The weakness of LUNC lies in the fact that there is no one privacy layer available, making all the transactions visible. How does this problem get solved?
Privacy being mandated across each transaction that happens on the network without any exception or choice. Each transaction will have more encryption layers added to itself as time passes, thus becoming more and more indestructible as it gets older.
In case both parties consented to reveal their identity, you may be able to tell who sent to whom, but the amount remains locked in forever. There’s absolutely no way to uncover it, even with a protocol-wide mechanism.
Every transaction comes with an additional layer which shows the exact number of layers it already has. This chain grows thicker with each passing year.
Not a feature but a new basis for the whole of LUNC. The idea is yours to build on, I’d love to see the community and developers take it further.
Currently, there is zero privacy on LUNC, with every transaction, the parties involved, and amount permanently viewable by anyone. The DARK SIDE protocol tackles this problem with four core mechanics embedded at the protocol level.
Compounding Encryption. Transactions are encrypted by default and then are spoofed across the network. Every hop adds yet another layer of encryption on top of the previously added one. Once transactions are settled in the chain, the encryption process is automatically repeated every epoch. The older the transaction is, the less accessible it becomes. This mechanic is completely unique compared to the static encryption protocols of Monero, Zcash, and Dash.
Rooting. In case the sender and recipient agree to disclose their identity, one may be able to prove who sent money to whom. However, the amount remains forever concealed by any possible means without ever being exposed.
Layer Stamps. Every transaction gains an immutable proof of the number of layers it was encrypted with, becoming a native trust signal for the network.
Baking. The more transactions are made, the more fees are earned, and the more LUNC destroyed.
It can be described as staking but rather than being inactive, you are hardening the chain and burning LUNC with each and every transaction made. You increase deflationary pressure through activities within the network.
Each privacy transaction is part of the LUNC burn program, the more transactions you do, the more encrypted your previous transactions will be, while at the same time burning LUNC in the process.