After delving into the world of cryptocurrencies one can see that good majority of digital asset proponents are big fans of privacy and anonymity. Just recently a spreadsheet document was published that lists the top privacy-centric coins and the various differences between them. The paper called “Privacy Coin Matrix,” allows enthusiasts to see a comprehensive list of cryptocurrency networks that focus on promoting financial privacy.
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Introducing the Privacy Coin Matrix
A Google Docs’ spreadsheet has been recently published on the wide variety of cryptocurrencies that aim to bolster financial anonymity. The paper is very comprehensive and includes various details about each coins’ attributes strewn across a very long spreadsheet. Coins that are present in the ‘Matrix’ spreadsheet include Bitcoin Core (BTC), Monero (XMR), Zcash (ZEC), Dash, Verge (XVG), PIVX, Bitcoin Private (BTCP), and more. There are a total of twenty cryptocurrencies listed, alongside some relatively unknown coins like Zoin (ZOI), and Colossus Coin (COLX). There are a bunch of privacy-centric coins missing from the list as well such as anon tokens like Boolberry (BBR), and Bitcoin Dark (BTCD).
There are fourteen separate sections that distinguish each coin such as the asset’s summary, features, resources, trading, supply and distribution, wallets, and privacy benefits. With each section summarizing the protocols’ features it can give a reader an in-depth look at how much privacy these networks actually give to users. For instance, in the ‘privacy’ section, readers will likely get the most information concerning anonymity methods. Both Bitcoin Core (BTC) and Ethereum (ETH) mentioned in the list fail miserably when it comes to nearly everything privacy related.