Bitcoin VS Old Bitcoin
Bitcoin is the first cryptocurrency that was created by Satoshi Nakamoto in 2009 in response to the financial crisis of 2008. It quickly became popular because of the idea which vehicle but also the growing enthusiasm of the community for trading or crypto project. Its success has inspired many other projects such as Ethereum or Ripple. Bitcoin is now considered the mother currency of the entire crypto ecosystem and its price has a huge impact on the entire market.
Bitcoin Confidential is a bitcoin blockchain implementation that includes privacy enhancements. Bitcoin Confidential is designed to be used by bitcoin companies and bitcoin users in order to improve bitcoin's fungibility, which is the ability for bitcoin to substitute as an alternative currency with other fiat currencies. Bitcoin Confidential aims to achieve this by using zero-knowledge proofs of knowledge (zk-SNARKs) and ring signatures, as well as implementing confidential transactions on top of bitcoin's UTXO model.
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