The misconception people often have is that blockchains (and their associated cryptographic diatribes) are somehow invisible and completely undetectable. They think you can transfer any amount of money to the blockchain and go completely unnoticed, whether you use it to pay for a cup of coffee, share it with your family abroad, or spend it to buy a kilo of cocaine on the black market. But as we’ll learn in our Empty Wallet review, that’s not always the case.

Yes, blockchains – at least the most popular ones – offer some degree of pseudo-anonymity compared to a regular bank account. But your transactions can be traced. This is also one of the basic principles of blockchain: maintaining transparency. All your contributions go into the public record, so how can you remain anonymous? Ok, Clean Wallet is here to solve your dilemma by maintaining transparency values in the blockchain while providing maximum privacy.

An empty wallet is more than just a cryptocurrency wallet that stores your hard-earned tokens. They have built an entire network that allows users to conduct transactions and send cryptographic data without fear of being detected. You don’t have to worry about anyone else knowing where your money is coming from, how big your account is and where you’re sending it. So, is it worth changing your wallet just for the extra camouflage? Well, read our review of Empty Wallet to find out.

What is an empty wallet?

Clean Purse claims to be the most personal wallet for Ethereum that does not rely on a deposit. It exists as a Chrome-based browser extension, but it’s currently in early access – just like this Empty Wallet review – and you have to apply to use it. But beyond that, he wants to help solve privacy issues within the blockchain. In the blockchain space, users seeking privacy had to find and trust centralized services if they wanted to hide their cryptographic address, for example.

Users can also try to do it themselves to hide their cryptocurrency transactions, but they have to put in a lot of effort for each transfer. Empty wallet solves this problem by providing an all-in-one solution with its wallet. The system allows you to hide your financial data by mixing it with Blank’s money supply in a completely decentralized way. When these funds disappear on the other side, there is no trace of you in them.

What are the characteristics of an empty portfolio?

The key question Clean Wallet has identified is how everything can be traced back to you. For example, when you connect your wallet to a decentralized application, the application can see both your wallet ID and your IP address. If someone looked deep enough into that data stream, they could see all the other dApps you use, what your wallet is connected to, all your past transfers, and how much crypto you have in your wallet.

In our Empty Wallet review, we look at how they were able to hide all this information. In short, Empty Wallet uses smart contracts that allow users to hide the amount of cryptocurrencies stored in a completely decentralized and invisible way. Every time you make a withdrawal, Empty Wallet creates a new wallet address for you with the amount of cryptocurrencies you requested, which comes from a smart contract that aggregates all user funds.

There are several advantages for the end user. Only the user can consult, manage and see his balance. Using a smart contract binds all of your users’ assets and ensures that outsiders cannot track your funds. Furthermore, it also means that you can hide where you obtained your assets and how they are used, unless you don’t want to. In addition, there is no KYC or AML and a new empty wallet, with no history, must be created for each transaction.

How does an empty wallet work?

Empty Wallet believes in the idea that privacy should not be an optional feature, but should be included in the wallet service by default, and users can choose not to use it if they want. Several key technologies make this possible. They are currently in the V1 development phase, where much of Blank’s functionality is based on the private transaction technology developed by Tornado Cash.

The Tornado Mixer allows anyone to send or mix their Ether (or Ether-based) cryptocurrencies in a non-cast form, backed by strong cryptography. This is made possible by the smart contracts mentioned above, which are then triggered by zkSnark evidence. So when someone makes a deposit, they generate a secret and send a Pedersen hash with the money to link it to a smart contract that executes it.

The hash acts as a one-way function. This means that the secret hash can be easily calculated, while it is almost impossible to decipher the secret of a given hash. This ensures that only the user with the secret can withdraw this money. With zkSnark, the user (or depositor) can then reveal the corresponding secret to prove that it was his deposit that was locked in the smart contract, where he can then make a withdrawal. This guarantees complete anonymity.

How can an empty portfolio improve existing concepts?

