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It's an online encrypted software that generates free Ethereums to your platform's wallet account. It uses a peer-to-peer cryptography system that generates the cryptocurrency (Ethereum) into your account (wallet). Generated through a process called "mining", it represents a transaction verifier by creating a transaction block.
For example, Monero is known to have an anonymity set of 16 due to its use of rings, while zero-knowledge-based cryptocurrencies such as Zcash have a global anonymity set, usually reaching into the millions. The anonymity set is important for breaking the linkability analysis between a sender and a recipient.
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