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dead coin

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Redirected from: privacy-centric cryptocurrency

Definition: privacy coin

A cryptocurrency that is known for its privacy features. With Bitcoin, sender and recipient addresses are encrypted, but the transaction is public. Privacy cryptos such as Monero and Zcash hide everything. Verge uses onion routing (see Tor), and Dash (digital cash), which is a fork of Bitcoin, mixes transactions together. See Monero, Dash and Zcash.