Review on Monero by Olivia Jones
Monero - Easy way to all to mine cryptocurrency
The priority for this coin is transaction privacy; it conceals the sender and receiver's identities. Its greatest benefit is in the mining process, where it is as egalitarian as feasible.
Its primary issue is connected to the use that is made of this cryptocurrency; because it preserves the anonymity of transactions, it is accused of providing financing for terrorists or money laundering through this asset.
It has shown to be one of the most stable assets in the cryptocurrency market over time, remaining among the market's major assets, with strong transaction liquidity, far exceeding the quantity of XMR accessible with a little amount, and therefore maintaining a high price.
Pros
- enables transactions to be carried out in an anonymous manner. The mining procedure equalizes the distribution for everyone.
Cons
- Because of its structure, cyber thieves can use it to cryptohack.
