About Light Shadow Box.
BRIEF HISTORY.
Light Shadow Box (LSB) was first launched in July 2020, with the basic web-based wallet to help people send and receive cryptocurrency anonymously, built on Incognito Protocol.
The network has shielded $17.5 million so far, using a combination of ring signature, homomorphic commitment scheme & zero-knowledge proof to ensure privacy for your activities. The blockchain is high scalable with the implementation of sharding and a new consensus based on POS, pBFT, and BLS.
OUT VALUE.
Everybody wants their financial information to be safe & private, and we are here to keep it that way.
“100M people worldwide now use crypto-based assets”, says Cambridge study. With growing crypto adoption rate (189% increase compared to last year), and Paypal’s recent announcement that they will support holding, buying & selling cryptocurrencies, including Bitcoin, privacy has become more important than ever. However, 99% of all crypto transactions out there are not private, except for 1% of privacy coins like Zcash, Monero, etc. LSB was created to change that.
LSB aims at building a privacy ecosystem for 99% of coins out there, starting with our 2020 roadmap:
- LSB wallet extension: The first anonymous crypto wallet extension (coming in late November).
- pSwap: trade anonymously. (UI is now live, working version’s coming in late December 2020)
- Metamask Integration: tap into the Ethereum user base, with 1-click to shield their tokens from Metamask to LSB wallet extension (coming in late Jan 2021)
- LSB wallet: the first anonymous web-based crypto wallet.
- Pool-together: gamify the crypto saving industry in the form of lottery. If you win, you take the rewards, if you lose, you take your money back. This will help substantially increase liquidity for pSwap.
- Other use cases: crypto payment gateway integration (for VPNs payment, porn, adult toys, etc.), payroll, and many more to come (based on our frequent users’ polls results, which will be conducted monthly, to receive great product ideas from the community).
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