I thought Monero XMR was the best privacy coin but your post opened my eyes. I think that surely monero will be dethroned because its code has been exposed on several occasions by agencies associated with the United States government which are looking for some way to track the sender and receiver of transactions made with monero, the safest thing is that a once XMR goes down, Dash will take its place due to the node system they are managing.
I think Monero has become a privacy coin Icon so if anyone wants a privacy coin, people will answer Monero. The trust of those who want the privacy coin in Monero is so high that its position cannot be changed. Like only the trust in Bitcoin is so high when compared to other altcoins.
I am aware of that this currency but my think and my opinion if you invest in btc bitcoin and ltc lite coin your earning daily up. I do not think there is only one good currency , in fact there is a group of good ones yet I am not familiar with all of them to recommend any, what I can do is to advise you to distribute your asset into three of four different cryptocurrencies so that you will not lose with one coin all of your money. I think the best privacy coin is Monero, but in the market there are more privacy coin.
No offense but i have no idea why you guys thinks that the oldest coins re the best, while been old itself means they are outdated.. Monero is the oldest privacy coin if not the first even, but it is not the best privacy coin and it is even in the risk of been cracked as many people are targeting to crack it, there are even bounties on cracking monero.
I think that zec currency will have a very big future thanks to this feature, which allows hiding information and the inability to track the sender and it is similar to Bitcoin In addition to its privacy, and this is what I see gives it more strength and that is why I keep it.
I think that for issues of commissions and legal security, I would opt for Zec Zcash and DASH, they fulfill the purpose of having totally private transactions and also an acceptable speed, another option could be any shitcoin, since nobody would expect move 1 million of dollars in , what do I know, Nano? Most say Monero is the best privacy coin but a group of researchers have shared flaws in the monero codebase already.
On the other hand, if we check other privacy coin like as dash, verge, ONION etc, they are also not that much effective than Monero. However, each of the coins are being developed. What do you think? Will Monero remain in top or any other coin will be leading in the coming future? How could those coins to be mentioned as the privacy coins while those coins are used publicly by many people but the issue of privacy is your wallet that you used to store coins. We know a lot about privacy coins.
BTC, Monroe, zcash, zcoin, grin. However, these coins are good and expensive coins. These coins are popular in the market. However, out of these coins, BTC will lead all the coins. Because BTC is the king of all coins and expensive currency. So I will give Bitcoin the highest value. You are absolutely right, monero as it has become so popular and it is one of the oldest coins, there is bigger risk for it been targeted, so it is even better to stay away from such a coin which attracts too much attention.
Bitcoin is a beat privicy coin according to my understanding my dear fellow. It is safe. And we can keep as long as we want in yobit. Monera is my favorite privacy coins there are some new projects on this area that I think representative of the new generation of privacy coins and come to fill the lake i was amazed how to on talk beam then best project scene and interview with team and my dropped.
As a privacy coin, monero will always come first, because monero is a privacy coin that is well known for its ability to maintain privacy. Building trust in the crypto world is quite difficult, so if there are any new privacy coins, Monero will still be the best because trust in monero is very high. I never heard of onion, except the part of the onion addresses in tor, but this is different. Many privacy coins use tor to create a sense of privacy but each one needs to be researched as many backdoors could exist.
First it was banned in Korea by the South Korean government and secondly there is some attempt to decrypt this coin and the way it hides the transactions. It seems that it is highly anonymous and gives absolute privacy to the user as right now there is no way of finding the link between sender and receiver, although there are some highly skilled people under the USA government payment trying to crack the code and find the missing pieces in this.
I wonder if the encryption of Monero is broken one day, will this mean that all transactions until that time will be visible and could be traced to the owner and perhaps the name in an exchange and bank account. It is heard a lot that Grin, is a very stable cryptocurrency, in reality, it has not had the good fortune to invest in it, I will find out more about this currency but so far I prefer much more BTC.
But bitcoin is not a privacy coin, I do not know much about Grin coin you talk about, but in short privacy coin is a coin that is completely private and more secure they follow their own protocol. I think Monero will continue at the top, actually the currency is very good, among the special characteristics that Monero has is that the identity of the Monero owners is totally private, it even prioritizes privacy and de-centralization, it is widely used by great number of users, very reliable, for my part I prefer Monero and Dash.
Do you know which is the best anonymous cryptocurrency? The topic you mentioned does have a true possibility, but what if the team upgrades on the code base used? This is complicated since each privacy-based currency has certain characteristics, for example I can mention that monero is the best simply because it can be mined without so much configuration but from my point of view the best is Dash, since transactions are " save "in specific nodes the only record that exists is there and can be deleted by pressing a button.
