Monero vs Loki vs Bitcoin Private
What problem does this service solve?
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. | Loki will allow users to transact and communicate privately, and anonymously, over the internet. | Bitcoin Private allows for anonymous transactions. |
Token Stats
Company Description
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. . | Loki is developing a privacy-focused blockchain that will enable private transactions and decentralized communication. The Loki blockchain will be complemented by Lokinet and SNApps. Lokinet will use onion routing to allow users to access the internet privately without revealing their IP address. SNApps are web applications that will be located inside the Lokinet, and will be resistant to censorship. The Loki network is powered by the LOKI coin. It has a Proof-of-Work (PoW) consensus mechanism. Service nodes, on the network, are paid to process transactions and route the network's traffic and messages. | 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. |