Privacy coins and the blockchain : are ZCash, Dash and Monero really private? | CryptoInMontreal #22

Should we be concerned about our financial privacy when transacting in crypto? There is a popular misconception that transactions in Bitcoin network are private, anonymous, and untraceable. Yet it is not true. Transactions with Bitcoin and most cryptocurrencies are pseudonymous and fully traceable. This creates problems for individuals concerned about their financial privacy and limits the utilization of the blockchain for businesses. To address this issue a few cryptocurrencies, commonly called “privacy coins” were created. But are they truly private, decentralized and fungible? This presentation is given by Tamara Kara. She is a Certified Bitcoin and Fintech Professional and has spent 10+ years developing business, managing projects, and consulting tech companies. ► AGENDA What is financial privacy? Privacy and anonymity of transactions on the open blockchain Coin as a chain of transactions. Immutability and traceability of transactions What is fungibility and how is it related to privacy? Fungible vs non-fungible tokens. Bitcoin’s fungibility problem The rise of privacy-focused coins. Are they really private and decentralized? Overview and comparison of privacy coins: Zcash, Dash, Monero Privacy-focused wallets: Samourai Wallet Financial privacy for businesses: Is closed blockchain the solution? ► OFFICIAL WEBSITE https://pascalandy.com/blog/tag/cryptoinmontreal/ ► EVENT DETAILS 20th event of #CryptoInMontreal https://pascalandy.com/blog/cryptoinmontreal-20/