Anonymity An Important Blockchain Disruption: Hedge Fund

Industry observers are bullish on privacy. An Aug. 30 study by Satis Group predicts privacy cryptos will see the biggest valuation increase over 10-year period.

Multicoin Capital believes that online anonymity is 1 of 12 disruptions that will result from blockchain. Specifically, distributed virtual private network (VPN) and Tor. In Jan. 8 article, a managing partner for the Austin, Tex.-based hedge fund wrote:

Although [various projects] use different technical methods, they deliver the same end goal: obfuscation of internet traffic. These services clearly benefit from geographic distribution, and from quantity: the more nodes there are, and the more distributed they are, the harder it is for governments to censor them.

Apollo Foundation is committed to providing the best privacy protections in the industry. Apollo all-in-one privacy currency (APL) is being developed as unregulatable and untraceable platform that gives users the ability to transact in total anonymity almost anywhere that has access to the web.

With Dec. 2018 launch of Olympus Protocol 2.0, Apollo users can secure themselves through IP Masking 2.0. It gives people everywhere (including China) the ability to hide their real-time location, access the Apollo platform, and continue to participate in Web 3.0 economy.

Here are technical details of IP Masking 2.0. (Read Apollo’s technical paper.)

• A transport protocol allows the delivery of anonymous encrypted packets. This method prevents the tracking of transaction paths. Moreover, it makes transactions completely anonymous.
• The above proprietary protocol recognizes the use and blocking of TOR browser in restrictive countries (like China). It also recognizes the inability to configure data exchange parameters in the TOR network. To enable transport between nodes, a VPN channel is created — a tunnel through which all data is transmitted in the form of standard protocol packets used by standard web browsers.

Coin Mixing (Apollo Mixer) will also anonymize your funds and obfuscate the money trail. (Read more.)

According to an Apollo developer:

The mixer is another step to full anonymity on Apollo blockchain network. It mixes transactions in a way that makes it almost impossible to detect who makes a transaction, who receives it, and how many coins were sent. This feature is an inner part of the Apollo platform. It’s not available to third parties who could use it to track transactions’ owners. As a separate benefit, the mixer generates a broad range of transactions so that users get more fees for forging. And now forging is much more profitable than it was before the mixer. This was released in Q4 2018.

Dash (DASH) and Monero (XMR) are two mainstream privacy coins that have attracted plenty of attention. Monero’s (XMR) market cap is currently $885 million; Dash’s (DASH) is $740 million and Zcash’s (ZEC) is $347 million.

Apollo’s market cap is nearly $12 million. At 100x growth, APL’s market cap would reach $1.2 billion — still well below Monero, Dash, and Zcash at their peak levels in Jan. 2018.

“Verge was a copy of Dodgecoin with no marketing team and didn’t yet have the privacy feature it had promised — and Verge reached $3 billion market cap near its peak,” says Steve McCullah, Apollo’s head of business development. “Apollo’s market cap is still low. Thus, we have a shot at high growth.”

Coincheckup.com lists APL as “strong buy” and one of top 10 best crypto investments out of 1,700 coins.

Cloaking seems to be a key feature in a 24/7 monitored world.