privacy coins

Privacy coins are cryptocurrencies designed to enhance user confidentiality by obscuring transaction details. Unlike standard cryptocurrencies like Bitcoin, which have transparent ledgers, privacy coins use advanced cryptographic techniques to hide information such as sender, recipient, and transaction amount. This ensures greater anonymity and security for users seeking privacy in their financial activities. Popular examples include Monero and Zcash, which aim to protect user identity and transaction data from public view while maintaining the benefits of decentralized digital currencies.