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CryptoNote protocol-based e-cash system —MKEcoin (Monke Coin)

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The successful application of Bitcoin as the first point-to-point transmission electronic cash model. Compared with legal currency, Bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone can participate in the manufacture of Bitcoin, circulate around the world, buy and sell on any computer connected to the Internet.

The original Bitcoin was just a few thousand lines of code, and the value was not reflected, but because of its decentralization and encryption, it was essentially an anti-inflation currency, because of its decentralized “mining” incentive mechanism. Coupled with the inherent scarcity of Bitcoin and the 21 million Bitcoin output cap, many people and even institutions regard Bitcoin as hard currency. This means that internal monetary policy is driving the purchasing power of Bitcoin. On the other hand, Bitcoin’s biggest innovation is the application of blockchain technology, each block representing transactions in a Bitcoin network. The more blocks, the longer the trading time, thus forming a “chain “, although this” chain “has no actual commercial value, but because of the decentralization of value demand continues to increase, prices also rise with the water.

As technology advances, it’s not a problem to replicate any more Bitcoin networks, but so far no blockchain network has been able to match Bitcoin. A lot of facts have proved that blockchain networks in the digital economy, if separated from commercial applications, mean that bubbles are made purely. The strong have been established since ancient times, and only “killer apps” can shake Bitcoin’s position, although there are inevitable defects, but it will not affect its value at all, unless emerging technologies break the balance and make this decentralized environment no longer exist, But this is not impossible, plus Bitcoin in the transaction confirmation time is slow, poor value support and other hard injuries. There is no credit endorsement from any government or institution behind Bitcoin, which is prone to deflation with obvious market ups and downs. In terms of vision, it is already a bit contrary to the initial anti-inflationary heart, and it is difficult to realize commercial applications. The contribution to the development of digital economy is insignificant. Therefore, we think that in the development mechanism of digital economy, it is more effective to introduce a new application than to permanently repair the original application without a block chain network with commercial applications. MKEcoin (Monke Coin) is also born on this demand.

MKEcoin is a subchain technique based on Monero CryptoNote protocols. MKEcoin effectively inherits the privacy, decentralization and extensibility of the main chain Monero, and its powerful expansibility alleviates the storage pressure of the main chain. With its custom DPOS consensus mechanism, it meets the needs of more DAPP and other commercial applications in the future.

MKEcoin based on CryptoNote protocols, significant algorithm differences blur blockchain transactions, focusing on private and censored boycott transactions, transactions are confidential and untraceable to ensure user information security for each transaction. CryptoNote is an application layer protocol that supports a variety of decentralized, privacy-oriented digital currencies. Its goal is to become the evolution of ideas behind Bitcoin.

Different from Bitcoin, CryptoNote transactions can not display the way money is sent or received through block links. The approximate number of transactions can be known, but the sender, receiver and actual number can not be known. the only information available is that the actual quantity is lower than the quantity shown. the only person accessing the entire dataset about a transaction is the sender or receiver of the transaction and the person with one or two secret keys; another significant difference is the CryptoNote hash-based workload proof algorithm. Bitcoin is used SHA256, It is CPU binding function. this means that participants (miners) are only limited by their computational speed, and it is relatively cheap to create dedicated integrated circuit (ASIC) devices, which will have a hash per unit of currency over the normal computer. CryptoNote use memory binding functions CryptoNight, can not easily pipeline production.

MKEcoin sub-chain technology realizes the scalability of block chain system and provides a feasible solution to block chain fragmentation. MKEcoin subchain derived from the main chain platform with independent functions of the block chain. These subchains can not exist alone and must be run through the infrastructure provided by the main chain, so the subchain inherits all the attributes of the main chain.

A significant feature of MKEcoin subchains is the ability to define their own consensus approach and execution modules. Far from being limited to the different consensus modes of the main chain, the consensus mode of the sub-chain can be POW ,PBFT ,POS ,DPOS, even the consensus mode that different industries can define themselves. Of course, the user must define the consensus engine separately to implement the task under the custom consensus mechanism. There are several advantages to this :1. The function of the subchain is greatly enriched in a flexible way. The function of the sub-chain is not only limited to the scope of intelligent contract processing, but also increases the practicability. 2. can make full use of MKEcoin main chain to quickly deploy subchains with new functions without the need to maintain the nodes needed for a separate block chain and the cost of attracting new users to participate. 3. the difficulty of deploying subchains is greatly reduced, we only need to write subchain consensus and execution module.

