PEOS is an EOS-based project developing private, untraceable token transfers. pEOS combines Monero's technology with the performance of EOS using ring signatures, ringing confidential transactions and hidden addresses to obfuscate the source, amount and destination of all transactions. PEOS is essentially the core of EOS currency, fully compatible with DEX, and centered on privacy.

Project born

pEOS is an application technology based on the EOS public chain, dedicated to hiding transaction information on the chain.
Due to the open and tamper-proof nature of the blockchain itself, all transactions on the blockchain are visible to the entire network. That is to say, once someone knows that a certain address is owned by a certain person, all historical transactions of this address will be visible to the whole world. If you correspond this matter to your Alipay or your WeChat, if all your payment records are unreservedly visible, wouldn’t it be a terrible thing?
pEOS was born to solve such problems. pEOS uses a technology similar to Monroebi to enhance the privacy of transactions. Compared with Menoro or ZCash, which also provide privacy protection, the basic difference between pEOS and pEOS is that both Menoro and ZCash are newly developed public chain projects, and their community and user support are much different than those of EOS. Larger, the application will have greater resistance.
The reason why pEOS chose to start based on EOS is because of the strong performance and community support capabilities of EOS, so that pEOS does not need to spend energy on building the underlying system and ecology, but only needs to focus on providing a more robust, powerful and excellent experience. on the product.
From a market point of view, pEOS hits the market pain point and is a privacy protection solution for the EOS public chain.
pEOS tokens can be sent to EOS native accounts like any typical token on the EOS blockchain, or to private addresses. Native accounts are managed through normal EOS account permissions operations. However, in order for the system to hold anonymous tokens on private addresses, it generates two sets of private-public key pairs (v,s) and (V,S). s represents the key used for payment and v represents the viewing key.
A user of the pEOS contract has a public address (not associated with any of her public keys or accounts on the EOS blockchain) that can be distributed to other users, who in turn can send money to that address.
At the same time, tokens are never visibly transferred to this public address. Payments to this address are made by sending to a unique one-time address (similar to Bitcoin's UTXOs). These addresses are created by performing a Diffie-Hellman exchange so that both the sender (payer) and receiver (payee) receive a covert exchange of property.
External users cannot see payments made to the receiver's public address. However, the receiver can use the vkey to witness and identify the outputs in the transaction. She can also continue to use her vKey to spend tokens.
Meanwhile, while pEOS tokens can be transferred between EOS accounts like any other EOS-based token, in order for them to perform private untraceable transactions, a special type of wallet is required. Although the official hope is that the community will develop such a wallet, pEOS itself plans to develop a wallet-based solution.
In short, in theory, it is possible to hide transaction records.
The token name of pEOS is PEOS, the total circulation is 1.25 billion (1,250,000,000), and will never be issued. Among them, 1 billion is used for 1:1 airdrop to all EOS users; 50 million is used for operations, marketing and other reservations; 200 million is used for the founding team and R&D team.
The exact amount of airdropped PEOS will be determined on the snapshot date based on the EOS supply, which is estimated to be slightly over 1 billion tokens. Unclaimed PEOS tokens will be used for operating and marketing funds.
More than 83% of the tokens are directly airdropped to the EOS community, which on the one hand expands the number of token holders, and on the other hand reduces user costs. This is a common practice for all projects in the EOS ecosystem, and it is also a manifestation of EOS' strong ecological capabilities. However, the 200 million tokens held by the team without any detailed lock-up plan is a possible risk point.
pEOS plans to run the test network in Q2 of 2019, and launch the main network in Q3 of 2019. The progress of the plan is relatively fast. The information in the white paper itself is still relatively small, there is no description of the specific economic model, nor the description of team information.

Project Highlights

Fast Burn
pEOS is built on top of EOS and takes full advantage of its 0.5s block time. Enjoy private transactions based on EOS technology.
DEX Compatible
By being essentially the EOS token at its core, PEOS is the first privacy-focused token that is fully DEX compatible. It can't be stopped, it can't be tracked, it's the revolution we promise.
It's Private and Untraceable
Utilizing ring signatures, ring confidential transactions and stealth addresses, pEOS is truly private. It combines Monero's technology with the performance of EOS.

Related link:
https://www.jianshu.com/p/1a565a66cc75

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