to be confirmed a clear advantage for retail like scenarios. As data analysis firms started de-anonymizing Bitcoin users, privacy oriented coins became all the more appealing. This can make a percentage of Bitcoins unspendable, which is not ideal for a digital representation of cash. Hash Algorithm, cryptoNight, sHA-256, average Block Time 2 Minutes 10 Minutes, max Total Coins 18,300,000 21,000,000.
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With SegWit now activated, these innovations can be deployed. Its becoming harder to upgrade and add new features to the protocol making it resistant to new innovations and technologies. This obscures who the actual sender was. Hot on its heels are other privacy focused coins, like Dash, Zcash, pivx and Verge among others. Fungible simply means that you cant tell apart one coin from the next. Monero saw incredible growth in 2016, where it was the best performing crypto for the year.
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