Privacy has been a narrative that has been evolving in the cryptocurrency world for over a decade. Bytecoin, the first privacy coin, entered the market in 2012! Still, privacy coins are still thriving today. Crypto Radahn, crypto expert on the Altcoinbuzz team, identified the top 4 privacy coins for the upcoming bull run.
Oasis Network (ROSE) is in first place
ROSE ranks first in the list of best privacy coins. ROSE is the native token of the Oasis network. A privacy-enabled, Layer-1 (L1) EVM-compatible Blockchain. Moreover, the developers built it using Cosmos SDK. Two main components support the Oasis network. The first is the Consensus layer. Here, Proof-of-Stake (PoS) consensus enables the network to scale and support a high throughput. Second, the Paratime layer. This layer contains more than one Paratime. Each Paratime is unique and can be shaped to serve a specific use case.
The ROSE token has various use cases. So what makes ROSE one of the best privacy coins? We love that hundreds of Decentralized Applications (dApps) are built on its network. Additionally, there is a grant program and an ecosystem fund. There is an opportunity to grow the ecosystem by encouraging developers. In turn, more users will turn to Oasis. This will naturally increase the demand for ROSE.
Second ranked privacy coin: Aleph Zero (AZERO)
AZERO is the native token of Aleph Zero. In summary, it is a fast, scalable and privacy-focused L1 blockchain. Similar to Oasis, Aleph Zero also uses PoS consensus. Aleph Zero uses Zero Knowledge (ZK) technology to enhance privacy features. AZERO token has many uses.
In our opinion, Aleph Zero is a great privacy coin. He established many partnerships. With these, the Aleph Zero ecosystem can grow and evolve. For example, the post above details the partnership with Deutsche Telekom. Such partnerships increase Aleph Zero’s legitimacy and potential.
Ator Protocol (ATOR) comes in third place
Next on our list of the best privacy coins is ATOR. ATor Protocol’s native token. ATOR aims to enable decentralized internet relays. It encourages relay operators to do this. This way, more open and private protocols can evolve with hardware. With more relays around the world, networks are becoming more secure and decentralized. Of course, the ATOR token has its uses.
We like what the ATOR protocol is trying to achieve here. The team is working hard to bring the hardware solution to its target audience. We’re excited to see what ATOR will bring to the table soon.
Last ranked privacy coin: 0X0.ai (0X0)
0X0 for the last of the best privacy coins. This is the native token of the 0x0.ai project. In short, 0x0 offers a privacy solution for smart contracts. To do this, it uses a number of artificial intelligence tools. The team also plans to release an Anti-Rug AI solution and an AI Developer Center soon. With these tools, both users and developers in DeFi can explore and create with peace of mind.
In addition, the 0X0 token allows its holders to receive a share of the fees generated from the 0x0.ai project. It is possible to earn a return by simply holding the 0X0 token, which is the privacy coin, in your wallet. That’s what we love about the project! By holding 0X0 you are rewarded as a loyal supporter of the project.
The opinions and predictions in the article belong to the expert and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.
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