Rumble Kong League is a blockchain-based mobile 3x3 basketball game. Players use NFT characters to compete and rank in an online sports league.

Interested in fast-paced basketball games with exciting rewards? 

 attempts to combine the world of sports gaming with cryptocurrency technology. This entertaining concept takes the play-to-earn aspect of 

 and adds more complex gameplay with a focus on sports culture. 

 certainly stands out from other web3 games, which tend to be based on RPGs, shooters or card games. But can it attract users? To see whether this game will likely be the next big thing, here's what you need to know.

 is a blockchain-based mobile basketball game. Players use 

 characters to compete in 3x3 basketball matches and rank in an online sports league. The game involves a blend of strategy and skill, and league winners can earn impressive prizes.

 has been in development since 2021, when it was first created by Marcus Blasche and Nick Vale. Blasche has worked with Activision Blizzard and Wargaming, while Vale is a veteran of indie gaming. Intrigued by the potential applications of blockchain technology, the two decided to create a complex and engaging web3 game. 

 has obtained numerous prestigious backers, raising over 

 from JDS Crypto, Animoca Brands, IDEO CoLab Ventures and others. Moreover, the game is being promoted by NBA stars Stephen Curry and Paul George. The 

development team also includes acclaimed muralists, algorithmic trading experts and experienced software developers. 

What Does Rumble Kong League aim to achieve?

Rumble Kong aims to create a complex, in-depth blockchain sports game. Many web3 games are simple “clickers” that rely on basic mechanics, such as drawing cards and automatically generated artwork. However, Rumble Kong's creators wanted to create a game that felt more like traditional basketball. The game's development period was longer than usual, due to its broad range of mechanics and distinctive art style. 

. By incorporating real NBA players in its promotion, 

 believes it can attract more customers. Instead of just relying on word-of-mouth praise from web3 fans, it plans to reach out to traditional sports fans and esports gamers. 

 is primarily a game, it’s also an advanced gaming ecosystem running on a multisport platform that will eventually encompass multiple games. Account holders receive access to Athlos, a digital 

 city with a street for each gaming brand and athlete experience. 

The content and interface that users experience are run by traditional software, similar to standard AAA games. However, the ecosystem has a blockchain background that provides more technical services, such as tracking player points and storing player assets. 

Initially, there were plans to run the game’s network on Avalanche, but after considering its options, 

, an Ethereum sidechain specifically designed for gaming that offers particularly low fees and fast transactions. 

 provides the following exciting features for players to enjoy.

 is similar to that of a basketball game. Teams of three try to shoot baskets and score points, and players can be default characters or special NFTs with unique abilities. As you play, you can choose between individual actions, such as passing the ball, sprinting, blocking shots and shooting. In addition to playing matches, users can watch tournaments, interact with each other socially and design player-created content.

The Rumble Pass lets players join a seasonal progression system. Once you sign up for this features, you're guided through a broader narrative. As you win matches, you unlock exclusive quests. Fulfilling all the requirements of the Rumble Pass gets you exclusive rewards and loot boxes. Rumble Pass is essentially the casual mode of 

, so you can play for fun instead of competing in serious league games.

 uses NFTs for a variety of purposes. Players who own NFT characters can equip them with special on-court abilities. Brand collaborators, such as Gatorade and Under Armour, also offer special NFT collections that provide branded gear for their characters. Currently, 

 has spent the past four years developing and designing its game and recruiting reputable spokespeople like NBA stars Stephen Curry and Paul George. Now that it's successfully completed several beta tests and a soft launch of its gaming system, 

, with plans to add the FAME token and other related services to the game throughout the spring of 2025. 

Once the league system, FAME rewards and game stores are all launched, 

 will be expanding its game with exclusive quests. Eventually, it plans to branch out and add more sports-themed games centered around games such as American football.

Before the FAME token launched on Mar 11, 2025, 

 to its dedicated players. People who participated in activities like the Sigma League and earned points had their in-game FAME points translated into FAME cryptocurrency. Those who had participated in the SocialFi campaign online were also eligible for the airdrop. All they needed to do was visit the 

 website and connect their wallet to automatically get tokens added. 

FAME stands for "The Future of Athletics, Media and Entertainment," and it's the token used for everything from rewarding plays for completing exclusive quests to buying items in the online shop. The token is an Ethereum-based coin with a 

 that will be distributed to six different parties:

While there’s not yet any pricing history for the incipient FAME token, it can be helpful to take a look at the pricing history for 

 NFTs, which have a floor price of around $300 and an 

 has usually sat in the middle of the market. 

