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About Anoncoin

What Is Anoncoin (ANC)?

Anoncoin is a decentralized network that provides robust security to the users by making it difficult to determine their IP address. Anon aims to focus on the anonymity and privacy of users. As per its website, Anoncoin was created to provide a cryptocurrency that could withstand an eventual crackdown from central banks and hostile governments.

The website of the Anoncoin network states that specific cryptocurrencies only seek to enrich the developers financially, whereas Anoncoin is based on transparency and fair initial coin distribution to maintain the proper liquidity of the token. In other cryptocurrencies, transactions are stored in the public ledger, which results in tracking the history of any payment by third parties. The identity and full transaction history of a user can be compromised by using information outside of the blockchain, such as digital currency transactions with real-world firms and financial institutions, or the broadcasting of public addresses on websites. Thus, Anoncoin has been developed with in-built support for the I2P darknet that helps protect users' identities. I2P is an Invisible Internet Project that aims to protect communication from surveillance and monitoring by third parties.

Anoncoin network is managed by decentralized miners who process transactions into blocks. Such blocks are then added to the public blockchain, and with the creation of each block, a certain amount of Anoncoin (ANC) is created that is rewarded to the miner.

Anoncoin network aims to provide exchanges for the users to buy or sell Anoncoin for other coins of traditional currencies. The creation of new Anoncoin (ANC) rewards the miners for processing transactions into blocks. The mining is conducted through Proof-of-Work (PoW) using the scrypt hashing function. Scrypt is a password-based key derivation algorithm developed to prevent large-scale custom hardware attacks by making the process costly.

As per its website, Anoncoin plans to take a transition from PoW to Anoncash. Anoncash are private digital funds developed by the team of Anoncoin. It is a hard-forked version of Anoncoin, developed to fix a technical bug in the previous version of the Anoncoin network. The team aims to cease the existence of Anoncoin after the release of Anoncash.

History of Anoncoin (ANC)

Anoncoin was released in 2013. The total supply of ANC is 3,103,954. According to the website of Anoncoin, there are four active developers of the network who have expertise in solving internet privacy issues.


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Anoncoin is on the rise this week.

The price of Anoncoin has risen by 2.59% in the past 7 days. The price increased by 7.63% in the last 24 hours. In just the past hour, the price grew by 0.43%. The current price is $0.0357 per ANC. Anoncoin is 99.72% below the all time high of $12.93.

The current circulating supply is 0 ANC.


What is the current price of Anoncoin?

We update our Anoncoin to USD currency in real-time. Get the live price of Anoncoin on Coinbase.

What is the market cap of Anoncoin?

The current market cap of Anoncoin is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Anoncoin?

The all-time high of Anoncoin is $12.93. This all-time high is highest price paid for Anoncoin since it was launched.

What is the 24 hour trading volume of Anoncoin?

Over the last 24 hours, the trading volume of Anoncoin is $74.32.

What other assets are similar to Anoncoin?

Assets that have a similar market cap to Anoncoin include GYSR, Burrow, AMLT, and many others. To see a full list, see our comparable market cap assets.

How many Anoncoin are there?

The current circulating supply of Anoncoin is 0.

Can I buy Anoncoin on Coinbase?

No, Anoncoin is not currently available on Coinbase, but you can sign up to get the latest news on Anoncoin and be notified when it gets added to our exchange.

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