Privacy Coins
By CoinGecko | Updated on Mar 03, 2020
Privacy coins are desgined and developed with the continual focus of transaction privacy and data anonymity in mind. The foremost privacy coins example are Monero and Zcash, though many other coins exists.
Related Terms
Atomic SWAP
Atomic Swap refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.
ASIC Resistant
A term used to describe cryptocurrency proof-of-work protocols that are resistant to Application-Specific Integrated Circuit (ASIC), by packing in various parameters that make it difficult for ASICs to have a competitive edge against consumer hardwares.
Interoperability
Interoperability refers to the property of product/systems that are able to work with products/systems that are different without any restrictions.
BitLicense
Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.
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