#What Is ENCOINS Protocol (ENCS)? 

ENCOINS is a privacy protocol on Cardano. Users can create NFTs (a.k.a. encoins) with secret redeeming values. These NFTs store their redemption values in an encrypted format, thus enhancing user privacy. 

ENCOINS conceals the amount of ADA in your wallet when you transact with other users and dapps. The users you interact with also enjoy a boost to their privacy, too. 

Ledger Mode enables sending and receiving payments in encoins using the ENCOINS Ledger script. It gives the recipient privacy provided they do not withdraw it (i.e. if they also make Ledger Mode payments with these coins). 



#ENCS is the native utility token that is used for: 

Running validator nodes on the network via staking ENCS tokens. 

Used for governance votes to determine how network resources are allocated. 

  

#ENCOINS features include:  

ENCS Wallet Mode 
In the Wallet Mode, users interact with the protocol by minting, burning, and transferring encoins with the help of their CIP-30 compatible hot wallet. Currently, the dapp supports Nami and Eternl.  

This mode makes your ADA holdings private. On various blockchain explorers, your wallet will look like it has some encoins in it, but the amount of ADA they are worth cannot be deciphered. 

ENCS Ledger Mode 

The ENCOINS Ledger is the on-chain script that acts as your stealth account. Sending coins to another user is as simple as sharing the minting keys off-chain. To receive a coin, import the minting key and re-mint the coin to gain full control of it.

More information on this link https://docs.encoins.io/links/our-resources 

 
#How Many ENCS Coins Are There in Circulation? 

ENCS has a fixed supply of 15 million tokens with six decimal digit precision, minted all at once. 10 million are distributed between project supporters as ISPO rewards, 2 million are given to the original development team, and 3 million are sent to the treasury. ENCS can also be burned. 
 


#Where Can I Buy ENCS Protocol (ENCS)? 

MuesliSwap https://muesliswap.com/ 

SundaeSwap https://www.sundaeswap.finance/ 

MinSwap https://minswap.org/ 

Wingriders https://app.wingriders.com 

 

#Related Pages 

Website: https://encoins.io 

Twitter: https://twitter.com/ENCOINS1 

Discord: https://discord.gg/Q3gPP87Tcw 

Telegram: https://t.me/encoins_io 

Medium: https://encoins-crypto.medium.com/ 

GitHub: https://github.com/encryptedcoins 

Youtube: https://www.youtube.com/channel/UCk4QtReP4kQKfIIoWw7Q1wg

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