[ad_1]
Monero and Zcash are the two coins that set the standard for privacy in the cryptography industry.
There are many other platforms that have not been able to offer the kind of privacy that these two coins can offer.
This can be seen as an advantage but also as a drawback mainly due to cybercriminals who have found various ways in which they can benefit from the privacy offered by these two tokens.
In 2018, Charlie Lee addressed the topic during the Money 2020 conference.
The developer of Litecoin has addressed the way in which Litecoin was developed, stating that it was inspired by Bitcoin in 2011.
He said that the criptos are better than any other form of money that has been developed from the beginning of money as a concept.
Feasibility, a key concept
He said that fungibility is probably the most important reason why privacy should be present in all aspects of the crypt.
He said that Bitcoin is not as fungible as Monero, for example. The reason is that transactions on the BTC network can be traced back to the origin.
The Wallet addresses used to perform illegal and shaded BTC transactions can be included in the blacklist to prevent any operation in the future.
With Monero, this concept does not exist because a third party can not look up the history of transactions on the network.
"Currently, altcoins such as XMR, ZEC and XZT are taking a lead role in pursuing privacy-related innovations, and innovative technology is changing gaming in the blockchain industry."
The latest forecasts on the prices of Monero
Monero's (XMR) price forecasts for this year and beyond seem more than optimistic.
The forecast for 2019 is about $ 650, and for five years from now, the forecast is $ 2,000, writes Smartereum.
The main reason why such audacious appreciation is not exaggerated is that the currency is totally anonymous and this means that it maintains the very principle of cryptocurrencies in general.
