Category: CoinDesk

CoinDesk: Privacy Coin Issuer: Nothing’s Encrypted Until End Points Are Encrypted

Roughly $13 billion is afloat in the privacy coin market, but are holders of these tokens really getting what they’re paying for? That depends. If they’re of the mind that all they have to do is to denominate transactions in Monero or Zcash and nobody could ever trace their path or hack their accounts, then no. If they fully understand that buying and selling with privacy coins is one necessary component – but not the one only component – of a completely anonymous transaction, then yes.