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Edward snowden, revealed its contribution in the creation of Zcash
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[QUOTE="Flow-er, post: 242805, member: 71012"] The privacy coin is a coin that is used in the cryptocurrency market to hide transactions because the transaction that is done mostly in the cryptocurrency market is recorded on the blockchain but if you want a highly secrecy transaction, then you may have to go with the privacy coin. It is not that the transaction done with cryptocurrencies are not private, it is indeed private because it is a decentralized transaction that could only be a self executed but in the case of the privacy coins , this transaction keys will be hidden from the blockchain and will be highly private and it cannot be accessible by anyone on the blockchain. That is why it is called a privacy coin. This coin is mostly used by the government officials just like what you made mention of, because the government are known for secrecy transactions or highly confidential transactions so this private coin could serve in this capacity. The use of the Zcash is not that popular like the other cryptocurrency but they are used specifically by special organisation that are known for confidential transactions. This is why the privacy coin isnmotnso popular like other cryptocurrencies in the crypto market. [/QUOTE]
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Edward snowden, revealed its contribution in the creation of Zcash
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