Privacy Coins: The HOTTEST Projects for 2021!!

Thanks! Share it with your friends!

URL

You disliked this video. Thanks for the feedback!

Sorry, only registred users can create playlists.


Privacy Coins: The HOTTEST Projects for 2021!!

Watch Coin Bureau Video: Privacy Coins: The HOTTEST Projects for 2021!!. 🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/
💳 20% Binance Discount 👉 https://guy.coinbureau.com/binance/
👕 My Merch Store 👉 https://store.coinbureau.com
🛒 Best Crypto Deals 👉 https://guy.coinbureau.com/deals/
📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/

~~~

📺Essential Videos📺

Kusama Cryptocurrency Explained 👉 https://youtu.be/mNSuvYaJ2Vg
Best Privacy Cryptocurrencies 👉 https://youtu.be/sgmvsB1omx0
Cosmos Cryptocurrency Explained 👉 https://youtu.be/x1gnWnyxLNE

~~~

- TIMESTAMPS -
0:00 Intro
2:22 What's Secret Network?
4:19 How Does Secret Network Work?
6:14 SCRT Tokenomics
9:03 Secret Network Potential
11:20 What's Tornado Cash?
13:16 How Does Tornado Cash Work?
15:07 TORN Tokenomics
16:40 Tornado Cash Potential
21:03 Outro

~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► Enigma Cryptocurrency Explained: https://www.coinbureau.com/review/overview-enigma-secret-contract-cryptocurrency/
► Secret Network Blockchain Explorer: https://secretnodes.com/secret/chains/secret-2
► Keplr Browser Wallet: https://chrome.google.com/webstore/detail/keplr/dmkamcknogkgcdfhhbddcghachkejeap?hl=en
► Secret Ethereum Bridge & SecretSwap AMM: https://bridge.scrt.network/swap#Swap
► How Tornado Cash Works In Detail: https://tornado-cash.medium.com/introducing-private-transactions-on-ethereum-now-42ee915babe0
► Tornado Cash App: https://app.tornado.cash/
► Tornado Cash Privacy Tips: https://tornado-cash.medium.com/how-to-stay-anonymous-with-tornado-cash-and-similar-solutions-efdecdbd7d37
► TORN Token Details: https://tornado-cash.medium.com/tornado-cash-governance-proposal-a55c5c7d0703

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

🤫What is Secret Network?🤫

Secret Network is the first cryptocurrency blockchain to offer privacy preserving smart contracts called ‘secret contracts’.

However, Secret Network’s native SCRT coin is *not* a privacy coin. Only the Secret Tokens used in the smart contracts preserve user privacy. Viewing keys make it possible to be compliant with regulations.

🛠How Does Secret Network Work?🛠

Secret Network was built using the Cosmos SDK. It uses Tendermint, which is a byzantine fault tolerant delegated proof of stake consensus mechanism

Secret Contracts on Secret Network achieve privacy by running inside trusted execution environments or TEEs. These function like a black box wherein computations can be performed on encrypted data

💰SCRT Tokenomics 💰

Enigma token holders were given the option to burn ENG on Ethereum to mint an equivalent amount of SCRT on Secret

While only 115 million ENG were burned, Secret Network minted an additional 45 million SCRT to fund various elements of the network.

📊Secret Network Potential📊

Secret Network already has a long laundry list of desired DeFi protocols including synthetic assets, lending, borrowing, and automated yield protocols like yearn finance

The Secret Ethereum bridge already has over 50 million dollars of Ethereum assets locked, which is more than a fourth of the market cap of the SCRT coin

🌪What is Tornado Cash?🌪

Tornado Cash is a protocol that makes it possible to send private transactions on Ethereum

🛠How Does Tornado Cash Work?🛠

Ethereum assets are deposited into a smart contract. When this is done, a cryptographic proof (“receipt”) is given to the depositor, which allows them to claim whatever amount of crypto they deposited.

A privacy technology used in Zcash called Zksnarks makes it possible to claim these coins using the proof without revealing which coins were initially deposited to get that proof, thus breaking the connection between sender and recipient

💰TORN Tokenomics💰

TORN is an ERC-20 token that is used to govern the Tornado Cash protocol. There was no ICO for the token

Instead, vouchers to claim the tokens were airdropped to all Ethereum wallet addresses that deposited assets into the protocol prior to December 6th, 2020

This airdrop was designed to ensure an equitable distribution of tokens. The average user received over 23 000$USD in TORN. Only 500 thousand TORN were airdropped and TORN has a max supply of 10 million.

