What is Omniring? Progressively Improving Anonymity With Privacy Coins

Threats to privacy are continually evolving in the digital realm, from instances of expedient KYC/AML practices of cryptocurrency exchanges to the potential danger of enhanced surveillance capitalism under Facebook’s recently unveiled Libra.

Where centralized institutions suffering from an agency problem cannot be trusted to place a premium on user privacy (e.g., Facebook and Cambridge Analytica), the onus falls on users, developers, and privacy proponents to create responses. In the cryptocurrency sector, that has largely drawn from cryptography, once hailed as the last safeguard for privacy in the digital realm by cypherpunks.

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