In this lecture I am learn about privacy coins.I have gain much information about Privacy Coins.Here after reading hole lecture of professor @leavycore and done research work about basics of Privacy Coins.There after I am going to starts home work of Professor @leavycore.
In crypto acdamy Its my first assignment about research Privacy Coins.here are many of students learn more and more to enhance his knowledge and became creative learner.Steemit platform gave an opportunity to work with steem family and gain knowledge and earned some money 💸 for your better Life.

What is Privacy Coins

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Privacy Coins are herarical structure of crypto digital currencies that enhance the power private and unauthorized blockchain transactions at their real origin and pathway.many types of transactions techniques include Antonym user original wallet balance and home or privacy address, and also manipulate multitude transactions with every other privacy chain analysing all current and past transactions.
In the Original intention of transparent , Bitcoin and local privacy (Not Use Private key or privacy passwords )blockchains allows anyone to Show their public address and also show transactions in his network , That type of system make relatively very easy to look after or track someone's withdrawals and deposits .
However , Privacy Coins ( secret coins ) work on two various directions.Anonymous and unsearchable.Anonyums hides the specification
at the back of transactions.MeanWhile discovered made it essential and out of question for third-parties to go after the trail of transactions using services Such as blockchains follow as this.
Dash Montero Zcash Beam
Grin etc.

Why we use privacy coins ?

Privacy coins use as a precious and second option of Bitcoin and other decentralized digital crypto currency.those people who make money for using this of digital currencies.Thay can chose way of trading on the basis of these trading methods.

1. Anonymity

Most of the main benefits of these coins are it's Privacy.Hence blockchain provides of useful ledger of public user.But these type of coins does not fulfill all people needs.Users does not face of any enquiry to send money for business purposes.Privacy is a useful right of all users.All user of **Cryptocurrency ** subject to the rights of all crypto users.

1. Financial Security

Privacy protect us our identification procedure and help us how to use Privacy Coins.
Privacy coins stops to those annoying attack.Else some where any kind of business deal , enemy or some kind of hacking act with lots of busines deals.And Seen to any act of research about your Wallet or privacy coins.
Privacy protects us to Anonymous attacks and and illegal spam act regarding your related business and digital currencies.

advantages and disadvantages of Privacy coins

Advantages.

On this platform the users benefits the privacy and security from the authorities who keep an eye on the transactions.

• The user can do non traceable transactions.
• This system is based on decentralized network.
• Any third party could not trace or see the user transactions history.

Disadvantages

• Due to its privacy an non traceable method some time the illegal or spam person may use the palateform for illegal transactions and activities.
• Some countries don't allow the use of privacy coins because these coins are based on decentralized system.

1 .

Chose a privacy coin and perform a fundamental analysis of the coin in detail.

Grin.

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There is no need to worry about privacy coins users there are some new coins in market decides the Montero , Zcash or Dash as well.
As the enovation is prevailing and technology is on the express way the blockchains experts are working day by day on the Privacy coins to secure more and hard trace the transactions on the blockchain palateform.
There is a new innovative technology called Mimblewimble which has created the Grin.

The Grin is privacy Coin based on the high standards of the privacy and did not store the information about the account holder and amounts of the transactions.it means it is the based on highest standards of decentralised network.Grin is one of top seven privacy coins.

There For this model of blockchain network provides the blockchain history that is very easy to download , verification and synchronization. On this palateform the standard s is very high and it's very hard to trace the sender or receiver
Of blockchain payments.

Because of innovative the technology used in this blockchain network.There is also appear the complexity to counter the highest level of security.The new users face the challenges on after creating account the Grin launched in 2019 but still not reached at any specific level of adoption.
As per coin market cap the Grin ranked 530 and has the capital of US 30 million dollar.The Grin is like to other crypto Currencies is analyze to predicts it's futures.

Which exchanges palateform support Grin

HitBTC is a palateform that's provides crypto currency into bitcoin and also trade and convert into your digital crypto currency and trade your desire market places.you are securely trade Bitcoin ,Ethereum and EOS and so many others crypto currencies.this palateform uses to very easy and accessible to navigate.HitBTC around the world crypto currency place that established in 2013.This palateform offers to secure and confidential ,fastest 24/7 exchange to Grinto BTC and more others crypto currencies.

