Privacy coins have rocketed this year, fueled by the increasing ease with which bitcoin transactions can be de-anonymized and traced to real world identities. Zcash, which was a $10 coin in January, peaked at $376 in June, while monero started the year at $12 before reaching $136 in August. Now, testing of Confidential Transactions (CT) suggests that litecoin and bitcoin could follow suit by adding a privacy layer.
Bitcoin and litecoin are the OGs of crypto, the latter essentially a clone of BTC. This means that features which work on the litecoin network will often work on bitcoin and vice-versa. Segwit and the Lightning Network, for example, both made their debut on litecoin.
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