Spectrecoin vs Grin Coin vs Bitcoin Private
What problem does this service solve?
Spectrecoin aims to create a fast, environmentally friendly cryptocurrency with a high degree of privacy and anonymity. | Grin's goal is to use the MimbleWimble protocol and the properties of Elliptic Curve Cryptography (ECC) to enable anonymous transactions. | Bitcoin Private allows for anonymous transactions. |
Token Stats
Company Description
Spectrecoin is a privacy-focused cryptocurrency with a Proof-of-Stake (PoS) consensus mechanism. Spectrecoin uses ring signatures, stealth addresses, and Tor to provide privacy and anonymity. | Grin Coin is a community driven blockchain project that aims to create a lightweight mimblewimble blockchain that will enable anonymous transactions. Grin has a Proof-of-Work consensus mechanism. Transactions are executed while hiding addresses and amounts. | 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. |