Privacy coins
Privacy coins are cryptocurrencies which offer a higher level of anonymous blockchain transactions, thus making the currency even less traceable than “normal” cryptocurrencies. The higher level of anonymity can be achieved, for instance, by concealing details about user addresses from third parties, such as information relating to the balance and the source of origin of the coins. This contrasts with how “normal” cryptocurrencies work where anyone can see the balance of an address, as well as transactions between addresses. However, some coins, like Monero, are private by design.
