Beam vs Bitcoin Private vs ZCash
What problem does this service solve?
BEAM aims to create a blockchain platform that will provide complete transaction confidentiality and can also be audited to ensure regulatory compliance. | Bitcoin Private allows for anonymous transactions. | ZCash allows users to make transactions anonymously. |
Token Stats
Company Description
Beam is developing a confidential cryptocurrency that uses the Mimblewimble protocol. It will have a Proof-of-Work (PoW) consensus mechanism, and will enable private transactions that can be audited for compliance purposes. | Bitcoin Private is a community-driven fork of the Bitcoin protocol. It is somewhat unique in that it was created as a result of a privacy-focused co-fork of Bitcoin and ZClassic. Coins were distributed on a 1:1 basis to BTC and ZCL holders. Bitcoin Private (BTCP) uses the same privacy technology as ZClassic (zk-snarks). Transactions are published on a public blockchain, but the sender, recipient and other transactional metadata remain anonymous. Bitcoin Private has a larger block size, and enables anonymous transactions that are more secure than the original Bitcoin protocol. | ZCash is a privacy focused cryptocurrency protocol that enables users to make transactions anonymously. Users to hide the sender, receiver, and amount of every transaction. ZCash has several high profile advisers and investors, including: Roger Ver, Gavin Andresen, and Vitalik Buterin. |