Spectrecoin (XSPEC) is an innovative, privacy-centric cryptocurrency featuring a highly efficient Proof of Stake algorithm that provides fast transaction confirmations, ring signatures for privacy and anonymity, and fully integrated Tor+OBFS4 layers for IP obfuscation.

Project Features

1. Ring Signatures
Every private transaction appears to be signed by a user from a randomly selected group of users, making it impossible to determine who provided the signature.

2. Stealth Addresses
A random one-time address is created for each transaction on behalf of the recipient. By using stealth addresses, transaction unlinkability can be ensured.

3. Dual Coin System
XSPEC (public and transparent) and SPECTER (private and untraceable) can be easily swapped at any time, providing accountability or anonymity as needed. Both coins are used for rewards.

4. Stealth Staking
Anonymous Proof of Stake is a unique consensus algorithm that uses ring signatures for anonymous staking rewards without revealing balance records publicly and without linking users to staking transactions.

5. Proof of Stake V3
A blockchain consensus model where the next block creator is chosen through a combination of randomness, wealth, and coin age, enabling faster transaction approvals and a more scalable network.

6. Tor + obfs4
Spectrecoin runs as a Tor hidden service, protecting your IP address by routing traffic through multiple hops on the Tor network. OBFS4 disguises the use of Tor as normal internet traffic, aiding users in countries where Tor is blocked.

7. Declining Inflation Rate
Due to XSPEC and SPECTER offering different fixed staking rewards, the inflation rate will depend on the ratio of XSPEC to SPECTER staked on the network but will decrease over time.

Relevant Links:
https://spectreproject.io/