Asia Broadband Inc (AABB): Re: AABBG - Privacy Coins: Are They Real...

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Thursday, 03/09/2023 9:07:37 PM

Thursday, March 09, 2023 9:07:37 PM

Re: AABBG - Privacy Coins: Are They Really Anonymous?

Key Takeaways:

Privacy coins are digital assets that obscure on-chain transactions to enhance the anonymity and activities of their users.

One of the main features of privacy coins is using privacy-enhancing technologies such as stealth addresses, zero-knowledge proofs, "mixers", and public-key encryption.

The legal status of privacy coins varies depending on the country where you want to use them.

The list of popular privacy coins includes Monero, Zcash, Dash, Decred, Beldex, and Mask Network.

While they provide a higher anonymity level than other cryptocurrencies, they are not entirely anonymous.

https://www.coingecko.com/learn/what-are-privacy-coins-are-they-legal

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