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Anoncoin (ANC)

$ 0.031510000000000000

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Description

Anoncoin (ANC) is a peer-to-peer digital currency based on the CryptoNote protocol that provides more privacy and anonymity than Bitcoin. It was launched in June 2013 and is the first CryptoNote-based cryptocurrency. It is designed to allow users complete control and privacy of their funds and transactions. Anoncoin was founded by "Jeezy" and "Meeh", two unknown developers and members of the anonymous hacker collective, Anonymous. The developers released the source code of Anoncoin as a proof-of-work (PoW) cryptocurrency and made it available on Github. What makes Anoncoin unique is that it is one of the few cryptocurrencies to provide true anonymity and privacy. Anoncoin utilizes a cryptocurrency protocol called CryptoNote which makes it almost untraceable. All the transactions and balances are hidden using ring signatures which make it difficult to identify the sender and receiver. This also makes it harder for users to be targeted for large transfers. Anoncoin can be used for a variety of purposes such as online purchases, sending money to friends, and international payments. It can also be used to purchase goods and services from merchants accepting Anoncoin payments. The anonymity of Anoncoin makes it more suitable for online purchases than other cryptocurrencies such as Bitcoin. Anoncoin can be bought and sold on various online exchanges, including Bleutrade, Cryptopia, and LiteBit. It can also be purchased directly from other users through person-to-person marketplaces. Overall, Anoncoin is an interesting altcoin that is unique in its ability to provide greater anonymity and privacy than other cryptocurrencies. It is becoming increasingly popular amongst those seeking more privacy with their transactions and is expanding in use. Comment #1: I think Anoncoin is a great alternative to Bitcoin because it provides greater anonymity and privacy. It seems like a great option for international payments and online purchases. Comment #2 I think Anoncoin is a great option for those who place a higher value on privacy with their transactions. It's good to see that there are more options for users to choose from.