CHAMELEON

A Privacy Network Pre-Alpha

Chameleon Network Basics


What is the Chameleon Network?

Chameleon adds a “privacy mode” to your existing crypto (BTC, ETH, etc.). Turn your coins into private versions (like pBTC or pETH) to transact anonymously without switching to new currencies. It’s fast, scalable, and works seamlessly with DeFi.

Is Chameleon a mixer or mixing service?

No. Mixers temporarily shuffle coins, but transactions can still be traced. Chameleon uses advanced cryptography to permanently hide your activity on the blockchain. Privacy improves the longer you use Chameleon as your main wallet—think of it like building a “privacy shield” over time.

Is my crypto safe with Chameleon?

Yes. Chameleon prioritizes security through:

  • 🔒 1:1 Asset Backing: Every privacy coin (e.g., pBTC) is minted 1:1 against its public counterpart (BTC).
  • 🤖 Trustless Custodians: Decentralized custodians secure assets using audited smart contracts—no single point of failure.
  • 🔍 Audited Code: The protocol is fully open-source and undergoes rigorous third-party security audits.

Your funds remain fully redeemable at all times.

How do I start using Chameleon?

  1. Download the Chameleon wallet (2025).
  2. Shield your BTC/ETH into pBTC/pETH.
  3. Send, trade, or stake privately!
How is Chameleon legal?

Chameleon is designed for ethical privacy, not anonymity. Here’s how it stays compliant:

  • 🔍 Not a Mixer: Unlike mixers, Chameleon doesn’t shuffle coins. It uses cryptographic privacy (like secret codes) to protect transactions directly on the blockchain.
  • 📂 Full Control: Download your transaction history anytime for personal audits or tax reporting.
  • 🔑 Optional Transparency: Use view keys to share specific transaction details with trusted parties (e.g., accountants).
  • 🏢 Enterprise Tools: Businesses/institutions can integrate compliance features to meet regulations while protecting user privacy.

Chameleon empowers you to control your financial privacy responsibly. 🔒

Why choose Chameleon over Monero?

  • 🔗 Use your existing crypto (no need to buy XMR).
  • ⚡ Faster transactions (800 TPS vs. Monero’s 4 TPS).
  • 🌉 Works with Bitcoin, Ethereum, and DeFi apps.

CHML Token


What is CHML used for?

  • 💸 Pay fees: 0.1 CHML per transaction (cost varies with CHML price).
  • 🏆 Earn rewards: Stake 1,750 CHML to run a node.
  • 🗳️ Governance: Vote on network upgrades.
How do I earn CHML tokens?

Today:

After Mainnet (ETA Q2 2025):

  • 📦 Run a pNode: Plug-and-play hardware device (1,750 CHML stake).
  • 🖥️ Run a vNode: Software for advanced users (Docker setup, 1,750 CHML stake).
  • 💧 Provide liquidity: Deposit crypto into the privacy DEX (pDEX) to earn fees.

Transactions & Privacy


How much do transactions cost?

  • 📤 Sending privately: 0.1 CHML fixed fee.
  • 🛡️ Shielding coins: 0.1% of the amount (e.g., 1 CHML fee to shield 1,000 CHML).
How does cross-chain privacy work?

Chameleon bridges let you move crypto between chains anonymously:

  1. Deposit BTC → Get private pBTC.
  2. Trade pBTC for pETH on the pDEX.
  3. Withdraw pETH to Ethereum as regular ETH.

No traces left behind! 🕶️

Is there a mobile app?

Yes! However, the app is currently pre-release while we are busy deploying testnet. The complete Chameleon mobile app will be launching with Mainnet and estimated in Q2 2025. The Chameleon app will let you:

  • Shield/unshield crypto in 1 tap.
  • Run a pNode from your phone.
  • Trade on the pDEX anonymously.

Nodes & Validators


What’s a pNode vs. a vNode?

  • 📦 pNode: A plug-and-play hardware device (like a mini-server). Just connect it to power & internet. Perfect for beginners.
  • 🖥️ vNode: Software that runs in a Docker container. Requires technical skills. For developers/advanced users.

Both require a 1,750 CHML stake and earn rewards.

DeFi & Privacy DEX (pDEX)


What is the pDEX?

The pDEX is a privacy-first decentralized exchange where you can:

  • Swap pBTC → pETH anonymously.
  • Trade with zero public traces.
  • Connect to DeFi apps like Uniswap in “privacy mode”.

Launches with Mainnet in 2025. 🚀