Likewise, the company's FAME coin is unlikely to be as pricey as a token like Bitcoin, or as cheap as a typical meme coin. It will most likely start out with a price in the range of a few cents, and may increase in value if it can generate enough hype.

Currently, pre-market trading sites have FAME sitting at around $0.02, which may provide a good estimate of the coin's launch price. FAME does feature a high total supply, however, which may bring prices down a little as more coins are released.

No one can guarantee FAME's debut price, but this hasn't abated crypto influencers’ excitement. Thanks to the game's ties to Animoca Brands, Stephen Curry and other prestigious names, it's already attracting people who are interested in sports culture. For most new coins, this sort of online buzz is a good thing. It can often indicate higher prices when a coin eventually launches. Furthermore, the token has a lot of utility, since FAME rewards are such a big part of the game. This type of utility usually helps to stabilize coin prices.

However, keep in mind that FAME is still untested at this point. 

has been in development for a while without actually releasing a coin, and its soft launch is still ongoing. Furthermore, the crypto market as a whole has been experiencing some insecurity lately. Since it's impossible to predict how volatility will affect FAME, make sure to avoid overextending yourself and putting too much of your portfolio into FAME. As always, be sure to 

 has the potential to create a truly entertaining sports game for basketball fans. This impressive ecosystem is backed by NBA stars such as Stephen Curry and includes some exciting gameplay options. 

 has already had some success with its Sigma League and soft launch, and the upcoming release of the FAME token signifies more big things for the brand. 

Intermediate

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Rumble Kong League (FAME): Slam-dunking into esports with Ronin

Thailand’s SEC has approved USDT as a regulated cryptocurrency, allowing trading on local exchanges starting March 16. 

Daily top performer — IOST Network (IOST)

The S&P 500 fell by 2.7%, hitting a multi-month low as recession fears and tech selloffs weighed on markets. Investors are awaiting US inflation data for further insights. Gold remained below $2,900, with further declines likely as investors await US CPI data and the BoC rate decision. The Coindesk Indices, which tracks the broader crypto market, fell by 6.32%, with Bitcoin and Ether down by 4.44% and 8.66% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is IOST, which surged 27.6% following the IOST Airdrop Campaign Details.

IOST Network (IOST), launched in 2019, uses "Proof-of-Believability" to enhance scalability. It expanded into DeFi, NFTs, and plans a decentralized stablecoin to strengthen its ecosystem. 

, distributing 852.8M tokens (4% of supply) to eligible holders. Users with at least 1,000 IOST by March 15, 2025, qualify. Distribution will occur over 48 months, with details varying by platform. More participants may be added. Stay updated via 

Check out the latest prices, charts, and data of 

 as a regulated cryptocurrency, allowing trading on local exchanges starting March 16. The move enhances flexibility in digital asset businesses and reinforces Thailand’s position as a crypto-friendly jurisdiction. With USDT accounting for 40% of local trading volume, the approval supports market modernization and stablecoin adoption.

Yesterday, BTC spot ETFs saw $189.2M in outflows, with GBTC losing $20.6M and non-GBTC funds shedding $168.6M.

 is set for April, marking a major milestone for the Web3 gaming platform. Leading up to TGE, key events include Launchpool #3 (March 17–31), the Community Airdrop (March 10–31) for Mystery Marble (MM) holders, and Airdrop Season 3 (March 17–April), allocating 1% of total supply. Users can earn SQUAD Coins through pre-launch events and weekly challenges. Stay tuned for more updates as GOMBLE expands its gaming ecosystem.

Beginner

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Thailand SEC approves USDT trading to boost crypto adoption

bbSOL HODLverse is a staking rewards event that allows Bybit users to earn LAYER tokens by holding bbSOL in their Bybit Exchange and/or Bybit Web3 Wallet.

The world of crypto staking continues to evolve, offering innovative ways for users to earn passive income. One such opportunity is bbSOL HODLverse, an exclusive week-long event during which users can hold 

 and earn LAYER tokens without additional effort. With a 2,000,000 LAYER prize pool, participants can accumulate rewards simply by holding bbSOL in their Bybit Exchange account and/or 

In this article, we’ll explore what this event is all about, learn how you can obtain bbSOL and participate and help you decide whether to join this campaign.

