What Anoncoin does

Anoncoin is a privacy-focused cryptocurrency launched in 2013 and built on a fork of the Litecoin/Bitcoin codebase. It serves three primary user groups: privacy-conscious individuals seeking anonymous digital cash, users already operating within the I2P and Tor anonymous networks who need a native crypto rail, and CPU/GPU miners attracted by egalitarian proof-of-work mining after the 2018 hardfork. The protocol is positioned as the only cryptocurrency with full native I2P integration, and it combines the Zerocoin zero-knowledge proof protocol (implemented via trustless RSA UFO accumulators) with I2P-based peer-to-peer communication protected by four layers of encryption. The wallet stack consists of Anoncoin-Qt (GUI), anoncoind (daemon), and anoncoin-cli, available across Windows, macOS, and Linux.

The technical architecture rests on three proprietary components: the GroundRod PID Retarget Algorithm that stabilizes block spacing at roughly 180 seconds, the GOST R 34.11-2012 hashing algorithm adopted via hardfork at block 871111 in July 2018 to displace Scrypt and ASIC mining, and the Zerocoin protocol using 13 RSA UFOs of 3840 bits each, generated through a distributed-computing factorization project spanning approximately 75 days and 8 core-years of compute. Block reward is currently 1.25 ANC, with regular halvings. The project is exploring a planned successor called Anoncash, which would replace Anoncoin and migrate ANC holders at a yet-to-be-determined ratio.

Anoncoin has no formal corporate structure, no venture or institutional funding, and no disclosed revenue. It is maintained by a volunteer developer team of roughly 11 contributors led by founder Meeh (with GroundRod, K1773R, Gnosis, Orignal, Mrebum, Lunokhod, Cryptoslave, Frankh4x, Oyvkva, Killertaco, and JSX). Operations are funded through community donations; distribution occurs via cryptocurrency exchanges (FreiExchange, MiraiExchange, NovaExchange, ExchangeD.i2p) and direct wallet downloads from GitHub. Marketing is entirely community-driven across Bitcointalk, Reddit, Slack, YouTube, Twitter, and Facebook. As a privacy-preserving protocol with no monetization of user activity, the project's economics are entirely aligned with token-holder and miner value rather than enterprise revenue capture.

Name

Anoncoin

Legal name

Anoncoin

Website

https://anoncoin.github.io/

Company type

Private

Founded year

2013

Operating status

Operating

Short description

Anoncoin is a privacy-focused cryptocurrency launched in 2013, combining the Zerocoin zero-knowledge proof protocol with native I2P darknet integration. It serves privacy-conscious users, I2P/Tor network participants, and CPU/GPU miners through a volunteer-run, donation-funded open-source project.

Ownership category

akta.pro rank

Product category

Privacy Cryptocurrency

NAICS

Securities and Commodity Exchanges (5232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industry

Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB)

Keywords

• Privacy cryptocurrency
• Anonymous digital currency
• Zerocoin protocol
• I2p network integration
• Decentralized blockchain

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Block Rewards: Mining rewards for securing the blockchain. Current block reward is 1.25 ANC, with regular halving events. Post-hardfork uses GOST R 34.11-2012 proof-of-work consensus
2. Transaction Fees: Network transaction fees paid by users for processing transactions on the Anoncoin blockchain

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels9 records

Core offering

Anoncoin is a privacy-focused cryptocurrency built on a Bitcoin/Litecoin codebase that issues the ANC digital token. It bundles a desktop wallet (Anoncoin Core / Anoncoin-Qt) with native I2P darknet routing and the Zerocoin protocol (trustless RSA UFO setup) so users can transact with provable on-chain anonymity and network-level privacy. The project distributes ANC through public exchanges and supports CPU/GPU mining using the GOST R 34.11-2012 proof-of-work algorithm.

Product overview

Anoncoin is a privacy-focused cryptocurrency built on a Litecoin/Bitcoin codebase with native I2P network integration. The product portfolio consists of Anoncoin Core (Anoncoin-Qt GUI wallet, anoncoind daemon, and anoncoin-cli), which supports both standard transactions and Zerocoin anonymous transactions via RSA UFO-based trustless setup. Anoncash is a planned successor that will replace Anoncoin. The mining system uses GOST R 34.11-2012 proof-of-work with a proprietary PID-based difficulty retargeting algorithm.

