How to Use SynX Privacy Features: Confidential Transactions
Privacy is built into the SynX quantum-resistant wallet. Unlike Bitcoin or Ethereum where transactions are public, SynX automatically protects transaction details.
Privacy Features Overview
| Feature | What It Protects | User Action |
|---|---|---|
| Confidential Transactions | Transaction amounts | Automatic |
| Stealth Addresses | Recipient identity | Automatic |
| Kyber Encryption | Message privacy | Optional |
Confidential Transactions
Transaction amounts are encrypted by default:
- Only sender and recipient see the amount
- Network verifies transaction validity without seeing value
- Cryptographic proofs ensure no inflation possible
- No action required—happens automatically
Stealth Addresses
Each transaction creates a unique receiving address:
- Share your main address publicly without privacy loss
- Senders generate one-time addresses automatically
- Observers cannot link transactions to your public address
- Your SynX quantum-resistant wallet scans for incoming payments
Using Privacy Features
Sending Privately:
- Open wallet and navigate to Send
- Enter recipient address and amount
- Confirm and send—privacy applied automatically
Receiving Privately:
- Share your public address with sender
- Sender's wallet handles stealth address generation
- Your wallet detects and receives the payment
Auditability Options
For accounting or compliance needs:
- Generate view keys for third-party auditing
- Share transaction proofs for specific payments
- Export transaction history for personal records
Privacy vs. Transparency
The SynX quantum-resistant wallet provides privacy by default while enabling optional transparency:
- Personal transactions remain private
- Business can provide auditor access via view keys
- Payment receipts prove specific transactions
Frequently Asked Questions
Can I disable privacy features?
Privacy features are integral to the protocol. All transactions benefit from confidentiality.
Does privacy slow down transactions?
No. The SynX quantum-resistant wallet handles privacy computations efficiently.
Experience Private Quantum-Resistant Transactions
Explore SynX at https://synxcrypto.com