The Key to Privacy & Untraceability
Anonymous Decentralized Transactions
Though blockchain payments are traceable, PrivPay ensures 100% untraceability and anonymity for all users.
After initially (first time) placing funds from your Web-3 Wallet to the PrivPay Platform, you can anonymously transfer and upload funds into available pools.
With PrivPay, you can create unlimited anonymous Wallet Accounts and generate unique Transaction IDs.
To transfer untraceably from A to B, upload the Transaction ID to an anonymous pool with no direct recipient. The retriever can locate it there.
In summary, PrivPay facilitates true anonymous payments fully anonymous throughout transaction pools without a designated receiver, only a retriever.
To pay anonymously, use your Wallet ID and Password (with optional 2FA) to set the payment amount.
The system generates a Transaction ID and link (optionally with a passcode) that can be shared with the anonymous receiver for retrieval.
Once the amount is withdrawn, the new PrivPay Wallet Account becomes the owner, allowing them to create new Transaction IDs or hold the tokens to watch their value grow.
Additionally, PrivPay Pre-Sale Investors always receive 1.5% of every transaction within the Decentralized Network.
The first transaction from a Web-3 Wallet to a PrivPay Wallet is free; subsequent transactions incur a fee.
PrivPay charges a simple 5% fee per anonymous transaction, which is distributed as follows:
Users pay no fees for placing tokens in a PrivPay Wallet, but transferring funds back to a Web-3 Wallet incurs a 7% fee.
This 7% is distributed among token holders as follows:
