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State of the Art Privacy Coins
State of the Art Privacy Coins

State of the Art Privacy Coins

πŸ”
Privacy is a fundamental human right recognized in the UN Declaration of Human Rights. But how private are cryptocurrencies nowadays? Who is able to view your transactions with cryptocurrencies? It’s more than you think. Read more to find out more about the current privacy coin landscape and examples of the top privacy coins.
  • Motivation
  • Methods
  • Technology
  • Privacy Coins
  • Comparison
  • Glossary

Motivation

Privacy coins are a relatively new technology, as the oldest privacy coins are less than a decade old. There is a lack of information on the web describing the current privacy coin landscape from different analytical perspectives. The current crypto landscape is constantly evolving with the introduction of new technologies and new regulations being passed, therefore a need for the current state of the art of privacy coins was found.

On this page you can find out more about the current technologies in privacy coins, information about the privacy coins themselves, and a comparison between the privacy coins in different fields.

Methods

Data about privacy coins were collected mostly from primary sources. The respective whitepapers and official websites of each privacy coin were excellent sources of primary data written by the developers of the coin. The official websites of each privacy coin were also an excellent and reliable source of source of information.

Technology

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The following links contain information about the most common techniques used by privacy coins to ensure anonymity and untraceability for their users.
πŸ“‘Stealth AdressesπŸ’Ring SignaturesπŸͺ™CoinJoinπŸ’€Zk-SNARKsπŸͺ„MimbleWimble

Privacy Coins

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The following links provide an in-depth look top privacy coins regarding many factors.
MoneroMoneroZcashZcashDashDashBeamBeamPIVXPIVX

Comparison

After each of the five privacy coins were thoroughly researched, the coins were compared and contrasted with one another. The privacy coins were compared in the categories: Unique Selling Point (USP), Confidentiality, and Price Volatility.

πŸ¦„Unique Selling PointπŸ—οΈConfidentiality πŸ’΅Price Volatility

Glossary

Blockchain

Digital Signature

Digital Wallet

Mining

Proof-of-Stake (PoS)

Proof-of-Work

πŸ“„Whitepapers🌐Official Websites

Β© Chair for Strategy and Organization, Technical University of Munich

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