The Reading Room — CoinCync
Testnet live — 9 nodes — block

Your money
is yours.

A privacy-first cryptocurrency where every transaction is shielded by default, supply is cryptographically auditable, and no permission is required to participate.

22
Privacy features
100M
Supply cap
0%
Dev tax
16
Ring size
30%
Fee burn
"We built CoinCync on one principle: your money is yours. Not visible to surveillance. Not subject to seizure. Not dependent on permission. Enforced by proofs, not promises."
— The CoinCync Manifesto
§ 01

Three principles.
Zero compromise.

§ 01

Private by default

Every transaction is shielded with CLSAG ring-16 signatures, Pedersen commitments, Bulletproofs+ range proofs, and stealth addresses. No opt-out. No transparent mode. Privacy is mandatory.

§ 02

Auditable by anyone

Supply is cryptographically verifiable. Pedersen commitments are additively homomorphic — they balance without revealing amounts. No trusted setup. No ceremony. Anyone can audit.

§ 03

No permission needed

CPU-only RandomX mining. 0% developer tax. No premine. No founder allocation. The Constitution enforces these rules at the protocol level — permanently.

§ 02

Four layers of privacy.

Each layer addresses a different attack surface. Together they provide the strongest privacy guarantees of any cryptocurrency.

Layer 1 — Cryptographic

Protects the content

Who sent. Who received. How much.

  • CLSAG ring-16 signatures — real signer hidden among 16 decoys
  • Stealth addresses — one-time Ristretto255 destinations
  • Pedersen commitments — amounts hidden, homomorphic balance
  • Bulletproofs+ — compact non-negative range proofs
  • Encrypted memos — ChaCha20-Poly1305 + ECDH
  • Key images — double-spend prevention without revealing source
  • View tags — 90% faster wallet sync
Layer 2 — Network

Protects the metadata

IP addresses. Timing. Traffic patterns.

  • Dandelion++ — random stem path before broadcast
  • Noise_XX — Signal-grade encrypted P2P
  • Traffic shaping — 0–200ms random jitter
  • Constant-rate padding — masks activity patterns
Layer 3 — Wallet

Protects the user

Selective disclosure. Plausible deniability. Recovery.

  • Uniform decoy selection — defeats recency analysis
  • Time-scoped view keys — export for a specific block range
  • Plausible deniability — dual-password encryption
  • Auto-churn — Poisson-distributed self-sends
  • Dead man's switch — time-locked recovery
  • Uniform 2-in/2-out shape — defeats heuristic analysis
  • FROST multi-sig — indistinguishable from single-sig
Layer 4 — Constitutional

Enforced by consensus

Hardcoded rules that no one can change.

  • Mandatory privacy — no opt-out, no transparent mode
  • No surveillance — no blacklists, no freezing, no backdoors
  • No balance lookup — no RPC to query an address
  • 4th Amendment — financial records constitutionally protected
§ 03

How a transaction works.

Four cryptographic layers protect every transaction. Here's what happens when you send CYNC.

SENDER CLSAG RING-16 hide sender C rG + vH BP+ PROOF PEDERSEN + BP+ hide amount ONE-TIME STEALTH ADDRESS STEALTH ADDR hide receiver No observer can link sender, receiver, or amount.
§ 04

Sound money.
Provable scarcity.

An asymptotic emission curve with tail emission and fee burn creates a self-sustaining, naturally deflationary currency.

