The cryptocurrency Monero (XMR) focuses on privacy. Monero uses ring signatures, ring confidential transactions, and stealth addresses. These keep the transaction origin, destination, and amount private. This allows anonymity to Monero users with private transaction trails. However, Ethereum brought smart contracts, DApps, and the “Ethereum Virtual Machine”. Together, these provide the ability for entrepreneurs to create decentralized business models. Hundreds of such entrepreneurs have already launched their decentralized businesses, with most “Initial Coin Offerings” (ICOs) taking place using the Ethereum platform.