Review on Monero by Sergio Daniel Delgado
Monero, Alias anonymity.
At first glance, Monero is one more virtual currency that currently exists in the market, It was created in 2014 and due to the characteristics that most of its creators have not wanted unveil Their identity.
Although it has been in the market for several years, it has not been until recently when Monero has become known. The main cause is none other than this virtual currency has become very popular in part From the black internet market.
As we have seen, Monero is a cryptocurrency that focuses mainly on giving users maximum privacy so that everyone can enjoy anonymity at the time of carrying out your transactions. In any case and despite the fact that this is one of its important characteristics, it also presents others that should be highlighted, Just like its independent system, with no transaction limits, easy exchange between currencies, creates addresses for home transactions and has an anonymous protocol
Although anonymity is an essential feature in most cryptocurrencies, Monero takes it to the limit, so much so that it not only hides the data from the sender of the transaction, It also does the same with the recipients the amounts.
Pros
- Total anonymity in transactions
- Independent system, its activity is not regulated by any public entity or organization.
- The system does not include limits to group your transactions, you can create all the blocks that are needed sim that there is a maximum size between them
Cons
- So much anonymity could generate distrust in some users
