Privacy ≠ Illegal, technology decides how many types of privacy coins there are in the future?
Mainstream categories: 5 major types (covering 95%+ of market value and technical implementation)
Mandatory privacy
Features: Default anonymity across the network, cannot be turned off
Representative coin: Monero (
)
Core technology: Ring signatures + Stealth addresses + RingCT
Optional privacy
Features: Users can toggle privacy mode
Representative coin: Zcash (
)
Core technology: zk-SNARKs zero-knowledge proof
Mixing protocol
Features: Multi-user fund mixing
Representative coin: Dash (
)
Core technology: PrivateSend (CoinJoin)
MimbleWimble
Features: Lightweight blockchain, hides amounts