Haven Protocol is a completely decentralized cryptocurrency of private and stable coins. This protocol is characterized by three main features; Stability, privacy and decentralization. It is completely untraceable having built-in on-chain smart contracts that control the burning and minting of coins. The coins are of cryptographically unknown supply, hence it is possible to burn a given amount and mint an equivalent amount without affecting the stability of the protocol. It also does not have anShow more [+] unsustainable asset backing or peg hence does not require a third party like a bank. It utilizes algorithmic dual coin blockchain. Users are also able to convert a Haven dollar or any other fiat for that matter into XHV worth the same amount and vice versa in the Haven wallet instantly. Users can store, send and make payments securely and anonymously.
XHV the currency that runs operations on the Haven protocol is a coin that utilizes Crypto Night Heavy algorithm and Proof-or-Work (PoW) consensus mechanism. It is not premined and did not hold an ICO (Initial Coin Offering). The protocol is in itself a wallet with Windows, Mac OS and Linux versions. The coin is currently listed on Bittrex, Upbit, TradeOgre and IDAX exchanges.
Haven Protocol takes anonymity very seriously. It is for this reason that the team behind the project has taken measures to ensure that the members are not exposed to the public. They have simply provided anonymous identities.