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Global ratings 148
  • 5
    61
  • 4
    70
  • 3
    11
  • 2
    4
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Type of review

Monero is not quite easy in terms of mining, you need a lot of memory, so mining on video cards is inefficient. It is necessary either to use cloud mining, or to mine through services on your PC or laptop I use the memory of participants of the whole system. The extracted hashes are converted to another currency, but payments are minimal. Monero has an endless emission due to the production of new blocks by miners. Therefore, the exchange rate goes without sudden fluctuations. Monero attracts

Pros
  • The standard of mining, reputation and stability
Cons
  • Not yet used in transactions among Internet services.

This coin is the best privacy oriented coin IMO. The fact that it can be mined without the fancy gear and is ASICS resistant makes it more democratic and the future is bright for this one, as more awareness about it is spread.

Pros
  • Private Untraceable Easy to mine ASICS resistant
Cons
  • GUI desktop wallet is VERY slow to sync with the blockchain on installation

A good project to invest that always prioritized their investors, holders and traders.

Pros
  • They are better than Bytecoin after they forked from it. They enhanced all the features that they got from BCN. They are also prioritizing the roadmap so all the users, traders, and investors will satisfy. And become more loyal to them.
Cons
  • Nothing much cons.

Monero may be used to purchase many goods and services. Monero has made several large improvements since launch. The blockchain was migrated to a different database structure to provide greater efficiency and flexibility, minimum ring signature sizes were set so that all transactions were private by mandate, and RingCT was implemented to hide the transaction amounts.

Pros
  • Monero uses cryptography to shield sending and receiving addresses, as well as transacted amounts. Monero transactions are confidential and untraceable. Monero cannot become tainted through participation in previous transactions. This means Monero will always be accepted without the risk of censorship. Monero provides the maximum amount of decentralization.
Cons
  • no cons

Revainrating 2 out of 5

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Pros
  • Monero is on of the best Projects i have seen
Cons
  • Monero means he is NR1 - Nobody is better - They Rule them all

A number #1 cryptocurrency, with a lot of development which will resolve issues without scammy 2nd layers.

Pros
  • AAA+ coin. Increadibly mature community, a lot of issues resolved like block size adjustment, privacy on a level that surpass any needs. Also asic-resistant and decentralised. The most safe investment.
Cons
  • Kinda hard to use and has expensive transactions, but bullet-proofs will solve the issue.