SPECTRECOIN - The Backbone of the SpectreCash peer-to-peer Payment Network


About SpectreCoin
SpectroCoin is part of SpectreProject which became the backbone of the peer-to-peer network SpectreCash payment.
Spectrecoin was created to help everyone in the world to make it easier to send and receive money from family, colleagues, and anyone.

In certain areas wherever it's difficult to get a bank account or wherever people don't have ready access to identity documents, or in an area wherever the government makes it difficult for people to use financial services.
SPEC is anonymous, untraceable and unlinkeable, energy efficient Proof-of-Stake v3 cryptocurrency with advanced deterministic wallet hierarchy (HD wallet).

Spectrecoin is based on Shadowcash with some modifications. This has been chosen as it allows very strong privacy and anonymity combined with a HTML wallet that will allow expansion of functions and integration of the SpectreCash network. The Spectreproject delivers top of the range, tested and tried, privacy features and anonymity.

Some of the technology applied in Spectrocoin: Ring Signatures for anonymous transactions, Dual key stealth addresses,Zero Knowledge Proofs (ZKD), Full decentralization.

Main Features
Spectrecoin has 4 main unique feature, among others:
  1. Untracable Transactions
    SPEC is made private, anonymous and untraceable using the latest cryptography techniques such as dual-Key Stealth Video, Ring Zero Knowledge Signatures and evidence. With this system, network and currency SPEC ultra-secure and private and make it very unlikely that people will be able to mount a successful attack and is able to de-anonymous users.
    Encrypted Chat
  2. Encrypted Chat
    In this feature, each user can enable messages throughout the spec other users.
    SPEC wallet has an end-2-end encrypted chat function ultra-secure. All messages are encrypted with a good idea and algorithms AES-256-CBC safe. The message spread among nodes to prevent any attacker from concluding the intended recipient, even if traffic analysis applying sophisticated statistical or even if the attacker can view the entire network or running a network node.
  3. Advanced HD Wallet
    SPEC has an advanced Hierarchical Deterministic (HD) multi feature wallet. The wallet can easily carry out everyday tasks but there are a multitude of advanced features.
  4. Proof-of-Stake v3
    SPEC employs Proof-of-Stake (PoSv3) w/ static inflation of 5% annually. This is a fair and secure way to maintain consensus and to reward users who keep their wallets open. PoSv3 is an energy efficient consensus mechanism without large data centers as is the case with Bitcoin. Everyone has an equal chance of getting a reward based only on the amount of SPEC you hold and not "coin age".
  5. Tor Integration
    SPEC can have a native Tor integration with the full of the protocol embedded within the code base. Tor is a free software that stops people from learning your location from your IP address and your browsing habits by letting you communicate with others anonymously over the Internet.
Specifications SpectreCoin
Name: Spectre
Coin Ticker: SPEC
Algorithm: CryptoNight PoS v3
Block Time: 300 Seconds (5 minutes)
Confirmations: 6 blocks
Maturity: 288 blocks
Min. Age : 8 hours
Total coins supply: 20.000.000
Total coins for ICO: 19.000.000
Annual Interest: 5%


Spectrecoin Wallet
- Windows : Win32
- MAC : Download
- Linux : Available soon
- iOS : Available soon
- Android: Available soon
- Source: https://github.com/spectrecoin/spectre
- Block Explorer: https://chainz.cryptoid.info/spec
Node:
addnode=104.238.177.14
addnode=45.32.109.155

Team of Spectrecoin
The Spectreproject is currently 4 members that fulfil different functions,
  • spectreproject, Script Writer and Project Manager
  • lulworm, Programmer
  • jbg, Mobile App Developer
For detailed Team Members descriptions please check out and Join Slack Channel to communicate with SpectreProject team!
Crowdsale SpectreCoin
Spectrecoin Crowdsale/ICO (Initial Coin Offering) will start November 20,2016 until January 1,2017.
Coin ICO supply: 19.000.000 SPEC
Coin price: 0.00000018 BTC
with the following early bird bonuses structure:
- 1st week (20/11/2016 to 27/11/2016): 20%
- 2st week (28/11/2016 to 11/12/2016): 10%
- 3nd week (12/12/2016 to 22/12/2016): 5%
- 4nd week No Bonusses
Spectrecoin ICO structure is fully transparent and is now using a trusted escrow Escrow provide by OgNasty

Escrow Agreement :
OgNasty will provide escrow for the ICO and every 24 hours (roughly) the Bitcoin balance from the automated Spectrecoin ICO portal will transfer to BTC address: 1SPECTREYpMssJrVpHqi375DfNm7LxkZ2 to be held by OgNasty and released on completion of the ICO given that the following is true:
- We will have provided working Windows and Mac Qt wallets for Spectrecoin.
- The source code is public and available on GitHub.
- Distribution of 19 million SPEC has been completed to all investors relative to investment and any bonus as shown in the investors 'account' and according to https://ico.spectreproject.io/allicodeposits.php which is a ledger of investments.
- The Spectrecoin network is running and investors are able to transact.
- We have provided a working block explorer for Spectrecoin.

The minimum investment from 06/12/2016 (0001 hours UTC) will be 0.01 BTC (around $7-8,-) to be able to receive 1 SPEC as 'proof-of-investment'.

Other Links
- Official Website: https://spectreproject.io
- Facebook: https://www.facebook.com/spectrecash
- Twitter: https://twitter.com/SpectreCash
- Slack: https://slack.spectreproject.io
- Announcement: https://bitcointalk.org/index.php?topic=1704473.0
So, if you interesting with SpectrecProject, check this out Spectre ICO

Updates
- Dec 7, 2016: Update Spectre wallet v1.0.0.1
- Dec 8, 2016: Spectre Block Explorer

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