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Author Topic: Why Monero(XMR) is so popular  (Read 5166 times)

Offline blue

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Re: Why Monero(XMR) is so popular
« Reply #15 on: November 08, 2021, 08:37:48 AM »
Monero is popular in the cryptomarket but this coin is not a competitor of ethereum and BTC but this is popular in privacy coins section monero has popular untraceable technology so you can make payments without foot prints no one can track your monero transactions.
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Re: Why Monero(XMR) is so popular
« Reply #15 on: November 08, 2021, 08:37:48 AM »

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Offline Kitme

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Re: Why Monero(XMR) is so popular
« Reply #16 on: May 17, 2022, 04:57:37 PM »
Monero is a good privacy coin it has power ful untraceable technology it has many advantages it has good developers also this technology is growing everyday coming months monero will add many good advantages so it attracting lot of users

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Offline whitenem

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Re: Why Monero(XMR) is so popular
« Reply #17 on: January 07, 2024, 02:58:13 PM »
Monero is number one privacy coin all crypto users agree with this statement. It has a unique position in the crypto market. So lot of users believe in this coin also this is popular in dark web for privacy transactions.

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Offline anshor1

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Re: Why Monero(XMR) is so popular
« Reply #18 on: January 10, 2024, 08:00:06 PM »
Monero is number one privacy coin all crypto users agree with this statement. It has a unique position in the crypto market. So lot of users believe in this coin also this is popular in dark web for privacy transactions.

Agree, I think Monero is the best privacy coin that no has been used by many investors who want do privacy transaction.
It's good coin to do it.
But , beware at several countries has been banned ..

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Offline ABCbits

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Re: Why Monero(XMR) is so popular
« Reply #19 on: January 17, 2024, 01:30:09 PM »
2. CPU only mining - Monero is a CPU mining coin. So you wouldn't need expensive mining rigs to mine it. The Random-x algorithm is specifically made for CPU mining. That's what I believe is the major reason for its popularity.

While it's true, technically it's possible to mine Monero at GPU. Although you'll mine at loss.


Monero is number one privacy coin all crypto users agree with this statement. It has a unique position in the crypto market. So lot of users believe in this coin also this is popular in dark web for privacy transactions.

Except CoinDesk stated the popularity isn't limited on dark web or drugs.
...Tumbler.io......Because.Your.Privacy.Matters......Bitcoin.Mixer...


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Re: Why Monero(XMR) is so popular
« Reply #21 on: January 31, 2024, 03:25:54 PM »
Even if this is an old thread, I'd add an important reason why Monero is so popular which hasn't been mentioned.

It's a decentralized cryptocurrency with no central "managers". The launch was relatively fair, although there seems to have been some instamine by a selected group. But most other "privacy coins" were much worse. Zcash for example had a premine (which benefitted the founders enormously), Dash had a much larger instamine than XMR, and let's not talk about Bytecoin (Monero's "sister currency").

Until now, the Monero community keeps its decentralized flavour. The only other privacy coin I know with similar "ethics" like Monero is Grin.

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Re: Why Monero(XMR) is so popular
« Reply #21 on: January 31, 2024, 03:25:54 PM »


Offline dekafee79

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Re: Why Monero(XMR) is so popular
« Reply #22 on: February 11, 2024, 11:11:12 AM »

But for Monero, it can be privacy without having to go through Mixer because the transaction only provides the destination wallet without any nominal being given.

Yeah, monero is good privacy coin. It's good if you want do private transaction, I personally ever used it at the past.
People which want to be anonymous can use it.
Many people said, monero is the best privacy coin, I agree with this.

 

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