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overall Monero is the best privacy and open source cryptocurrency, Monero is totally decentralized cryptocurrency

Pros
  • Monero is the best privacy and open source cryptocurrency, Monero has a distinct way of handling transactions by splitting the amount transferred into multiple amounts and treating each splitted amount as a separate transaction. Monero is totally decentralized cryptocurrency
Cons
  • All hackers and criminals are happy to use monero because of banks, government, and third-party nobody cannot track monero transaction

All this is well and good but you are a little too restricted in choice here. I signed up to MyMonero.com and transferred some money into the account. Two days later it all disappeared and no one can tell me where it has gone to. And if you want to be involved with Monero there are little to no alternatives. and why won’t MyMonero.com ever answer my emails. All my other currencies are safe.Then when you look on the internet there are a lot of people who have had the same experience….so please…

Pros
  • The mono coin replaced each other simply With the transaction mode set to private, monero-encoded currencies will have the same value, no difference. Therefore, they can completely replace each other - Low transaction costs Monero, set up fast payment Monero can pay for everything in every country in the world with low transaction costs and fast payments. The XMR also incorporates a tightly-knit feature that avoids the loss of other currencies in politically unstable countries. To maintain privacy, you don't want to have your keys managed by someone else. But if you don't send your keys to someone else, you have to scan transactions on your own device. This also means instead of asking a remote node for your balance, you have to basically ask it for info from every block. This is bandwidth heavy. Scanning each transaction also requires running crypto code, which can be hard on a battery.
Cons
  • A phone wallet either defers some aspect of key management to a remote server or it has to run a significant amount of monero functionality locally. To maintain privacy, you don't want to have your keys managed by someone else. But if you don't send your keys to someone else, you have to scan transactions on your own device. This also means instead of asking a remote node for your balance, you have to basically ask it for info from every block. This is bandwidth heavy. Scanning each transaction also requires running crypto code, which can be hard on a battery.

4.1 Design100 Performance80 Usability70 Functions100 Support60 All in all I do truly love Monero! Even more so that I’m able to CPU mine the currency via Minergate on my Mac especially since the majority of options are on Windows. I strongly suggest using Monero Freewallet and and Jaxx when the integration hits which should be soon, at least till the devs working on the other platform’s get their act together

Pros
  • XMR is among the best with fast transfer and what is more important to be decentralized and respective privacy in the network. With a strong appreciation trend.
Cons
  • Only dissemination and expansion to several countries, with improvements and decrease of the transfer rate

There are many areas of human activity to get spontaneous risks, like smart contracts, internet of things, etc. So may coins like ETH, IOTA, etc. offer you a chance to get risks. But, privacy and anonymity is other completely different area. If you want to stay anonymous and private, you apparently don't want to get risks. That's why Monero is the only reasonable private and anonymous coin.

Pros
  • Hello. This project made a breakthrough when it was created. Anonymity is the slogan of the block chain, and Monero did it. The only thing that this anonymity still remains only inside the platform.
Cons
  • Ledger Live does not support Monero yet and therefore you have to use Ledger in conjunction with the official CLI or GUI.

Revainrating 5 out of 5

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.

Monero (also known as XMR) is a digital currency in the open source format. This money is driven primarily by the decentralization and privacy of personal information and flexible scalability. In addition, Monero coin can run on many different operating systems, from the windows platform to Android, Linux ... I quite like it.

Pros
  • Minimize batch processing time: Reduce time to 120 minutes to 60 seconds Minimize release time: Monero coin has a 50% faster release time than other coin. Rewriting the new code: Some code in the transaction process is likely to meet poorly. Therefore, they have been added or rewritten to the best fit
Cons
  • In addition to the advantages of Monero, there are still imperfect points Take a lot of space: Because Monero is completely different, does not develop based on Bitcoin so it is completely refreshed feature. Costly to run Full node.

Monero coin is in the top 10 of all cryptocurrencies in the world. I think that it is very promising and I keep it in my portfolio.

Pros
  • Also Monero is the only coin today with long-known and well-studied Cryptonight algorithm, published and discussed in peer-reviewed scientific journals since year 2000.
Cons
  • It doesn't acknowledge the Ledger and Monero App being energetic. Like I mentioned previously, I only get the Fail SCard mistake when the Ledger Nano S is not linked or not in the Monero App. It might also happen whenever your Operating system' smart card managing isn't the configured/installed in a properly.

