Let’s dive a little deeper into the tech side — tell us about your exclusive BRAVO protocol!

Hybrid blockchain solution (FBA + PoS)

We are creating our own blockchain and BRAVO protocol. Our R&D started at the end of 2013 when the idea of BRAVO was conceived to achieve simplicity and privacy on demand on payments. We embarked in an extensive research that involved customer discovery phase, problem/solution fit, product/market fit and message/channel fit. Those years taught us many valuable lessons in terms of UX, perceptions and needs in the space we wanted to serve. In January 2017, we decided to embark in exploring and developing the ultimate privacy enhancement tool with the development of our own blockchain protocol

Our patent pending hybrid dual blockchain protocol platform meshes multiple blockchains together that interoperate in parallel allowing on-demand end-user control over transaction privacy, speed and cost. End-user moves from one protocol to another seamlessly as needed on the same platform

API

The BRAVO Blockchain API will support blockchain-speciﬁc operations including creating a BRAVO wallet for cryptocurrency, transfer of funds between wallets, retrieving the balance of wallets, and an execution method to support smart contracts. Beyond this, BRAVO will offer an API and SDK to retailers and 3rd party apps to provide payment using the BRAVO token so other 3rd party companies with multi-asset wallets can add support for the BVO Token.

Moreover, beyond payments, BRAVO is a technology company and BRAVO Pay is our first DApp. Our protocol has major implications and applicability to other industries where on-demand control of privacy is applicable and useful.

What privacy features will Bravo have?

With BRAVO Pay, the users are in control to share as little or as much as they want with the party they are paying or being paid. It starts even with your name. To onboard with BRAVO, and to meet all compliance regulations, you enter your real name and information and go through a KYC process. Once approved, you can choose to have a ¨username¨ that differs from your real one, keeping even your identity private.

To pay, you can choose between two different modes: public/traceable vs private/untraceable. The other level of privacy is that all payments are by default made private (meaning not shared automatically on social media). Moreover, you have the option to send a message with the payment and the option to stay connected via the app with the person that you paid or paid you or you can block the person to avoid future messages. This is what we mean full control of your privacy on demand.

• FBA & zerocoin: BRAVO is creating an innovative hybrid blockchain technology that consists of a public and private blockchain. The public blockchain is based on the Federated Byzantine Agreement (FBA) consensus algorithm while BRAVO’s private, Incognito blockchain is based on an anonymizing Proof-of-Stake algorithm. The BRAVO blockchain integrates these two technologies together, which allows them to interoperate seamlessly, and gives the end-users control over transaction speed, privacy and cost.

BVO-P: Since BVO-P is going to be used as a way to transfer funds and not used as an asset, Proof-of-Stake was chosen to support the needs of its users.

In terms of vulnerability, BRAVO’s main concern is to reduce the risk of a Sybil attack. In a Sybil attack, a malicious attacker creates multiple fake identities and get those identities accepted as peers. After they are accepted as peers, they then begin to corrupt the network and its transactions.

BRAVO will combat this by making the Incognito blockchain private and by only allowing vetted organizations to stake. The sole purpose of the BVO-P is to facilitate the private transmissions of BVO which would not require it to be public. BVO-P will not be on a public exchange, cannot be bought and cannot be speculated on. Its existence is entirely utilitarian. However, BRAVO will not wield absolute power over BVO-P since the select members who join the blockchain will aid in running the network while keeping everyone honest.

Why is privacy important?

We have been conducting an extensive first hand research for over 4 years now with our users and something that has been very prevalent is the need to have control over their data, transaction history and privacy. With our current Fiat version, we have achieved a certain level of privacy for our users and blockchain will allow us to take that to a higher level.

How will private transactions differ from public ones?

BRAVO private mode will anonymize transactions on the BVO-P PoS blockchain by utilizing the zerocoin protocol. The zerocoin protocol basically pools all BVO-P into predetermined denominations and sends sets of these denominations when a transfer is initiated.

For an analogy, let’s use water as a currency. Water is heavy, hard to transport and takes up space so instead of storing and transporting water on your own, you exchange your water for water tokens which have different tokens that represent cups, pints, quarts and gallons. You give 10.5 gallons of water to the water exchanger; the exchanger pours the water in a large pool and gives you newly minted tokens (2 gallon tokens and 2 quart tokens). If you want to send 2 gallons of water to a friend, you give the exchanger 2-gallon tokens and the address of the friend. The exchanger then delivers 2 gallons of water to your friend from the common pool.

Since this mode requires more computational power, the transactions processed on private mode will carry a higher fee.