Ebitz: The New Contender in Anonymous Cryptocurrency

Introduction to Ebitz

In the fast-paced world of cryptocurrencies, the emergence of new contenders periodically shakes up the existing order. Enter Ebitz, a new digital currency developed by a band of European ethical hackers, positioning itself as a standout in the realm of anonymity and privacy. Unlike ZCash, which has been a favorite for those seeking a stealthy transaction, Ebitz claims to be an evolved version with advanced privacy features and selective transparency.

The Ebitz Edge Over ZCash

With aspirations to dethrone ZCash, Ebitz is taking aim at some acknowledged weaknesses in its predecessor’s structure. Here are some key factors where Ebitz shines:

• No Founder Rewards: Ebitz has firmly decided to ditch the concept of founder rewards that are commonplace in many cryptocurrencies. This move aims to create a more egalitarian system where the benefits are not funneled to a small group.
• Innovative Consensus Algorithm: They’ve switched to a Proof of Stake (PoS) consensus mechanism, a decision that promises to decentralize control and prevent dominance by GPU mining farms, making it more accessible to the everyday user.
• Anonymity Focus: The developers tout Ebitz as the ideal currency for the Deep Web, advocating its use over Bitcoin for its enhanced anonymity features.

Ethical Hackers Fueling the Revolution

The brains behind Ebitz tout their identities as ethical hackers, with a staunch belief in anonymity technology. Their motivation? To create a truly decentralized currency devoid of corporate influence:

“We belong to a European group of ethical hackers with a belief that technology behind ZCash is the future in anonymity.”

According to them, Ebitz aims to fill the gaps in the dark web ecosystem where privacy and transaction speed are paramount.

Availability and Market Influence

The Ebitz team is not just diving into the depths of the Deep Web; they claim to have the necessary contacts to ensure its widespread adoption from day one. They’re stepping up their game, promoting Ebitz to be widely accepted in dark markets. But is it all a big promise or a marketing ploy for their upcoming ICO? Only time will tell.

Comparing with Other Altcoins: NAVCoin

Meanwhile, in the crowded altcoin arena, NAVCoin is also pushing for its share of anonymity with features designed to ensure fast transactions and optional privacy via a second Blockchain, known as the subchain. Developers are keen to complete the decentralization within a matter of weeks, presenting an alluring choice for users in search of speed and anonymity.

• Transaction Speeds: NAVCoin promises rapid transaction processes.
• Double Encryption: Utilizing a double encrypted network adds an extra layer of security.

This surge in interest for anonymity-centered cryptocurrencies hints that users are hungry for options that prioritize privacy without sacrificing efficiency.