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      Current Opal Price: 0.00000242

Opal added to shapeshift.io

ShapeShift has added #Opal. Buy/sell #OPAL instantly @opalcointeam http://t.co/f9wdJVmUlS — ShapeShift.io (@ShapeShift_io) July 9, 2015 Opal is proud to announce that we were added to Shapeshift.io, you are now able to instantly trade opal between multiple...

How Opal is Revolutionizing Cryptocurrency

OpalCoin, from the Opal development team, is a revolutionary alternative to Bitcoin that is turning heads. Have you heard the latest news about the growing altcoin platform? Opal is a platform that is adding strength to the movement in favor of cryptocurrencies or digital currencies that are safe and secure. The Opal Marketplace is a unique market where users can both buy and sell items and services for Opal. Profitability is high for users. There is no worry about exchanges or fees, unlike on eBay and PayPal. Plus, sellers have payments guaranteed while the buyers have the comfort of a secure network that prevents overselling or other malicious activities. As well, Opal integrates the popular Bittrex exchange within a unique wallet framework, so you can see right away the buys and sells, within your screen, rather than having to go the website. That is convenient for users. The cryptocurrency OpalCoin is not only secure, but it is also anonymous, has high usability and impressive profitability. And, do not forget about Opacity, a key to the development team’s activities. Opacity has an encrypted messaging system that keeps user communications and personal financial transactions private rather than being open to public viewing. Users can anonymously send messages within the system. While there are other coin startups, Opal is upfront and open in its development process, with incredible security and encryption services such as Opal Drive. This drive is a secure encrypted file storage system designed to keep user information safe. It is ideal for storing and sending secure information you deem most sensitive, such as financial transactions, bank accounts, invoices and...

Opal Announces its Addition to the SuperNET Core

Opal, an privacy and ease-of-use-centric crypto-currency application, has joined the SuperNET Core. It is now in the company of Vericoin, NXT, BitcoinDark and handful of others for a combined market cap of over $23 million.   Opal-Coin was selected for a variety of reasons, including but not limited to the technologies they are building. These include Opaque addresses, an easy to use implementation of Peter Todd’s stealth addresses, as well as P2P encrypted communications and data storage such as Opal Drive. These bring another level of privacy and utility to the SuperNET. However few ideas are worth much without a great team to implement them and this is what JL777 – lead developer of the SuperNET- claims is Opal’s greatest asset.   “The key to a coin’s success is their dev team.” He wrote on the Bitcoin Talk thread, adding: “chanc3r does the tech [evaluation] and OPAL was very active in accepting feedback, but more specifically I have worked with [Whit Jack] recently and he delivered actual working code in a short time”. The Opal team is composed of eight members. Four of them are developers, Whit Jack and CoolCash being the core developers. The other half of the team is focused on PR & Media, Marketing and Project Management. Opal has received stamps of approval from the crypto-currency review agencies Coinsource and Proof of developer, and the identity of the core developers has been verified. Opal’s integration with the SuperNET means their privacy-centric technology will benefit from  Telepathy, the anonymity network being built with BitcoinDark.   This partnership comes soon after Operation Omynous, a cooperative effort among international law...

Opal Roadmap December 2014

Opacity Suite Roadmap   Goal: The goal of Opacity Anonymity Suite is to allow everyday people and businesses to easily secure their information and stay private, without alienating them with difficult boundaries and obstacles to utilizing this technology. In order of completion: Encrypted Messages (Opacity EM) What: Encrypted messages are built into the wallet to allow for encrypted, private communications between two parties, using public key encryption to safely transmit their messages in ways that prevent tampering or unwanted people viewing them. Why: This allows the general public to move away from insecure email and sms providers that sell information, invade privacy and mine data. How: To achieve encryption using public and private keys, you take the Opacity public key K from the pre-existing database of public keys OpacityEM stores.  After that, 16 random bytes (IV) are generated.  Next, generate a new random EC key pair with private key called r and public key called R.  Then you generate a shared secret (P) using Keys K and r, which you use to generate hash H.   The first 32 bytes of H are key_e and the last 32 are key_m.  Lastly, Encrypt the payload data with AES-256-CBC, using IV as initialization vector, key_e as encryption key. Completed Stealth Addresses What: Stealth addresses allow for merchants and individuals, to request payments without revealing their payment history or risk of de-anonymization.  This standard was invented by Peter Todd, and has been considered to be one of the strongest forms of transactional privacy the blockchain and EDCSA can provide. Why: In OpalCoin, you only need to check a button when generating a new...

Opal Announces Opal Drive Encrypted File Storage

Bitcoin Press Release: Privacy focused cryptocurrency Opal announces the development and future release of encrypted cloud storage platform Opal Drive. This comes on the heels of previous developments such as introducing the Opal Marketplace. In its continued effort to build the legitimacy and usability of cryptocurrencies in the world outside of Bitcoin, Opal has spent the last several weeks developing its unique encrypted file cloud storage platform. Pairing its development with another cryptocurrency Storj, Opal is proving that seemingly impossible goals can be achieved through cooperation. Cryptocurrency Opal will continue to seek new and innovative ways of using the latest technological innovations; whether it be through their own development or those of their future partners. Read more...

Opal to release Opal Marketplace for digital products

FOR RELEASE November 7, 2014 Media Contact: John McCallum, [email protected] Website: http://www.opal-coin.com We are pleased to announce that Opal will be releasing a digital content marketplace . The marketplace will be the next step forward for real world usage and adoption of Opal as a trusted and viable cryptocurrency. The market countdown can be viewed at http://www.opalmarket.me/ Development of the Opal Marketplace The Opal Marketplace is to be released in multiple stages, each stage will add a new level of security, stability, and innovation. These stages will be coupled with the latest advancements of our Opacity+ security suite. Stage one is creating an economy that will drive commerce using Opal.  With the advent of the markets reach, Opal will have the ability to involve: developers, musicians, gamers, writers and  everyone else involved with digital content creation and trade. Future stages of the marketplace will include: distributed decentralized file transfers, as well as, trading physical commodities with the incorporation of an escrow service. Trading goods made easier The process of buying and selling digital good will be simplified using Opal as the marketplace evolves. Content creator will be able to sell, one on one, directly to their buyers through Opal Marketplace. As the process is, users are trading a commodity for a commodity, therefore no fees for purchasing will be imposed on the market. Upon the successful sale of an item, a modest fee is deducted from the sale to support the continued operation of the site. Using the Opal Marketplace Sellers will have the ability to post for sale any digital goods that they have created or own the...

New website launched

Welcome to our new website. We will be updating this page regularly with updates on the development progress of the various projects we are working on. Stay tuned!