Privacy In Coins

As the name implies, a “privacy coin” is a type of cryptocurrency that ensures the privacy and anonymity of its users. Even if one were to set aside high-level arguments of privacy concerns, there are plenty of practical reasons to support privacy coins, with safety being perhaps the most important. When an open ledger publicly displays levels of wealth between wallet addresses, and those addresses are successfully linked to individuals, then coin holders have a major target on their back. This isn’t just true in theory, either.

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