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Port Harcourt
2 Level
65 Review
159 Karma

Review on Monero by Mercy Godwin

Revainrating 5 out of 5

Monero XMR is one cryptocurrency project with a unique property.

One thing I know for that Blockchain technology which is the world of cryptocurrencies has brought to our world 🌍 today is financial freedom and this mission is already being completed as it seems to be. I do believe in the existence of these digital currencies also known as Cryptocurrency, as the future of the world's money and this has come to stay, however, that my own belief, in what about you? As we both know, Cryptocurrencies are volatile, even much more than our respective local currencies, however, some of them are stable coins which even gives more room for trade, profitable one for that matter.

Without wasting much of our time πŸ˜’, on today review, I will be discussing about one special cryptocurrency which has a very unique property amongst all other cryptocurrencies and that is Monero XMR. Monero XMR is a decentralized cryptocurrency which was designed with one main Vision and that is financial freedom. Monero XMR is a decentralized cryptocurrency which was established on the Sutoshi's platform and just as I mentioned earlier, it has one unique property which I s not common with all other cryptocurrencies in the crypto world today.

Just as was saying and still saying, Monero XMR is the only cryptocurrency in the crypto world which has one feature and that is; it has an uncrackable encryption of which a lot of regulatory bodies have tried their best to crack but till today, Monero's encryption is still securing the record of having an uncrackable encryption. Moreover, Monero XMR is a peer to peer cryptocurrency token which secures it property of anonymity as traders can easily make anonymous transactions without been tracked which is really a very awesome property but coming to the negative sense of it, it is actually terrible. I say this because criminals can make transactions also without been tracked which is really a bad thing but still at the real sense of it, Monero XMR is a very good project and I rate it as the best established so far, however, that is my own point of view of this project. Monero XMR was built on the algorithm of Proof Of Work, POW, like Bitcoin BTC but from its performance I think it has beaten Bitcoin BTC in the aspect of been uncrackable but at that Bitcoin BTC is still the leading cryptocurrency.

Also, the probability of a crypto projects succeeding relies on the team behind it which makes me see Monero XMR at the top in the nearest future. The team behind the establishment of this cryptocurrency token Monero XMR are all experts in the Blockchain industries and they are really working hard to see that Monero XMR still retains its title forever. In conclusion, I strongly recommend that you invest in this cryptocurrency token Monero XMR as it still supports financial freedom.

Pros
  • It has an intelligent development team.
  • It has a good vision and mission.
  • It is completely decentralized.
  • It has an uncrackable encryption.
Cons
  • It could be a tool for criminals.

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