ZCash vs Bitcoin Private vs Spectrecoin
What problem does this service solve?
ZCash allows users to make transactions anonymously. | Bitcoin Private allows for anonymous transactions. | Spectrecoin aims to create a fast, environmentally friendly cryptocurrency with a high degree of privacy and anonymity. |
Token Stats
Company Description
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. | 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. |