The empty wallet improves this formula by making it more flexible and user-friendly. By logging into the anonymity pool, Blank users no longer have to worry about remembering their secret passphrase or be forced to create multiple wallets. Empty Wallet goes one step further and protects the user’s privacy both inside and outside the chain (the user is always tracked) by integrating with the Tor network. Another advantage of the empty wallet is security.

All important data, such as the user’s passphrase, wallet addresses, keys and other account information, are stored in the local web browser. There is no online storage database that can be used and each user owns their data. In addition, Empty Wallet uses the MetaMask eth keychain library to store and manage user accounts. To make sure everything is safe, all user secrets of the zkSnarks Tornado feature are stored in your wallet’s passphrase.

In this Blank Wallet review, they can support a wide range of Ethereum-based tokens, including Ether itself, Wrapped Bitcoin (WBTC) for DeFi applications, and ERC-20 crypto roles. Blank Wallet then adds additional features such as Web3 compatibility for decentralized finance services (DeFi), support for partial withdrawals, automatic deposits, a referral system to attract new users, and revenue sharing, in addition to its simplified, concise, and fluid user interface.

What does the economy of an empty wallet look like?

Pure Wallet can not only offer a free wallet app, but also has a strong economic rationale when it comes to sufficiently monetizing its services. This can be achieved with relative ease, as Blank offers additional benefits and features, such as. B. Increased privacy and anonymity that other portfolios generally do not offer. At the time of writing this article on Empty Wallet, the bank is planning to introduce a withdrawal fee of 0.25%.

Note that this only applies to recordings through Blank’s designated privacy pool, and that the rate may increase or decrease based on user feedback. Otherwise, regular features or users who don’t want to take advantage of the enhanced privacy measures can use the wallet for free. An empty wallet is marketed through referral and affiliate programs, influencer marketing or its community angels. In addition, there will be special incentives on the Blank, such as bird drops and giveaways.

What are empty wallet coins?

Empty Wallet not only offers secure, user-friendly and confidential storage of cryptocurrencies, but also has its own utility token, BLANK. In addition to providing liquidity to fund BLANK portfolio development and marketing efforts, BLANK tokens are primarily used to access additional premiums in the portfolio and the ability to monetize their value. There are several options that BLANK token holders can use in the BLANK wallet application:

Lower fees – As we mentioned in our review of Empty Wallet, users may have to pay to access certain privacy features or to withdraw money. Fortunately, users can get a discount on their fees by keeping BLANK tokens in their wallets. This is done according to the level; 1000 WHITE = 10% discount on fees; 5000 WHITE = 15% discount on fees; 10 000 WHITE = 25% discount on fees.

Fiche branding – Some chips around BLANK will be based on a deflationary model to increase their rarity. Half (50%) of the total fees collected by Empty Wallet or its smart contracts will be used to remove BLANK chips from the market and burn them. Over time, the supply of circulation decreases.

LPs can make money – Empty Wallet will offer BLANK tokens on Uniswap. To maximize the liquidity of the trading pool on the Uniswap decentralized exchange (DEX), users can deposit BLANK tokens and become liquidity providers (LP). To encourage this, LPs can earn 50% of the total transaction cost of this Uniswap BLANK pool.

Referrals and Rewards – Users can help Empty Wallet grow by referring to the referral program. Regular users, influencers, blogs, or news outlets can be rewarded for their recommendations. To encourage use of the BLANK ecosystem, all rewards will be paid out in BLANK tokens. Future issues of Birds on Empty Wallet will also be sent by BLANK only.

Access to exclusive features – As the number of empty wallets increases, there is a lot of experimentation with software. This allows holders of a certain number of BLANK tokens to be invited to participate in alpha or beta testing for new and exciting additions. Additional portfolio features, such as. B. the ability to store more hosting addresses will only be offered to BLANK token holders.

blank net wallet tokenomics.

