Bitcoin Private vs Hush vs Beam
What problem does this service solve?
Bitcoin Private allows for anonymous transactions. | Hush uses uses zero-knowledge cryptography to allow users to send anonymous transactions and messages. | BEAM aims to create a blockchain platform that will provide complete transaction confidentiality and can also be audited to ensure regulatory compliance. |
Token Stats
Company Description
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. | Hush is a cryptocurrency and messaging protocol that is focused on privacy. It uses a the equihash mining algorithm, which is a Proof-of-Work (PoW) consensus mechanism. It offers a high degree of privacy, and allows users to transact and send messages anonymously. | 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. |