Accounts in Decrediton — Money Evolved
Although not directly a privacy feature, having multiple wallets with multiple accounts helps to obscure your coin holdings when making direct purchases or transacting with others. This combined with using a new receive address for each transaction makes it almost impossible to ascertain the amounts in someone's wallet, on an open blockchain like Decred’s. If you want full privacy on the Decred chain, you’ll need to use the built-in coin mixing service, coinshuffle++, which I’ll demo in a future video.
Accounts help you to stay organised, and it makes it possible to distribute your coins into different pots, for example – Savings, Daily spending, Bills etc…
Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”. Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.
Find out more about Decred: https://decred.org
Join the Decred community!
https://decred.org/community