Privacy coins are cryptocurrencies designed to protect users’ transaction information from prying eyes and prevent devastating hacker attacks. Artificial intelligence coins, another category of Blockchain-based technology products, are used to automate and transform their operations. In this article, let’s list the best projects in these areas from analyst Will Izuchukwu’s list.
Here are the best privacy coins to watch in 2022
Dero (DERO)
Dero is the first cryptocurrency project to feature a DAG block structure, PoW Blockchain, and anonymous transactions. Like Monero (XMR) or Z-Cash (ZEC), it currently aims to make its way into the privacy coins category. Unlike traditional Blockchains, Dero views the transaction as the lowest unit of computing, rather than the block. Therefore, duplicate or double spend transactions are possible in Dero blocks. But the client protocol filters them and the network ignores them.
Verge (XVG)
Verge is Blockchain that prioritizes privacy and provides a fast, efficient, decentralized payment network. In addition, it offers the possibility of transacting to confidential addresses. Previously, it integrated the anonymity network Tor into its wallet, known as VergePay. The project says it is community-driven and depends on volunteers. Additionally, The Verge powers trusted P2P cross-Blockchain transactions using atomic swaps.
Pirate Chain (ARRR)
Pirate (ARRR) claims to be 100% private send cryptocurrency. It also offers optional features like many other “privacy” coins. P2P transactions are protected by ZK-Snarks technology (zero knowledge cryptography). According to the development team, it has produced the largest pool of protected private funds of any privacy coin.
MobileCoin (MOB)
MobileCoin is a security-focused cryptocurrency designed for everyday transactions. Security, transaction speed, energy consumption and mobile device optimization are the four key challenges that MobileCoin solves. The sender and receiver are the only parties who can see the details of the transaction. The public blockchain is encrypted to ensure security. MobileCoin is a cryptocurrency designed to be fast and secure for mobile transactions.
Some of the world’s most secure messaging apps currently accept payments using MobileCoin. With the speed and security expected of a payment system, MobileCoin is built for functionality on mobile devices and desktop as well.
Status (SNT)
Status is classified as a decentralized browser, mobile and desktop operating system and messaging system. As a result, it facilitates remote communication with a network at any time. Users can access all Ethereum dApps decentralized applications such as cryptocurrency wallet. They can also send encrypted messages; using an app downloaded to their smartphone or tablet. The purpose of Status networks is to provide a fully decentralized communication platform that can over time eliminate third parties and reduce attack vectors for hostile actors.
The best AI projects for October 2022
Raze Network (RAZE)
Raze Network is an EVM-compliant privacy protocol. The entire DeFi and Web3.0 stack can benefit from end-to-end anonymity as it is designed as a native layer of privacy. It also provides multi-chain payment and platforms that protect privacy. Using RAZE, users can ensure the privacy of on-chain transactions between recipient and destination addresses. They can transfer any token between any Blockchain.
UnMarshal (MARSH)
Unmarshal is a multi-chain data infrastructure that offers streamlined access to DeFi, NFT and Metaverse related information. It is also a standalone protocol that collects configurable data for DeFi applications using a network of Blockchain directories. Unmarshal was developed in partnership with Binance Smart Chain, Polkadot Network and Solana to revive data dissemination, interpretation and collection to drive the DeFi economy.
A cutting-edge technology that seeks to transform unstructured, raw Blockchain data into meaningful format to make it easy to integrate real-time Blockchain data into decentralized applications and unlock the potential of dApps.
Graphlinq Protocol (GLQ)
GraphLinq includes an IDE and engine that enables process automation without coding knowledge. The platform offers a variety of templates and live drag and drop plugins. Everything related to Blockchain can be automated using the Graphlinq Protocol. This is true even if users want to receive data from a decentralized or centralized stream and transmit it to Telegram, Webhook, Discord etc. or if they want to build a trading bot based on some indicators.
Cindicator (CND)
Cindicator creates predictive analytics by combining machine learning with collective intelligence models. An example of the questions handled by Cindicator’s Hybrid Intelligence is “How likely is it that VeChain (VET/BTC) will increase by 10% in a given period?”. This is done in order to let the user know exactly when to enter and exit a trade. If possible, the platform displays the resulting indicator on a real-time price chart. So users can change this using their research.
Thousands of traders are already using indicators to improve their tactics. Artificial intelligence evaluates analyst data every day to produce 70% accurate market forecasts.
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