Supply cap100,000,000 CYNC
Block time120 SECONDS
AlgorithmRandomX CPU-ONLY
Initial reward~50 CYNC/BLOCK
Tail emission0.6 CYNC/BLOCK FOREVER
Fee burn30% DESTROYED (50% CONGESTED)
Developer tax0% CONSTITUTIONAL LOCK
Premine0 EVERY CYNC WAS MINED
Emission Curve — reward = max(0.6, (100M − mined) / 2M)
50 25 12.5 0.6 0 5y 10y 20y 50y TAIL 0.6 CYNC / BLOCK YEARS SINCE GENESIS
No halvings. No cliffs. Smooth asymptotic decay to 0.6 CYNC/block tail emission — sustaining miners forever while keeping supply capped at 100M.
Fee Distribution
NORMAL
30% BURN
70% MINER
CONGESTED
50% BURN
50% MINER
Burned CYNC is permanently destroyed — reducing effective supply over time.
§ 05

How CoinCync compares.

FeatureCoinCyncMoneroZcashBitcoin
PrivacyMandatoryMandatoryOptionalNone
Ring signaturesCLSAG-16CLSAG-16
Range proofsBulletproofs+Bulletproofs+Halo2
Trusted setupNoneNoneWas requiredN/A
Supply auditablePedersenPedersenYesTransparent
MiningRandomX (CPU)RandomX (CPU)Equihash (GPU)SHA-256 (ASIC)
Dev tax0%0%20% (ended)0%
Fee burn30%0%0%0%
Multi-sig privacyFROST (hidden)VisibleVisibleVisible
ConstitutionEnforced
Privacy
CoinCyncMandatory
MoneroMandatory
ZcashOptional
BitcoinNone
Ring signatures
CoinCyncCLSAG-16
MoneroCLSAG-16
Zcash
Bitcoin
Range proofs
CoinCyncBulletproofs+
MoneroBulletproofs+
ZcashHalo2
Bitcoin
Trusted setup
CoinCyncNone
MoneroNone
ZcashWas required
BitcoinN/A
Mining
CoinCyncRandomX (CPU)
MoneroRandomX (CPU)
ZcashEquihash (GPU)
BitcoinSHA-256 (ASIC)
Dev tax
CoinCync0%
Monero0%
Zcash20% (ended)
Bitcoin0%
Fee burn
CoinCync30%
Monero0%
Zcash0%
Bitcoin0%
Multi-sig privacy
CoinCyncFROST (hidden)
MoneroVisible
ZcashVisible
BitcoinVisible
Constitution
CoinCyncEnforced
Monero
Zcash
Bitcoin
§ 06

Written in stone.

The CoinCync Constitution is permanent. It cannot be amended, repealed, or superseded. These are not promises — they are protocol rules.

Article I — Fixed Supply
"The total supply of CYNC shall never exceed 100,000,000 coins. The network itself will reject any block that violates this formula."
Article III — Mandatory Privacy
"All transactions on CoinCync are private. There is no transparent mode. There is no opt-in privacy tier. Privacy is mandatory."
Article IX — No Surveillance
"The CoinCync protocol shall never include any feature whose primary purpose is to enable financial surveillance. Blacklists, chain analysis hooks, mandatory memos are permanently prohibited."
Article X — Immutability
"This Constitution is permanent. It cannot be amended. It cannot be repealed. It cannot be superseded by any governance process."
§ 07

Three commands to mine.

Build from source and mine your first block. Any CPU. No GPU required. No pool required.

coincync — bash
# Clone and build (Rust 1.75+, ~3 min)
$ git clone https://github.com/CoinCync/Coincync-Testnet-.git
$ cd Coincync-Testnet-
$ cargo build --release --features "randomx testnet"
  Compiling coincync v1.0.1 — 520 tests pass

# Start a node
$ ./target/release/coincync-node --network testnet
  Syncing... block 43891 of 43891 (100%)

# Mine on personal hardware (cloud VPS providers prohibit it)
$ ./target/release/coincync-tui-miner --testnet --address tCYNC3... --threads 4
  Mining at 142 H/s — RandomX — 4 threads

Don't want to build from source? Get 10 free tCYNC from the testnet faucet to try the wallet.

Open Faucet →
§ 08

Get started.

Download the wallet, mine with your CPU, or run a node to strengthen the network.

§ 09

What's next.