📊Tornado Cash Potential📊

TORN has a very small market cap, and the TVL locked on Tornado Cash suggests it could grow significantly

However, it is unclear whether that TVL is just people farming TORN tokens.
From a supply-demand perspective, there is a lot more supply of TORN that has yet to come on to the market and there is likely not enough demand to meet it

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #SCRT #TORN #TornadoCash #SecretNetwork #Ethereum

Bitcoin and other crypto news, prices and info. Top 10 Crypto Coins to Make You Rich in 2021 (HOTTEST DEFI Projects). The HOTTEST Blockchain Projects to watch in 2021!. Top Privacy Coins in 2021 (Crypto is Our ONLY Hope). Are Privacy Coins UNDERVALUED in Crypto right now? EZ 10x?. Privacy Coins DUMP while Bitcoin and Ethereum PUMP | Bad Investments?. Crypto Prices: Boom Or Bust Soon? | ShapeShift Delists Privacy Coins | Tether Trouble | More News!. Cryptocurrency Explained: How to Get More Privacy on Bitcoin Transactions [Privacy is a Human Right]. Blockchain will be the HOTTEST Skill of 2021!. 5 Hottest New Altcoins in March 2021! Crypto to Buy Now. Hottest Thing In Crypto (NFTs Are All The RAGE in 2021). Top Projects The SEC Will TARGET in 2021 after XRP Lawsuit. Ripple XRP THIS IS BIG!!! TOP NFT PROJECTS TO 10X IN 2021! | Gary Vee.

Show more

Published:
Category: Coin Bureau
6 Views

Related Videos

  • New Top 10 Crypto Coins to Make You Rich in 2021 (HOTTEST DEFI Projects)

    Top 10 Crypto Coins to Make You Rich in 2021 (HOTTEST DEFI Projects)

    by Bitcoin Videos Added 2 Views / 0 Likes

    Ethereum is mooning as we speak. After 2 months of laying dormant, it is once again on the moon. The volume and search trends for ETH is starting to go up. One area of crypto that is the most affected by the Ethereum movements is decentralized Finance. Over the summer of 2020, we saw projects absolutely pump based on their associations with ETH. Then in early 2021, we saw the same thing. There has been a lull recently in the world of defi and it now l

  • The HOTTEST Blockchain Projects to watch in 2021!

    The HOTTEST Blockchain Projects to watch in 2021!

    by Bitcoin Videos Added 4 Views / 0 Likes

    • Become an in-demand blockchain MASTER: https://dappuniversity.com/bootcamp Subscribe to this channel: https://www.youtube.com/channel/UCY0xL8V6NzzFcwzHCgB8orQ?sub_confirmation=1 Instagram: https://instagram.com/dappuniversity/ Twitter: https://twitter.com/DappUniversity Email: gregory@dappuniversity.com Need to hire a blockchain talent? List your job here: https://cryptojobslist.com/hire-blockchain-talent?a=wcd8u

  • Top Privacy Coins in 2021 (Crypto is Our ONLY Hope)

    Top Privacy Coins in 2021 (Crypto is Our ONLY Hope)

    by Bitcoin Videos Added 8 Views / 0 Likes

    2020 is a year that will go down in infamy. the year was absolutely insane, one event after the other, 2021 already has begun with crazy news such as politics going mad, the Social Media crisis with Twitter leading the way by restricting freedom of speech and of course the Parler hack, which has let anyone grab all of Parler's Data. We knew it was coming. But what’s next? The IMF or International Monetary Fund, says they would like to see a great rese

  • Are Privacy Coins UNDERVALUED in Crypto right now? EZ 10x?

    Are Privacy Coins UNDERVALUED in Crypto right now? EZ 10x?

    by Bitcoin Videos Added 6 Views / 0 Likes

    Privacy coins were previously the hottest coins in crypto, but are they still worth buying and using? This cryptocurrency is not only a privacy coin but also allows you to earn passive income with staking and masternodes! Subscribe to VoskCoin - http://voskco.in/Sub​ PIVX the privacy coin with staking and masternodes! https://voskco.in/pivx Compass the Bitcoin mining marketplace - http://voskco.in/compass Privacy coins are a dime a dozen, but PIVX has

  • Privacy Coins DUMP while Bitcoin and Ethereum PUMP | Bad Investments?

    Privacy Coins DUMP while Bitcoin and Ethereum PUMP | Bad Investments?

    by Bitcoin Videos Added 3 Views / 0 Likes

    Privacy coins were previously an incredible investment to make in cryptocurrency, however, privacy coins may be the WORST cryptocurrency investment you could make in 2021. Subscribe to VoskCoin - http://voskco.in/Sub Get $25 for FREE with CryptoCom - https://medium.com/voskcoin/crypto-com-review-50-for-free-58b7287170f4 Monero price plummets after news breaks of XMR being delisted because its a privacy coin. Zcash price somehow decreases even further

  • Crypto Prices: Boom Or Bust Soon? | ShapeShift Delists Privacy Coins | Tether Trouble | More News!

