Home / Featured / Top 8 Privacy Coins – Invest In Blockchain

Top 8 Privacy Coins – Invest In Blockchain

It’s a common misconception that Bitcoin and other cryptocurrencies are fully anonymous and untraceable. In fact, many blockchains only disguise users’ identities while leaving behind a public record of all transactions that have occurred on the blockchain. The data in the ledger often includes how many tokens a user has received or sent in historical transactions, as well as the balance of any cryptocurrency that they have within their wallet.

There is a concern that even with their identities disguised, users can still be identified based on their activity within a blockchain. This is why some people turn to privacy coins – cryptocurrencies that provide users with a higher level of anonymity.

Although controversial (some authorities see privacy-oriented coins as an illicit…


Read More

Check Also

Coinbase U.S. Customers Get Instant Paypal Withdrawals

As part of the 12 days of Coinbase program, the popular US based exchange announced …