Monero vs ZCash 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. | ZCash allows users to make transactions anonymously. | 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. . | 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. | 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. |