{"id":1604,"date":"2022-03-05T15:28:47","date_gmt":"2022-03-05T15:28:47","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/daps-token-whitepaper\/"},"modified":"2022-03-05T15:28:47","modified_gmt":"2022-03-05T15:28:47","slug":"daps-token-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/daps-token-whitepaper\/","title":{"rendered":"DAPS Token Whitepaper"},"content":{"rendered":"<div id=\"post-8465\">\n<div class=\"entry-content\" readability=\"46.564964447317\">\n<h4>DAPS is a planned privacy blockchain with a focus on security, scalability and total privacy.<\/h4>\n<p>The goal of DAPS protocol is to create a fully anonymous staking coin and payment system with a trustless governance structure, based upon the latest technologies derived from both Monero and PIVX. This is a first in crypto-currencies. DAPS chain verification and consensus models will be based upon PoS nodes (staking and Masternodes) and PoA miners.<\/p>\n<p>How will we do that? We have carefully selected certain tested protocols and utilizing these features together will enable a fully private blockchain network. We plan to offer the most complete anonymity package in any protocol to date, with an on-chain solution to the \u201cTrust Problem\u201d. Our unique solution to the \u201cTrust Problem\u201d is called Proof-of-Audit, which is the keystone to our protocol.<\/p>\n<p>A main goal for DAPS is to anonymize assets and secure an infrastructure for development of further precedent-setting technology. Privacy is a right, not a privilege.<\/p>\n<p>DAPS is proud to say that at the time of writing this whitepaper, we are the first coin to successfully implement a Staking and Masternode hybrid (PoW \u2013 PoS \u2013 PoA) full privacy chain that fully incorporates RingCT and Bulletproofs.<\/p>\n<p><em>The DAPS Chain has been tested and approved through a <a href=\"https:\/\/officialdapscoin.com\/daps-coin-audit-report-by-red4sec\/?utm_source=DAPS&#038;utm_medium=Blog&#038;utm_campaign=AuditReport\" target=\"_blank\" rel=\"noopener noreferrer\">Security Audit<\/a> by Red4Sec <\/em><\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/11\/DAPS-Coin-Whitepaper.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">DAPS Coin Whitepaper<br \/><\/a><\/p>\n<p><strong>Resources<\/strong><\/p>\n<p><strong>Social<\/strong><\/p>\n<p>Social<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DAPS is a planned privacy blockchain with a focus on security, scalability and total privacy. The goal of DAPS protocol is to create a fully anonymous staking coin and payment system with a trustless governance structure, based upon the latest technologies derived from both Monero and PIVX. This is a first in crypto-currencies. DAPS chain [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1604","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=1604"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1604\/revisions"}],"predecessor-version":[{"id":1605,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1604\/revisions\/1605"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=1604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=1604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=1604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}