Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Privacy Coins Forum => Monero Forum => Topic started by: Niko on September 22, 2018, 02:22:43 PM
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Why Monero is different?
Monero is secure
Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.
Monero is private
Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions.
Monero is untraceable
Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain can not be linked to a particular user or real-world identity.
Monero is fungible
Monero is fungible because it is private by default. Units of Monero can not be blacklisted by vendors or exchanges due to their association in previous transactions.
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It's true that Monero is very different, but I think Monero is a decentralized digital currency that is very good and Monero has a good chance of being used for investment.
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Monero is different because it's a secure private and untraceable currency system and aside from that monero is the leading crypto currency with a focus in private and censorship resistant transactions.
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Monero is a good coin. It's one of the most different coins it's down now. So now it can be invested. You can invest in Monero. Now you can earn a lot of dollars from it in the future if you invest in it.
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Monero (XMR) is one of the open-source cryptocurrency that was created around April 2014 and has been running for almost 5 years now. Monero which focuses on fungibility, privacy and decentralization. So that the function can be enjoyed by many users.
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Monero uses Cryptonight instead of SHA-2. There are currently no ASICs available for Cryptonight, which was designed to diminish the performance gap between CPUs, GPUs, and ASICs by demanding comparatively large amounts of memory (which are commonly available in today's PCs but very expensive to have in ASICs). This means that CPU mining is still possible, whereas in Bitcoin, CPU mining is utterly pointless. The hope is that this will encourage people to mine with existing computers, preventing too much centralization, like we see in Bitcoin with a few Chinese pools having the majority of Bitcoin hash rate.
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The one you mentioned was perfect and no one missed it.
But if you continue to be in privacy, only some people will believe that.
That's why MONERO is not strong in the top 5 Coinmarketcap.
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I think that because Monero is created for anonymous transactions and payment. It’s the main difference to all others coin on the market
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Yea, one of the deference between monero and other coins is that Monero has privacy embedded in its protocol. Where Bitcoin and other coins offer privacy features as an option, Monero is one of few cryptocurrencies where privacy is both default and required. XMR is a privacy-focused cryptocurrency.
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Monero was different from these other thanks to the anonymous system and a fast speed if transaction that was using by many organizations in the world
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Why Monero is different?
Monero is secure
Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.
Monero is private
Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions.
Monero is untraceable
Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain can not be linked to a particular user or real-world identity.
Monero is fungible
Monero is fungible because it is private by default. Units of Monero can not be blacklisted by vendors or exchanges due to their association in previous transactions.
Yes monero is different than other cryptocurrencies this altcoin gives more freedom in each and every transactions so we can use this currency in the whole world wide but this is fully anonymity coin.
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Monero is different because it's a secure private and untraceable currency system and aside from that monero is the leading crypto currency with a focus in private and censorship resistant transactions.
Yes I agree mate. Monero is secure private and untraceable currency system . It is different Monero with other. I have seen many people have invested Monero for investment bad transaction. I think many hacker and criminals activities can use Monero..
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Monero is a good coin. It's one of the most different coins it's down now. So now it can be invested. You can invest in Monero. Now you can earn a lot of dollars from it in the future if you invest in it.
Yes I see Monero has shown good progress this year. Monero is private coin, It is good for private transaction. Many hacker and anonymous have used it, I also see many investors already invested in Monero and use Monero for their transactions.
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Yea, one of the deference between monero and other coins is that Monero has privacy embedded in its protocol. Where Bitcoin and other coins offer privacy features as an option, Monero is one of few cryptocurrencies where privacy is both default and required. XMR is a privacy-focused cryptocurrency.
I agree with your opinion about XMR is a privacy-focused cryptocurrency.. Monero has been used by several illegal activities and hackers because untraceable. This coin is really safe and good private transaction. I see many investors already used it for their transactions.
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Monero is different coin than other this coin is popular in dark web side because no one cannot track monero transactions but this is the best coin for investment in my experience this is the best coin for long term investments today the price of monero is $113 this year the growth of monero is high today monero's market capitalization is more than $2billion.
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Monero is different coin than other this coin is popular in dark web side because no one cannot track monero transactions but this is the best coin for investment in my experience this is the best coin for long term investments today the price of monero is $113 this year the growth of monero is high today monero's market capitalization is more than $2billion.
The main reason why Monero is different than other coin, I think monero team is always focus to improve their privacy coin..Monero is the best privacy coin than other like dash and zcash. That's my opinion
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Monero is one of the best privacy coin. I think we all know about this coin is untraceable transaction.
several investors have used this coin for their transaction and they believed about this coin is really good privacy.
That's good , but every coin has own character.
I also heard about negative issue, this coin will be blocked at several countries, because it is feared that it will be misused for illegal transactions. I hope it's just gossip.
I think It depends on you to choose which coin to invest.
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Monero's future is very bright. The popularity of cryptocurrency is constantly increasing in today's world. Cryptocurrency is becoming a much more popular currency around the world. What kind of assets are people being able to use as a means of transaction? Traditional banks have cryptocurrency transactions. So cryptocurrencies will gain popularity year after year. Believes Monero's popularity will increase. So there will be more development in the future.