Currency & Transactions types

Particl features 3 types of transactions that can be chosen by users according to their specific needs.

  • Public – By default, only pseudonymous (like Bitcoin)
  • Blinded (Blind) – Uses Confidential Transactions (CT) to hide transacting amounts
  • Anonymous (Anon) – Uses RingCT to hide transacting amounts and participants
Public Blinded Anonymous Notes
Anonymous :NO: No :NO: No :YES: Yes Public is only pseudonymous, just like Bitcoin
Hidden Amount :NO: No :YES: Yes :YES: Yes
Staking :YES: Yes :NO: No :NO: No
Transaction Fees $ $$ $$$

This type of transaction is pseudononymous, just like Bitcoin. Public transactions are publicly auditable on any Particl blockchain explorer and offer the least amount of privacy. They are the cheapest transactions to execute and is the default privacy setting.

This type of transaction uses the Confidential Transaction (CT) privacy protocol developed by Bitcoin Core developer Gregory Maxwell to keep the transferring amounts visible only to the transaction participants (and those they designate), while still guaranteeing the transaction’s cryptographic integrity. This is a mid-level privacy option and is more expensive than public transactions, but cheaper than anon transactions. Mathematical and cryptographic details related to the CT privacy protocol are available on Maxwell’s original investigation into the protocol. Particl is the first coin in history to deploy this technology on a Bitcoin Core codebase as well as on top of Segwit.

This type of transaction uses the RingCT privacy protocol developed by Shen Noether to hide both transferring amounts and participants’ blockchain identity by combining Cryptonote’s ring signatures and Maxwell’s CT protocols. It is the one of the highest level of trustless privacy protocol the crypto industry has to offer and was made famous by Monero. It is also the most expensive privacy setting to use. Mathematical and cryptographic details related to the RingCT privacy protocol are available on Shen Noether’s RingCT whitepaper. Particl is the first coin in history to deploy this technology on a Bitcoin Core codebase as well as on top of Segwit.

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Learn more about the PART currency.