The 'Matrix' of privacy coins: a comprehensive spreadsheet of anonymous digital assets
Recently, a Google Docs spreadsheet has been published on the great variety of cryptocurrencies that aim to reinforce financial anonymity.
The document is very complete and includes several details about the attributes of each coin scattered by a very long spreadsheet.
The currencies that are present in the 'Matrix' report include Bitcoin Core (BTC), Monero (XMR), Zcash (ZEC), Dash, Verge (XVG), PIVX, Bitcoin Private (BTCP) and more. There are a total of twenty cryptocurrencies listed, along with some relatively unknown coins such as Zoin (ZOI) and Colossus Coin (COLX).
Also missing a lot of coins centered on the privacy of the list, anon token style like Boolberry (BBR) and Bitcoin Dark (BTCD).
There are 14 separate sections that distinguish each currency, such as asset summary, features, resources, trade, supply and distribution, portfolios and privacy benefits.
With each section that summarizes the characteristics of the protocols, it can give the reader an in-depth look at how much privacy these networks really provide to users.
For example, in the "privacy" section, readers are likely to get the most information about anonymity methods. Both Bitcoin Core (BTC) and Ethereum (ETH) mentioned in the list fail miserably when it comes to almost everything related to privacy.
The list details that other currencies such as Monero, Zash, Particl, Bitcoin Private, Zencash, Zclassic and Sumocoin obfuscate a recipient and the transactions of a sender with certain characteristics. The anonymity protocols that use these currencies are methods such as ring signatures, stealthy addresses and zsnarks (zerocoin).
According to the Matrix spreadsheet, many of the other currencies mentioned as Dash and Colossus do not show cryptographic privacy, and rely on techniques like Coinjoin. In addition, the list also details whether the currencies have an auditable supply and a reliable configuration.
The ability to scale coins is also a section worth reading, as it shows which cryptocurrencies have begun to climb through the forks, and others expect technologies such as Lightning to come to fruition.
Other technologies mentioned in the scaling section include masternode protocols, bulletproof and other second layer options. Finally, some of the aforementioned assets have wallet implementations in most of the clients created within the industry, while others have very little wallet support, which hinders the usefulness of currencies such as Phore, Zoin, Colossus, Spectercoin and Sumokoin
In addition to this list, there are more cryptocurrencies focused on anonymity that claim to provide significant privacy for users who use these networks. However, the Matrix spreadsheet goes through all the exaggerated publicity, headlines and shillings that are carried out on the web by separating the characteristics, attributes and facts, in a list of things that the defenders of cryptocurrencies worry.
Source: news.bitcoin.com