Running from Mar 11, 2025, 12AM UTC through Mar 20, 2025, 11:59PM UTC, 

 is a staking rewards event that allows Bybit users to earn LAYER tokens by holding bbSOL in their Bybit Exchange and/or Bybit Web3 Wallet. 

The concept behind bbSOL HODLverse is simple: the more bbSOL you hold, the greater your share of the LAYER airdrop. To understand the mechanics of the event, let’s break it down step by step:

Now that you have a better understanding of how the event works, learn below how to earn your share of the 2,000,000 LAYER prize pool.

As outlined previously, you have two ways to participate in bbSOL HODLverse: hold bbSOL in your Bybit Exchange account, and/or your Bybit Web3 Wallet.

Before you can get started with this event, you’ll first need to create a Bybit account, and then ensure that you’ve already obtained bbSOL. If you don’t already have an account with Bybit, you can follow our sign-up guide 

How to obtain bbSOL with Bybit On-Chain Earn

: Log in to your Bybit account and hover your cursor over the 

: Indicate the amount of SOL you’d like to stake/amount of BBSOL you’d like to receive, and ensure that all fields are filled in correctly before clicking 

Congratulations! You’re now holding bbSOL.

: Log in to your Bybit account and navigate to the Spot trading platform by hovering your cursor over the 

: Search for the available bbSOL Spot trading pairs by hovering your cursor over the three horizontal lines.

: Choose your preferred bbSOL Spot trading pair (

), and input the amount you’d like to purchase in the trading pane on the right side. Once you’ve filled in the necessary details, click on 

How to check rewards if you have bbSOL in your Bybit Exchange account

 and scroll down until you see the snapshot. 

Here, you’ll be able to see the snapshot amount of your bbSOL holdings each day, as well as the estimated number of LAYER tokens you’re eligible to receive.

Navigate to the Bybit Web3 homepage and connect your Web3 Wallet by clicking on the 

 button on the top right corner of the page.

Once you’ve connected your Bybit Web3 Wallet, hover your cursor over the 

Enter the amount of SOL you would like to purchase in the order pane on the right side of the page, and click on 

Once you’ve purchased SOL, hover your cursor over the 

On the right side of the page, indicate the amount of SOL you would like to stake and click 

Congratulations, you’ve obtained bbSOL!

How to check rewards if you have bbSOL in your Bybit Web3 Wallet

. Alternatively, you can also choose to navigate to the 

tab and you’ll be able to see your bbSOL holdings, as well as the estimated LAYER rewards you’ll be able to receive.

Participating in bbSOL HODLverse is an attractive option for users who are already staking SOL or holding bbSOL. This event provides an easy opportunity to earn additional LAYER tokens without requiring extra effort or active trading. Furthermore, you don’t have to manually register for the event; as long as you’re holding bbSOL during the event period, you’ll be eligible!

One of the biggest advantages of bbSOL HODLverse is that it offers a passive way to earn crypto rewards. Since rewards are distributed based on daily snapshots of holdings, there’s no need to actively trade or stake beyond simply holding bbSOL. In addition, unlike traditional staking programs, there’s also no lockup period, meaning users are free to withdraw or trade their bbSOL at any time during the event.

Overall, bbSOL HODLverse stands out as a hassle-free way to maximize rewards while maintaining full control over your holdings. With no additional requirements beyond holding bbSOL, it offers a flexible and low-risk opportunity for participants to earn LAYER tokens. 

bbSOL HODLverse is a straightforward and rewarding event for Bybit users looking to maximize their crypto holdings. By simply holding bbSOL, participants gain access to a 2,000,000 LAYER prize pool, with no complex staking requirements.

With automatic daily snapshots, effortless participation and seamless reward distribution, bbSOL HODLverse offers you a passive and low-risk way to earn crypto rewards. If you qualify for participation, it’s a great opportunity to grow your portfolio.

bbsol hodlverse.png

How to participate in bbSOL HODLverse

Cardano Spot ETF approval would signal ADA’s integration into mainstream finance, mirroring BTC and ETH's paths. Learn more here.

Grayscale Investments, in its latest bid to expand its crypto-focused portfolio, has filed for a 

 (ETF). Now under the SEC’s review, the proposal has the potential to thrust ADA into the spotlight of mainstream finance. It promises to provide regulated exposure to Cardano’s market value, offering a gateway for traditional investors to tap into the growing cryptocurrency ecosystem. As the SEC reviews the application, investor optimism is rising, and ADA has already experienced notable price surges. 

