Woolongs is an open-source cryptocurrency created in June 1 2019 that focuses on frangibility, privacy and decentralization. Woolongs use an obfuscated public ledger, meaning anybody can broadcast or send transactions, but no outside observer can tell the source, amount or destination. Woolongs uses a Proof of Work mechanism to issue new coins and incentive miners to secure the network and validate transactions.
Woolongs are a fast, secure and private cryptocurrency, inspired by Cowboy Bebop. Woolongs are designed for daily transactions, intergalactic bounty contracts, and everything in between.
Woolong is creating the solar system’s first universal, decentralized, and anonymous payment ecosystem.
The conventional cryptocurrency ecosystem is stagnant — we must create new dreams and technologies by breaking traditional styles. The next generation of cryptocurrencies, which becomes a new currency itself, will be called… WOOLONG (WOO)
WOO is based on the Cryptonote Platform.
The Bottom Line: By combining methods; unlinkable public keys and untraceable ring signature, we achieves a new level of privacy in comparison with the original Bitcoin scheme or other schemes built on a similar foundation