What Is Ombre?
Ombre enters the world of Cryptocurrency with various similarities to the now famous Monero currency. Being a cryptonote, Ombre comes with multiple promises of a strong security base, increased levels of privacy and numerous untraceability features that would create space for further future developments. The developers of this cryptonote aim to come up with a portable and well-sustained coin that would last for ages.
How Ombre Untraceable Cryptocurrency Protocol Works
Users of the Ombre will be able to take part in the thrilling journey that would see blocks unlock with the advancement of every stage. The platform depends on the functionality of algorithm, that’s a vital part of the blockchain technology. In the beginning, the unlocking of blocks will start at 6% depending on the block reward that’s set to change with time and gradually reduce to a 0% over a period of ten years. Therefore, investors should expect an approximate unlocking of up to 2% of the Ombre coin for development.
Additionally, according to the information on Ombre’s official website, the developers of this cryptonote are working towards realizing an Android Wallet in future. The wallet will be one of a kind as it would assist in the scanning of all blockchain transactions using the remote wallet nodes. And unlike most similar systems that make use of up to 1 GB worth of data, this wallet will make use of remote nodes that would help in maximizing its performance. All the wallet connections will undergo SSL encryption then get a share of unique codes.
Furthermore, the platform looks forward to incorporating advanced technology to compress large volumes of data as well as updating the RPC protocols. All this is an attempt to optimize the functionality of the blockchain system for better user experiences. Also, the Ombre Cryptonote will undergo updating to make it compatible with ASICs devices.
How Can I Benefit From Ombre Cryptonote?
According to the information on their official website, the developers of this cryptonote claim to have quick transactions in mind. Through their 60 second block time increase in every purchase; the period of every undertaking gets a significant reduction. Consequently, the smart contract technology works to ensure that there is no room for security compromise at all levels of activities. Through this, you not only safe time as a resource, but also transact in peace knowing everything is under surveillance.
Furthermore, the system has in place a ring-maxin size of 10 that enhances the privacy of all sensitive data from various blockchain analysis. Therefore, you don’t have to worry about the leaking of personal information that could reveal your identity to others. Also, the site looks to have a transparent funding platform that would allow contributions to innovative ideas within the blockchain system. The findings come with a long-term sustainability plan that doesn’t require approval from the members. Therefore, you will be part of a growing team with the future in mind.
Why Shouldn’t I Join Ombre?
We find the information on the website quite shallow for any beginner and interested investors. There is also no proper customer support communication channel in place, which makes us doubt the site’s validity. The missing list of committing team members is also alarming.
Ombre follows in the footsteps of Monero but with better security and privacy features. And although the site seems promising, lack of vital information such as team developers, make us doubt its validity.