Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: Lynks on April 22, 2019, 06:41:40 AM
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The internet has made people personal data and activities available at will, no secrecy, no PRIVACY anymore. The birth of blockchain comes with the vision of ensuring that internet users can maintain privacy in terms of personal data, transactions and other sensitive information. But with recent demand of KYC documents on every blockchain project and exposure of individual personal transaction and details it seems as if the long term vision of blockchain as being a technology that will aid anonymous transaction is being tempered with.
It now boils down to a special type of coin known as the privacy coin to ensure that privacy and anonymity of its users is preserved. We have varrious privacy coin, some with new cutting edge technology like veil, which of the many privacy coin do you think can maintain the privacy and anonymity value of blockchain technology.
Lets hear your views
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The internet has made people personal data and activities available at will, no secrecy, no PRIVACY anymore. The birth of blockchain comes with the vision of ensuring that internet users can maintain privacy in terms of personal data, transactions and other sensitive information. But with recent demand of KYC documents on every blockchain project and exposure of individual personal transaction and details it seems as if the long term vision of blockchain as being a technology that will aid anonymous transaction is being tempered with.
It now boils down to a special type of coin known as the privacy coin to ensure that privacy and anonymity of its users is preserved. We have varrious privacy coin, some with new cutting edge technology like veil, which of the many privacy coin do you think can maintain the privacy and anonymity value of blockchain technology.
Lets hear your views
I really can't say muchon privacy coins. For now I don't think it posses any threat to the government reasons why that have not said anything about it yet so for now I think it's good
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The birth of the internet has been a blessing and likewise a cause as people's personal data are been exposed and used without their consent and this has brought fear of insecurity to investors
Privacy coin like VEIL has come to ensure anonymity of personal data through the support it has from RINGCT as well as Zerocoin that stands for privacy by providing uncompromised security and making sure the investors are secure no matter what goes on in the ecosystem