Introducing PowerKee — A decentralized cryptocurrency network that prioritizes privacy secured by proof-of-stake.
Bitcoin is gradually being brought under the control of large corporations and governments. Support from corporations that are closely aligned with the agenda of the leading nation states poses a risk to the future of Bitcoin and other leading cryptocurrencies.
PayPal’s recent support was voraciously taken by the market as bullish news. However, this development will expose the supported cryptocurrencies to censorship risks that were once minimal.
Applications that have been strongly supported by Bitcoin users have also shown an increased tendency towards blacklisting and censoring their users. One Cash App user shared how his account was shut down for no apparent reason.
Even Bitcoin Core developers are concerned about how governments may impose controls on the protocol. It is more important than ever that there is a cryptocurrency which ensures that users maintain control and are not subject to censorship.
Protect Privacy with Privacy
PowerKee is this cryptocurrency. The PowerKee protocol is grounded in sophisticated privacy technology that allows users to transact almost instantly while remaining anonymous.
PowerKee provides privacy and value transfer tools to the public in a time when authoritarian governments seek to suppress commercial activity which they can’t heavily tax. Transactions in the PowerKee protocol are confirmed almost instantly and are secured by a distributed network of masternodes.
Masternodes are established by stakeholders in the PowerKee network who hold native KEE tokens. These KEE tokens are staked to validate transactions with masternodes losing their stake if they act against the interests of the network.
Masternodes also provides KEE holders with an opportunity to earn interest on their holdings. Those who don’t hold sufficient tokens to operate a masternode can stake directly in their key wallet.
PowerKee’s primary value proposition is its strong protection of privacy. The PowerKee core team believes that privacy is a basic human right and the protocol is designed to protect the privacy of users.
The core team behind PowerKee demonstrate this by pushing the project forward despite remaining anonymous. Those who transact through the PowerKee protocol can also maintain anonymity.
KEE holders can nonetheless guide the future evolution of the PowerKee protocol despite their identity remaining private. They will play an important governance role by voting on upgrade proposals.
These holders will shape the evolution of PowerKee and determine what features will be possible on the protocol. PowerKee is the first decentralized anonymous organization that allows token holders to shape the future of the protocol while remaining private.
Supersede Suppression with PowerKee
Cryptocurrency technology has rapidly advanced over the past market cycle. The infrastructure is allowing hundreds of billions in capital to flow freely between borders.
Some regimes have attempted to suppress this activity. There has been a strict crypto OTC crackdown in China this year with a myriad of firms facing legal charges.
Governments may be leveraging the COVID-19 outbreak to regain control of the flow of monetary value. The rapid advancement of decentralized financial tools has hindered the ability of nation states to tax and ultimately control their citizens.
PowerKee provides netizens with an opportunity to regain this control. In an era where data is being easily handed over to corporations and nation states, PowerKee offers an alternative where users can be assured that their activity remains anonymous.
