Boolberry is a new cryptocurrency based on CryptoNote technology. Boolberry’s major benefit is to provide much stronger privacy to both the senders and receivers of transactions. It does so by ensuring that:
- receivers are anonymous (the destination of a transaction can only be determined by its real recipient);
- Transactions cannot be linked to a single sender; instead, each transaction could have many equally possible senders, and an attacker cannot determine which one it was.
Boolberry improves upon the base CryptoNote technology in several ways that strengthen its anonymity and reduce the size of the global ledger of all transactions, called the “blockchain”. It provides an aliasing facility built in to the blockchain so that people or programs can send money to, for example, “@zoidberg” instead of a long address. And it has an easy-to-use
GUI wallet that ships in source and binary as an official part of the Boolberry distribution.
- New cryptography based on ring signatures and one-time transaction keys provides the strongest privacy of any cryptocurrency;
- Separated wallet and daemon help improve usability and security;
- Flexible RPC-like network protocol provides a basis for flexibly extending the network protocol quickly and robustly;
- Blockchain-based PoW hash helps balance CPU, GPU, and ASIC speeds while providing extremely fast block verification;
- Outs with guaranteed anonymity The output of a transaction can be marked so that it can only be later used with a certain number of mixins. By using only coins thus marked, a user that mixing her transactions for privacy can ensure that the transactions remain private over time.
- Alerts (signed by developers) broadcast via peer-to-peer mechanism, inform both users and miners of critical updates or other important events
- Transaction identification by prefix: this feature reduces blockchain bloat.pdf by cutting off ring signatures that are covered by a checkpoint. It can save 30-70% of the blockchain space, addressing an important drawback to CryptoNote’s stronger privacy.
- Wallet addresses aliasing: Any address can be linked to a symbolic name and be used globally. By being built into the blockchain, these aliases are globally unique (original), but do not require a central naming authority to maintain.