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Cryptocurrency Ecosystem => Privacy Coins Forum => Monero Forum => Topic started by: riponsumo on June 18, 2018, 12:00:24 PM

Title: Fungibility and Reception
Post by: riponsumo on June 18, 2018, 12:00:24 PM
Fungibility and Reception


By giving an abnormal state of security, monero offers fungibility, implying that every individual unit of a money can be substituted for another. Another method for putting this is each coin has rise to esteem.

Since the exchange history of individual bitcoins is recorded on the blockchain, coins that have been related with specific occasions, similar to burglary, could be avoided by dealers and trades.

Because of monero's untraceable nature, no two coins are discernable from each other, and they are both equivalent according to vendors. Without this level of fungibility, a seller that acknowledges digital currency may decline a unit of one of these benefits as a result of its past exchange history.
Title: Re: Fungibility and Reception
Post by: riponsumo on June 18, 2018, 12:02:20 PM
Along these lines, monero (XMR) has delighted in an enduring increment in appropriation since its discharge. Dim web commercial centers including AlphaBay and Oasis have grasped the digital currency, apparently because of prevalent request.

"Following the request from the group, and considering the security highlights of monero, we chose to add it to our commercial center," the official statement expressed.

Desert garden received the money soon thereafter, and the supports of these two dull web markets incited huge media scope.