pEOS is a smart contract implementation of a privacy token, based on the technology that powers the anonymous cryptocurrency Monero, which is capable of running on top of EOSIO software. It allows private and untraceable transactions of, its EOS-based token, pEOS, among EOS users. Before EOSIO enabled developers to utilize system level languages like C++, the development of highly complex smart contracts like pEOS was almost impossible.
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