Anoncoin Review: Privacy Coin
Anoncoin (ANC) is a digital cryptocurrency, created in June 2013 as a fork of Bitcoin, with the focus on privacy and anonymity of its users. The software’s main feature is the built-in support for two decentralised networks (I2P Darknet and Tor), thanks to which it is impossible to determine the IP address of the user making a transaction. To enhance the user’s anonymity even further, the Anoncoin developers plan to implement a new feature called “Zerocoin”, which will allow users to make untraceable and unlinkable transactions. With I2P, Tor and Zerocoin, Anoncoin will provide one of the most anonymous cryptocurrencies on the market. As with most cryptocoins, the project’s computing network is maintained by “miners”, running the Anoncoin software, who generate new coins by processing transactions into blocks.
The goal of Anoncoin (ANC) is to be utilized on dark net. Its logo is centered on anonymous movement and similar to Darkcoin, its major purpose is to boost its user’s privacy.
This is a script-based crypto coin forked off the unique lite coin code. It is characterized by an exclusive block time of 222 seconds and is also characterized by a difficulty that reads on each 389 blocks.
Benefits of using AnonCoin (ANC)
Anoncoin and in extension cryptocurrencies make the transfer of funds from one party to the next an easier and a simpler task. These exchanges are facilitated by using private and public keys as well for purposes of security. The transfer of these funds is undertaken with small processing fees enabling the users to avoid the hefty fees as most financial institutions and banks generally charge to wire transfers.
Growth of AnonCoin over time:
Anoncoin (ANC) price, charts, market cap, and other metrics | CryptoCurrency Market Capitalizations
This coin is a must have guys, check it out
Click here for more info:Anoncoin | privacy-centric currency
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