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Why Monero is the best?
MONERO: The Privacy Coin While there are other options that aim to give users private digital currency, none offer the same security of Monero. The secret to this system is its nature as a decentralized cryptocurrency. In other words, this is a type of secure digital cash that a network filled with users operates.
What makes Monero unique?
Monero, or XMR, is untraceable. Unlike other coins, such as Bitcoin, Monero has a non-traceable transaction history. This characteristic offers participants a much safer network where they don't run the risk of having their held units be refused or blacklisted by others.
Does Monero have future?
Monero Price Prediction 2024 Based on the technical analysis by cryptocurrency experts regarding the prices of Monero, in 2024, XMR is expected to have the following minimum and maximum prices: about $283.06 and $352.31, respectively. The average expected trading cost is $293.46.
Is Monero better than Bitcoin?
Although BTC is the undisputed champion when it comes to overall market cap and trading volume, Monero (XMR) delivers something unique as it is a privacy coin – a cryptocurrency that hides data about its users.
How many Monero are left?
Monero
| Denominations | |
|---|---|
| Block reward | XMR 0.6 |
| Block time | 2 minutes |
| Block explorer | xmrchain.net |
| Circulating supply | ~XMR 18.2 million |
Is Monero 100% private?
Monero transactions are confidential and untraceable. Unlike selectively transparent alternatives (e.g. Zcash), Monero is the only major cryptocurrency where every user is anonymous by default.
Why Monero is not popular?
Although some use Monero for ransomware and other illegal activities, other users just don't want a public record of their cryptocurrency transactions. Monero does have its potential issues. Countries have banned it and exchanges have delisted it.
Will Monero get delisted?
The tokens that will be delisted on Sept 19 include Zcash, Monero, Dash, Decred, Firo, and Verge.
Who owns Monero?
Monero
| Denominations | |
|---|---|
| Original author(s) | Nicolas van Saberhagen |
| White paper | "CryptoNote v 2.0" |
| Initial release | 18 April 2014 |
| Latest release | 0.18.1.2 / 29 September 2022 |
Is Monero illegal?
Is Using Monero Illegal? While the privacy and anonymity Monero offers have been abused in relation to cyber attacks like the infamous WannaCry outbreak of 2017, using, owning, and mining it is not illegal per se although some exchanges in Australia and South Korea delisted it.
Can Monero be banned?
Although some use Monero for ransomware and other illegal activities, other users just don't want a public record of their cryptocurrency transactions. Monero does have its potential issues. Countries have banned it and exchanges have delisted it.
Monero vs. Bitcoin: Which is the True King of Privacy?
https://www.exodus.com/news/monero-vs-bitcoin/
Monero beats Bitcoin on privacy, fungibility, transaction fees, and mining algorithm.
Monero vs. Bitcoin: Which is the True King of Privacy?
Monero applies a key system that is different from Bitcoin or Ethereum – certain currencies operate with one set of keys: public and private.
Top 5 Reasons Monero Is The KING of Crypto – YouTube
Why Monero is the Best CryptoCurrency | by Elijah Lopez
https://medium.datadriveninvestor.com/why-monero-is-the-best-cryptocurrency-2933fe2669fa
A comprehensive guide as to why Monero is the king of all cryptos when it comes to fulfilling the role of money or a real currency.
Monero: The Cryptocurrency King: The five key fundamentals …
There are many misleading and false statements in this book. For example, the author says, “Monero is used primarily by owners of Bitcoin to break links between …
Monero King (@Monero_King) / Twitter
https://mobile.twitter.com/monero_king
Monero: –faster on chain –cheaper on chain —private by default Bitcoin: slower, more expensive, and butt-naked without employing the right tools. Monero will …
Why Monero Could Be an Uncertainty Hedge in the Crypto …
https://www.fool.com/investing/2022/01/31/why-monero-could-be-an-uncertainty-hedge-in-the-cr/
Privacy tokens such as Monero (XMR -2.47%) are gaining traction right now relative to other top tokens as a way to hedge concerns around a …
Why Monero $XMR is Still the Undisputed King of Privacy Coins
Why Monero $XMR is Still the Undisputed King of Privacy Coins from Monero
And this isn’t unique to Monero. Only a few cryptocurrencies can support extremely high transaction throughput and most of them are kinda …
Monero the King of Darknet : r/xmrtrader – Reddit
61 votes, 35 comments. Hi, In this video we verify the Myth, is Monero really the King of darknet: https://youtu.be/o98j1zLn0kE Hope it’s …
Explainer: 'Privacy coin' Monero offers near total anonymity
https://www.reuters.com/article/us-crypto-currencies-altcoins-explainer/privacy-coin-monero-offers-near-total-anonymity-idUSKCN1SL0F0
LONDON (Reuters) – Bitcoin’s share of the cryptocurrency market is sliding, with a host of alternative digital coins gaining ground as …