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Review on Monero by tahu lonjong
Monero is the most private, fungible, and fair coin. Its cryptography was…
Monero is the most private, fungible, and fair coin. Its cryptography was praised by many Bitcoin developers. It is the only cryptocurrency whose transactions are private by default (and cannot be sent without mixing). It uses the CryptoNote protocol to safely and efficiently “mix” with other segments of the blockchain.
Pros
- The most private coin available. It uses ring signatures to make the sender an recipient of a transaction anonymous by default. RingCT (implemented in January 2017) will also hide the transaction amounts. The Kovri project adds I2P support to Monero to hide people's IP addresses. The support is excellent on Reddit, Slack, Telegram, and even StackExchange. Sensible supply curve and no pre-mine
Cons
- Still pretty difficult to use (requires using the command line) Not accepted at many locations, but services like Shapeshift and XMR.to make it easy to send Monero to a Bitcoin address (with the added privacy of Monero)!