MKEcoin unique custom consensus mechanism and execution module, according to the needs of the application scene, quickly form a consensus module to achieve its commercial value, and MKEcoin the block speed is independent, not limited by the public chain, Can customize block speed according to application requirements to meet transaction fluency and balance.

MKEcoin sub-chain technology can not only be used as a DAPP support platform to build complex application scenarios, but also can be deployed as a common service platform to provide specific services for other sub-chains or DAPP. MKEcoin realizes the cross-chain transaction with other block chains, and more broadly, realizes the communication between block chains and other networks, forming the interconnection of all things.

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MultiHopper Partners with TRM Labs on Compliant Private Digital Asset Routing

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The integration brings TRM’s blockchain intelligence to power sanctions screening, AML controls, and wallet risk scoring into MultiHopper’s private programmable on-chain routing layer for digital asset transfers.

Singapore, Singapore, 26th Jun 2026 – MultiHopper, the programmable privacy routing protocol for digital assets, today announced a partnership with TRM Labs, the blockchain intelligence company trusted by leading financial institutions, crypto businesses, governments, and public sector agencies.

Through the partnership, MultiHopper is integrating TRM’s risk intelligence into its routing architecture to prevent OFAC-sanctioned, stolen, illicit, high-risk and otherwise restricted funds from using MultiHopper’s rails.

MultiHopper believes this creates an innovative architecture for regulatory-ready private programmable onchain routing: digital asset movement with privacy protections and compliance controls built into the network state itself. The solution is live today on Solana.

The announcement comes at a critical moment for crypto privacy.

Legacy privacy systems such as mixers, tumblers and shielded pools have repeatedly created regulatory and enforcement risk. Mixers, tumblers and pooled privacy systems became the defining example after being sanctioned by OFAC, which alleged that it had been used to launder billions of dollars of digital assets, including funds stolen by North Korea’s Lazarus Group.

Other privacy systems have attempted to address this problem with proof-of-innocence style mechanisms. But these approaches still generally sit around privacy pools or shielded environments, protocols or APIs, where funds enter a shared privacy system and compliance assurances are layered around that structure.

Unlike other protocols and layers trying to solve the “privacy trilemma”, MultiHopper differentiates by having no offchain components and no commingling. It also does not rely heavily on specialized cryptographic systems, which can create challenges when scaling across multiple assets and may be costly to develop, audit and maintain..

MultiHopper instead focuses on delivering a primitive which enables compliant onchain private programmable routing infrastructure. 

This unique approach differentiates significantly from existing approaches which make significant trade-offs in terms of compliance, legality, centralization, expense, and scalability. 

In most of the aforementioned solutions, the core regulatory risk is that sanctioned, stolen or illicit funds may enter a shared privacy environment and benefit from its anonymity set. In general, regulators do not approve of commingling activity. 

MultiHopper is designed so that this failure mode should not occur. MultiHopper is designed to screen transfers against TRM intelligence and block identified high-risk funds before they enter or exit the rails. Furthermore, assets cannot commingling as each transfer is a unique wrapper which will never be repeated, by design.

“Situations like infamous mixers and tumblers happened because privacy infrastructure allowed tainted funds and bad actors to use the same privacy environment as legitimate users,” said Enigma, the CEO and founder of MultiHopper and EnigmaFund Venture Capital. “That is not the model we are building. MultiHopper is compliance-gated private programmable routing. Part of our focus is to ensure that bad actors and their funds should not be able to enter the rails, exit the rails or use the rails. Privacy should protect legitimate users, not sanctioned actors, stolen funds or illicit finance.”

MultiHopper also differentiates in that it is onchain, never taking assets offchain, while remaining permissionless and non-custodial. 

Most crypto compliance today exists outside the protocol: in the exchange, the backend, the app, the interface, the custodian or the compliance department. MultiHopper is taking a different approach by adapting TRM’s stack into the routing layer itself.

The result is a new category of infrastructure: regulatory-ready private programmable onchain routing.

For developers, this means APIs for private digital asset movement without inheriting the regulatory dangers of other existing approaches.

For AI agents, it means private programmable payment rails with compliance controls designed into the architecture.

