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LEGAL NOTICE

For Law Enforcement & Regulatory Agencies

This notice is provided proactively to prevent misunderstandings about the nature of this project.

What ZipherX Multi IS

ZipherX Multi is an open-source software tool -- equivalent to a calculator, a web browser, or a text editor. It is published source code that anyone can read, audit, compile, and run.

The publication and use of cryptographic software is protected speech under the First Amendment of the United States Constitution, as established in:

  • Bernstein v. United States Department of Justice, 176 F.3d 1132 (9th Cir. 1999)
  • Junger v. Daley, 209 F.3d 481 (6th Cir. 2000)

What ZipherX Multi is NOT

  • It is NOT a money services business (MSB)
  • It is NOT a money transmitter
  • It is NOT a financial institution
  • It is NOT a custodial service
  • It is NOT an exchange
  • It is NOT a mixer or tumbler
  • It is NOT a company, corporation, or legal entity

The Software does not take custody of funds, does not facilitate transfers between parties, does not pool funds, does not operate any infrastructure, and does not have any ability to identify, track, or control its users.

Technical Architecture

  1. All cryptographic keys are generated locally on the user's device and never transmitted anywhere
  2. All transactions are constructed locally and broadcast directly to the decentralized Zclassic peer-to-peer network -- the same way Bitcoin Core broadcasts transactions
  3. No central server exists. There is nothing to subpoena, seize, or shut down
  4. No user data is collected, stored, or transmitted. There is no database of users, no logs, no analytics, no metadata
  5. The Developers have no more ability to monitor or control transactions made with this Software than the developers of TCP/IP have to monitor web traffic

Precedent & Legal Framework

Privacy-preserving cryptocurrency wallets are software tools, not financial services. Relevant precedent:

  • The U.S. Department of Justice has acknowledged that software developers who write and publish code are not money transmitters (see FinCEN guidance FIN-2019-G001, distinguishing between "anonymizing software providers" and money transmitters)
  • The zcashd full node software (which implements the same Sapling shielded protocol) is published by the Electric Coin Company and has operated openly since 2016
  • Bitcoin Core, which enables pseudonymous financial transactions, has been freely published since 2009

Contact

For legitimate legal inquiries regarding this open-source project, please open a GitHub issue or contact the repository maintainers through the channels listed on the GitHub organization profile.

This notice is provided for informational purposes only and does not constitute legal advice.