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. Privacy coins like Monero are already transacting millions of dollars online – and this trend is expected to continue.
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.
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.
Read here in detail about all 10 coins:
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