pEOS price is $0.00024133
The current price of pEOS is $ 0.00024133. In the past 24 hours, the price has increased by +0.00%%.
pEOS is a cryptocurrency that is designed to enable private and untraceable transactions on the EOS blockchain. It aims to merge the privacy features of Monero with the scalability and speed of EOS, providing users with a secure way to conduct transactions without revealing any sensitive information.
The creators of pEOS are not widely known to the public. The development of pEOS was driven by the demand for privacy on the EOS network, and the team behind it has prioritized anonymity, using advanced cryptography to protect users’ identities and transactions.
pEOS works by utilizing a set of privacy-focused technologies. Ring signatures hide the sender in a group of possible senders, making it difficult to trace the origin of the funds. Ring confidential transactions hide the amount being sent, and stealth addresses ensure that the receiver's address is not recorded on the blockchain, maintaining privacy on both sides of a transaction.
The unique proposition of pEOS is its combination of Monero's robust privacy features with EOS's high-performing blockchain. This dual advantage allows pEOS transactions to not only be private and untraceable but also fast and scalable, which can be a significant improvement over other privacy-centric cryptocurrencies that might struggle with performance issues.
While pEOS borrows key privacy features from Monero, such as ring signatures, ring confidential transactions, and stealth addresses, it differentiates itself by leveraging the EOS blockchain's performance. This means that pEOS can facilitate private transactions with greater speed and lower costs compared to using these features on Monero's own blockchain.
The circulating supply of pEOS is , which is a dynamic figure that can change over time due to factors such as transactions, staking, and other network activities.
The security of the pEOS network is maintained by the underlying EOS blockchain technology, which uses a consensus mechanism known as Delegated Proof of Stake (DPoS). This mechanism relies on a group of trusted validators, called block producers, who are responsible for maintaining the network's integrity and security.
The advantages of pEOS include transaction privacy, fast transaction speeds, and scalability. The privacy technologies ensure that users can transfer funds without revealing sensitive financial information. Additionally, pEOS benefits from the EOS blockchain's efficiency, leading to low transaction fees and fast processing times.
pEOS is primarily used for private transactions within the EOS ecosystem. Users who require confidentiality for their financial activities on EOS can use pEOS to ensure their transactions remain untraceable and secure.
Due to the advanced privacy features integrated into pEOS, including ring signatures, ring confidential transactions, and stealth addresses, it is extremely difficult to track pEOS transactions. This strong focus on privacy is a cornerstone of the pEOS network.
pEOS can be purchased on several cryptocurrency exchanges. The exact exchanges that currently list pEOS for trading can be found under BigONE, Hotbit. Always ensure to use reputable platforms and follow best practices for online financial security.
Keeping your pEOS tokens safe involves using secure wallets that are compatible with the EOS blockchain. It is recommended to store your tokens in a wallet that offers robust security features such as two-factor authentication, backup options, and a secure private key management system. Additionally, practicing overall online security hygiene, such as avoiding phishing websites and keeping your devices malware-free, is essential.
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