Spectrecoin has been rising up the ranks in terms of trading volume on Cryptopia. A lot of the trading volume appears to be coming from the Far East and in closely monitoring the slack channel it has become clear that some members of the community, specifically from China, have already highlighted the need and use case for XSPEC given its wallet's ability to hide users' participation in the TOR network and thus enable users within TOR blocked countries (such as China and Iran) to utilise the anonymous network for value transfer purposes.

Spectrecoin, as like NEO, uses the energy-efficient Proof of Stake algorithm instead of Proof of Work and given that its current core userbase appears to be from China, this is leading me to speculate that Spectrecoin may well become the next best performing altcoin.

Now I must caveat this assumption with the statement that as far as I am aware, Spectrecoin does not have the support of the Chinese Government (for obvious reasons) and so this may be a major hurdle to it being able to outperform NEO. However if we look closely compare the ROI since ICO between the two coins it is clear that Spectrecoin is not very far behind:

https://icostats.com/

Furthermore, XSPEC has only 1/5th of the coin supply that NEO has (~1/2 in circulation) and if its core user base currently exists in Asia then surely it is only a matter of time before major exchanges in Asia begin to take notice of this coin. Thus the case for XSPEC potentially becoming the next NEO appears more and more plausible.

Monero has stolen the headlines recently as it has been announced that it will be added to the Bithumb exchange in South Korea which boasts the largest trading volume of any exchange in the world at the moment.

However, there is a smaller player in town which appears to be far more private than Monero and therefore a serious contender in the race to be the most private coin in cryptocurrency. Riccardo himself has even responded to questions about Spectrecoin and the comparisons that have been drawn with Monero.

In summary, XMR provides no network privacy, whereas XSPEC runs entirely within the TOR network, using OBFS4 where necessary to provide connectivity even in countries that actually block Tor (Iran, China, Saudi, etc)

Tor is not even optional for XSPEC users, it's actually integrated into the wallet and so the wallet itself, produces a hidden service, and all communication happens within Tor.

This is truly groundbreaking and innovation at its best.

See the infographic (via twitter) below comparing XSPEC with all of its privacy counterparts:
https://twitter.com/harv_w16/status/897133723774316544

Currently it is only being traded on Cryptopia and some other smaller exchanges but surely it's only a matter of time before it is added to even larger exchanges as it becomes more widely known throughout the community.

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