To support it is the CEO of coinbase, who in a post published a few days ago on the official blog of the exchange, said he was convinced that this decade will be what will sanction the massive integration of features aimed at protecting privacy in the main criptovalute; as known, in fact, even bitcoin itself cannot be considered a currency suitable for the protection of privacy, on the contrary, the opposite is true, BTC transactions are very easy to monitor.
Over the past decade, Armstrong says, the privacy aspect will become one of the areas to which the developers of the various currencies will devote themselves with greater commitment; more specifically, the CEO wrote that:
Just like the way the Internet was launched with HTTP, and only later introduced HTTPS as the default on many websites, I believe we will eventually see blockchains with integrated privacy features that will gain mainstream adoption in the 1920s.
This analysis is very interesting and I think it may also prove correct on the basis of what we currently observe; the FATF, for example, has demanded a crackdown on anonymous cryptocurrencies, such as Monero, and this has already prompted several exchanges, also very relevant on Asian markets, to proceed with the delisting of this type of coin.
Coins that do not natively contemplate the anonymity of transactions but that integrate this type of possibility at the user's discretion were not affected by all this; this means, in simple terms, that in itself this kind of cryptocurrencies are not anonymous, it is the individual user, from time to time, to define the level of privacy he wants to have for each single transaction available.
If this turns out to be the turn that the market will actually take, however, it would be a serious blow for all those currencies that have made the anonymity of transactions the center of their business to date; coins such as ZEC, or XMR itself, would lose their sense and usefulness, inevitably ending up disappearing since there would no longer be any real interest in using them.
