As part of this goal, special editions of Ethereum's leading decentralized financing platforms (ETH) are launched.
The Pikiber Initiative was announced on April 24th, and is the first part of the Incogneto initiative to make decentralized financing private.
Becker, whose theory was first devised in October, started a large-scale test on April 24. The team plans to release this to Incogneto on May 7.
How does it work?
Incognito is an independent blockchain that focuses on private transactions.
Her privacy technology relies on the same technologies that Monero (XMR) uses, including ring signatures, incognito addresses, and confidential transactions.
Unlike Monero, Incogneto focuses on interoperability with other blockchain chains and supports special characters. "rtl" style = "text-align: justify;">
According to Andrei Bogevsky, the leader of the ecosystem in Incogneto, (Cointelegraph), the project's goal is to create a global side-dam to the public blockchain chains to take advantage of privacy features.
Bogevsky stressed that while Incognito does not support full smart contracts, it still allows creation of tokens and a limited set of scripting instructions. This is sufficient to create unreliable bridges with other smart contract platforms.
= ptl = style = "text-align: justify;"> The Pikeper platform also uses the Smart Incognito contract for protection to interact with the Keper decentralized exchange on the main network. Users interact with B Ethereum, which is a special tun to initiate a transaction with Bikeper.
Incognito intermediate nodes on Ethereum reads this data and begins an Ethereum transaction on Kipper using a common set of the public Ethereum network.
Basically, Incogneto acts as an untrusted agent for private trading instructions, allowing a person to exchange Ethereum for a stable Dai coin without interacting directly with an Ethereum blockchain. p>
Incognito Roadmap also includes integrations with Zero X and UniSwap and a combined lending platform, all of which will be completed before July 2020.
