CybCSec Coin. Cyber Crypto Security. Revision 3.1. The New Standard in Privacy an Unrivalled Combination of Anonymity, Security, and Speed.
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1 Coin The New Standard in Privacy an Unrivalled Combination of Anonymity, Security, and Speed. Revision 3.1 Whitepaper November
2 Coin The New Standard in Privacy an Unrivalled Combination of Anonymity, Security, and Speed. Whitepaper Publication November 2017 Contact Information: Solutions
3 Overview This Whitepaper will explore s unique functions, and how it can play a role in the global payment, communication and security industries. stands for and the name is pronounced CybSec, the extra C in is silent. is an ultra-secure, anonymous, and untraceable cryptocurrency. Based upon the solid foundation of Bitcoin is new, unique and inherently useful., in addition to its best in class Anonymity features, will be the first cryptocurrency to offer legitimate cybersecurity applications for the end user. is the first cyber security cryptocurrency. It was devised and created by Solutions, a Scandinavian company comprised of experienced cybersecurity professionals. brings privacy and personal security in cryptocurrency to the next level. will be rolling out multiple new Cyber Security features in 2018, positioning itself not only as a leading innovative cryptocurrency, but also a computer security and cybersecurity provider. All services will be linked to our cryptocurrency coin. offers wallets for a range of operating systems Windows, Linux and Mac with more coming in the future. Our wallet systems already include applications such as Smart Contracts and Secure Messaging. The Smart Contracts are available for more advanced users. Phase 2 will see the Smart Contract feature become more user friendly so that all users can implement it as part of their business operations. Phase 3 will include features such as Antivirus, Intrusion sensors, and additional proprietary blockchain-based security innovations under development. estimates a wallet user base of over 250,000 active wallets and customers by the middle of 2018 and over 500,000 by mid These forecasts can be considered conservative. also plans to enter the gaming and payment processing sectors with negotiations currently underway with gaming developers and payment solution companies in Asia, Europe and North America. 3
4 Introduction What is? is the first cyber security orientated cryptocurrency to emerge in the cryptocurrency space. Created by Solutions, a Scandinavian company, Cyb- CSec is going to change the way cryptocurrency and personal security operates in the future. Launched in July 2017, Solutions are set to roll out many of their products and services in phases in 2018 and the years that follow. All of our services will be linked to our cryptocurrency coin. is a Proof of Stake asset. Our proof of stake offers 8% annual interest minting capability so users can stake additional coins if they choose to support the network. All coins are stored on the blockchain and transferred over the internet between digital Wallets. offers wallets for a range of operating systems such as; Windows, Linux and Mac. Specifications Algorithm: Type: Coin Name: Coin Ticker: PoSV3 Proof of Stake (PoS) Coin XCS RPC Port: 6600 P2P Port: 6601 PoS Percentage: 8% per Year Coin Supply: 250,000,000 Coinbase Maturity: Target Spacing: Target Timespan: Transaction Confirmations: 100 Blocks 64 Seconds 1 Block 6 Blocks Cryptocurrency Unleashed Cyb CSec brings a new and innovative element to the cryptocurrency marketplace; Cyber Security. With a range of services set to release in 2017, 2018 and many years to follow, is paving the way for new and emerging cryptocurrencies. will exponentially grow its ecosystem once our initial products launch in will introduce Secure Messaging (Communications) and Smart Contracts as part of the initial launch. Later on a Secure File Transfer function, and a full Antivirus suite (Q4 2018) are planned. Mined Blocks before Confirmation: Min Transaction Fee: Stage Age: Dedication Tor Nodes: Speed: Transactions Capability per Minute: 20 Blocks 0.01 XCS 2 Hours 2 20x Faster Than Bitcoin Network Transactions 6, Solutions
5 Wallets offers a range of wallets available for the following operating systems (as shown below in the wallet screenshot). The Wallet is a multi-functional digital wallet which allows users to manage their wallet and customise it to suit their preferences. Users can carry out the following functions: Overview different types of balances and transactions histories, send and receive Cyb C Sec coins to and from other users, Stealth text messaging to other wallet users, manage wallet settings, wallet backup and a wallet tool feature plus more user functionality. The computer wallet is a Multi-Wallet, which means users can create so multiple wallets all under the same wallet. This feature eliminates the need for several computers which is more efficient for users. This wallet separation features will benefit end users, merchants and shopping businesses also. Later on coins are also available to use as a payment solution using our Android app wallet. This wallet combines both and Bitcoin crypto coins and either can be used in stores that accept both as a method of payment. Available Wallets: Win64, Linux and Mac (macos and later). To download the wallet for your preferred operating system simply visit 5
