Get into privacy coins with DASH, Monero, ZCash and Pivx

Thank you for listening!

In this episode of WTF is CryptoSpace, Chad and Brett discuss some of the privacy Cryptocurrencies in the CryptoSpace. They explore some commonly used Cryptocurrencies that can provide maximum levels of anonymity across the blockchain technology. Bitcoin has pillared a revolutionary financial concept of decentralisation that relies on utilisation of a peer-to-peer network to confirm transactions between trustless parties. However a feature, and to some flaw in bitcoin’s blockchain is a public ledger that stores every single transaction, allowing the records to be visible by anyone.

Even though your bitcoin address is a form of a “pseudonym”, this doesn’t provide total anonymity.

If you are a member of the CryptoSpace community, interested in Blockchain technology (you are not alone) or just curious about Cryptocurrencies such as Ethereum and Bitcoin then join us for your regular chat here at WTF is CryptoSpace.
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Why would you want an anonymous Cryptocurrency?
With the rise of cryptocurrency has come increased governmental scrutiny and regulatory action.
For some users who do not like being thoroughly monitored with a spiked in the market has begun to develop solutions with DASH, PIVX, ZCash and Monero.
Currently, the best option for privacy and anonymity along with price appreciation could be PIVX.
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Is Bitcoin and Ethereum anonymous?
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Are there any truly anonymous cryptocurrencies?
In short, there is no perfect anonymity, everything is a scale and a spectrum of security, and what type of guarantees you can get around the anonymity properties you want.
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