Is cryptocurrency anonymous?

The short answer is no, most cryptocurrency isn’t anonymous, although there are a few exceptions we’ll get into later. Instead, most cryptocurrency is pseudonymous, or replacing your name with a fake one.

How anonymous is bitcoin?

Cryptocurrency, and Bitcoin especially, has a reputation for being a completely anonymous form of payment, free from tracking and interference. However, if you look a little closer, you’ll see that these digital currencies reveal a lot more information about you than you might think.

What are the most undervalued anonymous cryptocurrencies?

Developed in 2014, NAVcoin is, without a doubt, one of the most undervalued anonymous cryptocurrencies in the crypto world. Despite the fact that it is not as popular as other coins that enhance cryptocurrency anonymity like Monero and Zcash, NAVcoin has stood the test of time and is slowly gaining traction.

How does verge become an anonymous cryptocurrency?

Verge has adopted a different approach as compared to others to become private and anonymous. Unlike its many peers, it doesn’t use cryptography as much to become an anonymous cryptocurrency. Instead, they use Tor and I2P network to achieve their goals.