With Monero, a new young currency, recently entered the market not long ago but there are many advantages that investors note. This is a very attractive and potentially lucrative coin in the future. It has a number of outstanding features Monero pre-codec still has many limitations to overcome because its features are not as strong as Bitcoin, will reveal a lot of loopholes that make technology crime Can leverage, conduct large-scale money laundering.

Pros
  • Monero uses rounded and anonymous addresses to reduce privacy concerns. Specifically: Round Signature: Anonymous signature of a team member because they want to hide their identity from the participants in the group. To create a circular signature, Monero uses the sender account lockout and places it on a public key on Blockchain to help hide the sender's identity as it can not identify any keys by creating complex signatures. Anonymous Address: A random address that is created for use once for each transaction on behalf of the recipient. Using anonymous addresses allows you to hide the real address of a transaction and hide the identity of the recipient.
Cons
  • Limited merchant tools. To accept Monero currently, a merchant still has to do a bit of work. Projects like PayBee are trying to mitigate this, but the project has not seen much public development in the past year.

Around May and a bit before then it was so decided that whereas the people in charge of Monero don't currently like botnets more than the effect of not having them mine Monero, the method in which mining Monero was changed by the people that have the ability to change the source code of Monero, in order to discard the old botnets during some likely routine hard forking event. In reflection of this change becoming a reality, the difficulty algorithm adjusted itself to reflect this action. As…

Pros
  • Monero is the only coin today with completely trust-less privacy and anonymity, unlike ZCash-family coins based on zk-snark algorithm that depends on initial secret key generation trust.
Cons
  • Not much known, the community is not big enough to push marketing.

A potential co-owner as well as a strong community is Monero. First, the time spent on each block decreases from 120 seconds to 60 seconds. Second, the release time block fell 50% In addition, Monero's development team found that there are many poor quality code and then rewritten code optimization. Hopefully my evaluation will help you in the search for potential co-workers. in the virtual money market full of adventure

Pros
  • Monero uses ring signatures and anonymous addresses to ensure privacy for network participants Monero also uses the RingCT function to ensure the transaction amount is completely secure
Cons
  • Development difficulty. I mentioned this earlier with Jaxx, but Monero is harder to add things to than Bitcoin-based coins. For instance, may wallets added support for ZCash's non-anonymous coins very shortly after release. Edit: we have yet to have a hardware wallet support Monero.

Revainrating 5 out of 5

Monero deserves to have higher price, higher position on CMC with its top…

Monero deserves to have higher price, higher position on CMC with its top-notch private transactional mechanism. I believe that many crypto enthusiasts don't want their transactions will be traceable by someone else.

Pros
  • I like that Monero (XMR) is a confidentiality-oriented crypto currency that is not based on the Bitcoin code and which continues to evolve.
Cons
  • Not enough exposure of XMR, fees, complexity.

If look over anonymous coin than Monero has upper hand because of more secured protocol and it really hard to trace the transaction using this platform. I also think Monero has more space to get more better position in future.

Pros
  • Purpose is to create decentralized, privacy focused, strong, fungible, fast, secure currency.
Cons
  • I wouldn't say the lack of communication is conscious. Rather, Monero is largely built by volunteers and, as a result, there is no dedicated "team" to manage these kind of things.

249/5000 According to many experts, it is expected that the Moner coin will jump further in the near future. However, the electronic money market is always unpredictable price fluctuations so please give your own opinion and look forward to see it offline.

Pros
  • Monero is a constantly evolving currency, focused on decentralization and security. In certain areas of the world, Monero is slowly gaining in popularity. In addition, it is a currency with outstanding growth, its current price is $ 123, up to $ 450 time.
Cons
  • Transaction size. As others have pointed out, Monero transactions are very large. I personally do not think this is a major issue, but they are much larger than a Bitcoin transaction. Limited use. Monero does not have the same level of adoption as Bitcoin. Although Monero has more volume than most coins similar in size, it is typically used as a tool to anonymize Bitcoin.

Revainrating 4 out of 5

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)!

Monero aims to be a fungible and untraceable digital medium of exchange. It intrinsically has a higher degree of privacy than Bitcoin or any of its various forks. It was launched on April 18, 2014 (preannounced and no premine/ICO/etc.).

Pros
  • Monero (XMR) is a privacy-focused cryptocurrency that is not based on Bitcoin's code.
Cons
  • currently Ledger in conjunction w/ Monero is basically only plug-and-play on Windows

Revainrating 5 out of 5

If you have serious intentions with this coin, please take a look at some…

If you have serious intentions with this coin, please take a look at some Monero now. However, it is necessary to choose the investment time as well as to make a clear and concrete investment strategy to minimize risks and losses. Avoid investing in bulk, according to unreliable sources or advice from relatives, friends will be very easy to fail.