For wallets, protocols and institutions, it means a privacy routing layer that can reduce public exposure while defending against sanctioned addresses, stolen funds, illicit proceeds and AML risk.

MultiHopper’s compliance architecture is designed around a simple principle: privacy should not require pooled ambiguity, regulatory blindness or post-facto damage control.

The rails should defend themselves at the network level. 

By integrating TRM’s risk intelligence into the architecture, MultiHopper is building private programmable money infrastructure that can be used by serious developers, businesses, agents and institutions.

“Currently over $21TN USD of the world’s FIAT money passes through SWIFT every day. Double that if you count securities and RWAs. These all use private, compliant and secure rails. For that kind of volume to come to crypto we need an approach to having clean money in the system… especially for private transfers and DeFi. TRM gives us the intelligence we need to enforce that standard.”

Compliance-locked private programmable routing for digital assets is available immediately on Solana both via APIs for developers and AI agents at https://business.multihopper.com as well as for consumers at https://www.multihopper.com.

About MultiHopper

MultiHopper is programmable onchain privacy routing infrastructure for digital assets. It enables non-custodial, permissionless routing of digital assets without mixers, tumblers, shielded pools, commingled liquidity or private blockchains. MultiHopper is building regulatory-ready private programmable money infrastructure for developers, AI agents, wallets, protocols and institutions.

About TRM Labs

TRM Labs provides blockchain intelligence solutions that help organizations detect, investigate and disrupt crypto-related financial crime. TRM’s platform supports compliance, investigations, wallet screening, transaction monitoring and blockchain intelligence for crypto businesses, financial institutions and public sector agencies.
 

For Press Contact:

Khine Zhin

Khine@enigmafund.com

Sources:

https://multihopper.com/login

https://www.austrac.gov.au/us-treasury-issues-sanctions-virtual-currency-mixers 

https://www.cgi.com/en/article/payments/moving-21-trillion-in-payments-each-day

https://dev-docs.multihopper.com/quickstart

https://dev-docs.multihopper.com/guides/agentic-integration 

Media Contact

Organization: MultiHopper

Contact Person: Khine Zin

Website: https://business.multihopper.com

Email:
enigma@multihopper.com

Contact Number: +442032901955

Address:0A Tanjong Pagar Road

Address 2: 088443

City: Singapore

Country:Singapore

Release id:46427

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Toss Brings 30 Million Users Into the AI Data Economy in Partnership With Poseidon

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Palo Alto, United States, June 26th, 2026, Chainwire

Toss users can now contribute real-world data to train AI and get paid for it, in a first-of-its-kind model launching in Korea ahead of global expansion.

Poseidon, the data infrastructure built to source and license real-world data for AI, today announced a partnership with Toss, the mobile financial platform operated by Viva Republica, to let everyday users contribute to AI training and be paid for what they provide. It is Toss’s first move into AI data, and it opens that market to its roughly 30 million users.

Frontier AI has run out of internet to scrape. The next generation of models depends on real-world data, the kind that captures how people actually speak, move, and react, which does not exist on the open web and has never had a clean way to be sourced, licensed, or paid for. Poseidon is building the infrastructure to change that, and Toss brings the reach to do it at scale.

Through the partnership, Poseidon’s contributor app, Numo, launches inside the Toss app. Toss users can help build Korean-language training data across voice, image, and video, and receive payment tied directly to what they contribute. Poseidon provides the infrastructure that tracks each contribution and its value, while Toss provides the user base and the financial experience that turns participation into payment. Together they offer a working answer to a question the AI industry has struggled with, which is how to compensate the people whose data makes models better.

Every contribution made through Numo is registered on DATA, the AI data network that Poseidon refines data for. DATA gives each record a verifiable provenance trail through Trace, its public audit layer, so a buyer can see where a piece of training data came from and a contributor can see that their work was counted and paid. DATA Foundation, which launched this week from the rebrand of Story, is building this layer alongside integration partners including the human data marketplace Kled, and Poseidon is one of the largest sources of refined data flowing into it.

What Numo collects is first-person data, recorded by real people in real environments, which is among the hardest and most valuable categories to obtain. It is the raw material for physical intelligence, the AI that has to operate in the physical world across robotics, autonomous vehicles, and other applications. Demand from global AI labs for this kind of data is climbing, and Korea is positioned to supply it, with its dense real-life data and Toss’s user base. Poseidon and Toss intend to prove the model in Korea, then expand to global markets.

