Stealth
Crypto Overview
Overview
Stealth (XST) is a cryptocurrency focused on privacy and anonymous transactions, launched in 2014. The project implements StealthStaking, a Proof of Stake consensus mechanism that aims to provide anonymous staking capabilities.
Purpose and Utility
The primary intended purpose of Stealth is to serve as a privacy-focused digital currency, enabling anonymous transactions and staking. The project emphasizes transaction privacy through various technological implementations.
Business Model and Development
The project appears to have limited recent development activity. While the core privacy features remain functional, the ecosystem shows minimal growth in terms of new features or improvements.
Real-World Adoption
Current usage of Stealth appears to be minimal, with low trading volumes and limited ecosystem activity. The primary use case remains as a privacy-focused currency for those seeking anonymous transactions.
Token Distribution
The token distribution appears to be fairly decentralized, with no indication of significant founder holdings or concerning concentration of tokens.
Technology Analysis
The underlying technology focuses on legitimate privacy features and staking mechanisms. The project does not involve interest-based lending, gambling, or other prohibited activities.
Crypto Impact
To assign a comfort level investing in Stealth from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Stealth.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.