    Crypto Prices: Boom Or Bust Soon? | ShapeShift Delists Privacy Coins | Tether Trouble | More News!

    by Bitcoin Videos Added 4 Views / 0 Likes

    HELPFUL LINKS / SOURCES • (Reddit) Since everyone here is extremely bullish, a word of warning to the many newcomers. Be careful. - https://www.reddit.com/r/CryptoCurrency/comments/js6yg7/since_everyone_here_is_extremely_bullish_a_word/ • Google Trends (Bitcoin/Ethereum) - https://trends.google.com/trends/explore?date=today%205-y&q=bitcoin,ethereum • (Reddit) Feels so got damn good to just sit back and relax. - https://www.reddit.com/r/CryptoCurrency/

  • Cryptocurrency Explained: How to Get More Privacy on Bitcoin Transactions [Privacy is a Human Right]

    Cryptocurrency Explained: How to Get More Privacy on Bitcoin Transactions [Privacy is a Human Right]

    by Bitcoin Videos Added 6 Views / 0 Likes

    In bitcoin, privacy isn't a one and done sort of thing. However, there are simple ways you can increase privacy on your bitcoin transactions right now. Watch this video to learn how. Of course, these ideas apply to other cryptocurrencies and cryptoassets too. Chapters 0:00 What are some of the steps one should take to gain privacy while using bitcoin - from simple to advanced? 0:16 You have to do layered defenses 0:42 How you source your bitcoin in th

  • Blockchain will be the HOTTEST Skill of 2021!

    Blockchain will be the HOTTEST Skill of 2021!

    by Bitcoin Videos Added 4 Views / 0 Likes

    • GET 70% OFF FOR BLACK FRIDAY: https://dappuniversity.com/blackfriday Black Friday is here! This year, instead of splurging on clothes that’ll just go out of style or a gadget that’ll be collecting dust in a month, why not invest in yourself? Now is the perfect time to become a blockchain developer. Blockchain is growing 517% every year. Companies are competing for blockchain devs––which means those developers can demand sky-high rates. I want you to

  • 5 Hottest New Altcoins in March 2021! Crypto to Buy Now

    5 Hottest New Altcoins in March 2021! Crypto to Buy Now

    by Bitcoin Videos Added 4 Views / 0 Likes

    5 hot new altcoins in March 2021! Best crypto to buy now 💎 BINANCE $700 BONUS + 10% OFF FEES ►► http://cryptolark.co/10 🔥 WEALTH MASTERY ►► https://cryptolark.co/WEALTHMASTERY 👨‍🎓 COURSES FOR BEGINNERS 👨‍🎓 👉 CRYPTO EXPLAINED COURSE ►► https://cryptolark.co/beginner-course 👉 TRADING COURSE ►► https://cryptolark.co/trading-course 💲 BEST EXCHANGES FOR BUYING & TRADING 💲 💰 BINANCE BEST EXCHANGE FOR BUYING & TRADING CRYPTO 👉 10% OFF TRADING FEES ►► https:/

  • Hottest Thing In Crypto (NFTs Are All The RAGE in 2021)

    Hottest Thing In Crypto (NFTs Are All The RAGE in 2021)

    by Bitcoin Videos Added 6 Views / 0 Likes

    We told you last year in October that NFTs were going to be the next big thing. Following the NFT trend, blockchain based gaming platforms are sure to be a focus of many crypto users. Today were entering the realm of OVR reality, the next frontier for crypto projects. 00:00 Intro 01:06 What is OVR? 02:12 How it works 03:09 How you can make money with OVR 04:21 Tokenomics ByBit, Market Cipher, Ledger, TokenMetrics, Crypto.com & more! Find deals on hard

  • Top Projects The SEC Will TARGET in 2021 after XRP Lawsuit

    Top Projects The SEC Will TARGET in 2021 after XRP Lawsuit

    by Bitcoin Videos Added 6 Views / 0 Likes

    A recent XRP lawsuit shows that it is under attack from the US government. The SEC is alleging that the XRP token sale by Ripple Labs in 2013 was illegal due to the fact they should have registered XRP as a security. The Ripple Labs team holds out that the token sale was not illegal and XRP is not a security. They hold strong to the fact that XRP is in fact a utility and should never have been registered as a security since it isn’t one. This Ripple l

  • Ripple XRP THIS IS BIG!!! TOP NFT PROJECTS TO 10X IN 2021! | Gary Vee

    Ripple XRP THIS IS BIG!!! TOP NFT PROJECTS TO 10X IN 2021! | Gary Vee

    by Bitcoin Videos Added 3 Views / 0 Likes

    🚨 Ripple XRP THIS IS BIG!!! TOP NFT PROJECTS TO 10X IN 2021! | Gary Vee Get an Extra 5% GSX Here: https://gsxcde.com/invite?ref=UD10019 MAKE MONEY WITH CRYPTO 🚀 http://RUNGUYS.COM Watch this next: https://youtu.be/KNeDg-q3648 Subscribe to Goat Talks: https://www.youtube.com/channel/UCAJu1vCGvv_jchmLRHNUpyg Connect With Us Below: 📩 Email: TheRunGuys@Gmail.com 🌎 Group: https://facebook.com/groups/rankupnow 📲 Instagram: @Run.Guys @RunLifeNick @ViralKyle

RSS
Buy Bitcoin on Binance