Top Privacy Protecting Coins to Invest: Privatixy & Zcash
Bitcoin (BTC) is the first cryptocurrency and the first experience of the blockchain technology we had. Although the landscape has expanded to include several other tools beyond the scope of Bitcoin, BTC remains revered despite the many cryptocurrency market conditions it must adapt to.
Bitcoin needs to adapt to the fact that new blockchain solutions are not just payment systems like Bitcoin is. These new cryptocurrencies can run on smart contracts, power DeFi and many other blockchain use cases.
However, Bitcoin is known as the most secure blockchain network, and for any network to be truly secure, it must be highly decentralized. In contrast, it is not Bitcoin that has to adapt to the market; it is the cryptocurrency market that has adapted to Bitcoin.
The cryptocurrency price chart always reacts to Bitcoin (BTC) movements, and recently there have been some upsides for Bitcoin, which has restored the confidence of crypto traders. We have seen more volume lately and it may be right to look for other promising cryptocurrencies to buy.
It is hard to say whether the security situation has kept Bitcoin on top, but Zcash (ZEC) and Privatixy (PXP) are two highly secure blockchain networks that add multiple layers of privacy to their network. Privatixy, which is a new cryptocurrency, may have the highest profit potential. Let’s look at both:
Zcash (ZEC)
Zcash (ZEC) was created in 2016 by a group of researchers who wanted to create a cryptocurrency similar to Bitcoin, but with some additional features. They created a Bitcoin blockchain fork with improved user security and anonymity. The researchers first created Zerocoin, which quickly evolved into Zerocash after its initial release. The cryptocurrency was eventually renamed Zcash.
To ensure that the parties involved in a transaction are verified without revealing any information to each other or the network, Zcash uses the zk-SNARK security protocol. zk-SNARK is a protocol creator of Bitcoin, Satoshi Nakamoto, once described as what would be a practical implementation of Bitcoin.
The Bitcoin community prides itself on transparent transactions that remain anonymous. However, anyone interested in or having an interest in a transaction can trace the parties involved.
Zcash (ZEC) does not remove transaction data. Instead, it encrypts it, making it untraceable. The Zcash blockchain remains encrypted, but the zk-SNARK security protocol provides additional user security and anonymity.
Privatixy (PXP)
Privatixy Protocol (PXP) is a new blockchain network that aims to be the backbone of blockchain technology, reducing breaches of user privacy. The protocol takes user privacy concerns seriously and provides an open source protocol that provides a wide range of solutions for blockchain user privacy.
The Privatixy protocol also uses zk-secure systems, provides integrated scaling solutions to improve the experience, and implements web3 technologies that enable all new use cases and enable multi-chain interoperability. The Privatixy Protocol is built on an open source framework similar to blockchain technology. The benefits of this cannot be overstated as it encourages a wide range of protocol implementations for the program. An open source system allows for an exponential increase in the protocol’s possible applications and spread.
The value this new blockchain adds to the ecosystem is exciting and can therefore be a smart money move to buy it on pre-sale, where it is incredibly cheap. The pre-sale offers a number of bonuses that you can take advantage of.
When you buy within the first ten minutes of registration on the website, you get 60% extra PXP tokens with your purchase. Your second and third purchases can earn you 50% and 100% respectively. If you make purchases with top cryptocurrencies like BTC, ETH, USDT, BNB, etc., there is an extra 10% bonus. These bonuses can accumulate and you can join the referral program that gives back $40 for every $100 your referee spends. Use the opportunity to build your PXP bags.
