Monero (XMR)

bsys 20

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bsys posted on August 27, 2020 07:05:45

The gold standard when it comes to privacy. It's one of the few cryptos you can still earn with mining on a CPU. So just fire up any PC and start mining. A possible drawback is that you can't easily detect inflation bugs. So this currency is more suited to private transactions than it is for store of value.

brambles 23

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brambles posted on August 26, 2020 14:32:09

Monero is the gold standard when it comes to privacy coins. More people need to use this coin to improve the obfuscation though. I am sure it will become an important piece of the greater crypto space, and look forward to some mechanism that can wrap and unwrap XMR with ease

Crypto Anonymous 224

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Crypto Anonymous posted on June 17, 2019 23:40:35

One of the few true privacy coins that is leading the pack with its privacy features and very important for privacy coins: privacy is the default, not an option. This is important because this improves fungibility. Long track record and has a fair amount of brand recognition and adoption. The project also continues to innovate to improve privacy and make the network more secure. Eventhough Monero is Click here to see more... much more private than bitcoin for example, it is also very experimental and all transactions are still recorded forever (though shielded). If privacy of transactions is more vital than for an average bitcoin user, Monero is probably the best and most reliable alternative, but if your life depends on the secrecy or you are going to use it for criminal activity, it is probably not a good idea. Keep in mind that as soon as bitcoin gets much more privacy improvements, the usecase for Monero might diminish. Overall impo fully legit project.