Haven $XHV

Haven is a unique digital currency that blends the volatility of standard market pricing with the stability of fiat value storage, all without resorting to unsustainable pegs or asset backings. This is achieved through a sophisticated on-chain smart contract that governs the minting and burning of coins within a network of cryptographically shielded supply. This scheme enables users to securely store their coins in offshore storage contracts, while also allowing exposure to natural price movements for others.

Offshore Storage

The backbone of Haven's value storage mechanism is its offshore storage, a smart contract protocol inbuilt into the cryptocurrency's infrastructure. When Haven is sent to offshore storage, it is essentially 'burnt' and a reference to its current fiat value is recorded on the blockchain. This value can then be retrieved by minting new coins, effectively preserving its fiat value, no matter the current market conditions.

Applications of Offshore Contracts

Offshore contracts find their use in diverse scenarios. They can be employed in point of sales/payment gateway systems. Here, goods can be purchased using Haven, and the stores can then immediately lock in the fiat value to hedge against price variability. The major advantage of this application is that it ensures the stores' business and income remain completely hidden on the blockchain, as neither their wallet address nor the transaction amounts are revealed.

Another application is found in storing substantial sums of money outside the conventional banking system. Privacy-centric cryptos, such as Haven, offer an ideal solution for this, but their value often fluctuates. By sending Haven offshore, money quite literally disappears, only to reappear when needed, with its value remaining intact.

Untraceable | Hidden | Decentralized

Haven employs ring signatures, ring confidential transactions, and stealth addresses, ensuring payments cannot be tracked or traced back to any user. Both wallet addresses and transaction amounts are fully obfuscated on Haven's blockchain, rendering all activity invisible. Furthermore, Haven Protocol is decentralized and open source, denoting no centralized control over the network and no censorship. This allows for complete user freedom and privacy.