There have been a lot of updates coming from the PseudoCoin developers. I think it’s due time to look a look at what has changed. This digital currency has gotten listed on bigger exchanges, Pseudo Transactions are working, and the anon wallet is here!
In our previous PseudoCoin article (which you can find here), everything about this Crypto was shrouded in mystery for the most part. Let’s start off with taking a closer look at Pseudo Transactions, as they are a big part of the anonymity features.
Pseudo Transactions occur by using a decoupled transaction stream which requires the sender transferring PseudoCoins , and the mixing engine delivering PseudoCoins to the planned location. You can find out more about Coin Mixing here.
A more graphical representation of the entire process can be found here.
As the Pseudo Transactions are now fully working, a PseudoCoin wallet upgrade was released to offer the anonymity services to the public. In order to download the latest client, make sure to check out the PseudoCoin thread on BitcoinTalk.
On the exchanges front, PseudoCoin can now be traded on Cryptsy!