6 Cryptocurrency Features employs several technologies to ensure the coin, wallet, features and operations are completely secure, anonymous, unique and efficient. Tor Network Integration Tor is a distributed overlay network designed to anonymize low-latency TCP-based applications such as web browsing, secure shell, and instant messaging. Clients choose a path through the network and build a circuit, in which each node (or onion router) in the path knows its predecessor and successor, but no other nodes in the circuit. Traffic flowing down the circuit is sent in fixed-size cells, which are unwrapped by a symmetric key at each node (like the layers of an onion) and relayed downstream. Otherwise known as The Onion Router, Tor directs internet traffic through a free, worldwide, volunteer network consisting of more than seven thousand relays to conceal a user s location and usage from anyone conducting network surveillance or traffic analysis. Using Tor, is able to protect their wallet user s privacy while maximizing confidential communication abilities. Additional information can be found on Tor Entry guard Encrypted by Tor Not encrypted by Tor Torclient Tor network Destination Middle relay Exit relay 6 Ring Signatures In cryptography, a ring signature is a type of digital signature that can be performed by any member of a group of users that each have keys. Therefore, a message signed with a ring signature is endorsed by someone in a particular group of people. One of the security properties of a ring signature is that it should be computationally infeasible to determine which of the group members keys was used to produce the signature Solutions
7 In a ring of possible signers, all ring members are equal and valid. Outside observers can in no way tell which of the possible signers in a signature group belongs to a user s account. Ring Signatures ensure that transaction outputs are untraceable. More information on Ring Signatures can be found here. Multi Signature Transactions Standard transactions on the network could be called single-signature transactions, because transfers require only one signature from the owner of the private key associated with the address. However, the network supports much more complicated transactions that require the signatures of multiple people before the How Implements Multi-Signatures Every is created with a private key, which is a series of randomly generated letters and numbers. Without this key, you cannot send the to others or exchange it for fiat currency Every time is sent, the private key changes lts value. So you cannot re-use old private keys Multi-signature effectively breaks each private key into multiple pieces. The idea is to store each piece separatety so hackers would have to breach multiple systems betore getting the private key Multi-signature is fairly new in but used by many popular exchanges. You need a majority ot the pieces to move the coin 7
8 funds can be transferred. These are often referred to as M-of-N transactions. The idea is that coins become encumbered by providing addresses of multiple parties, thus requiring cooperation of those parties in order to do anything with them. Zero Knowledge Proof In cryptography, a zero-knowledge proof or zero-knowledge protocol is a method by which one party (the prover) can prove to another party (the verifier) that a given statement is true, without conveying any information apart from the fact that the statement is indeed true. If proving the statement requires knowledge of some secret information on the part of the prover, the definition implies that the verifier will not be able to prove the statement in turn to anyone else, since the verifier does not possess the secret information. If the statement consists only of the fact that the prover possesses the secret information, it is a special case known as zero-knowledge proof of knowledge, and it nicely illustrates the essence of the notion of zero-knowledge proofs: proving that one has knowledge of certain information is trivial if one is allowed to simply reveal that information; the challenge is proving that one has such knowledge without revealing the secret information or anything else. Prover Verifier Proofs and Secret Data Notice that the statement being proved must include the assertion that the prover has such knowledge (otherwise, the statement would not be proved in zero-knowledge, since at the end of the protocol the verifier would gain the additional information that the prover has knowledge of the required secret information). For zero-knowledge proofs of knowledge, the protocol must necessarily require interactive input from the verifier, usually in the form of a challenge or challenges such that the responses from the prover will convince the verifier if and only if the statement is true (i.e., if the prover does have the claimed knowledge) Solutions
