A Privacy Coin is a type of cryptocurrency designed to enhance the anonymity of transactions. Unlike traditional cryptocurrencies like Bitcoin, which can be traced on a public ledger, privacy coins use advanced cryptographic techniques to obscure transaction details, making it difficult to link transactions to specific users. Popular examples of privacy coins include Monero and Zcash. These coins employ various methods, such as stealth addresses and zero-knowledge proofs, to ensure that sender and receiver information, as well as transaction amounts, remain confidential. This focus on privacy appeals to users who prioritize financial discretion.