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Author Topic: Why Monero is different?  (Read 11258 times)

Offline Niko

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Why Monero is different?
« on: September 22, 2018, 02:22:43 PM »
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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Why Monero is different?
« on: September 22, 2018, 02:22:43 PM »

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Offline Bolasodok86

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Re: Why Monero is different?
« Reply #1 on: September 24, 2018, 01:41:11 PM »
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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Offline Jetski

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Re: Why Monero is different?
« Reply #2 on: September 28, 2018, 05:39:23 PM »
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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Offline joy73

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Re: Why Monero is different?
« Reply #3 on: September 29, 2018, 05:30:57 PM »
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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Offline VK.point

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Re: Why Monero is different?
« Reply #4 on: January 23, 2019, 11:31:03 AM »
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.

Offline GasX

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Re: Why Monero is different?
« Reply #5 on: January 31, 2019, 01:52:41 AM »
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.

Offline masudginanjar

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Re: Why Monero is different?
« Reply #6 on: February 01, 2019, 07:13:25 AM »
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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Re: Why Monero is different?
« Reply #6 on: February 01, 2019, 07:13:25 AM »


Offline Hadley

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Re: Why Monero is different?
« Reply #7 on: February 03, 2019, 02:50:37 PM »
I think that because Monero is created for anonymous transactions and payment. It’s the main difference to all others coin on the market

Offline Bobcrypto

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Re: Why Monero is different?
« Reply #8 on: February 05, 2019, 09:29:40 PM »
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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Offline TanPhan

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Re: Why Monero is different?
« Reply #9 on: February 10, 2019, 09:28:30 AM »
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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Re: Why Monero is different?
« Reply #10 on: September 03, 2020, 10:40:40 AM »
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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Re: Why Monero is different?
« Reply #11 on: September 03, 2020, 03:34:19 PM »
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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Offline satpol_PP

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Re: Why Monero is different?
« Reply #12 on: October 04, 2020, 05:47:08 PM »
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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Re: Why Monero is different?
« Reply #13 on: November 04, 2020, 12:46:09 PM »
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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Re: Why Monero is different?
« Reply #14 on: November 05, 2020, 08:24:21 AM »
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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