This article explores how this move could redefine Cardano’s future, connecting the world of decentralized innovation with traditional financial markets and positioning ADA as a key player in the fast-paced digital economy.

A Cardano Spot ETF is an investment vehicle that directly holds Cardano (ADA) tokens and mirrors their market price, empowering investors to capture Cardano’s value without the complexities of buying and managing the cryptocurrency directly

A Cardano Spot ETF would provide direct exposure to Cardano (ADA) by holding the underlying cryptocurrency itself, rather than derivatives or futures contracts, in order to capture ADA’s market performance in a secure, regulated framework. This innovative structure bridges traditional finance with the dynamic ecosystem of digital assets, and would allow investors to tap into Cardano’s potential without managing digital wallets or navigating the complexities of cryptocurrency exchanges.

ADA is the native currency of the Cardano blockchain, one of the largest networks primarily used for 

. Cardano empowers developers to build secure, scalable 

 solutions, and the ADA token facilitates 

 transactions and is used within the network for 

A Cardano Spot ETF would be established as a trust, with a dedicated custodian ensuring the secure storage of ADA tokens. For instance, in Grayscale's proposed Cardano ETF, Coinbase Custody Trust Company, LLC is tasked with safeguarding digital assets. Experienced administrators — in this case, BNY Mellon Asset Servicing — will oversee the fund's day-to-day operations, and handle critical functions such as valuation, accounting and regulatory reporting in order to ensure compliance with industry standards.

The ETF’s value would be meticulously linked to the market price of ADA through an index that aggregates prices from reputable cryptocurrency exchanges, such as Coinbase, Crypto.com, Bitfinex and Kraken.

Upon receiving regulatory approval from the US Securities and Exchange Commission (SEC), shares of the Cardano Spot ETF would be listed on major stock exchanges such as NYSE Arca. This listing will allow investors to buy and sell shares via traditional brokerage accounts, providing a familiar and regulated avenue for cryptocurrency investment. Operating under stringent regulatory oversight, the ETF would ensure transparency, security and adherence to applicable laws, ultimately offering a streamlined and secure method for investors to participate in Cardano’s market movements.

On Feb 10, 2025, Grayscale Investments filed a 

 with the US Securities and Exchange Commission (SEC) to launch a Cardano Spot ETF, aiming to offer investors regulated exposure to ADA. The SEC formally acknowledged this filing on Feb 24, 2025, kicking off a review process that includes a public comment period. The review period allows up to 180 days for an initial decision — though extensions are possible, if the need arises. Historically cautious (due to concerns over market manipulation and investor protection), the SEC’s shifting stance, highlighted by approvals of 

, suggests a potential shift toward a more accommodating regulatory framework. (Polymarket analysts put approval odds at 64%.)

The market response to Grayscale’s proposal has been notably positive, with ADA’s price surging approximately 

 in 24 hours following the announcement, outperforming both BTC and ETH. This upward movement signals confidence in the ETF’s potential to integrate Cardano into traditional financial markets, and also reflects robust investor optimism and heightened institutional interest.

While the SEC’s decision on Grayscale’s Cardano Spot ETF is still pending, the combined effect of progressive regulatory action and favorable market sentiment highlights a promising future for Cardano. This development continues to strengthen the link between conventional financial systems and the innovative world of digital assets, reinforcing ADA’s standing as a leading blockchain asset in an ever-evolving market landscape.

Current impact of Cardano Spot ETF applications on the crypto market

Grayscale’s initiative to launch a Cardano-focused ETF has ignited robust investor interest, with ADA experiencing a substantial price surge that even outpaced major cryptocurrencies Bitcoin and Ethereum. This development reflects heightened optimism about Cardano's integration into mainstream financial products, and also signals a broader acceptance of digital assets within traditional investment frameworks.

At the same time, President Trump’s declaration to establish a US crypto strategic reserve — which notably includes Cardano, among other cryptocurrencies — has further propelled ADA's value, with reported increases 

. This move, aimed at incorporating key digital assets into the nation’s financial infrastructure, provides a robust endorsement of Cardano’s market relevance. 

The interplay between the ETF application and the announcement for a planned crypto strategic reserve has created a synergistic effect: while the ETF filing laid the groundwork for positive sentiment, the governmental initiative amplified investor confidence, culminating in a more pronounced price rally. 

What will it mean if a Cardano Spot ETF application is approved?

