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Review on Monero by Felix Bauer
According to Monero’s site: Monero is a secure, private and untraceable…
According to Monero’s site: Monero is a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable. I believe it will grow
Pros
- Monero's blockchain is always private Safety issues are always on top There are usually three ways to protect: Set the signature (the depositor can be easily anonymous in the transaction) Invisible Address (Hide address of receiver side) Make Ring CT (hidden money exchanged, transactions) From the above, it can be seen that Monster coin own Blockchain open, can anonymously, do not provide information when trading monero out.
Cons
- Geographic limitations. No, Monero use is not limited to certain geographical areas. But certain areas have not seen significant adoption of Monero. These regions include South America, Africa, and Asia. Additional translations and resources are needed to help increase use in these regions.
