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What Are Privacy Coins?

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Privacy coins are a cryptocurrency that allows users to remain anonymous while using blockchain. Identity of the user and the source of transactions are protected completely. With these coins, senders and recipients are able to remain anonymous with different levels privacy like hidden wallet addresses or transaction balances. With best privacy coins payments, transactions actually remain confidential. Is Bitcoin really private? Privacy coins elevate the anonymity and privacy ethos of Bitcoin to a new level. When you are familiar with privacy coins, you'll see that Bitcoin isn't really so private after all. Many newcomers to cryptocurrency think that Bitcoin transactions are anonymous. They are pseudo-anonymous, however. Bitcoin is a security measure that protects certain data, but not all. Anybody who understands the technical aspects of how Bitcoin transactions work , and also the way that blockchain works is able to trace the transactions. Privacy-focused Cr