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What is privacy coins?

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Min George

Min George

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I have been hearing of a new concept in the crypto world and that is privacy coins. I would love to know in more details what privacy coins are and what they are particularly used for?

And I would also love to know examples of some privacy coins and the blockchains they run in.
 
Privacy coin is a type of crypto that can hide the user's crypto address, transactions and the amount of crypto transacted. Some well-known privacy coins such as Dash, Monero, Zcash, PIVX, Verge etc. each privacy coin uses different features/technologies such as Coin join, Snarks, ring signatures etc.
 
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