Tag: fungibility

In the ever-evolving world of cryptocurrency, privacy coins have carved out a niche by prioritizing the anonymity and privacy of transactions. Unlike Bitcoin and Ethereum, where transaction details are often transparent and traceable, privacy coins use various cryptographic techniques to obscure transaction data. Here's a closer look at what privacy coins are and how they work. What Are Privacy Coins? Privacy coins are a class of cryptocurrencies that enhance user privacy by hiding the transaction trail. This makes it difficult for outside observers to determine the origins, destinations, and amounts of...