In the rapidly changing encryption market, it is inevitable that anonymous coins will continue to be popular. The popularity of BTC is related to its anonymous function to some extent, whether it is based on dark network transactions or for the purpose of protecting privacy.
However, with the rise of cryptocurrency in the circulation field, the supervision of this market in various countries is becoming more and more strict, and BTC is the first to bear the brunt. However, the anonymity function of BTC itself is not perfect. In order to make up for its defects, people gradually turn their attention to anonymous coins with more complete technology.
However, while anonymous coins are "old coins" and "new coins are everywhere", how should many investors choose?
1. Monroe coin
Monroe coin appeared in the currency circle from 20 14, providing the highest level of anonymity, and it is a well-deserved old anonymous coin.
Today, Monroe coins are highly accepted in the dark net trading, and it is recognized that it will become the next new favorite after BTC. Monroe coin's high status in anonymous coins is mainly due to its ring signature technology.
What is ring signature technology?
That is, all participants will sign in a ring, thus avoiding judging who is the first signer from the signature sequence; When using this concept, Monroe Coin can use other people's public keys to form a ring signature, thus achieving the function of complete anonymity.
Step 2 dash
Dashi coin can be said to be the most well-known anonymous coin among the public, and it is also a kind of anonymous coin with high acceptance by merchants. The technology of mixing coins is not difficult to understand.
Mixing coins is obviously a way to confuse the line of sight; When it is used, it is to make a transaction contain a large number of outputs and inputs, and separate the corresponding relationship between them. The more people involved, the more rounds, the more complicated the relationship and the higher the confidentiality.
This is the technical defect. The more people involved, the higher the security, but the speed can not be guaranteed, and too few people participated in the early stage, which will make the transaction record possible to be tracked.
Third, the Great Change (Zcash)
Large coins can be said to be the most advanced and perfect anonymous technology among all anonymous coins. As soon as it came out, it was greatly sought after by the currency circle, and its nominal market value even exceeded BTC. Such a high reputation is entirely due to its core technology-zero knowledge proof.
For example, A needs to prove to B that he has a key to a room, and B makes sure there is something in the room. A opens the door and gives it to B, proving to B that he has the key to the room.
In this process, B never saw the key of A, and A did not provide other effective information, but finally proved his ownership. Great changes in the use of this technology can also better ensure the anonymity of transactions.
In order to ensure the need of supervision, large change coins provide users with completely anonymous transactions and non-anonymous transactions. However, in the actual application process, due to the slow speed and other problems, its anonymous function has not been widely used.
These are the three established giants in the anonymous currency circle, each with its own advantages and disadvantages. In the process of their respective competition, a number of new anonymous coins have emerged recently, which are grabbing people's attention with extraordinary strength.
I. Shadow Coin (SDW)
Shadow currency is a rookie just listed in the middle of 19. On the premise of ensuring high anonymity, shadow currency pays more attention to the practical role in the transaction process.
Darksend technology is injected into the research and development process of shadow currency to ensure its super anonymity, and at the same time, it is innovatively integrated with InstantX technology to ensure timely, effective, safe and reliable transactions. In addition, it is the first cryptocurrency in the whole network to realize the double-layer reward system, which greatly stimulates the enthusiasm of miners.
Second, Dero (dero)
Dro Coin is developed from Monroe Coin, so the core technology he uses is ring signature technology, but it rewrites the code of ring signature with Go language, adding new innovations on the basis of Monroe Coin.
It includes anonymous smart contract and Bulletproofs, which can ensure the anonymity and security of the whole transfer and greatly reduce the transaction cost.
Three grin-beams
Grin and Beam are anonymous coins developed based on MimbleWimble protocol.
The origin of MimbleWimble protocol is closely related to Bitcoin, and its original intention is actually to help Bitcoin save storage space and improve the anonymity and security of transactions. The principle of anonymity is that there is no transaction address in the transaction, and the intermediate States of the transaction can be merged to ensure the anonymity of the transaction from the source while ensuring safety and reliability.
However, in the process of development, it was found that it had a great conflict with bitcoin scripts, so it was not applied to bitcoin in the end. Instead, with the efforts of two anonymous gods, two independent cryptocurrency projects, GRIN and Beam, were successively created.
These are rookies who have emerged in the anonymous coin circle in the past two years. Although the online time is short, it has quickly occupied the anonymous cryptocurrency market. For example, the shadow currency has achieved a rapid rise of about 300% in a short period of time, and the fierce competition can be seen.
Whether it is an old coin or an anonymous rookie, it has irreplaceable advantages. Among them, Monroe coins (XRM) and dash coins (SDW) are more and more practical. Zcash，Dero，Grin &； The practicality of Beam has yet to be verified, but there are new attempts and breakthroughs in technology.