The best in the world

  • Home
  • Technics
  • Finance
  • Ratings
  • Cars
  • Movie
  • People
  • Home
    • Technics
    • Finance
    • Ratings
    • Cars
    • Movie
    • People

Home Finance

The most anonymous cryptocurrencies in the world in 2018

Share
Pin
Tweet
Send
Share
Send

Bitcoin, which in the early years of its existence, many users perceived as an anonymous currency or payment method, is not really a completely confidential cryptocurrency. But at present, Bitcoin Core developers are not paying attention to this problem. As a result, more and more creators of the best cryptocurrency exchanges are trying to fix the situation with the confidentiality, anonymity and interchangeability of the digital currency, trying different approaches.

We present you the top 5 most popular of anonymous cryptocurrencies in the world for 2018. The indicated volume of their market capitalization was taken from coinmarketcap.com.

5. ZCash

Capitalization - 1.17 billion dollars.

Cost 1 ZEC - 304 dollars.

Our cryptocurrency rating opens, which ensures the confidentiality and selective transparency of transactions. As an independent virtual currency, ZCash was launched in 2016 and uses a zero-disclosure proof protocol called zk-SNARK (Succinct Non-interactive Argument of Knowledge) to ensure anonymity for its users.

This protocol allows you to verify data without revealing key information about users. It is used to encrypt addresses and the transfer amount for both parties in a transaction. That is, the only thing an outside observer can see is that the translation was completed.

However, ZCash cannot boast of complete anonymity. The IP addresses of users of this cryptocurrency are not completely hidden if they do not use the routing service. And in order to use the privacy function zk-SNARK, your computer must have at least 4 gigabytes of RAM.

4. Verge

Capitalization - 1,119 billion dollars.

Cost 1 XVG - 0.80 dollars.

The release of one of the best anonymous cryptocurrencies took place in February 2016. She officially renamed herself Verge from Dogecoindark and works as a decentralized, open-source virtual currency with its own platform. Coins called XVG cannot be centrally controlled and fully tracked.

Verge uses several anonymity technologies, such as the Tor proxy system and the I2P add-in. This allows you to hide IP addresses and user transactions. In addition to this, the Verge platform has unique features, such as atomic swaps (direct exchange for coins with other blockchains) or fast transactions. Despite the low price of this cryptocurrency, Verge has excellent potential for the future, including an excellent development team and a large community of users.

3. Bytecoin

Capitalization - 1.31 billion dollars.

Cost 1 BCN - $ 0.007.

Bytecoin, introduced to the online miner community in 2012, has one significant difference from other cryptocurrencies. This is the first altcoin based on CryptoNote technology. It is often called a “completely anonymous cryptocurrency.” The main advantages of this cryptocurrency include the use of ring signatures, as well as one-time address keys. Ring signatures use data from a whole group of users, which makes it impossible to identify a specific person. Also, this algorithm is complemented by code obfuscation to make transaction analysis difficult.

This platform supports unlimited instant international payments. It takes a little time to process them, while they require cryptographic confirmation. Bytecoin developers claim that transactions are processed in about two minutes.

2. Dash

Capitalization - 3.91 billion dollars.

Cost 1 DASH - $ 495.

This is one of the most popular cryptocurrencies with high anonymity. Dash provides private transactions and transparent payment methods. And by capitalization, it is about to overtake the leader in the rating of the best cryptocurrencies in terms of confidentiality.

The Dash privacy feature is a coin exchange service called PirvateSend. Thanks to the decentralized mixing system implemented in PrivateSend, transactions are generated by several parties and can be paid to several parties. That is, the funds are “mixed” together, and then divided into parts so that an outsider could not determine the sender, the amount of the transfer and its recipient. Successfully mixing payments using PrivateSend requires at least three participants.

In the second half of 2018, developers promise to release a Dash Evolution update, which should increase the convenience and speed of transactions.

1. Monero

Capitalization - 3.92 billion dollars.

Cost 1 XMR - $ 245

This is the best cryptocurrency in the world, if privacy is your main concern.

It was launched in April 2014 as an alternative to bitcoin and has since established itself as a reliable digital currency with an exceptionally high level of privacy and anonymity.

Transactions in Monero use ring signatures and code obfuscation, which hide all the details associated with the transfer of funds, including the address and the amount of sending or receiving.

When you send Monero coins, the transaction is signed with a ring signature, which is verified by a group of public keys without revealing the private key of the actual user. This happens by default, and therefore transactions in Monero cannot be tracked or linked to the user and his real identity. Blockchain analysis of this cryptocurrency is almost impossible.

Monero's privacy features are so good that not even law enforcement can get around them. When the Alphabay market on the darknet was closed, law enforcement could not find how many Monero coins belonged to its owners at that time.

Digital assets with high anonymity, despite their popularity with users, cause dissatisfaction with law enforcement agencies and regulators. After all, anonymity in the world of cryptocurrencies can be an excellent tool for criminal schemes. Will the governments of different countries find mechanisms to open the curtain of confidentiality on cryptocurrency exchanges - time will tell.

Share
Pin
Tweet
Send
Share
Send

Watch the video: Best Cryptocurrency to invest in 2020? (June 2025).

Similar Articles

10 best world spots for riders
Sport

10 best world spots for riders

2020
10 best smartphones 2020 to 15,000 rubles
Technics

10 best smartphones 2020 to 15,000 rubles

2020
Top 10 Alternative Energy Sources
Ratings

Top 10 Alternative Energy Sources

2020

Leave Your Comment

Recommended

Top 10 cities in America with the cheapest accommodation

Top 10 cities in America with the cheapest accommodation

2020
The best spinners, which spinner is best to buy

The best spinners, which spinner is best to buy

2020
Forex Best Daily Strategy Rankings

Forex Best Daily Strategy Rankings

2020
The most anticipated crossovers of 2020 in Russia

The most anticipated crossovers of 2020 in Russia

2020

Popular Categories

  • Games
  • Technics
  • Information and News
  • Articles
  • Food and drink
  • Books
  • Nature
  • Medicine
  • Sport
  • Movie

Recent

10 best films about psychopaths, sociopaths and serial killers

World of tanks clan rating

The most expensive TVs in the world

The best hotels for families with children 2018

Rating of wireless vacuum cleaners for the house 2018, top 10

Top 5 rumors about iPhone 5

Actual

Most popular gifts on March 8
Ratings

Most popular gifts on March 8

2020

On March 8, women wait with pleasant excitement, and for men this holiday turns into a “day of cares." After all, you need to pick up a gift in advance in order to express your feelings and thank (or take revenge) for the gift presented on February 23. To make it easier for you, we have compiled a selection of the most ...

Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

10 best anti-wrinkle creams 2019

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Rating of DVRs 2018, 5 best models by reviews

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The most prestigious beauty contests (Top-10)

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Photo of the 100 sexiest women on the planet according to FHM’s

2020

The best in the world

The best in the world.

Recent

  • The best spinners, which spinner is best to buy
  • Rating of Russian regions by the availability of mortgages in 2013
  • Rating of the best foreign TV shows of 2017, a list of the top 15

Popular Categories

  • Technics
  • Cars
  • Technics

© 2025 https://efuc.org

  • Games
  • The most in the world
  • Articles
  • Technology Reviews and Tests
  • Books
  • Medicine
  • Technics
  • Favorite
  • Nature
  • Food and drink

© 2025 https://efuc.org