A transparent roadmap for CoinCync development.

Phase 1 — Foundation
Core Protocol & Testnet Launch
RandomX CPU mining, CLSAG-16 ring signatures, Bulletproofs+ range proofs, stealth addresses, Dandelion++ propagation, desktop wallet, block explorer.
Complete
Phase 2 — Privacy Innovations
7 Advanced Privacy Features
Decoy defense, encrypted memos, scoped view keys, deniable wallets, traffic shaping, dead man's switch, auto-churn. FROST multi-sig indistinguishable from single-sig.
Complete
Phase 3 — Hardening
Security Audits & Mainnet Prep
Third-party security audits, stress testing, wallet UX improvements, documentation, community growth, exchange outreach.
In Progress
Phase 4 — Launch
Mainnet Genesis
Mainnet launch October 2026. Mobile wallet beta, hardware wallet support, atomic swaps, merchant tools, decentralized pool infrastructure.
Planned
Mainnet Genesis
October 1, 2026
00:00:00 UTC — the first block that can never be changed
Days
Hours
Minutes
Seconds
§ 10

Security & bug bounty.

We pay for vulnerabilities. Responsible disclosure protects everyone.

Critical
$5K–$50K
Supply inflation, chain split, privacy break, key extraction
High
$1K–$5K
Node crash, double-spend, key image bypass, consensus bypass
Medium
$100–$1K
Mempool manipulation, DoS vectors, privacy leak for specific users
Low
$50–$100
Minor info leak, non-consensus crash, documentation errors
Report to [email protected] — PGP: 2CAA 920F 8B96 1772 — 520+ tests in CI
§ 11

Frequently asked.

Is CoinCync a Monero fork?
No. CoinCync is written from scratch in Rust. It uses similar cryptographic primitives (CLSAG ring signatures, Pedersen commitments, Bulletproofs+, stealth addresses) because those are the strongest known tools for transaction privacy. But the codebase, consensus rules, emission curve, fee model, and Constitution are entirely original.
Can I mine on a laptop?
Yes. CoinCync uses RandomX, a CPU-only proof-of-work algorithm. GPUs and ASICs offer no advantage. Any modern CPU with 2GB of free RAM per thread can mine. At genesis, a laptop with 4 cores earns roughly 50 CYNC per block found.
How is supply auditable if amounts are hidden?
Pedersen commitments are additively homomorphic. This means you can verify that inputs equal outputs without knowing the actual amounts. Every node independently checks that no coins are created from nothing — the math balances without revealing any values. Combined with Bulletproofs+ range proofs (which prove amounts are non-negative), this guarantees no hidden inflation.
Why no GPU or ASIC mining?
RandomX is designed so that the most efficient hardware to execute it is a general-purpose CPU. An ASIC for RandomX would essentially be a CPU, offering no economic advantage. This keeps mining accessible to anyone with a computer and prevents the centralization that GPU farms and ASICs create in other networks.
What happens if I lose my keys?
Your funds are controlled by your 24-word seed phrase, encrypted with Argon2id + XChaCha20-Poly1305. If you lose both your seed phrase and your wallet file, the funds are permanently inaccessible. CoinCync includes a dead man's switch feature — time-locked recovery that can send funds to a backup address after a configurable period of inactivity.
Can I disclose transactions for tax or audit purposes?
Yes. Time-scoped view keys let you selectively reveal transactions within a specific block range to an auditor, exchange, or tax authority — without exposing your full history or breaking anyone else's privacy. You choose what to reveal and to whom.
When does mainnet launch?
October 1, 2026 at 00:00:00 UTC. The genesis message reads: "CoinCync Mainnet Genesis - Privacy You Can Audit - October 2026". Until then, the testnet is live with mining active. All testnet coins will be wiped at mainnet launch.

Don't trust.
Verify.

Every CYNC in existence traces to the emission curve. The math can be checked by anyone, at any block, on their own node.