PIVX vs Monero vs Bytecoin
What problem does this service solve?
PIVX is developing a cryptocurrency that is easy to spend privately and securely. | 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. | Bytecoin is a decentralized blockchain platform whose primary focus is privacy. |
Token Stats
Company Description
PIVX is a cryptocurrency that is focused on privacy, speed, and low transaction fees. It was originally called Darknet and was forked from DASH. PIVX has a strong focus on community governance. | 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. . | Bytecoin is a privacy focused blockchain that aims to be completely anonymous. It is the first digital currency based on CryptoNote technology and uses ring signatures. Bytecoin utilizes one-time addresses and multi-signatures to enhance security. Bytecoin has high transaction speeds and users are in complete control their personal information. Any identifiable details can only be seen if you allow it. Bytecoin, and CryptoNote, have led to several popular forks. Monero and Dash are both Bytecoin forks. The CryptoNote Proof-of-Work (PoW) algorithm was designed to provide ASIC resistance and enables anyone with a personal computer to mine it. |