What is Vulkan?
Vulkan Chain is a privacy-oriented proof-of-work blockchain that aims to merge privacy,
payments solutions and scalability adapted to emerging trends and regulations. The
codebase derives from Monero’s code, making Vulkan transactions private and
untraceable with the help of ring signatures and decoy addresses.
What makes Vulkan truly special is its ecosystem. VectorSwap, Vector Wallet and its own
overcollateralized stablecoin USDV. Backed by a team of highly experienced developers
in the decentralized finance space, VectorSwap is planned to act as a bridge between
private and non-private blockchains, subsequently enabling USDV minting, burning and
payments on the Ethereum ERC-20 and BNB BSC-20 blockchains. USDV does not inherit
the untraceable properties of Vulkan (VUK) by default on smart contract capable
blockchains, but the Vector wallet offers an option to anonymize transactions to a certain
degree using an output mixing mechanism. This feature allows semi-private peer-to-peer
transactions while remaining compliant with regulations.
