- By default, ZEC transactions hide the sender’s and receiver’s addresses.
- Haven’s primary currency is the XHV, which is used to create the xAssets.
Let us look at the top 3 privacy coins for investors in June 2022.
Anonymity and privacy are the primary goals of Monero, a cryptocurrency established in 2014. XMR uses powerful encryption to hide both the sender and the receiver. Aside from privacy and security, the team developing Monero stresses simplicity of use and efficiency as the second most important consideration. Regardless of their level of technical proficiency, it attempts to safeguard all users.
According to CMC, the Monero price today is $129.25 USD with a 24-hour trading volume of $73,275,569 USD. Monero is down 0.85% in the last 24 hours.
Zcash is a privacy-focused decentralized cryptocurrency. Transactions may be verified without disclosing sensitive information thanks to the zk-SNARK zero-knowledge proof method. By default, ZEC transactions hide the sender’s and receiver’s addresses and the value of the transaction. However, disclosing this information for auditing or regulatory reasons is possible.
According to CMC, the Zcash price today is $66.91 USD, with a 24-hour trading volume of $76,037,644 USD. Zcash has been down 2.78% in the last 24 hours.
Haven Protocol (XHV)
Private tokens representing stable and volatile assets, like commodities and fiat currencies, are created using the Haven Protocol like an offshore bank. Consequently, most of Monero’s capabilities, such as bulletproofs and other privacy-enhancing technologies, are also available on the Haven system. Haven’s primary currency is the XHV, which is used to create the xAssets, a class of private, anonymous, and untraceable digital assets and commodities.
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