List of BEST Privacy Coins
What Are Privacy Coins?
Privacy coins are an anonymous form of cryptocurrency that protect the user’s identity.
Privacy Coins -
1) Monero (XMR)
Private Digital Currency - Monero is cash for a connected world. It’s fast, private, and secure. With Monero, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity.
Monero is secure - Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.
Monero is private - Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions.
Monero is untraceable - Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.
Monero is fungible - Monero is fungible because it is private by default. Units of Monero cannot be blacklisted by vendors or exchanges due to their association in previous transactions.
2) NavCoin (NAV)
What Is NavCoin? - NavCoin is a decentralized cryptocurrency that uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of NavCoin is carried out collectively by the network. NavCoin is open-source; its design is public, nobody owns or controls NavCoin and everyone can take part.
Fast Transactions - No need to wait 10 minutes. Send NAV anywhere on the planet instantly and have it confirmed within 30 seconds.
Energy Efficient - NavCoin uses Proof of Stake which only consumes a fraction of the energy used to mine using Proof of Work.
Secure Wallets - There are a variety of NavCoin wallets which help you keep your private keys secure on most operating systems.