Untraceable and secure Cryptocurrency 🕵

in #steem7 years ago

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The "TOP 5" Most secure untraceable cryptocurrencies and why you should invest in them.

No.5: Verge (XVG)
Verge is a decentralized currency designed for users who value privacy. It improves upon the original Bitcoin blockchain by using multiple anonymity-centric networks such as Tor and i2p. It utilizes multi-algorithm mining support to improve security and provide equal distribution of coins to miners.
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https://vergecurrency.com

No.4: Bytecoin (BCN)

Bytecoin is the private untraceable cryptocurrency launched in 2012. Bytecoin is the first enterprise-ready solution. Fee-free instant international payments Bytecoin network exists in the Internet and works almost as fast as the Internet itself. Some time is required to process the payment, as it requires cryptographic confirmation. It takes 2 minutes.

Your funds are reliably secure Bytecoin protects users money with the most secure and modern cryptographic algorithms. They are impossible to hack. The hacking attempt itself would require immense amount of expensive electricity and computational power of a supercomputer. You are the only one who can access your wallet.

Your private data is safeBytecoin system ensures that it is totally impossible to get information about your financial operations and wallet balance, unless you decide to reveal those. Only you can manage information that your business partners and third parties will see
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https://bytecoin.org

No.3: Dash (DASH)

Dash (DASH) is an open sourced, privacy-centric digital currency with instant transactions. It allows you to keep your finances private as you make transactions without waits, similar to cash.
Your time is valuable. InstantSend payments confirm in less than a second.
Protect your financial information. PrivateSend ensures your activity history and balances are private.
Security you can count on. Transactions are confirmed by 1,000 Gigahash of X11 ASIC computing power and over 4,100 servers hosted around the world.
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https://www.dash.org

No.2: Zcash (ZEC)
Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography.

Zcash is pioneering the use of zero-knowledge proofs, applying cutting-edge cryptography to blockchain technology. Zero-knowledge proofs allow fully encrypted transactions to be confirmed as valid. This new property will enable entire new classes of blockchain applications to be built.

In the pre-digital currency world, both individuals and enterprises could justifibly assume that their financial transactions would be kept confidential. With Zcash, users can enjoy the advantages of using a public blockchain, while still being sure that their private information is protected.
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https://z.cash

No.1: MONERO (XMR)
Monero is a secure, private, untraceable currency. It is open-source and freely available to all. With Monero, you are your own bank. Only you control and are responsible for your funds, and your accounts and transactions are kept private from prying eyes. Monero is based on the CryptoNote protocol and possesses significant algorithmic differences relating to blockchain obfuscation.
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http://monero.org

These 5 cryptocurrencies in my opinion will all dramatically increase in value over the coming months and years due to their ability to deliver truly anonymous transactions, which to some people is very important.
This was the reason behind Bitcoin being popular in the first place yet Bitcoin is actually not untraceable at all.
The Dark Web is where most cryptocurrencies are currently spent and this is where people need privacy the most. And like it or not the Dark Web ain't going anywhere.!

(All information sourced directly from coinspot, or the website of each cryptocurrency.)
https://www.coinspot.com.au?affiliate=XFKKP
Australian Cryptocurrency Exchange

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Also check my posts for my opinion on which cryptocurrencies to invest in 💸

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nice read man. Come check my blogs out. I just started and have 2 crypto currency articles you may enjoy. @alt.life

Thanks for the comments, I'll check you out 😎

Got my money in dash and monero

? What about CLOAK ???

Cloak is also a great privacy coin, but this was just a top 5 😎 cheers cpalawyer

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Very good post. I was about to start a similair discussion. I strongly advice people to only buy in to cryptos that have a solid background: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background. It's a waiste of money. An interesting website I found: https://www.coincheckup.com. I'm really happy with this site that gives complete coin analysis for every single crypto.

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