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Privacy Coins Must Change to Survive as Delistings Loom

bitcoinist.com

In general, traders that send anonymous coins to exchanges have to de-anonymize them so that they can be added to the balance of their account. Instead of displacing Bitcoin (BTC), coins with anonymous features failed to gain the acceptance they had envisioned.

Bytecoin (BCN), an earlier anonymous coin that gave rise to the Monero project, was also delisted from most exchanges after scandals with the founding team and high volatility. In the best-case scenario, anonymous coins will have to be used as regular, non-anonymous crypto assets.

Read in Full: bitcoinist.com
Bitcoin BTC
$ 64084
Bitcoin XMR
$ 118.7

Timeline of Bitcoin, Bytecoin-bcn, Monero

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Bitcoin Bitcoin
64069.4000 -4.11%
Ethereum Ethereum
3139.13000 -3.63%
BNB BNB
607.191000 -0.24%
Solana Solana
146.449000 -7.53%
XRP XRP
0.52290000 -4.57%