Review on Monero by evita parra
Monero guarantees privacy in your transactions
When investing in cryptocurrencies; e-commerce users evaluate several variables that guarantee the security and comfortable experience of the digital market.
In this sense, the cryptographic market offers its users a blockchain alternative that guarantees private, immutable and anonymous transactions. This alternative is called Monero.
Monero is a digital asset whose origins date back to 2014.
What makes Monero (XMR) stand out from the rest of the digital currencies?
• It is a currency not subject to regulation by any entity
• It is an open source platform visible to the public.
• It can be run by using the most popular operating systems: Linux, Windows, Mac, BSD and Android devices.
• Has a robust technological infrastructure; that allows integrating various security, privacy and anonymity protocols within the same blockchain.
• Its mining works under the Proof of Stake working algorithm, which allows simple computer equipment to be integrated into the network or without such a high level of technological demand.
• Employs a multi-signature mechanism that guarantees that transactions cannot be traced; by hiding their addresses. This is also due to the fungibility of the currency.
All these qualities put the cryptocurrency Monero (XMR) in the preferential place with respect to many blockchains; as it meets the most demanding user expectations.
Pros
- Allows anonymous transfers
- It is a public protocol
- Has interface with multiple operating systems
Cons
- Unstable value of the coin
