Bitcoin Private (BTCP) is a cryptocurrency with the optional ability to keep the sender, receiver, and amount private in a given transaction. This is in contrast to many cryptocurrencies such as Bitcoin, which have a fully transparent transaction history.
Bitcoin Private coin price
The price of BTCP token or Bitcoin Private coin is always chaining, however, BitcoinWiki gives you a chance to see the prices online on Coin360 widget.
Bitcoin Private gives users the option to generate either public or private addresses, redeemable for transactions to either address type. Bitcoin Private uses the mining algorithm Equihash, similarly to Zclassic and Zcash. Also similar to the formerly mentioned, at its core Bitcoin Private is a privacy oriented cryptocurrency, built around the privacy protocol zk-SNARKs, a zero-knowledge proofs method highly regarded for its security. Additionally Bitcoin Private focuses heavily on being a community project, so much so as deriving its name from a Twitter poll, and eventually attracting hundreds of community members to help on the project. Bitcoin Private is a merge fork of Bitcoin and Zclassic.
Bitcoin Private co-founder Rhett Creigthon was removed from Bitcoin Private after announcing another fork regarding Bitcoin Prime. He was criticized for that move by cryptocurrency opinion-leader, youtuber and dogecoin founder Jackson Palmer on Twitter.
See Also on BitcoinWiki
- The Merkle: What is Bitcoin Private - https://themerkle.com/what-is-bitcoin-private/
- Cryptovest - Bitcoin Private Team Ousts Rhett Creighton for Suggesting Another Obscure Coin Fork: https://cryptovest.com/news/bitcoin-private-team-ousts-rhett-creighton-for-suggesting-another-obscure-coin-fork/