At the time of this Pure Wallet review, BLANK chips cost $3.13. Due to their relative newness, BLANK tokens have seen large price fluctuations recently. This current value would put it 43.40% below its all-time high of $5.54 since the 1st. April 2021. Meanwhile, the price is up 589.40% from its historic low of $0.4545 on June 7. March 2021. With a market capitalization of $51,408,953, BLANK is the 588th most valuable crypto currency.

The total supply is 125,000,000 BLANK tokens (16,406,687 BLANK tokens are currently outstanding). Two medals have been sold so far. During the private financing round, 35,000,000 BLANKs were sold at a price of $0.0515 each, raising a net of $1,802,500,000. Later in the public sale, 1,875,000 BLANKS were sold at $0.064, raising another $120,000. Future sales and distributions will be such that the BLANK tokens will gradually disappear over the next 2 years (24 months) as shown below:

Marketing/listing – BLANK 12,500,000
Liquidity/adoption incentives – BLANK 40,000,000
Team members – BLANK 15,000,000
Advisors – BLANK 5,000,000
Development funding – BLANK 15,625,000

See also: Price expectation for empty handbag

What is the future of an empty portfolio?

As we mentioned in our review of Empty Wallet, they are currently in the early stages of V1 access. Then we saw Blank integrate all of its core functionalities into the portfolio, including a single compliance key for proof of funds. Future updates and enhancements to Clean Wallet will occur quarterly.

Q2 2021 (V2 Blank) – In Q2 we will see a growing list of ERC-20 compatible tokens deposited and stored in the wallet, as well as the creation of a new WBTC pool. At this point, your empty wallet should also be Web3 compatible, so you can easily plug it in to access deFi apps. A public safety audit is then conducted to verify that the safety measures implemented by Blank are working as intended.

Q3 2021 – Now notice that Blank has added even more extras already mentioned. This includes automatic deposits, where money deposited into an Empty Wallet address can optionally be sent directly to the main Empty Wallet pool. A unique address is set, with Blank automatically creating a new blank address at the time of revocation. Users can now earn rewards through their referral system, as well as general privacy improvements with Tor integration.

Q4 2021 (Empty V3) – In their latest round of roadmap plans, starting with this revision of Empty Wallet, they will add more features. This includes partial withdrawals, where users can withdraw only a small portion of their deposits into independent Ether pools that are no longer dependent on Tornado Cash. A unique reward system for pools will be built, and some of Blank’s features will be integrated into MetaMask, so users can install plug-ins to take advantage of Blank’s privacy features in MetaMask.

Vacancy assessment – Conclusion

Summarizing our review of Empty Wallet, we conclude that all blockchain enthusiasts and crypto adopters are definitely not using their tokens for nefarious actions. In fact, only a very, very small percentage of users have any connection to illegal activities. But in a world of ubiquitous surveillance, it seems that privacy is no longer a free lunch for anyone. Even the former CIA director said the advent of blockchain would actually improve surveillance.

Nevertheless, the creation of Clean Wallet is another step in the fight for user privacy. With its simple, well-designed browser portfolio, Blank offers every user the transparency and ease of use of advanced privacy features that not long ago required a lot of elbow-work and brainpower to use. You don’t have to worry about someone searching your portfolio or tracking your funds. After all, it’s your money, not someone else’s.

Empty portfolio overview

• Sociability
• Features
• Project values
• Tokenomics model
• Long-term sustainability

For

• The user interface is clear, user-friendly, uncluttered, with smooth and seamless navigation.
• Provides users with additional privacy and security features not found in other wallets: hiding funds in the wallet, anonymous withdrawals, bulk deposits, preventing on- and off-chain tracking, etc.
• Provides a higher level of security, e.g. strong cryptographic encryption, storage of user data on the device and verification of security measures.
• Activating BLANK tokens will give users more ways to monetize their assets, receive a wallet discount or access additional bonuses.
• A strong commitment to future roadmap updates and a promise to come up with additional features and services to grow your portfolio.

Cons

• Wallet is only available as a Chrome web extension, with no convenient desktop or mobile app.

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