🔍 PRIVACY in crypto: technology, currency or investment thesis?
There is much talk about institutional adoption and upcoming growth vectors.
But there is one point that comes up more in discussions: PRIVACY and it is not just one thing.
👉 ZKP (Zero-Knowledge Proofs) is NOT a currency, it is a cryptographic technology that allows proving something without revealing the data.
It can be applied to payments, identity, compliance, DeFi, and even regulation.
📌 There is no "ZKP currency".
What exists are different projects that utilize this technology, each with a specific goal.
DO NOT CONFUSE TECHNOLOGY WITH TOKEN
example:
➡️ ZKPass is not "the ZKP".
It is a project that uses ZKP, just as others use this technology.
Buying the ZKPass token does not mean investing in ZKP technology.
🔐 Main privacy technologies and examples of currencies
1️⃣ ZKP – provable and auditable privacy
Indicated when privacy needs to coexist with compliance and institutional adoption.
Examples:
• ZEC (Zcash): optional privacy via ZKP
• MINA: blockchain based on ZKP
• AZERO: institutional privacy
• ZKPass: identity and verification infrastructure (not a payment currency)
📌 All use ZKP as technology, but they are not the same thing nor capture value in the same way.
2️⃣ Ring Signatures / Stealth Addresses / RingCT
Native and mandatory privacy, with no option for transparency, total anonymity
Examples:
• XMR
• FIRO
3️⃣ CoinJoin / Transaction mixing: statistical privacy
Mixes transactions to break the trail between origin and destination.
Example:
• DASH
🧠 Conceptual summary
• ZKP ≠ currency
• ZKP = technology
• Investing in a token that uses ZKP is not the same as investing "in ZKP"
• currencies like XMR follow another thesis: absolute anonymity by other techniques
📌 Personal reflection
I do not have privacy currencies.
I understand that privacy projects can complement, as long as one knows exactly what they are investing in.
🗳️ POLL
Which one would you choose?