On July 4, 2020, the bitcoin cash proponent Cain printed an interview with the blockchain developer, Shammah Chancellor, a couple of new undertaking known as Stamp Chat. At its fundamental degree, “Stamp is a prototype of a layer-2 private messaging and payment system on bitcoin cash. It implements stealth [plus] confidential transactions on top of bitcoin cash using layer-2 protocol technologies.”
This week bitcoin cash supporters have been launched to a brand new software known as Stamp, an encrypted message and cost system that leverages the bitcoin cash (BCH) chain. The undertaking is being developed by the software program programmer Shammah Chancellor, in any other case generally known as @micropresident.
The undertaking was launched on Saturday, July 4, 2020, by the bitcoin cash proponent Cain (@bchcain) by way of the learn.cash weblog. Cain offers a abstract of how governments at present have the power to censor our speech on-line, and our monetary lives as effectively by way of centralized events. The BCH fanatic highlights how our freedom of expression is censored and monitored by the powers that be.
“The fact that we are being monitored limits our freedom of thought and our freedom of expression,” Cain’s interview confused. “You might think twice about entering something into a search engine, or posting something on Facebook or Twitter. This limits our ability to communicate and explore ideas, and this is why I am so excited by Stamp, the new bitcoin cash project being developed by Shammah Chancellor, aka @micropresident.”
Cain’s publish additional added:
Stamp remains to be in its early phases and solely out there on testnet, however the interface already seems polished and lots of options like group chats and nested messages have already been deployed. In keeping with his Github web page: “Stamp is a prototype of a layer-2 personal messaging and cost system on bitcoin cash. It implements stealth [plus] confidential transactions on prime of bitcoin cash utilizing layer-2 protocol applied sciences.
People who’re occupied with Stamp can take a look at the Github repository and get extra acquainted with the undertaking. The Github repo’s disclaimer is a contact totally different and states: “Stamp is in early alpha growth stage. There will probably be a number of breaking modifications from now till a steady launch. We default to the bitcoin cash testnet as to guard towards misplaced funds.”
Those that are occupied with testing the Stamp protocol can accomplish that by accessing the cashweb/stamp/releases part and grabbing take a look at cash from faucet.fullstack.cash.
The Stamp builders who contribute to the undertaking even have a Telegram chat channel as effectively for individuals who wish to study extra concerning the undertaking. Shammah Chancellor additionally describes the Stamp undertaking in nice element throughout his interview with Cain.
“Stamp is the name of the wallet that uses a number of backend protocols,” the developer defined. “These protocols are a suite called ‘Cashweb,’ with the vision being that everything online is powered by bitcoin cash. Fundamentally, Cashweb is powered via standard web technologies: Websockets, JWT tokens, HTTP/2. The idea being to make it easy for non-cryptocurrency developers to integrate with.”
“Cashweb is a [three] tier network,” Shammah Chancellor continued. “The first tier being bitcoin cash. The second tier is a ‘keyserver’ network, which is used to look up, in a cryptographically secure way, important information about a bitcoin cash address. The third tier is a messaging system (called relay servers) which allows wallets to pass, encrypted, structured messages between them.” The developer concluded:
If you add a contact to a Stamp pockets, it reaches out to a keyserver and requests your contact info. That is then verified, and used to find out which relay server they settle for messages on. As soon as your pockets has this info, it will possibly begin exchanging structured, encrypted, messages between itself and one other consumer.
Cryptocurrency supporters who’re occupied with studying the remainder of the interview between Cain and Shammah Chancellor can comply with this hyperlink right here that stems from the learn.cash weblog.
On the Reddit discussion board r/btc, BCH proponents appeared happy with the announcement and a few individuals contributed to the event funding. “Looks promising,” a person wrote on Reddit. “I sent a bit of funding. Good luck with it.”
What do you concentrate on the Stamp undertaking constructed on the bitcoin cash community? Tell us what you concentrate on this topic within the feedback part beneath.
Picture Credit: Shutterstock, Pixabay, Wiki Commons, Stamp, Learn.cash, Cain
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