Haven (XHV) is a way to store, exchange and transfer your funds with complete privacy and anonymity. It is an ecosystem of digital currency, assets built on Monero and secured with PoW.
What is XHV token?
The base currency of the Haven network is XHV. Haven is a PoW cryptocurrency based on the CryptoNote protocol with a block time of two minutes.
Haven is built on top of Monero – considered a leader in security technology. Haven inherits all of Monero’s security features. It extends this functionality by providing stable, private currencies and commodities (xAssets) that can only exist through the base currency when burned (XHV). The first private stablecoin to be launched on the main Haven base will be xUSD.
How does Haven work?
Buy XHV – Haven’s base currency and instantly exchange it for any backed asset in your secure, private vault. The Haven network will include major currencies such as USD & EURO, precious metals (Gold & Silver) as well as Bitcoin.
What can Haven be used for?
Anyone who wants to store value outside of the traditional banking system can do so without giving up their privacy and control. Only you can access and use your funds with Haven.
Traders can access the Haven network and use their vault as a secure storage or trade XHV and xAsset pairs. Following the launch of xUSD mainUSD, Haven will offer multiple currencies over time (like xEUR), as well as BTC and other high profile commodities (xGOLD and xSILV).
Haven can be used for any purchase where privacy, security comes first and does not require immediate processing. As the Haven network grows and more projects are built on top of the protocol, the uses for payments will expand.
Features of XHV
XHV uses the same powerful security features as Monero, including secure ring transactions (Ring CT), ring signatures, hidden addresses, and resistance to outside interference.
These Monero-based features hide the sender, amount, and recipient of each transaction. All transactions are private by default and there is no way to accidentally make a transaction transparent.
Like any other traditional financial account, the Haven Vault will contain sensitive information that users do not want to be disclosed. This is especially true for personal financial data, which, if stolen, could be used by bad actors to steal those funds. XHV’s security features make this less likely.
David Bandtock (project director, dweab)
A professional technology specialist with a focus on product delivery and strategy, David has held senior positions in major UK corporations and numerous tech startups for the past 20 years. With a background in Mathematics, Coding Technology and Software Development, David brings extensive experience in both engineering delivery and large-scale administration to Haven.
Neil Coggins (neac)
Marty is a front end developer experienced in a multitude of frameworks and makes this stand out with his work on the Haven website and wallet.
Pierre Lafitte (anonymous)
Pierre is a product design specialist and creates all of the user experiences (UX) and user interfaces (UIs), in the Haven product portfolio. Pierre is an experienced Front End crypto developer, a longtime Haven contributor and will lead the team in UX/UI development and bring the team’s UX vision to fruition.
Haven puts you in control of your funds with complete privacy. All account details, including transactions and balances, remain hidden. You can send money anywhere in the world without anyone else knowing or without anyone’s permission.
You can see the price of XHV here.
According to AZCoin News
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