The SEC's approval of a Cardano Spot ETF would mark a pivotal moment in the integration of cryptocurrencies into mainstream finance. It would offer enhanced accessibility, liquidity and legitimacy to ADA, while also setting the stage for broader acceptance and development within the digital asset ecosystem.

Looking to capture the market and trade ADA tokens? Bybit offers the 

The potential approval of a Cardano Spot ETF represents a pivotal step toward mainstream legitimacy for ADA, mirroring both Bitcoin and Ethereum’s regulatory milestones. While the SEC’s decision remains pending, heightened investor confidence — evident in ADA’s price surges and institutional interest — signals optimism about Cardano’s integration into traditional finance. Approval would enhance accessibility, liquidity and ecosystem growth, positioning ADA as a competitive blockchain asset. 

Coupled with broader initiatives, such as that for a 

, these developments underscore Cardano’s rising prominence in merging decentralized innovation with regulated financial frameworks.

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Cardano Spot ETFs: Boosting ADA's ETF market share

Altcoins

Privacy coins are cryptocurrencies that put particular emphasis on user animosity. In this article, we explain everything you need to know about them.

learnbybit-bannerseries-privacycoins.jpg

Cryptocurrencies have been praised for the anonymity they offer through the decentralized transactions and other services that they offer. Ever since the creation of 

(BTC), various cryptocurrencies have been created which retain many of Bitcoin’s features.

However, though transactions are decentralized and somewhat anonymous in the blockchain of cryptocurrencies such as Bitcoin, they are not completely private. What this means is that every BTC used in a transaction can be traced to previous transactions. 

This reality gave birth to a new idea for cryptocurrencies with coins that are untraceable and completely private, called 

. In this article, we will explain what Privacy Coins are, how they work, and what their main characteristics are.

The term “privacy coins” refers to coins which do not give out information regarding a 

 transaction. One reason privacy coins were created is to take people’s right to privacy, and apply that to digital transactions or other decentralized digitized services.

A second rationale is that cash should be digitized, as well. Since cash cannot actually be traced unless it is deposited in a bank account and used to buy through that account, there is also a need for cash to be used in decentralized transactions. Hence, using privacy coins promotes 

technology with the functions of cash built in.

Another reason is fungibility: one coin is completely equal to another coin. For example, if a Bitcoin is used for an illegal transaction, that Bitcoin becomes “contaminated” since Bitcoin can be traced. And if you happen to be the owner of that tainted Bitcoin, it may become harder for you to sell it because many people won’t accept Bitcoin with such a history. Privacy coins, on the other hand, are untraceable. Therefore, each coin is equal to any other, no matter the history of the coin — even if it’s been used for illegal transactions.

The two key components of privacy coins are anonymity and untraceability.

Anonymity hides the user’s private information (identity) in every decentralized transaction or service. Untraceability makes the transaction information untraceable from third parties. Because of these two components, privacy coins are banned in some countries, such as South Korea. Though the nature of privacy coins seems mysterious, they are beginning to grow in value as well as in terms of community.

Some of the most prominent privacy coins include 

Before examining each of these currencies to see what makes them unique, let’s take a brief look at how privacy coins work.

Just like other cryptocurrencies, privacy coins work through blockchain technology. Every transaction is decentralized, meaning that no third party is required to regulate the transactions. 

 part of the network. In order to verify these transactions, nodes need to solve complex mathematical problems that prove that the transaction is valid. After the transaction is confirmed, the information is added to the blockchain, and other nodes update their information.

As a consensus mechanism, privacy coins use 

(PoS), or a hybrid version of both PoW and PoS. Each privacy coin may differ in terms of functionality when it comes to what makes it different from other cryptocurrencies — in other words, what makes it “private.”

Here are the main strategies that privacy coins use.

As the name suggests, stealth addresses mean privacy. Every time you receive a coin, a new address is created, making it impossible for others to use your address as a destination in the future. This is one of the simplest ways to ensure privacy in the blockchain.

Some privacy coins use a more complex model of stealth address. This is known as the dual-key stealth address protocol (DKSAP). Each user on this blockchain gets a hold of a private view key, private spend key and a recipient address. The recipient address is the only thing that is visible to others during a transaction. However, the coins you receive do not go to this address, but rather to a different, private, and unique address in the blockchain. The private send key is used to send cryptocurrencies. The private view key is used to look at the funds that are being received.

Ring signatures are another way to ensure privacy. When you sign a transaction with a private key, others can easily link that signature with your address. Ring signatures prevent that. Through a “ring” of random signatures that cosign the transaction with you, it becomes harder for others to link the transaction with your address because there are many signatures taking place. The larger the ring of signatures, the more private your address becomes.

