Spinada Cash

Spinada.cash is a fully decentralized protocol for private deals on Cardano blockchain. It breaks the on- chain link between senders and receivers of Cardano native commemoratives on the blockchain. This gives complete sequestration and security in a fully decentralized manner.

It uses a Zero Knowledge evidence protocol known as zk- SNARKs, developed by the good fellows at Zcash, to insure secure anonymous deals of Cardano means on the blockchain. It uses a Smart contract which accepts Cardano commemoratives and also allows anyone with a evidence of knowledge to withdraw those commemoratives through the use of Cryptographic crucial notes.

When a sender submits a sale, he receives a crucial Note and a corresponding hash is entered by the Smart contract. When a receiver furnishes the right Key note, it’s matched with the hash to affair the corresponding submitted commemoratives.