9 Dual-key Stealth Addresses These address are different from the standard addresses commonly used in cryptocurrencies and allow for better privacy. A dual-key stealth address can be shared publicly by the recipient yet any transaction made out to this address can not be linked back to it. When the stealth address has been revealed to the payer(s), it will be enable the payee to receive infinite unlinkable payments. Meaning that each payment to a Stealth address computes a new unused normal address on which the funds ought to be received, any eavesdropper will be unable to link the two addresses. is using the most up-to-date technologies to ensure it is a superior coin to most alt-coins currently in circulation and that a solid foundation is laid for the future of its products and services and expanding ecosystem. How Stealth Addresses Work 9
10 Innovations Secure Messaging Protecting user private data or trace elements in a safe and secure way is a priority of. The messaging system allows total control of user data to provide a safe and secure way to manage information using the wallet. Utilizing the AES-256-CBC algorithm, users can enjoy safe and secure text transmissions. Cipher Block Chaining (CBC) mode encryption Smart contracts Smart Contracts otherwise known as digital contracts can establish computer automated agreements which can be pre-programmed between two or more anonymous parties, enabling them to trade and do business with each other without the need for any third parties. 1. Rights holder publish ownership information on the blockchain 2. Use policies for registered works are written into smart contracts that automatically transfer usage rights 3. Royalities and fees are delivered instantly. transparently and automatically based on the stakeholder information contained in the blockchain database 4. An open platform faciliitates infinite potential rotes, applications and business models Solutions
11 Using CHECKLOCKTIMEVERIFY and multi-signature technology, have introduced a robust and secure Smart Contract element that will change the way users conduct business. Antivirus Suite Antivirus or AV software will prevent, detect and remove malicious software from computer devices. Accessing a worldwide network of sensors, the Antivirus will combat, predict and remove threats from user PC devices. This feature will be released in Phase 2. Secure File Transfers Enables users to access, manage and send files containing private data across a reliable data stream ensuring that user privacy is upheld at all times. This feature is critical to ensure private communications between users. This feature will be released in Phase 2. Intrusion Sensors Intrusion sensors will detect and prevent malicious activity/intrusions or policy violations across ERS networks and systems. Employing a swift response activity to these threats and potential threats, this feature will be a trademark of the coin. This feature will be released in Phase 3. Cyber Security The protection of user computer systems from theft or damage to hardware, software or the information on them from either network access, data and code injection or simply by malpractice by the user. This feature will be released in Phase 3. Asset Details The total supply of coins was set at 250m coins, excluding minting production. This was established based on the anticipated requirement to release its features, innovations and partnerships. However, we have since reduced our sales network, and sharpened focus on anonymity, security and fiat integration since employing. Furthermore, since employing our new team, we have made rapid, below budget progress in a number of other areas. This will allow us to perform a significant coin burn. The exact date and quantity is yet to be determined, but will be announced in due course. POS Minting Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Most cryptocurrency mining requires specialised and usually expensive hardware. minting can be done on any computer. Coin rewards are spread out over the complete network rather than ending up in the wallets of one or two large miners. Each time minting generates a block, stakers help guard and process network transactions. With an 8% annual interest return, based upon the number of coins in a user wallets, coin holders are rewarded for investing longterm. This will increase the value of the coin as it discourages selling, and because it helps to stabilise the network. 11
12 Conclusion already stands as the most secure, anonymous and untraceable cryptocurrency. Combined with a speed 20x faster than Bitcoin, and upcoming fiat integration, it has all the ingredients necessary to be both a store of value and an everyday currency. Additionally, have implemented plans to introduce a host of new security features and other products in the near future. Our vision is to change the way cryptocurrency operates within any given ecosystem and provide a safer, more private and productive experience for cryptocurrency users worldwide. For more information about and its features please visit our website at or contact us via contact@cybcsec.com Solutions
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