Untraceable Payments and Unlinkable Transactions: Startup Offers "New Generation" Coin

A startup named Pyrex says it has created the "Next generation cryptocurrency," which enables untraceable payments and unlinkable transactions.

A p2p network makes all the users' transactions on the PyrexCoin blockchain unlinkable to a particular user or real-world identity.

The special privacy feature implemented on the platform - called Ring Confidential Transactions - also makes the PyrexCoin resistant to blockchain analysis.

All transactions can be done via the user-friendly and intuitive wallets: PyrexCoin GUI wallet, which is provided in 34 languages, and a mobile wallet named PyrexGate, one of "The most secured" mobile wallets due to a special password encryption mechanism and biometric access.

Golden Pyrex is an ERC-20 utility token for paying for such services as PyrexBank fees, Marketplace products, PyrexExchange fees and Cloud Mining contracts at a discount rate.

The startup plans to spend the capital raised by the token sale on the development of the PyrexBank, obtaining necessary licenses and permits, and for covering listing fees on major exchanges.

PyrexBank, the "Next generation private digital bank" developed on scalable Directed Acyclic Graphs technology, offers traditional banking services and technological tools for managing crypto funds.

The company emphasizes that all transactions are secure and have little to no fees.

The third payment method and a medium for all operations within PyrexBank is a special coin - also named PyrexBank Token - which is a security token based on DAG technology and backed by physical gold.

According to the Pyrex roadmap, the launch of the Pyrex Exchange Platform is scheduled for Q1 2019, along with the release of the Cloud Mining Platform.