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Topic: Privacy Cryptocurrencies (Read 72 times)
TheCCForums
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Privacy Cryptocurrencies
April 25, 2018, 11:35:06 PM
Last edit: April 26, 2018, 12:09:25 AM by TheCCForums
#1
Most experienced crypto buyers, users or investors know that bitcoin isn’t truly anonymous. Some of the most commonly covered cryptos are discussed in this article.
https://thecryptocurrencyforums.com/what-are-anonymous-privacy-cryptos/
What other anonymous currencies with strong underlying tech should be on the list? Any up and coming privacy coins to watch?
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SupplyBloc
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Re: Privacy Cryptocurrency
April 25, 2018, 11:47:11 PM
#2
LUXcoin seems to be a good undervalued project
SimpeleSimpele
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Re: Privacy Cryptocurrency
April 25, 2018, 11:59:17 PM
#3
all crypto curency still privacy
you not need verication if only get crypto curency, what ever crypto curency, bitcoin and all altcoin
TheCCForums
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Re: Privacy Cryptocurrency
April 26, 2018, 12:05:47 AM
#4
Not all crypto is private and anonymous. Governments can track blockchain addresses and use social media profiling tools to match addresses to identities. Steps can be taken to reduce your profile, but some coins are designed specifically to increase anonymity.
Interesting the only LUXcoin review I found states “The parallel masternodes are only going to be available to vetted and verified government institutions and businesses” and “LuxGate enables the interaction with centralized organizations such as banking institutions with the Parallel Masternodes private network. Since LuxGate and PMN can work across-algorithm and are system agnostic, Luxcore has a strong chance to shake up traditional banking transaction systems.”
I’m not sure that qualifies as an anonymous crypto compared with Monero, Dash, zCash, etc that we covered in the article link in the OP. It looks like they use coin-mixing which can be used for any currency really. Is the tech built on privacy as a focus? Not much out there about it. Thanks.
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