Private coins are cryptocurrencies designed with a focus on the privacy and anonymity of transactions. Unlike most public blockchains, where all transactions are transparent, private coins use various cryptographic methods (such as ring signatures or zero-knowledge proofs) to conceal the sender, recipient, or amount of the transaction.

Examples: Monero (XMR) and Zcash (ZEC).

Application: Ideal for those who value complete confidentiality in their financial operations.

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