In this post (https://steemit.com/bitcoin/@denizcanguler/what-is-a-privacy-coin), I tried to explain privacy coins. Today, I will introduce 4 undervalued privacy coins.
1-Ryo Currency (RYO)
“Ryo, as a fork from Monero which itself was initially based on the CryptoNote protocol, inherits all whitepapers and academic studies from CryptoNote and Monero Research Lab. Ryo was conceived with the highest levels of privacy in mind. As privacy is the core foundation of Ryo, sending and receiving addresses are encrypted and transaction amounts are obfuscated by default.”
2- Dero (DERO)
“Dero is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and wholly anonymous transactions. The fully distributed ledger processes transactions with a twelve-second average block time and is secure against majority hashrate attacks. Dero will be the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains.”
3- Veronite (XVV)
“Veronite is a multitude of platforms brought together to initiate a unique online experience to enhance the lives of crypto currency adopters. Veronite combines real world applications that can potentially alter a person’s life for the better.Veronite aims to be a leading online platform where ideas can be exchanged, passions can be expressed, investments can be sought and purchases can be made.”
4- Loki (LOKI)
“Loki provides the means to transact and communicate privately and anonymously, using the decentralised nature of blockchain technology to create new methods of interacting with the internet. The Loki cryptocurrency creates a network of Service Nodes who are paid to propagate the blockchain, process transactions, and route traffic and messages on Lokinet.”
Sources:
https://veronite.space/whitepaper/
https://loki.network/
https://ryo-currency.com/
https://dero.io/
https://www.coinmey.com/
https://www.coinblogger.org/