digit precision, minted all at once. 10 million are distributed between…

In this announcement, we present our codebase that we have been working on for a while. Here is the link to our GitHub account: https://github.com/encryptedcoins Most of our code is in Haskell. For the Cardano developer community, the most interesting components are probably plutus-apps-extra and cardano-server: plutus-apps-extra builds on top…

In this blog, we introduce a side product we are working on in collaboration with Ada Handle. It is called ENSHARE and allows sending encrypted text messages and sharing confidential data on-chain. If you follow our project, you might know that in order to transfer value to someone using ENCOINS…

In this blog, we present a new way to distribute native tokens on the Cardano blockchain for projects that strive for maximal decentralization in every aspect. Many analysts, commentators, and builders from the crypto industry predict that only fully decentralized DeFi projects will survive in the upcoming years as they…

In this blog, we give updates on the current development of ENCOINS. Our team works simultaneously on several components: the ENCOINS Core library, the Relay Server app, and the Minting Portal (the web frontend). The ENCOINS Core library is nearing functional completion. It contains on-chain scripts and off-chain code that…

In this blog, we gathered all the relevant information about the ongoing ENCOINS Initial Stake Pool Offering (ISPO). General information ISPO is a novel method to distribute a protocol's utility tokens to the community using the Cardano blockchain. …

Hi there, ENCOINS supporters! Our whitepaper is now available on the website. Here is the direct link: https://encoins.io/whitepaper.pdf In the paper, we reveal our vision of the ENCOINS ecosystem. Regarding the roadmap, our immediate goals are completing ENCOINS Core, setting up ENCOINS DAO, and organizing the Minting and Distribution Event for ENCS tokens. We expect to complete ENCOINS Core by the end of the year. The Minting and Distribution Event is planned for February next year. We do not have a release month for ENCOINS Ledger just yet, but the work on it is going on in parallel.

Hello everyone! ENCOINS is a new privacy protocol on Cardano. How does it work? A user sends ADA into the protocol to mint several unique NFTs (aka ENCOINS). Each token contains an encrypted redeeming value known only to the user. The total redeeming value is equal to the ADA provided. …