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5 Review
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Review on Monero by Qua Nhi
Monero deserves to have higher price, higher position on CMC with its topβ¦
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.
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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
- XMR not yet used in transactions among Internet services.
