EUnlike selectiverly Monero transaction, by default, obfuscates sending and receiving addresses as well as transacted amounts. This always-on privacy means that every Monero user's activity enhances the privacy of all other users, unlike selectively transparent cryptocurrencies (e.g. Zcash)transparent alternatives (e.g. Zcash), Monero is the only major 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-Addresses, @Ring-Signatures, and @RingCT.
Unlike selectively transparent alternatives (e.g. Zcash), Monero is the only major 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-Addresses, @Ring-Signatures, and @RingCT.
what-is-monero->confidential_para2
Monero is fungible. By virtue of obfuscation, Monero cannot become tainted through participation in previous transactions. This means Monero will always be accepted without the risk of censorshipBecause 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.
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.
what-is-monero->electronic_para1
There areWith Monero, there are no wire transfer or check clearing fees, no multi-day holding periods, and no risk offraudulent chargebacks. It is safe from ‘capital controls’ - these are measures that restrict the flow of traBecause Monero is decentralized, it is not constrained by any particular legal jurisdictional currencies, sometimes to an extreme degree, in countries experiencing economic instability and provides safety from capital control.
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 was launched in April 2014. It was a fair, pre-announced launch of the CryptoNote reference code. There was no premine or instamine, and no portion of the block reward goes to development. See the original Bitcointalk thread
