privacy coins are going to boom!?! (THIS IS WHY)
government and regulating bodies looking into coins and how they can track you on the dark web for example
government wants us to pay tax
no anonymity in bitcoin and some other crypto currencies on the block chain network, its the most private but least private at the same time ( private until you find out that persons wallet id then you know everything and takes away privacy)
coins that could see potential boom
dash benefits - security, instant send (0-4 seconds), friendly to the retail investor, low fees, extended privacy
electroneum benefits - mobile user appeal, gamification, fork of monero, anonymous transactions,
monero benefits - also being used on dark web, dark web is a very very big market and in 2016 monero was one of the fastest growing crypto currencies.
Ring signatures – this piece of technology bundles every transaction into a group with other seemingly identical transactions, making it virtually impossible for an outsider to tell which source of money is the real one. In other words, Ring signatures hide where the money is coming from.
- Stealth Addresses, on the other hand, hide who the money is being sent to by generating a one-time random address unique to the recipient. Whilst anyone can view these addresses, there is no way to make a link between this address (public key) and the recipient’s real address (private key).
also some to look out for : verge, PIVX, Zcash
where to get these cryptos👇🏽
dash - available on almost all main exchanges
electroneum - cryptopia, but they have applied to other exchanges and plan on being listed on exchanges like bitfinex.
monero - bitfinex, Bitsquare, LiteBit, Orillia, Kraken,