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Review on Monero by hany osman
monero is decentrallized cryptocurrency and one of the most securest privateβ¦
monero is decentrallized cryptocurrency and one of the most securest private currency.. which takes much care for privacy. otherwise i really liked monero n it is best and having good place in market. great awesome project
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Pros
- monero was added as base pair exclusive to poloniex. Factor One: XMR is the only 100% fungible, 100% PoW cryptocurrency with decentralized governance and mining (sorry Bitcoin I still love you too) Factor Two: XMR volume helped Poloniex pay back user funds lost in a security breach. Factor Three: Monero Enterprise Alliance.
Cons
- Monero's transaction fees are scaling with the price of the token, just like bitcoin. Does not benefit users. Transaction sizes on the blockchain are much larger than Bitcoin. As it is private and untracable many illiegal activities are done by monero