In addition to ring signatures, one way to ensure more privacy based on their model is Ring Confidential Transactions (RingCTs). In the same way that the address becomes private employing ring signatures, the amount of money involved in the transaction is also hidden.

 method whereby different transactions join together into a single and larger transaction. Then, a custodian using a never-before-used address takes the coins and distributes them to the desired recipients, as initiated by the senders.

Visual representation of CoinJoin. Source: 

Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARK) is a way of proving or verifying a transaction in the blockchain without requiring transaction details such as amount, sender or recipient address. In this way, transaction information remains private. Moreover, this model of verifying transactions has proved useful in terms of blockchain scalability. 

Mimblewimble is a relatively new way of ensuring privacy. It also provides a new model of the blockchain, and many cryptocurrencies are beginning to implement it in their own blockchains. Each block of information consists of the outputs, inputs and signature information. The transaction is simply verified if the inputs equal the outputs. This way, Mimblewimble maintains privacy in the blockchain in a simple and efficient way.

 form of encryption of your IP addresses through many various layers of encryption, resembling the layers of an onion — hence the name “onion routing.”

So far, we’ve discussed the key features of privacy coins that increase the level of privacy in cryptocurrencies. But as with every other cryptocurrency, privacy coins have their pros and cons.

That said, what are some examples of privacy coins with the characteristics we’ve mentioned so far? 

One of the biggest privacy coins in the crypto market, Monero uses Proof-of-Work (PoW) as a consensus mechanism. In terms of privacy models, Monero uses both RingCT and Stealth Addresses.

The IRS has offered a bounty prize of $625k for any entity able to solve the privacy technology of Monero. According to 

, Chainalysis and Integra FEC are two firms that have managed to come with a solution and collect the bounty.

Price of Monero throughout the years. Source: 

Dash is another privacy coin that has grown in recent years. 

 Bitcoin fork, meaning that many of its components are the same. The difference is that Dash consists of a hybrid version using both PoW and PoS. 

Dash uses PrivateSend and InstaSend on its transactions. Every “round” of PrivateSend is the equivalent of performing one CoinJoin transaction in order to distribute coins to one recipient. InstaSend is a feature of Dash that makes transactions much faster when compared to those using Bitcoin.

Price of Dash throughout the years. Source: 

Zcash (ZEC) is also a Bitcoin fork. It uses PoW as a consensus mechanism. Zcash uses zk-SNARK as a privacy mechanism, which keeps the amount, sender, and recipient address private from other people not involved in the transaction. A feature that distinguishes Zcash is that privacy is optional, and users can choose which transactions to make private and which ones not.

Price of Zcash throughout the years. Source: 

Verge (XVG) has also proved to be efficient in terms of maintaining privacy. Originally named DogecoinDark in 2014, the network was rebranded into Verge two years later. Verge uses Tor (or onion routing) as a privacy mechanism. With Verge, the IP addresses of users are encrypted using several layers that make it practically impossible for others to decrypt them.

Price of Verge throughout the years. Source: 

Beam is a privacy coin that uses Mimblewimble as a privacy mechanism. This model of privacy is relatively new, and is simpler compared to other blockchains. Each block consists of outputs, inputs and signature information, while keeping other information private. Beam also 

 Dandelion ++ as a mechanism to promote anonymity.

Price of Beam throughout the years. Source: 

In addition to Beam, Grin uses Mimblewimble to ensure privacy in the blockchain. Grin is one of the best privacy coins in terms of scalability.

When it comes to mining, Grin differs from other cryptocurrencies because the rate of reward is the same for everyone. It is expected to remain the same in the future, meaning that a miner today may receive a reward equivalent to that of a miner 50 years from now.

Price of Grin throughout the years. Source: 

What can we conclude — after everything we’ve covered so far?

Privacy is an important aspect of cryptocurrencies because of the vast number of hackers that are looking for potential slips from users. Privacy coins have offered a tantalizing glimpse of complete privacy and untraceability. 

The dark side of privacy coins is that they’ve been used for tax evasion, money laundering and the purchase of various illicit products. Perhaps programmers can find a way to maintain complete privacy while also prohibiting the use of privacy coins for illegal activities. Even though it may seem impossible for now, the future brightly beckons.

So, with the new found knowledge in crypto, why not sign up to Bybit?

What Are Privacy Coins?

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