May 8, 2014
DescriptionQuazarCoin is a cryptocurrency that is designed based off the CryptoNote protocol and uses the CryptoNight algorithm. The CryptoNote protocol and CryptoNight algorithm allows for data and privacy using QuazarCoin through untraceable payments with ring signatures. This is done via multiple unique one-time addresses for each payment. Even though a transaction is sent to a public address, it will appear as though that the payment is sent to a one-time address in the blockchain, thus making transaction tracing impossible.