In his recent essay for Casey's Daily Dispatch, author and adventure capitalist Paul Rosenberg endorsed SilentVault. Here are his words about us:
One of the biggest concerns with Bitcoin is that it has serious privacy issues. Bitcoin is the most transparent currency ever created. If you don’t take steps to protect your privacy when using Bitcoin, anyone anywhere can view your entire transaction history. SilentVault offers a solution to the Bitcoin privacy issue. It also facilitates trade in other currencies, including gold and silver.
SilentVault is a wallet application that allows users to bring in cryptocurrencies (currently Bitcoin and Litecoin), then to spend them “silently,” or “off chain” (not recorded on the transparent ledger/blockchain).
What you hold and trade with your SilentVault wallet are vouchers representing assets, not the assets themselves. While this is obvious for gold or silver, which are not digital assets, the distinction is important for Bitcoin. The wallet contains vouchers, which are cryptographically signed, digital bearer certificates that are analogous to coins.
These vouchers can be traded and exchanged with other SilentVault wallet users privately, securely, and in a peer-to-peer fashion. The system can also be used as an exchange, as you can trade vouchers backed by different assets (bitcoin, gold, silver, etc.) with fellow users.
SilentVault systems are built using privacy and security-focused software. All communications are made within private servers with no public-facing IP addresses. End-to-end encryption is used so that even SilentVault can’t monitor chats or view the contents of users’ wallets.
SilentVault is available for use today.
A Free-Man’s Take is written by adventure capitalist, author, and freedom advocate Paul Rosenberg. You can get much more from Paul in his unique monthly newsletter, Free-Man’s Perspective.