Even though we already did a ShadowCoin article earlier , some breaking news was announced yesterday, which I apparently overlooked, which deserves a separate article in my opinion. Besides, we need content, so the more the merrier, right?
You may remember that the ShadowCoin developer announced how we would see more features being rolled out over the course of the coming days and weeks. Earlier today, the ShadowSend feature was announced!
In the upcoming SDC wallet release, we will see anonymous stealth addresses which can be used for this altcoin. As far as the developers know, ShadowCoin will be the first open-source C++ implementation of Anonymous Stealth Addresses using OpenSSL.
If you are interested in some more technical details, ShadowCoin will implement Dual-Key Stealth Addresses. A unique part about this feature ist hat transactions can still be received, even if the wallet is closed. As a security procedure, coins can not be sent until the wallet is unlocked.
ShadowSend is expected to be released at some point in the coming week, and it will serve as a decentralized anonymous wallet solution. The developers would like to stress this feature does not rely on CoinJoin or any centralized node structure.
Further ShadowSend improvements will come in the form of zk-snarks, which will further increase security and privacy of the anonymous solution.
Official announcement : https://bitcointalk.org/index.php?topic=700087.msg8153845#msg8153845