Differentiator

Problem solved

Functional benefit

Brands

• Anoncash: The next generation of private digital cash, being developed by the Anoncoin core team. Anoncoin will cease to exist once Anoncash is released. ANC holders will receive Anoncash in a ratio yet to be decided.

Products and services

• Anoncoin Core / Anoncoin-Qt Wallet Official Anoncoin desktop wallet client based on Bitcoin-Qt/Litecoin-Qt, available as a Qt GUI (anoncoin-qtc), a headless daemon (anoncoind), and a CLI tool (anoncoin-cli). Supports the I2P darknet, alerts users when running on clearnet, enables Zerocoin anonymous transactions, and runs on Windows, macOS, and Linux.
• Anoncoin Cryptocurrency (ANC token) The ANC digital currency issued on the Anoncoin blockchain, with a current block reward of 1.25 ANC. Supports standard transactions and Zerocoin anonymous transactions, and is tradable on Mirai Exchange, FreiExchange, NovaExchange, and ExchangeD.i2p.
• Anoncoin Mining Software / Solo Mining CPU/GPU proof-of-work mining for ANC using the GOST R 34.11-2012 hashing algorithm introduced at the July 2018 hardfork. Currently operated primarily as solo mining because no mining pools have confirmed support for the new PoW, with block spacing stabilized at ~180 seconds by the GroundRod PID retarget algorithm.

Quantifiable outcome

• 100% provable anonymity for Zerocoin transactions through zero-knowledge proofs
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core and minor.

• I2P (Invisible Internet Project)coreTechnology or IntegrationAnoncoin maintains close relationship with I2P network, accepting donations for I2P development. Anoncoin is the only cryptocurrency natively integrated with I2P, using its anonymous overlay network for all peer-to-peer communications with four layers of encryption.
• Abyss (Community Member)minorOthersCreator of ExchangeD.i2p - the first anonymous cryptocurrency exchange, built for I2P and Tor networks. Contributed significant infrastructure to Anoncoin ecosystem

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Monero: The leading privacy-focused cryptocurrency using ring signatures, RingCT, and stealth addresses. Directly comparable as the dominant 'privacy coin' that Anoncoin competes with for the same privacy-maximalist user base, though Monero focuses on transaction-level rather than network-level anonymity.
• Zcash: Privacy cryptocurrency built on the original Zerocoin/ZKP protocol with shielded transactions. Anoncoin's Zerocoin implementation directly descends from this lineage; both target users wanting provably anonymous transactions.
• Firo (formerly Zcoin): Privacy coin that originally deployed the Zerocoin protocol using RSA accumulators. Most direct technical peer to Anoncoin's Zerocoin-with-RSA-UFOs approach; both share the same cryptographic heritage and target users seeking trustless anonymity.
• Verge: Privacy-oriented cryptocurrency that integrates both Tor and I2P for network anonymity. Comparable to Anoncoin's native I2P+Tor dual-stack approach; both target users wanting network-level privacy, though Verge uses different anonymity mechanisms (Wraith Protocol) for transactions.
• Dash: Privacy-optional cryptocurrency (originally Darkcoin) with PrivateSend mixing. Comparable as a 'privacy coin' though Dash has broader payments positioning; useful as a benchmark for mainstream privacy-coin adoption and regulatory treatment.
• PIVX: Privacy-focused Proof-of-Stake cryptocurrency using zk-SNARKs (Sapling) for shielded transactions. Comparable as a small-to-mid-cap privacy coin targeting similar activist/journalist user segments.
• Pirate Chain: Privacy-focused cryptocurrency enforcing mandatory private transactions via zk-SNARKs. Comparable as a niche, ideologically-driven privacy coin competing for the same privacy-maximalist niche.
• Bytecoin: One of the earliest CryptoNote-based privacy coins. Comparable as an older, smaller-cap privacy coin that has experienced similar delisting pressures and developer attrition.

Emerging players

• Horizen: Privacy-focused blockchain platform using zk-SNARKs with sidechain model. Comparable for its privacy-tech approach but broader in scope (platform vs. pure currency), positioning it as adjacent competition.
• Secret Network: Privacy-preserving smart contract blockchain with encrypted state using Intel SGX/TEE. Comparable for the broader 'private on-chain computation' thesis though targeted at programmable privacy rather than cash use cases.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/anoncoinproject
• GitHubgithub.com/Anoncoin/anoncoin
• YouTubeyoutube.com/channel/UCwKSmUNcoRrBwm-kdsl1n2w
• Facebookfacebook.com/Anoncoin

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Anoncoin