Sphere 2 - Transactions

Sphere 2 - Transactions

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Sphere 2 - Transaction Types

Nomenclature

When speaking of the Sphere application, the term Account may be encountered. An Account is the repository for Wallets, which are in turn, the repositories for Addresses.

When you sign into your Sphere Account you are interacting with a local application that resides entirely on your personal computer. There is no personal information stored in the cloud or on Horizen servers. Horizen cannot recover any funds lost due to any compromise or data loss on your personal computer.

Transaction Types

ZEN is the currency used by the Horizen platform. Transactions may be made between transparent (t) addresses and shielded or private (z) addresses.

Transparent addresses and their transactions are visible on the blockchain.

This is an example of a random transparent address:

znjn4pE7dSh8HGurCencMNAMyRFzVyYihgi

You can inspect this address and all of its non-shielded transactions at:
https://explorer.zensystem.io/address/znjn4pE7dSh8HGurCencMNAMyRFzVyYihgi

This is an example of a random shielded address, note the difference in length:

zcPKf5ttpGrx8v5dS8niGP1HgXugtbWE4NZAy1rWTVhjxWRwwGQERNQWzWTpDrgbRbr4cRNFypSbGc9an416zPc823ypJhi

 

These are the possible transaction types between the two type of addresses:

Transaction Types

t

t

transparent to transparent

completely visible on blockchain

Light Mode or Full Mode

t

z

transparent to private

transaction visible on sending side - no information on destination

Light Mode or Full Mode

z

t

private to transparent

transaction visible on receiving side - no information on source

Full Mode

z

z

private to private

transaction invisible on blockchain

Full Mode

Messages are a type of z to z transaction and require Full Mode.