Best Privacy Coins In 2019

[Garry_1]

There are many cryptocurrencies like Ethereum and Bitcoin that leave your transaction details flapping in the breeze. That is, anyone can look up your wallet address and can easily track your transactions and payment history. Nowadays, people want to protect their privacy online, especially when it is related to financial things. And, privacy coins are one such form of cryptocurrency that protects the user’s identity. Moreover, all privacy coins are a great source for tax avoidance because authorities cannot see how much money you’re storing or where you’re storing it.

What Exactly Is The Privacy Coin?
It is a cryptocurrency that hides data about its users, basically, the identity of the user along with the amount of cryptocurrency traded and held in wallets.

So, here are the top 10 Privacy Coins in 2019:

Monero (XMR)
Monero is the most popular in the privacy coins list. It gives owners the power to have complete control over their data and their anonymity. This completely untraceable privacy coin has a really strong brand and a better marketing team compared to other privacy coins. It deploys unique technology with an ability to make it transparent if you want optionally. It’s relatively stable and strong – even when the crypto market occasionally takes a hit. It is dynamically scalable and offers a wider reach for day to day transactions.

Zcash (ZEC)
Though not so popular, Zcash is a strong contender for one of the best privacy coins 2019. A relatively untested and new to the industry, it uses a unique system called zk-snark. If ethics and the murky reputation of privacy coins are what you are looking for, then Zcash is a good option. Thanks to its strong brand awareness, Zcash has now started working with companies like JPMorgan Chase, one of the biggest banks in the world. This privacy coin is difficult to trace and strong in terms of privacy cryptography. Furthermore, the crypto company donates one percent of its ‘Founder’s Reward Tax’ to non-profit charities.

DASH (DASH)
Dash was founded back in 2014; it is one of best privacy coins as well as quite different from the previously mentioned cryptocurrencies. It is based on the Bitcoin protocol and has the main features in the privacy protection system called - Private Send which is the extended version of CoinJoin. PrivateSend transactions allow three users to pre-mix their coins into a single transaction, then distributes coins to new addresses; however in a random order. The transactions go through a series of PrivateSend operations, ensures the anonymity of the transactions.

PIVX (PIVX)
Private Instant Verified Transaction (PIVX) is another open source privacy coin that has achieved immense popularity in crypto market space. With a lot of growth potential, it is yet to hit the top 50 ‘most traded’ privacy coins list. Pivx is a hardfork of Dash that aims to develop some better features for its platform. It has a strong following and community; this crypto coin is not popular yet in comparison to other top privacy coins like Monero or DASH.

Verge (XVG)
After being backed by John Mcafee, Verge has skyrocketed and tipped for big things but has also crashed dramatically. The credit for its fame goes to influencers in cryptocurrency – like Mcafee – who promoted Verge as a promising privacy coin future. As it comes with open-source software, so followers of Verge can input into future decisions and developments of the technology. This ‘well recognize’ cryptocurrency uses an innovative Wraith Protocol technology – that allows users to switch between private and public transactions.

Cryptocurrencies are volatile investments, and privacy coins are a great way to protect your identity online. So, if you are planning to invest in any of the above picks for the top privacy coins in 2019, then first do your own research and then take the best decision for yourself.

Read here all the details: https://coinswitch.co/news/10-best-privacy-coins-in-2019-latest-review

Share your opinion as well....Thanks

[Jpti]

Forget about all these old coins. Lets try new ones. There are many new privacy coins in the market offering more features than that offered by old ones. And what about Veil, which is completely new and has just hit the market. Its features are very much good and has started winning the hearts of the people already. It has no ICO and other stages to collect funds. It seems it has its own budget to support the project and the team has much confidence in the project.

[NeuroticFish]

Forget about all these old coins. Lets try new ones.

There are already businesses accepting these old established coins. And it's for a reason: time has proven they are pretty good.

Shilling some new coins will not help them grow. Hard work will do.
If that coin is as good as you try to tell us, in some time people will talk about it without the need of advertising/shilling it.

and the team has much confidence in the project.

If the team would lose the confidence in its product ... would they announce that? I somehow doubt it.

[leavolnhals]

I don't think it's the best altcoins. Currently Dogecoin and ETH are the two strongest of the crypto market. Dogecoin just got a great CEO, "Elon Musk". A technology billionaire is supporting Dogecoin and it is getting stronger. Invest early now before seeing its price rise to $ 0.1.

[Little Mouse]

Have you missed DeepOnion? It was a copy paste project but now developer has changed it a lot and still a lot of development is on going. I think it will be something huge in this year.

Edit- I didn't check the full list. DeepOnion is listed in 9th position.

[thd26bct]

My list on best privacy coin in this year includes:
- Monero
- DASH
- Grincoin
- LOKI
- Litecoin
- PIVX
Among them, Grincoin and LOKI are potential one, whilst Litecoin need to build up lots for things for their privacy to hit success and compete with DASH and other privacy coins.

[Alohadanc3]

I am never into privacy coins. But I respect their thought and now many big gaunt start to support privacy coins too. I think Monet is one of the oldest and great privacy coin. Their are lot more old coins which are great and you mentioned in your post like dash and zcash. They are also good. When verge came I thought that it will be the best privecy coin they got the speed and all. Verge is good but some how over hyped by many people I don't know why. Pivx is good and many privacy coins comes this days. If I have to support them I will pick monero , pivx from the list and a new one some one mentioned veil and Litecoin( Litecoin also announced privacy update).

[rmilly]

There's another project that is going to be rolling out soon too that will compete among these other privacy coins that has a pretty bright looking future seeing that David Chaum is a founder. Elixxir is a payment and messaging app that focuses on privacy and scalability. https://elixxir.io/

They're currently in their node selection process but it's defintily a platform we should pay attention to this year.

[rawdog11]

I'm a zcash believer. I think it trumps XMR and then some.