Bitcoin Confidential, a sister coin of SmartCash, is a Proof-of-Stake cryptocurrency focused on confidentiality and privacy. It uses ‘Ring Confidential Signatures’ and is based on the latest Bitcoin codebase for compatibility.
Bitcoin Confidential will not have masternodes. The blockchain will be secured by holders that are staking their coins, who then will be rewarded for that.
The initial distribution is done via an airdrop to SmartCash
holders. On the 15th of December 2018 a SmartCash blockchain snapshot was taken at 07:00 UTC. If you held the private key at that time you can claim 10 BC coins for every SmartCash coin.