In a world where online privacy is becoming increasingly important, digital commerce doesn't get its fair share of the spotlight.
We don't want people snooping on what we do online or with our money, we all have a basic human right to privacy. It stands to reason then that entrusting our financial information to banks and credit card companies leaves us exposed. We at ARMR feel that your financial transactions should be even more protected than your browsing habits, and we are putting our proverbial money where our mouth is.
Our network protects one of your most valuable assets; freedom to purchase and buy without leaving a trace. We believe it's possible to have fast, reliable, truly anonymous transactions, and we are here to do just that.
This ARMR phase is where ARMR will be launched. We consider this launch our most basic with regards to features, however, at ARMR we believe security and anonymity not as a feature, but as a right. As such these are the features
implemented for launch.
We believe it is essential to have complete anonymity on any transaction; therefore, we do not see Stealth as a choice, but as a must. All transactions will be in Stealth and only Stealth.
There is no point in having an anonymous coin that has Stealth Transactions, but not Stealth Staking. Right from the start we have implemented Stealth Staking which hides the users who are staking ARMR.
We are using TOR+OBFS4 with automatic ring signatures to keep the transactions as difficult to track as possible. We don’t feel your location should be pertinent to your rights. Yes, you will also be able to
use this coin in countries where TOR access has been disabled.
We mentioned Ring Signatures, but what we haven’t mentioned is what we have done to them. We have made changes to our algorithm which changes the ring size randomly, making it harder for eavesdroppers to even know what they
are looking for.
This will provide our users with complete transactional anonymity making it harder to determine the true source of funds for a transaction.
A transaction is a way of communicating; however, we needed to take it one step further and actually allow for encrypted messages between transacting parties. If you buy something, you know that when you are in communication
with them, it is safe and secure.
We want to make it easier and better for our users. As such we have made changes to our wallet to sync asynchronously for better performance and to use resources in a more efficient way.
You no longer have to wait for someone to ask for your wallet. If you know theirs, you can send them a request for ARMR, making payments quicker and easier.
Phase 2 - Additional security measures to prevent anyone being able to read the ledger and determine A>B transactions, even from our side. We couldn't track them if we tried.
Chainmail Transactions is our take on securing transactions by routing them across multiple wallets. We do this by routing multiple payments through a multiple random number of wallets with varying random amounts over a random
period anywhere between 10 minutes and 3 hours.
The routed micro transactions will not be visible to anyone other than the sender and the receiver of the Chainmail transaction. Transactions made in this manner are accessible immediately.
See below for more details on randomized transaction routing.
If users keep their wallets running and enable the Blacksmithing protocol, it’ll allow the Chainmail system to covertly route transactions through their wallets, thus fortifying ARMR as an anonymous and secure system.
The more ARMR you hold, the more you can help expedite transactions on the network process. Blacksmithing enabled wallets will receive a percentage of the transaction costs routed through them. These percentages will be raised
the longer a Blacksmithing enabled wallet remains active.
By enabling the Blacksmithing protocol on your wallet, you’ll also receive up to an additional 5% a year as a thank you for helping secure our network.
The Master Blacksmith is our take on Masternodes, but with a twist. We hate crypto’s that require you to have a minimum amount to become a Masternode. In order to become a Masternode, all that we require is that you have staked
for a certain amount of time. We do have other criteria which we will release in the white paper, but none of it is related to how much ARMR you hold.
We also want to reward our Master Blacksmiths fairly, and therefore, besides receiving a higher percentage of the transaction cost, you will also receive at the end of each day a part of a transaction pool (as well as the guaranteed
5% ARMR per year), depending on how long you have staked and how many transactions you have helped secure, you can get up to 8%.
If you are a Master Blacksmith, congratulations. It means you have proven yourself by being a valuable partner for ARMR. Because of this, any Master Blacksmiths will also have a vote in our roadmap, and even
our strategy. You aren’t just staking for rewards. You are staking for a voice.
We also want to reward those who spend and use their ARMR in their daily lives. If you are not a staker, each transaction that you initiate will net you 1 ARMR repair ticket. For each transaction that is processed part of that
fee will go an ARMR repair pool. At the end of each day we will give one lucky user, who is a non-staker, the value of the ARMR repair pool.
Revision 0.5. Published April 2018
Our plans for ARMR product development and enhancements
ARMR Wallet (Windows, MAC, Linux)
Default Stealth Mode
TOR+OBFS4 with Ring Signatures
Better Sync Performance
Encrypted Transactional Messaging
Master Blacksmith (Masternodes)
BISQ TOR Decentralized
ARMR Transactional Protection
Android App Dev.
BTC/ETH Wallet Integration
Web Wallet Interface
Apple iOS App
Virtual Credit Card Integration
We have decided to keep the team anonymous for now. We plan on releasing info about the members of the core team at a later stage, but as some of us are working in businesses where anonymous crypto coins might not be well looked upon,
we have chosen this approach.
Talk to us on Telegram:
CPO (Chief Product Officer): @armr_product
CBO (Chief Branding Officer): @armr_team
Lead Developer: @lead_developer_armr
Head of Marketing: @pr_armr
Head of Webdeveloping: @core_webdev_armr
Founded by a group of blockchain enthusiasts ARMR aims at providing users digital asset transactions and services which are designed around security and anonymity, integrating premium assets worldwide, and constructing a state
of art blockchain platform. ARMR is not a company, there was no ICO held upon the launch.