What Are Privacy Coins? Bitcoin, Monero and Zcash Compared
Headline from The Defiant
Key points
- Privacy coins offer distinct methods for concealing transaction details compared to standard cryptocurrencies.
- Monero enforces privacy mechanisms automatically on every regular transfer across its network.
- In contrast, Zcash allows users to select between transparent and shielded modes.
Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.
Coins mentioned
Sources
- The DefiantWhat Are Privacy Coins? Bitcoin, Monero and Zcash Compared · 43 minutes agoRead on The Defiant
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