Bitcoin Confidential

Bitcoin Confidential

BC
$0.000282534

Key Metrics

Price$0.000282534
Real Volume (24H)$0
MarketcapN/A
Fully Diluted ValuationN/A
ATH$0.00389949
ATH Date6/8/2019, 11:26:25 AM
ATL$0.000000858847
ATL Date1/15/2020, 11:09:17 AM
Circulating Supply9.6B
Total Supply9.6B
WebsiteN/A
WhitepaperN/A
Popularity Rank6517
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What is Bitcoin Confidential?

Bitcoin Confidential (BC) is a unique and innovative cryptocurrency that aims to prioritize privacy in all transactions. It is a self-funded project that operates on the Proof of Stake consensus mechanism, making it a more environmentally friendly option compared to Proof of Work coins.

One of the standout features of Bitcoin Confidential is the use of Ring Signatures for every outgoing transaction. This makes it almost impossible to trace the transaction back to the original sender, providing a high level of anonymity and privacy. Additionally, cold staking allows users to stake their coins without having to expose their funds online, which is a significant security advantage.

Another benefit of Bitcoin Confidential is the faster block processing time. With a 1-minute block time, transactions can be confirmed much more quickly than older cryptocurrencies, which can take several minutes or even hours to process.

To further enhance privacy and security, Bitcoin Confidential also offers a message field on every transaction. This option enables the receiver to confirm the sender or order ID, providing an extra layer of verification for both parties.

Overall, Bitcoin Confidential is a compelling option for those who value privacy and security in their cryptocurrency transactions. Its unique features and commitment to privacy make it a standout project in the ever-growing world of digital currencies.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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