Bitcoin Private vs Monero vs TokenPay
What problem does this service solve?
Bitcoin Private allows for anonymous transactions. | Monero is a blockchain with a strong focus on privacy. It uses an obfuscated decentralized ledger to hide information about transactions. Making it completely anonymous. | TokenPay wants to encourage wider adoption of cryptocurrency by emphasizing stronger privacy and more merchant services. |
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. | Monero is a decentralized public ledger protocol whose focus is on increased privacy. It was created in 2014, with the goal of establishing a privacy focused blockchain that would allow users to send and receive transactions anonymously, and not pseudo-anonymously, like Bitcoin. . | TokenPay is a Proof-of-Stake (PoS) blockchain powered by the native TPAY coin. TokenPay hopes to encourage wider adoption of its cryptocurrency by focusing on privacy and merchant services that will make it easier for crypto to be widely used as a medium of exchange. TokenPay also places a strong emphasis on security and anonymity. The network's architecture uses zero-knowledge proofs, ring signatures, and other features to increase privacy. They are also developing an encrypted messaging system that allows users to communicate securely within their network secure communication interface |