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Lobstex is an anonymous cryptocurrency using SwiftX instant transactions. It is widely distributed among all the base currency peers, ensuring that the system can remain available even when many nodes are compromised and a parallel between anonymous transactions to transparent consensus. With Lobstex Zerocoin technology users can 'mint' traceable LOBS into a private coin (untraceable LOBS) and then send or receive private transactions with the Zerocoin Protocol. The process of spending and minting new coins can be done for an infinite number of times ensuring full anonymity.