Changhoon Seo, Executive Director of New Business at Toss, said: “As the AI industry grows, demand for high-quality data is rising just as fast. Toss plans to build an environment where users can take part in the data economy more easily and naturally, and to expand a structure in which the value they contribute is rewarded transparently.”

SY Lee, Chief Strategy Officer and Chairman of Poseidon, said: “Korea is one of the few markets where the strategic importance of AI data, a mature financial system, and world-class mobile experience all exist at once. Toss is the right partner to turn user-contributed AI data from an early idea into a standard the rest of the world can adopt.” Lee previously founded the web-novel platform Radish and sold it to Kakao Entertainment, co-founded Story, the IP infrastructure that recently rebranded as DATA Foundation, and was named a Young Global Leader by the World Economic Forum this year.

About Poseidon

Poseidon is the data infrastructure for AI, built to source, refine, and license the real-world data that frontier models need and the open internet cannot supply. Incubated by the team behind The DATA Network, Poseidon bridges the gap between data supply and AI demand by enabling access to high-quality, IP-safe, and composable training datasets. Poseidon raised a $15 million seed round led by Andreessen Horowitz (a16z). Poseidon’s contributor app, Numo, has recorded more than 711,000 data registrations worldwide and is available and is now available on the Toss app.

Contact

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henri.vies@piplabs.xyz

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Press Release

Shoplbora Explores the Return of Cinematic Summer Style Through Timeless Straw Hats

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As consumers increasingly embrace timeless fashion over fast-moving trends, Shoplbora is highlighting the growing influence of cinematic style on modern summer wardrobes through its latest collection of premium straw hats.

 

 

For generations, cinema has shaped the way people imagine adventure, travel, and personal style. From luxurious Nile river journeys and Mediterranean escapes to elegant garden parties and tropical retreats, wide-brim straw hats and Panama hats have long played a defining role in some of film’s most memorable visual worlds.

 

Today, those same influences are finding new relevance among modern consumers seeking versatile accessories that combine sophistication, practicality, and storytelling.

 

“Cinematic fashion has always been about creating a sense of place and character,” said a spokesperson for Shoplbora. “A well-crafted straw hat instantly evokes images of travel, discovery, leisure, and confidence. These qualities remain just as appealing today as they were on the silver screen decades ago.”

 

Shoplbora’s latest collection draws inspiration from the enduring visual language found in classic adventure films and travel dramas. Throughout cinema history, straw hats have frequently appeared alongside tailored linen suits, coastal landscapes, luxury trains, river voyages, and sun-drenched destinationscreating an aesthetic that continues to inspire contemporary menswear and resort fashion.

 

The collection features a range of premium straw hats, including Panama hats and wide-brim silhouettes designed for modern lifestyles while preserving the timeless elegance associated with cinematic travel style.

 

Industry observers note a growing consumer preference for pieces that offer both functionality and narrative value. Rather than purchasing trend-driven accessories, shoppers are increasingly investing in products that reflect a lifestyle, an experience, or a personal aspiration.

 

Wide-brim straw hats have become particularly popular among travelers, outdoor enthusiasts, and style-conscious consumers due to their ability to combine sun protection with a refined appearance suitable for a variety of occasions.

 

Key features of the Shoplbora collection include:

  • Premium natural straw construction
  • Lightweight and breathable comfort
  • Classic Panama and wide-brim silhouettes
  • Versatile styling for travel and outdoor occasions
  • Timeless aesthetics inspired by cinematic fashion traditions

Whether worn during a coastal holiday, vineyard visit, summer wedding, yacht excursion, or weekend getaway, straw hats continue to embody a sense of effortless elegance that transcends generations.

As interest in heritage-inspired fashion continues to grow, Shoplbora believes that the appeal of cinematic style lies not in recreating the past, but in adapting its most enduring elements for modern life.

 

About Shoplbora

Shoplbora is a lifestyle brand specializing in premium straw hats inspired by travel, craftsmanship, and timeless design. The brand offers a curated collection of Panama hats, wide-brim straw hats, and resort-inspired accessories created for modern adventures and sophisticated summer living.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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