Stealth
Stealth R&D, LLC develops the XST cryptocurrency and proprietary Junaeth consensus protocol, delivering feeless, 5-second-block, privacy-enabled transactions to cryptocurrency users via self-serve StealthSend desktop and mobile wallets and 100 bonded StealthNode validators.
- Company typePrivate
- Founded2014
- HeadquartersDover, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Stealth does
Stealth R&D, LLC is a privately held Delaware LLC that develops and supports the Stealth (XST) cryptocurrency and its underlying blockchain protocol. Founded as a blockchain in July 2014 and incorporated in 2018, the company operates with a three-person core team led by Co-Founders Sascha Pahlke and Dr. James Stroud, PhD (Lead Developer), with Gian Perroni as COO. The company's core offering is the Junaeth consensus protocol — a scheduled-validator (Quantum Proof-of-Stake) system that delivers 5-second block times, 917 TPS throughput, feeless transactions via Argon2d "feework," and a fused UTXO/account ledger supporting both cryptographic privacy (via the StealthPrivate side chain using zk-SNARKs) and FATF Travel Rule compliance (via StealthCore). User-facing distribution consists of self-serve StealthSend Desktop and Mobile light wallets on GitHub, the Apple App Store, and Google Play, with token trading on Finexbox and a wrapped wXST on Binance Smart Chain.
Stealth's economic model is built around StealthNodes — non-fungible validator rights purchased by burning XST tokens, with 100 nodes currently active and ~140 planned. Validators earn block rewards proportional to their weight/reputation, creating multi-year capital lockup and skin-in-the-game alignment. The company itself does not appear to generate conventional revenue from token trading; economics flow to distributed validators, and the LLC is funded through means not disclosed in the source material. Distribution is product-led and community-led across Twitter, Telegram, Medium, Reddit, Discord, and GitHub, targeting cryptocurrency users and enthusiasts who require feeless microtransactions, feeless multisignature custodial workflows, point-of-sale usability, and private transfers — horizontal use cases rather than a focused enterprise vertical.
The technology differentiation is concentrated in three claimed firsts: the only BTC-descendant offering true feeless transactions, the only cryptocurrency offering feeless multisignature transactions, and a novel asynchronous network clock with game-theoretic timekeeping incentives. The roadmap extends the platform into smart contracts, user-defined tokens (XRC20/XRC21), and the StealthPrivate side chain, signaling an intent to evolve from a payments-focused L1 into a broader programmable asset platform.
Stealth firmographics
Firmographics- Name
- Stealth
- Legal name
- Stealth R&D, LLC
- Website
- https://stealth.org
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Stealth R&D, LLC develops the XST cryptocurrency and proprietary Junaeth consensus protocol, delivering feeless, 5-second-block, privacy-enabled transactions to cryptocurrency users via self-serve StealthSend desktop and mobile wallets and 100 bonded StealthNode validators.
- Ownership category
- akta.pro rank
Stealth industry classification
Industry- Product category
- Cryptocurrency / Blockchain Protocol
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Smart Contract Wallets & Account Abstraction (FSADACAF)
- akta.pro secondary industry
- Authorization & Permissions (delegation, allowances, capability-based access, session keys) (FSAPACAJ)
Keywords
Where Stealth is headquartered
LocationHeadquarters
- HQ city
- Dover
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Stealth business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Block Rewards for StealthNode Validators: StealthNode owners earn XST rewards for validating blocks and including transactions. Rewards are proportional to StealthNode weight/reputation. StealthNodes are purchased by burning XST (permanently removing from money supply), creating economic incentives for validators.
- Token Trading on Exchanges: XST tokens are traded on exchanges (currently Finexbox). No ICO or coin sale; tokens were fairly mined into existence via proof of work at genesis in July 2014. Revenue for the company is not directly generated from trading but ecosystem growth increases validator participation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Feeless transactions (default) |
| Subscription | Pay-as-you-go | Fee-optional transactions |
| Unit Pricing | One time/ perpetual license | StealthNode Validator Rights |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Stealth product offering
Product offeringCore offering
Stealth operates the XST cryptocurrency on a dedicated blockchain powered by the proprietary Junaeth consensus protocol, delivering feeless or fee-optional transactions with 5-second block times, BTC-style UTXO-based cryptographic privacy (via the StealthPrivate side chain using zk-SNARKs), and feeless multisignature transactions. Users access the network through StealthSend Desktop and Mobile light wallets, while StealthNode operators validate blocks in exchange for XST rewards after purchasing NFT-based validation rights by burning XST tokens.
Product overview
Stealth is a cryptocurrency platform centered on the XST token and the proprietary Junaeth consensus protocol. The core offering is the Stealth XST blockchain — a high-performance, fee-optional protocol with 5-second blocks, feeless transactions, and cryptographic privacy via zk-SNARKs. User-facing products include StealthSend Desktop and StealthSend Mobile light wallets, with the StealthMonitor block explorer for chain visibility. The validation layer is powered by StealthNodes (NFT-based block validators). Privacy is delivered through the forthcoming StealthPrivate side chain. XST is also available as wXST on Binance Smart Chain for DeFi interoperability. The roadmap includes a 4-way hybrid ledger supporting smart contracts and user-defined tokens (XRC20/XRC21).
Differentiator
Problem solved
Functional benefit
Brands
- StealthSend: The mobile and desktop wallet application for the XST cryptocurrency, supporting feeless transactions
- StealthCore
- StealthPrivate
- StealthNodes
- Junaeth
- wXST
Products and services
- Stealth XST Native cryptocurrency of the Stealth blockchain — the world's first private high-performance blockchain protocol with feeless transactions, 5-second blocks, and cryptographic privacy using zk-SNARKs. Designed for fast, feeless, private digital currency transfers and microtransactions.
