🔐Proxy Network Aims

Proxy blockchain networks aim to make all transactions completely privacy-friendly by allowing users to hide their real identity and location, making them difficult to trace or target. This is done via a 'proxy' layer that sits between user accounts and the underlying public ledger, encrypting transaction data so that they cannot be viewed directly. Transactions are transmitted through the proxied layer within an encrypted wrapper, making sure only authorized parties can view the records generated.

The network also anonymizes participating nodes, meaning it can protect those who wish to use bitcoin without disclosing even necessary information such as wallet addresses or IP address of sender. The anonymity also helps prevent any single entity from controlling a majority of transaction volume on the network, contributing towards decentralization and increased security.