Monero (XMR) News

7 Cryptos to Sell for October

Crypto markets have been on a bearish run of late due to the recent clampdown by Chinese authorities on cryptocurrencies in the country, though some

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Pattern Points to a Bearish Move

Monero price movements in Tuesday’s session are comparable to those of Bitcoin and other altcoins. Earlier in the day, bulls lacked enough momentum to push

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Monero (XMR)

Monero is the leading cryptocurrency focused on private and censorship-resistant transactions.

The majority of existing cryptocurrencies, including Bitcoin and Ethereum, have transparent blockchains. Transactions can be verified and/or traced by anyone in the world. This means that the sending and receiving addresses of these transactions could potentially be linked to real-world identities.

Monero, on the other hand, uses various privacy-enhancing technologies to ensure the anonymity of its users.

Monero transactions are confidential and untraceable.

Unlike selectively transparent alternatives (e.g. Zcash), Monero is the only cryptocurrency where every user is anonymous by default. The sender, receiver, and amount of every single transaction are hidden through the use of three important technologies: Stealth AddressesRing Signatures, and RingCT.

Because every transaction is private, Monero cannot be traced. This makes it a true, fungible currency. Merchants and individuals accepting Monero do not need to worry about blacklisted or tainted coins.

Monero is electronic cash that allows fast, inexpensive payments to and from anywhere in the world.

With Monero, there are no wire transfer or check clearing fees, no multi-day holding periods, and no fraudulent chargebacks. Because Monero is decentralized, it is not constrained by any particular legal jurisdiction and provides safety from capital control.

Monero is a grassroots community attracting the world’s best cryptocurrency researchers and engineering talent.

The Monero Project is at the forefront of cryptocurrency privacy and security. Its Research Lab and Development Team are constantly working on new, innovative technologies. Since its launch, the project has received contributions from over 500 developers located all around the world.

Numerous forums and chat channels are available for anyone to join, and the community is always welcoming new members.

How To Mine Monero – Step-by-Step Guide (coinlist.com)

Monero News

Monero Leader Accuses MobileCoin of Borrowing Code (cryptobriefing.com, April 9, 2021)

How Monero works and how it differs from Bitcoin? (cryptomode.com, April 2, 2021)

Why Monero And Solana Are Top-Tier Cryptocurrencies (investing.com, April 1, 2021)

Travala.com adds Monero (XMR) as a payment option (invezz.com, March 15, 2021)

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