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

Top 10 Painkiller Foods
Medicine

Top 10 Painkiller Foods

2020
Reliability rating of banks 2018 (data from the Central Bank)
Finance

Reliability rating of banks 2018 (data from the Central Bank)

2020
5 financial habits that will help create capital in 2020
Finance

5 financial habits that will help create capital in 2020

2020

Leave Your Comment

Recommended

Where to invest in 2019 - 5 ideas from experts

Where to invest in 2019 - 5 ideas from experts

2020
10 coldest cities in the world

10 coldest cities in the world

2020
The largest planets in the solar system

The largest planets in the solar system

2020
The most unusual wedding dresses in the world: photos

The most unusual wedding dresses in the world: photos

2020

Popular Categories

  • Technics
  • The most in the world
  • Favorite
  • Information and News
  • Nature
  • Articles
  • Coronavirus
  • Technology Reviews and Tests
  • Tourism
  • Medicine

Recent

Rating of countries by level of public debt

Top managers of the National Media Group entered the ranking of the best managers of Russia 2019

2018 Samsung smartphones - top rated, latest

The most popular football clubs in Russia 2019

20 of the best PC games of all time, game rating

10 most healthy foods for pregnant women

Actual

Rating of the best Formula 1 racers
Cars

Rating of the best Formula 1 racers

2020

This rating of the best Formula 1 racers is based on indicators such as racer wins, pole positions and so on. At the same time, the results of the last five years are used, the old grand prix are deducted, and the new ones are summed up, so the rider receives less points for old victories than ...

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

YouTube's top-paid video bloggers 2019, Forbes rating

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

The most iconic legs in history (PHOTO)

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

Top 25 most unusual animals of the planet

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

The most popular diets of the modern world

2020

The best in the world

The best in the world.

Recent

  • The best credit and debit cards with cashback 2019
  • 15 best flu and cold remedies for adults and children
  • Top 10 educational applications for children on Android and iOS

Popular Categories

  • Technics
  • Ratings
  • Cars

© 2025 https://efuc.org

  • Medicine
  • The most in the world
  • Information and News
  • Articles
  • Technics
  • Coronavirus
  • Tourism
  • Favorite
  • Nature
  • Cities and countries

© 2025 https://efuc.org