Which blockchain platform focuses on providing privacy and anonymity by using technologies like confidential transactions and ring signatures? Skip to main content

Which blockchain platform focuses on providing privacy and anonymity by using technologies like confidential transactions and ring signatures?


Question: Which blockchain platform focuses on providing privacy and anonymity by using technologies like confidential transactions and ring signatures?

One blockchain platform that focuses on providing privacy and anonymity by using technologies like confidential transactions and ring signatures is Monero¹. Monero is a decentralized cryptocurrency that aims to be untraceable, unlinkable, and fungible². Monero uses ring signatures to hide the identity of the sender and the origin of the funds³. Monero also uses confidential transactions to hide the amount of the transaction⁴. These technologies make Monero transactions more private and secure than other cryptocurrencies.

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