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Bitsend is a decentralized cryptocurrency that focuses on privacy, speed, and security through features like Zerocoin protocol integration for anonymous transactions and a unique proof-of-work/proof-of-stake hybrid consensus mechanism. It emphasizes fast transaction confirmations and aims to serve as both a store of value and medium of exchange while maintaining user anonymity. Bitsend distinguishes itself through its commitment to privacy-centric features and community-driven development within the broader cryptocurrency ecosystem.