Bitcoin, a cryptocurrency, created in 2009 was the first decentralized digital asset. Cryptocurrencies became quite dominant in 2017 also Bitcoin experienced high market gains during this period. Cryptocurrencies proved crucial when it comes to anonymity and security of the user. Crytocurrency is decentralized, which gives a strong hold to the end user in protecting his online privacy. Facebook and Youtube are examples of some centralized bodies where one could find their online privacy not safe. We should realize that there is a need for significant improvement in protecting user anonymity and security considering some centralized bodies. Let’s take an example, where as a user, you like/comment on a specific post which in turn is a valuable information for some third parties i.e.; advertisers. Advertisers buy this crucial data and will showcase advertisements based on your likes. Your data is earning profit for these centralized bodies and advertisers. Hence you need to be an anonymous user which ensures that your information is secured.
Bitcoin has shown how technologies such as cryptography and blockchain has supported user anonymity. Bitcoin address which is similar to an email address is used for transactions using bitcoin, which is not associated to any of your personal information. However, in this constantly transforming world people found out that even Bitcoin is not completely anonymous. Hence the world has seen a rise in other cryptocurrencies like Monero and Zcash which seems to offer an efficient user anonymity and security than Bitcoin. While transacting online, users experience a greater security and anonymity using Monero and Zcash.
A VPNShazam (Virtual Private Network) is well known for protecting privacy and providing anonymity to the end user while using internet. It masks the IP(Internet Protocl) address of the user which makes it very difficult to trace the online activities of the user. Cryptocurrency and VPNShazam, together if combined can result in further increment of user’s anonymity and security online as VPNShazam’s network consists of 700+ VPN servers from 60+ Countries. So now with VPNShazam your online activities are secured and with cyrptocurrency your online transactions are secured. Combining them both makes sure that user’s online activities stay anonymous and secured. The best combination to ensure an utmost privacy protection and user anonymity.