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Review on Monero by kalia jame
Overall monero is private and untracable blockchain and which specialized inβ¦
Overall monero is private and untracable blockchain and which specialized in providing privacy and anonimoty to users, wallets and transactions
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Pros
- Monero is the decentralized , secure and private cryptocurrency. Any government companies, or third party cannot trace the transaction of monero blockchain. Monero is fungible ,which means that one Monero will always be equal to another. also Monero acquires hivg volume and marketcap in crypto market.
Cons
- Monero's transaction fees are scaling with the price of the token, just like bitcoin. Does not benefit users. Transaction sizes on the blockchain are much larger than Bitcoin. As it is private and untracable many illiegal activities are done by monero
