There have been many discussion about the role of the specific cryptocurrency, for example Bitcoin is compared to the gold as a store of value, alternative to fiat currencies. There are some cryptocurrency that cover each characteristic and privacy protection is undoubtedly one of these. Here are some currencies that are giving more privacy than others.
Monero was created in 2014, when the group of developer want to create a digital currency that will be focused on accessibility, security and privacy. When we are talking about privacy and security, Monero is the famous currency, and this lead to the next explanation. Monero have all the benefits of a decentralized cryptocurrency, but when it comes to privacy, Monero is using ring signatures and ring confidential transactions of hide the amounts, origins and destinations of all transactions.
It has been originally launched in 2014 with the name XCoin, later changed in DarkCoin and finally in Dash which is a shortened from digital cash. One of the specific characteristic that this coin had is the ability to send instant transactions and private transactions.
The differ between ZEC and Bitcoin is that on the Bitcoin network transactions is visible on the blockchain with the participants and the amount, but Zcash blockchain only records that the transactions has taken place, without knowing more details about the participants, amount and other private informations. High degree of privacy and anonymity guarantee higher rate of adoption of cryptocurrency.
Bitcoin Cash (BCH)
Bitcoin Cash is cryptocurrency that forked from the original Bitcoin with the main purpose to ensure greater fluidity and more scalable transactions possibilities.