Categories: Bitcoin Entertainment

OpalCoin Joins the SuperNET Core, Partners with Storj

Click here to view original web page at

Opal, an anonymity- and ease-of-use-centric 2.0 coin app, has partnered with Storj and the SuperNET to bring to the mainstream a blockchain-secure, anonymous information network.

Opal gemstones transmit no light, and therefore reflect, scatter, or absorb it. These qualities lead to opacity. This is the soul of OpalCoin.

With the goal of creating the privacy-centric technology, the seasoned and verified team of developers has been building on top of cutting edge 2.0 technologies for the past months. The result is a layer on top of some of the most innovative platforms available today. However, its greatest innovation and focus is to make this technology available to everyone, not just tech-savvy individuals.

Users can download the application here and begin to take advantage of the developing Opal suite.

Through the use of opaque addresses, an implementation of Peter Todd’s stealth addresses, Opal’s suite allows for an easy-to-use, anonymous deposit addresses that can receive funds, while making the amounts and details of transactions invisible. This is especially useful to anyone concerned with the increasing revelations of Bitcoin’s weak anonymity, which makes it less private than cash itself.

To further improve information privacy, Opal has joined the SuperNET core. The SuperNET is a conglomeration of the most innovative blockchain technologies, bringing them together under one application, and allowing users frictionless flow between them, on a decentralized platform.

The most relevant side of Opal’s integration with the SuperNET is its merging with Teleport and Telepathy. These complementary technologies allow anonymous transfer of information and cryptocurrencies. They do this by blurring the associations between IPs, and senders and receivers of information. In other words, they fill in security where Bitcoin failed.

Whit Jack, lead developer of Opal, has told CoinTelegraph that SuperNET has officially acquired 10% of OpalCoins, to be added to the SuperNET asset, as a kind of ETF of core SuperNET technologies.

Opal has also integrated Bittrex’s API to allow trading on its exchange directly from the Opal Qt software. The developers are also looking into integrating Cryptsy to provide a similar service, offering anonymity and relief to cryptocurrency traders worldwide.

However, implementing opaque addresses and joining the SuperNET core are just the beginning. Opal has partnered with Storj, a decentralized and private cloud-storage solution built on top of Counterparty. Storj has received much praise and recognition from community leaders.

Users of the soon-to-be-released Opal Drive will be able to store and send messages and other data encrypted end to end, using blockchain technology to do away with single points of failure. This comes at a time when concerns about information security and privacy are at an all-time high, as the team explains in their white paper.

Decentralized storage offers many times the security of centralized cloud storage companies such as Dropbox and Google Drive. This is particularly relevant to companies and individuals that deal with sensitive information. Not only would the information be distributed among hundreds, if not thousands, of Storj contributors, but it could also be encrypted with a multisig address instead of a single-signature one, further decentralizing and securing access to those files from the client side.

OpalCoin, the cryptocurrency that enables secure blockchain technology, has been trading on exchanges for a while. As news of its partnership with Storj spread, the value of the coin went up by over 150%. This is before announcements of its SuperNET integration.

Unlike many altcoins, OpalCoin has met every standard of reputation the community has, from partnership with leading organizations, to verification on Coins Source and proof of developer.

To learn more, visit their website at OpalCoin.

Did you enjoy this article? You may also be interested in reading these ones:

Do you want your business to enjoy the support and exposure of the leading cryptocurrency media group? Talk to us about a free placement in our Business Catalog.

Opal gemstones transmit no light, and therefore reflect, scatter, or absorb it. These qualities lead to opacity. This is the soul of OpalCoin.

With the goal of creating the privacy-centric technology, the seasoned and verified team of developers has been building on top of cutting edge 2.0 technologies for the […]


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by
Tags: mediaone

Recent Posts

Wealth manager launches world-first bitcoin yield fund

A US-based wealth manager has claimed an industry milestone with the launch of the first cryptocurrency derivatives-based yield fund on… Read More

5 hours ago

CME Group To Launch Bitcoin Options In Early 2020, Cites Client Demand

CME Group Inc (NASDAQ: CME ) announced Friday that it will launch options on its Bitcoin futures contracts in the… Read More

5 hours ago

Nigerian Rocks Crypto World By Returning NGN 28.8 Mn Worth Of Bitcoin That Was Sent To Him In Error

Here’s the latest on today’s edition of “Wait, What?!”; A Nigerian man woke up one day to find that NGN… Read More

5 hours ago

Bakkt: A Big Boost For Bitcoin (BTC) or Will It Flop?

Share Tweet Send Share The launch of the largest institutional bitcoin product of the year is finally upon us. Can… Read More

5 hours ago

Bitcoin (BTC) Metrics Pointing to Bullish Returns

Share Tweet Send Share Many analysts over the years have said that bitcoin is a speculative bubble, comparing it to… Read More

5 hours ago

Bitcoin Sheds $10,000 Support Again Ahead of Bakkt Launch

Ahead of the launch of Bakkt’s Bitcoin (BTC) futures, bears have continued to assert control over the cryptocurrency market. Ouch.As… Read More

11 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More