Grin Market value

The rank of Grin in market is 343
Market Capitalisation of Grin is US 26.36 Millions
24 Hours Volume is US 5.79 millions
Fully diluted market cap is US 26.36

Difference between Bitcoin and Grin

Bitcoin	Grin
. Transcrions are	. Concealed
totally secure from	. Homorphic encryption
Anonymous attack.	.no addresses
.Works all top of the	.no amount
The well known market	. transactions are
exchange.	spends to others can
.Sender and receiver	merge in a block to
transactions are not	from only one, removing
Traceable.	All intermediate
	information.

2. Create a wallet of Grin ( Privacy Coins )

There are many types of Privacy wallet.that are working in crypto currencies.every privacy has its own wallet.Now that time I am participate to run and install Privacy Coins wallet.I am searching many privacy coins wallet but I chose Grin Privacy Wallet.

1 Go to Google play store and search Grin privacy Wallet.
First of all go the Goole play store and download The Grin Privacy Wallet.

2. Starts Grin software for downloading.

3. Installing Grin Software in device.

After downloading the Grin software.i am select install application Button and then Starts installation of software.

4 . Create new Grin wallet

After installing Grin software in my device. There after I chose option written below ( Create New Wallet or Chose existing wallet.I am selecting creating new wallet.

5 . Chose account title And Generate Passwords

In this screenshot I have to done my account title and generated password to run my wallet.it is very easy to create new privacy wallet and generated password for my wallet.Passwords you Created is also unique and different no one guess your personal Privacy wallet password.

6 . Run Grin Wallet

After creating my account title and generated password.there after my Grin Wallet is active working mode.

7. Wallet active for transcrions.

In this phase my wallet is in active mode and ready for new transactions.Transctions depends on you by using sender and receiver method in Wallet.

8. Make Sure Your wallet is reachable at any time

For easy access of your wallet you will chose smart ideas for using internet.for secure transcrions you will chose encryptions methods and also use QR codes for secure and confidential information of your transactions

9. History of your transactions

Transactions History is very important to any wallet users because history provides us a detail essay about our trades Sender and receivers transactions.

10. Detailed view of wallet History.

In this screenshot helps us to to view our transactions history.

All above activities I am discussing about how to install Grin Privacy Coin .is that all above mentions the keys to became a new privacy wallet.Wallet Make your transactions secure and confidential for using encryption algorithms.All of precoius data and money save and protected by **Privacy Coins.

3 . Why I chose the Grin as a Privacy Coins ?

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I choose the grin privacy coin for its highest level of security about the transactions and there is no any space for the traces of the transactions because of its innovative technology Mimblewimble . Any third party could not trace the transactions made by the owner of account. The regulatory authorities of any country have no interference and have no authority to check the transaction history of any account because the block blockchain experts have made this coin untraceable due to its highest level of privacy and the account store not any history about the transactions on the account. These security measures taken by the blockchain experts made this coin unconquerable for the regulatory authorities and hackers. I know this is not a well-known privacy coin but it in 2021 it is is one of the the top 7 private sequence off the blockchain network. Due to all these positive indicators of the market and privacy measures taken by the Grin Network, I choose this privacy coin for the submission of the homework of professor @levycore
The most recent market value off the Grin privacy coin is given below.

Grin Market Value.

The most recent rank of the green in in market is 343 e and the market capitalization off green is around $30 million and the volume of 24 hours is $5.79 million.

Advantages.

On this platform the users benefits the privacy and security from the authorities who keep an eye on the transactions.

• The user can do non traceable transactions.
• This system is based on decentralized network.
• Any third party could not trace or see the user transactions history.

Disadvantages

• Due to its privacy an non traceable method some time the illegal or spam person may use the palateform for illegal transactions and activities.
• Some countries don't allow the use of privacy coins because these coins are based on decentralized system.

4. Conclusion

To conclude this lengthy and full of information article at the end we can say, Grin is one of the the top 7 privacy coins in 2021 and fesilitate it's account holders with the highest level of privacy 🔏. It very difficult to trace the transactions history on Grin* privacy coin due to innovative technology Mimblewimble used by the this network and this network never hold the transaction history of any account holder. The Grin privacy coin is based on the decentralized network which is not regularized by any authority of country. It fasilitate the account users with fool proof security.

This is my first homework submission in the SteemCryptoAcademy . I hope the Professor @levicore will like my first effort and appriciate my post in this learning and full of knowledge community.
I learned a lot from the given lecture by professor @levycore .
Cc:
Professor @levycore
Regards:
@ansari00046