Knowledge Base - Security & Risk

In the age of digital anonymity and ubiquitous transaction data, financial privacy has become increasingly valuable. Traditional cryptocurrencies, while offering a degree of anonymity, still leave a public record of transactions on a blockchain. This is where privacy coins emerge, bringing in a unique class of cryptocurrencies designed to obfuscate transaction details and enhance user anonymity on-chain.

Decentralized finance (DeFi) has grown in popularity as an alternative to traditional finance. It is a decentralized, transparent, and secure financial system based on blockchain technology. However, as with any technology, DeFi faces security challenges that must be addressed in order to maintain user trust and confidence.