Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Privacy Coins Forum => Monero Forum => Topic started by: riponsumo on June 18, 2018, 11:54:28 AM
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How Private Is Monero?
Monero uses a cryptographically sound system to allow you to send and receive funds without your transactions being easily revealed on the blockchain (the distributed ledger of transactions).
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;D This ensures that your purchases, receipts, and all transfers remain absolutely private by default. 8)
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Both offer very good privacy, but are completely different. Monero is more practical (specifically addressing known issues),
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this is very fun and this is what many people are looking for ease, I am very happy with monero coins, because I really believe that monero coin is a very good coin
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I read this somewhere recently “Monero's privacy algorithm has a potential vulnerability that makes it possible for researchers to be able to trace around 80% of Monero transactions, a recent paper states. This is a significant hit on the deep web’s favored privacy coin that claims to offer untraceable transactions that are truly anonymous and cannot be traced along the blockchain.” If this is indeed true then there is a problem with Monero’s privacy.
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Its private like a hash address hashed again 10 times. Using this ring ct its almost impossible to trace the sender or receiver. Its good to have this privacy but sometime who are those people you're dealing with.
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i think monero is the most private coin nowaday, im sure monero is private enough to make your transaction under radar, its proven by many of dark job nowaday paid in monero
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This is very good and this is a very interesting development for Monero, and this will be a very potential future.
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it's very good and I think that way it will be easier to make transactions, and will increase the future of monero to become a better coin.
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In my opinion monero is one of the best private coin at the moment and I'm sure monero is private enough to make your transaction not traceable and the fact in the dark web they still using monero for the transaction.
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I'm looking for some recommendations for a Monero mining pool, I know there is a list in the OP but I'm hoping for recommendations from those who are currently mining on a pool they would recommend. The ones I've previously used are MiningPoolHub, MineXMR and Dwarfpool but I want to try out another one.
(must have a European port available)
Thanks.
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it is absolutely true and I think that in such a way it will make it easier to use, and that it will provide security and also a reality that is very safe for monero users.