What are the Privacy Features of altcoin?
Lilly Wilson

Lilly Wilson @lillywilson

About: I am a technical writer who loves to writes. Working at Asic Marketplace

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What are the Privacy Features of altcoin?

Publish Date: May 15
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Bitcoin transactions are pseudonymous, but publically traceable on blockchain. Many altcoins have stronger privacy primitives.

  • MimbleWimble: Combines transactions, hides amounts and addresses and uses confidential transactions in order to obscure metadata.
  • Stealth addresses (e.g. Monero), ring signatures, and mixing inputs.
  • Zero Knowledge Proofs (e.g. Zcash): Allows users to completely shield transactions, proving their validity without disclosing details.

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