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What is anonymous currency (which anonymous currency has the most potential)?

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What is anonymous currency? Privacy leaks are also known as \”anonymity\”. In the

What is anonymous currency (which anonymous currency has the most potential)?

What is anonymous currency? Privacy leaks are also known as “anonymity”. In the world of blockchain, anonymity is inevitable. However, if we mix encrypted assets and cryptocurrencies together, it becomes a secret that cannot be known by anyone – this identity does not exist within any centralized organization or individual institution. This feature can be used to achieve certain purposes, such as purchasing bitcoins through the dark web or converting fiat currency into legal tender.

However, due to the downside of anonymity in blockchain, many users lack understanding of digital assets, leading to forgetting the content (such as codes and data) they own, as well as their own actions. Therefore, in order to avoid potential transaction risks and protect fund security, it is necessary to use hiding methods for masking operations.

Which anonymous currency has the most potential

Recently, Binance announced the launch of an anonymous trading platform based on Ethereum, and also plans to launch the privacy coin MimbleWimble. In this exchange, users can complete token transfers and exchanges by scanning QR codes. If users want to participate in trading, they need to use an Ethereum wallet for identity verification, rather than mainstream currencies like Bitcoin and Monero (including XMR and ZEC). Binance has already collaborated with multiple digital asset management companies and will further promote this service in the future. So, does anonymous currency have any potential? Let’s take a look together.

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