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maturín
4 Level
224 Review
288.25 Karma

Review on Monero by gregori cordova

Revainrating 3 out of 5

controversy and security at the same time with monero

Well, we all know that monero is one of the most dubious cryptocurrencies in the current market, not only because it is the most private of all, but because it may be being used due to this to commit illicit acts on the dark web and in cybercrime. Many of us want to handle our transactions privately, which is why this cryptocurrency is so appealing to criminals, as it helps them stay undercover. It has very advantageous characteristics for those who do not like to be watched, which is somewhat legal, but there are many people who have not poured their trust in this cryptocurrency for the same reason that they do not feel safe knowing that there could be some type of regulation in the future.



Pros
  • This cryptocurrency has had a gigantic growth since 2016, which has positioned it in the top 20 of the most reliable cryptocurrencies.
  • It has a huge advantage over other public cryptocurrencies like bitcoin, since its transactions cannot be tracked
  • They have a very powerful software that can be used in most systems like mac, linux, windows and even android.
Cons
  • It is evident that there are a large number of cybercrimes currently carried out through this cryptocurrency, due to its almost impossible characteristic to leave a mark on your transactions.
  • Very difficult to understand for begginners.
  • a supply limit is currently unknown
  • very complex to know the amounts we have in our wallets.

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