QTC, A RISING STAR IN PRIVACY COINS
Privacy and privacy protection form the cornerstone of the modern economy. This is especially true for blockchain technology, which was born at the beginning of Bitcoin.

Has an anonymous feature. So far, well-known privacy projects such as Monero, ZEC, and DASH have emerged. The independent public chain QTC has also announced the addition of zero-knowledge proof privacy technology to empower ecological upgrades.

1. The principle and logic of privacy coins
Take Bitcoin transactions as an example.

There are several elements that are essential when a payment is made to a recipient to conduct a transaction. These elements include the IP address of the payer, the amount of bitcoin paid, and the address of the recipient. As a participant in the blockchain, this information can be beneficial. For example, through the change of IP address, it is possible to roughly guess the flow of Bitcoin, and thus analyze the future trend of Bitcoin.

But as the counterparty, whether it is the payer or the receiver, such data exposure brings another side. The reason is very simple. The private data of the counterparty is exposed to the public. What’s more, the exposure of IP addresses may attract hackers, unidentified asset occupiers, and even personal safety.

This provides opportunities for privacy coins represented by Monero. Through specific processing technology, the privacy project successfully hides key data such as IP addresses, transaction paths, and transaction quantities for transaction users, so that the privacy of both parties to the transaction is well protected. As a result, privacy coins have gained the favor of transaction users and ushered in more and more crowds.