An Introduction to Privacy Coins with Crypto Ramble
Hi Steem Fam!
I had an awesome time sitting down with Desi-Rae, the host of Crypto Ramble to talk all about privacy coins. She not only has a major focus on privacy coins in her channel, but she’s actually written a book about them as well titled, “Guide to Privacy Coins”.
Here are a few things we chat about:
- What makes these coins private
- The various degrees of privacy different coins can have
- Some of her favorite privacy coins and why
- Thoughts for spreading awareness/education on these coins
- KYC and whether or not government regulations are a concern for privacy coins
- Tons more in addition to hearing more about her crypto journey and the type of content she makes on her channel, the Crypto Ramble!
I really hope you enjoyed this conversation with Desi-Rae and learning more about privacy coins. I’d definitely recommend checking out her YouTube channel or her book if you want to dive deeper.
🔗Guest Links:
https://twitter.com/CryptoRamble
cryptoramble.com/start
https://www.youtube.com/cryptoramble
amzn.to/2SY2aBh
XO, Lea
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▶️ 3Speak
@tipu curate
Upvoted 👌 (Mana: 10/15 - need recharge?)
aww thank you!! 💕
Thanks for the interview. You should check out the SAFEX project - safex.io.
It is close to launching the SAFEX world marketplace, the beta of which has been completed and is in Testnet v.6.1. It's a privacy coin based on CryptoNote technology, like Monero. The SAFEX marketplace will be a decentralized, global marketplace that will allow users to buy and sell goods and services directly on the blockchain with anyone in the world and pay with cryptocurrency. It will provide privacy by default and is superior to Particl.
The SAFEX world marketplace will have advantages over existing platforms like Amazon. Unlike existing platforms, which are centralized and in business to benefit themselves, the SAFEX marketplace will be decentralized and consist only of sellers, buyers and software. Participants will be allowed to transact privately, with the anonymity of participants being ensured through ring signatures and one-time addresses. This will prevent the data of participants from being collected by a centralized entity, which may use the information to their detriment.
Parties who sell on the SAFEX marketplace will pay a flat 5% fee on each transaction, which is substantially lower than the 15% – 40% fees typically charged by existing platforms. Transactions directly between buyers and sellers will cut out the middleman and allow merchants to earn higher profits, which may translate to lower prices for their customers. In addition, the fact that vendors are paid in cryptocurrency means they will be paid immediately when they send the goods and won’t have to worry about scam artists ripping them off.
The SAFEX marketplace may launch later this month and offers potential 1000x returns for limited risk. You might consider throwing a few sats into SAFEX Token $SFT or SAFEX Cash $SFX.
Didn't realize Desi-Rae was into crypto, I thought she was more into politics. I guess times change.