Monero vs Bitcoin Private: Who won for privacy war? by steemitraj

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· @steemitraj ·
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Monero vs Bitcoin Private: Who won for privacy war?
![707e6eeb9c9f98127da91f6e94cf62c0.jpg](https://steemitimages.com/DQmc9wYSZTTEZxyu2zj48X6CSXRXhLLBBVJW8BNMtjTqKLX/707e6eeb9c9f98127da91f6e94cf62c0.jpg)We compare two anonymous crypto-coins between the most important parameters and define the leader.

You've probably heard more than once that Bitcoin (Bitcoin) is not too anonymous. The curiosity of its blocking system is that any transaction can easily be tracked. This applies to most other crypto-coins. The reason for the concerns of all those who believe financial transactions will be confidential is because of this.

Many cryptocurrency is not trying to solve this problem - from Spectrecoin to Binance and Cloakcoin (ICO since 500 times rise), the last list of April. Today many anonymous digital currencies, but the special place among them is Monero.

In 2014, Monero was created as a safer alternative to Bitcoin. This is the currency of the largest anonymous crypto currency market by capital and reddit and other social platform community activity. Monero brought the idea of โ€‹โ€‹creating a new level secret crypto coin.

Like any great idea, Monero became ancestor in a complete direction. You probably already hear such dash, wet and zcash such anonymous anonymous crypto-coins. Recently they have a new competitor, Bitcoin is itself apart, Bitcoin is private.

What is Bitcoin Personal?
Bitcoin Private (BTCP) is a branch of Job Classic and Bitcoin. New crypto currency-protected digital currencies can make Monero a serious competition in the market.

It is known that the name increases the interest in the crypto currency by mentioning the word Bitcoin. At the right time, Bitcoin Cash, Bitcoin Gold and Bitcoin Diamonds were used for this. However, Bitcoin was the first anonymous crypto coin made on the basis of private bitaxes.

The probability of a crypto currency market can be estimated by three parameters:

User base
Engineering
Community
Let's see how Bitcoin belongs to the current market leader Monero.

Who Win Bitcoin Private vs Monero Wars
User base
Monero has a large and active user base. Many of them constantly extract, exchange and save the crypto currency. However, the same can be said about Bitcoin private.

The result of the hard branch of Bitcoin and ZClassic appears primitive. So, Zquassic and Bitcoin Holder received Bitcoin personal in the ratio 1: 1 Now, while making Bitcoin's private, the junkies and bitcoins each had their bit too similar in size to Bitcoin Pvt. This huge number of people!

Increasing use of crypto currency, increased trading volume, greater fame and increased feasibility for long-term growth. The original generation of Bitcoin Private is one of the most common crypto-coins in it.

Engineering
Monero and Bitcoin use different technologies to ensure the privacy of personal transactions, but one of them actually crosses the other

Monero ring is based on the signature. Ring signature protection is a long known method, transferred to the crypto currency. Transactions are hidden once using hidden address. The procedure works fine until other branches of the crypto start from the Monero branch. On 4 April Monero was divided into four different projects.

Monero branches encountered serious doubts about the reliability of the ring symbol system. Because the encryption of the ring signature transaction is encrypted and then it can be stored in the lockbox as a public key, resulting in the infringement of the branch could be violated. Imagine a certain person, let him call Tommy, put some XMR in his wallet. After the branch, the team will get a new crypto currency in the appropriate proportion. So, he will have monero and ink coins in his wallets.

When the team will spend a new crypto currency, a public key will be created that will be encrypted and placed in its locker. If Tom now expires XMR from his wallet, then the same key will be created and recorded in the Menro blockbuster.

When compared to the public keys of both lockers, you can track team transactions with XMR and new crypto currency. This is a serious weakness associated with Monero branch. The development team is not responsible for it, but so far it can not help.

Bitcoin uses private Jack -Sarker technology, inherited from zedalics. In this case, the symptoms "zk" stands for "zero sense". Before talking about the advantages of Zk-SNARKS, it is important to mention that there are some aspects of ring signatures. However, it is a very promising technology for closed transactions.

Emphasis of zero-expression of Bitcoin Private is very different from Monroe's ring signature. Zk-SNARKS supports the transaction's privacy, it encrypts server blocks, instead of typing keys on it.

Cryptography This form not only confirms the sender and recipient's identity, but all the transactions in metadata.

Zk-SNARKS can not be said to be more secure than ring signatures. However, a lot of recent proponents of Monero have doubts the credibility of his work algorithm. Thus, at the moment Bitcoin has exceeded Private Monero's privacy

Community
Monero was always a connecting community, but recent crocodile inflicted some harm on her.

In a short time, a large number of branches indicate that many developers do not agree with the project's goal. Separate each thorn community and deprive many talented developers of crypto coins.

Bitcoin Private has recently emerged, but it has already formed a strong (though small) community

Bitcoin is not negatively mentioned in the private media, growing its presence on Twitter and Redtitimes. Bitcoin owners discover Bitcoin privator benefits, Bitcoin popularity and community growth.

Bitcoin is a great choice for fans of private anonymous crypto currency. Everything can go according to the scenario similar to wet. The thorn is an anonymous crypto coin, whose popularity has increased incredibly rapidly. If Menoro really dominates the Anonymous crypto currency market, it did not happen.

Conclusion: Bitcoin personal attention really paid attention
We outline all the factors that Bitcoin Private Monero may exceed and turned the most popular anonymous crypto currency.

Bitcoin Private is based on more reliable technology than the Menoro technology, it is a broad user base, a growing community and serious position on the leader's position.

Want to say that Bitcoin Private Monero is notable in the near future, however those who are interested in anonymous cryptocurrency definitely should not pay attention to it.
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@coin.info ·
**Coins mentioned in post:**

Coin | | Price (USD) | ๐Ÿ“‰ 24h | ๐Ÿ“‰ 7d
- | - | - | - | -
**BTC** | Bitcoin | 9107.260$ | _-2.79%_ | _-0.21%_
**BTCP** | Bitcoin Private | 26.596$ | _-5.71%_ | _-31.59%_
**XMR** | Monero | 218.931$ | _-5.35%_ | _-10.24%_
**ZCL** | ZClassic | 15.897$ | _-17.23%_ | _-31.05%_
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re-steemitraj-monero-vs-bitcoin-private-who-won-for-privacy-war-20180510t100804532z
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