Privacy Coin

A privacy coin refers to a specific category of cryptocurrency explicitly created to safeguard the privacy of both users and the underlying network protocol. Privacy-oriented blockchain networks commonly incorporate cryptographic techniques like Zero-Knowledge Proofs (ZKPs) or zk-SNARKs, which effectively conceal information while ensuring its cryptographic verification, immutability, and resistance to tampering. Notable examples of privacy coins include Monero, Zcoin, and Zcash.