Pros
  • An impressive integration of the ‘invisible internet project’ I2P layer into Monero is in development This will add even greater privacy protections when transacting in Monero. I2P will protect you from passive network monitoring, so that not only are your payments untraceable, but people snooping the network cannot tell you are even using Monero at all.
Cons
  • No phone wallets. It is quite difficult to use Monero on your phone. Right now the only options are wallets that hold your keys for you (see Freewallet, which the community heavily discourages the use of) or web wallets (MyMonero). Jaxx claimed to have the implementation finished in December, but they later said that Monero support was scrapped. Exodus and others are still working on adding Monero, but in the meantime, this is difficul

Because everyone that uses Monero automatically has privacy features applied to their transactions, Monero has a huge advantage over other cryptocurrencies whose privacy features are only optional. You never have to request and then verify whether other people have enabled a privacy mechanism when sending you funds, because privacy is always automatically applied to all transactions. Furthermore, the always-on nature of Monero’s privacy features means that even if the majority of Monero users…

Pros
  • Monero’s ‘Adaptive block size limit’ When transactions are announced to the Monero or Bitcoin networks, they appear as part of a ‘block’. Monero blocks are produced on average every 2 minutes, and Bitcoin blocks are produced on average every 10 minutes. Bitcoin blocks have a maximum size, so if there is no room then your transaction will be delayed. If you are desperate to have your transaction included in a Bitcoin block promptly, you will have to increase the transaction fees that you pay to the Bitcoin network. Monero, however, has been designed to have an automatically adaptive block size limit. This means it will automatically be able to handle future increases in transaction volume by automatically expanding the size of blocks to accomodate higher future transaction volumes.
Cons
  • Mining centralization. A large proportion of Monero mining is consumed by 4 large pools. As of writing, no single pool controls more than 20% of the total hashrate, but mining decentralization is extremely important. Smart mining is being developed to try and increase the hashrates of solo miners

This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all. Since its moneros subreddit, theres a lot o people saying this cryptcoin is 10/10 , its perfect, etc.... And yes it has a lot of benefits comparing with other cryptos

Pros
  • Monero’s superior mining algorithm ‘Mining’ is the name given to running a program on a computer which verifies and processes the cryptocurrency transactions that other people announce to the worldwide network. We believe the creators of Bitcoin chose poorly when it came to their mining algorithm. The Bitcoin algorithm runs dramatically faster on custom made mining chips (known as ASICs) than on standard PCs and laptops. This means it is almost completely pointless for any ordinary computer user to attempt to participate in the mining process for Bitcoin, and leads to a relative concentration of miners in countries with the cheapest electricity costs. In contrast, the Monero mining algorithm was specifically designed such that ASICs will not have too much of an advantage over ordinary computers owned by the general public.
Cons
  • Privacy. I would argue that Monero is the most private currency around, but it is not perfect. There are still some privacy concerns. Most notably is an attack where one can figure out which node is the origin of a transaction. This is being mitigated with the development of Kovri, which is an I2P router in C++. With this implemented, transactions would instead be pushed to the network within I2P. The majority of node syncing would still occur over the clearnet since I2P speeds are limited. RingCT is not yet required, so some pool operators have yet to use these new privacy enhancements. It will be required later this year. Finally, the minimum mixin (being renamed to "ring size" to help avoid confusion with Bitcoin mixing services) of 2 is too low. Less than 25% of transactions use a mixin greater than 2. The minimum is supposed to be increased to 4 the same time RingCT will be made mandatory, but there is some discussion to increase this number further.

As i said today it's all about privacy, so Monero is the best in it. Worth buying. I would recommend it to everyone who is interested in privacy.

Pros
  • Privacy is on the first place. It can be easily mined and is worth it. I think it is worth buying and hodling as you know privacy today is one of the most important things.
Cons
  • Desktop wallet take a long time to sync.

Monero is prodigy of Bytecoin and has a lot of its features, some of which are improved. Fairly nice privacy levels give you a certain confidence while you buy something in Web. Although, I found it's quite hard to mine due to high memory usage, so using cloud mining is a must. Moreover it has an endless emission, so it is a good currency for investing.

Pros
  • A solid and promising cryptocurrency
Cons
  • Not widelly used and hard to mine