Review on Monero by Emilija Jensen

Name: Monero
Item: Monero
Rating: 5

September 10, 2018

Monero is a secure, private and untraceable currency system. Monero uses a…

Monero is a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable. In this guide, we will see the mechanics behind Monero and see what makes it so special. It is good money in my personal opinion
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Pros

Monero Full privacy: uses 3 different technologies to hide sender, receiver, as well as the amount transferred. A quote from the official website: “In monero, there is no way to accidentally send a transparent transaction.” It seems to be the number one privacy blockchain option currently. It is too good for the privacy rights of each individual

Cons

Does not have a standard voting system for the project changes: Suggestions for the network can be posted on the forum, but Monero developers will decide themselves on which to adopt. I think it will soon be in the near future