What is Incognito ?
Incognito is a standalone blockchain focuses on private transactions. Incognito provides crypto privacy solutions for other chains. It's is a new privacy and interoperability project that seeks to anonymize the tokens of every other blockchain. Incognito uses privacy technologies similar to Monero like ring signatures, stealth addresses and confidential transactions. Unlike Monero, Incognito focuses on interoperability with other blockchains. You can swap coins (ETH, BNB, ...) from other chains to its corresponding pegged tokens (pETH, ...) on the Incognito chain. It's also launching private projects to provide privacy for leading Ethereum DeFi projects like Kyber, 0x, Uniswap, Compound, etc. There is a proprietary token called PRV used for transaction fees.