- StealthSend Desktop Desktop light wallet application for Windows, OSX, and Linux offering all features of the mobile version plus optional feeless transactions. Supports BIP39 seed phrase backup and transaction labels/memos. Downloadable from GitHub releases.
- StealthSend Mobile Mobile light wallet for iOS and Android supporting BIP39 seed phrase backup and feeless transactions fully executed within the device. Ready to use within seconds of installation. Available on Apple App Store and Google Play Store.
- StealthMonitor
Quantifiable outcome
- Feeless transactions enable microtransactions valued at $0.00025 (0.025 cents) - the smallest transaction amount currently possible
- +3 more outcomes
Companies that use Stealth
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
Stealth technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Stealth partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Binance Smart Chain (BSC)coreXST is available as a wrapped token (wXST) on Binance Smart Chain. This enables XST to be used within the BSC ecosystem and accessed through BSC-compatible wallets. The wrapped token contract is available on bscscan.com.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Stealth competitors and assessment
Company assessmentBroad incumbents
- Solana (SOL): Solana is a high-throughput Layer 1 blockchain optimized for fast, low-cost transactions (400ms blocks, 65,000 TPS theoretical). Stealth competes in the same 'fast scalable L1' category though at a much smaller scale and with a feeless model.
- Monero (XMR): Monero is the leading privacy-focused cryptocurrency using ring signatures and stealth addresses. Stealth's StealthPrivate side chain (zk-SNARKs) targets the same user base seeking cryptographic transaction privacy.
- Polygon (MATIC/POL): Polygon provides low-fee, high-throughput transaction infrastructure for Ethereum. As a scaling/fees-reduction play, Polygon competes with Stealth for users seeking low-cost crypto transactions, though Polygon operates as an L2/sidechain rather than an independent L1.
- Zcash (ZEC): Zcash pioneered zk-SNARK-based privacy in cryptocurrency. Stealth's StealthPrivate side chain uses the same zk-SNARK cryptography and targets comparable privacy-preserving payment use cases.
- Dash (DASH): Dash is an established cryptocurrency with PrivateSend mixing for privacy and InstantSend for fast transactions. Both Dash and Stealth combine privacy features with fast settlement, targeting digital payments use cases.
Direct peers
- IOTA (MIOTA): IOTA offers feeless transactions via its Tangle DAG architecture for IoT and machine-to-machine payments — directly overlapping with Stealth's microtransaction and IoT positioning. Both target high-frequency, low-value use cases.
- Nano (XNO): Nano is the prior standard-bearer for feeless digital transactions and Stealth's most direct competitor in the feeless crypto category. Stealth explicitly positions against Nano's lack of feeless multisig and was attacked by a spam vector that previously hit Nano.
Emerging players
- Mina Protocol (MINA): Mina is a lightweight blockchain using zk-SNARKs for a fixed-size chain. Both Mina and Stealth leverage zk-SNARK cryptography and target efficient, scalable blockchain architectures — though Mina focuses on recursive proofs while Stealth combines feeless and privacy.
- Horizen (ZEN): Horizen is a privacy-focused Layer 1 blockchain with sidechain architecture and zk-SNARK shielded transactions. Stealth's sidechain-based privacy design (StealthCore + StealthPrivate) parallels Horizen's two-chain model.
- PIVX (PIVX): PIVX is a privacy-focused Proof-of-Stake cryptocurrency with optional zk-SNARK shielded transactions and low fees. Like Stealth, PIVX combines privacy, fast settlement, and low transaction costs in a UTXO-based architecture.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Stealth social profiles
Digital presenceStealth financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stealth leadership team
Management profileNumber of profiles
Profiles3 records
Stealth funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stealth M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Stealth
What does Stealth do?
Stealth operates the XST cryptocurrency on a dedicated blockchain powered by the proprietary Junaeth consensus protocol, delivering feeless or fee-optional transactions with 5-second block times, BTC-style UTXO-based cryptographic privacy (via the StealthPrivate side chain using zk-SNARKs), and feeless multisignature transactions. Users access the network through StealthSend Desktop and Mobile light wallets, while StealthNode operators validate blocks in exchange for XST rewards after purchasing NFT-based validation rights by burning XST tokens.
Is Stealth a public or private company?
Stealth is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Stealth founded?
Stealth was founded in 2014. It employs 1 to 10 people.
Where is Stealth based?
Stealth is headquartered in Dover, United States, in the North America region.
How does Stealth make money?
Two revenue lines are on record. Block Rewards for StealthNode Validators are the primary driver. The others are token Trading on Exchanges.
Who are Stealth's main competitors?
Broad incumbents on record are Solana (SOL), Monero (XMR), Polygon (MATIC/POL), Zcash (ZEC) and Dash (DASH). Direct peers are IOTA (MIOTA) and Nano (XNO). Emerging players are Mina Protocol (MINA), Horizen (ZEN) and PIVX (PIVX).
Does Stealth have an API?
No public API is recorded for Stealth.
What industry is Stealth in?
Stealth's product category is Cryptocurrency / Blockchain Protocol. Its primary akta.pro industry code is FSADACAF, Smart Contract Wallets & Account Abstraction, with a secondary code of FSAPACAJ, Authorization & Permissions (delegation, allowances, capability-based access, session keys). Its NAICS code is 52232 and its SIC code is 6200.