As far as I know Moniro is the best privacy coin but there are more privacy currencies on the market. So privacy should be at the top of the coin but its privacy period should be very long. Since I think is the golden year for crypto so I think the price of Monroe will also go up.
Moniro is the best privacy cryptocurrency. It was created specifically to provide maximum privacy against many of the cryptocurrencies of those using their blockchain. Most likely, I will buy it later in the long run. XMR prices are likely to rise in the near future. Thank you so much for giving this information about the privacy coin. Yeah I also think that Monero is the best privacy coin and no other coin is much effective than Monero. You can post now and register later.
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One of these options would involve trading XMR for some other cryptocurrency! Check out some trading pairs, and start trading! Make sure your cryptos are safe! Many people who buy Monero with a credit card instantly might be doing so in order to then spend the coins for some specific goods or services. One of the biggest attractions of why people buy Monero with debit cards is the fact that they can then send the coins to their friends or relatives in a completely discreet and anonymous way.
The other person s should naturally have an appropriate wallet where they could store the XMR coins in, but once you have that sorted, you can be sure that the whole transaction procedure is going to be completely and utterly private. A very popular reason why crypto enthusiasts nowadays buy Monero with a debit card is because they want to invest in the coin and the technology behind it.
With crypto markets, in general, experiencing some unprecedented price swings, it makes perfect sense, too! Selling Monero some time after buying it can be pretty risky, but it can also grow your financial portfolio, too. Make sure to consult with a financial expert! Monero is the blockchain technology behind the cryptocurrency called XMR. In its own right, Monero is focused on one, single aspect - privacy.
It aims to be the most private and anonymous cryptocurrency on the entire crypto market , allowing its users to participate in completely anonymous, yet safe transactions online. For starters, the obvious - Monero is completely private , and using it will allow you to perform anonymous transactions that cannot be traced back to you.
However, the technology behind this coin does allow you to make some select transactions public - this is amazing for any company that wants to use Monero, but still declare their financial dealings to relevant institutions. The primary use of Monero is to advance the concept of decentralization , and allow holders and cryptocurrency enthusiasts to maintain their privacy and anonymity while performing or participating in transactions online. Monero has huge value to those who want to keep their privacy in-tact while buying or selling something online, or simply sending or receiving cryptocurrencies , in general.
Same as most other cryptocurrencies , XMR can be bought in a few different ways. You could always purchase it from an individual person, or trade other cryptocurrencies for XMR coins. That being said, the best way to go about it is to buy Monero with a credit card.
Perfect for beginner traders and experts, alike! Instant confirmation. Payouts on avg in 24h. Based on a Devere Group poll. Start Buying Monero Monero is based around the purpose of decentralization. Why is Monero Worth it? Fill in the fields Select the cryptocurrency you want to purchase and the fiat currency you will be paying in.
Receive your Monero No account creation is needed to finish the cryptocurrency purchase. Intricate Public Key Technology Monero offers users some advanced public key sharing technology. Rating 5. Get coupon. See all Provider Coupons. Your Discount is activated! But beware! It is not like the escrow exchange service of LocalBitcoins. You will not find any native Monero wallet here so there is absolutely no chance of losing your funds until you make a horrendous error. Monero cryptocurrency is rather famous, especially in the dark markets but it has other use cases of privacy, security, and fungibility also.
And that is why, in last years, it has developed a significant market share and is also being traded on many exchanges. It is okay if you intend to store the cryptocurrencies on these exchanges for a few hours or even a few days for the sake of trading. Storing your cryptos on them for any longer can put you in losses. Therefore, you should get a secure wallet for your Monero cryptocurrency too. Time for you to share: Do you own any Monero yet? If not, where do you intend to buy your first XMR coin from?
Do you see it becoming one of the next big altcoins? Share your views in the comments section below! Harsh Agrawal is the Crypto exchange and bots expert for CoinSutra. He has a background in both finance and technology and holds professional qualifications in Information technology.
After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra. That was quite an informative article considering Monero is still underrated in comparison of other altcoins such as Dash, Lightcoin, and Ripple.
But in the real world, I would Monero is the real cryptocurrency even better than Bitcoin as far as secrecy factor is concerned. Thanks, Sudhir for this useful article. I think these type of article helps Crypto buyers a lot. But I have a question about. What is the future of Monero Coins? Thanks for the great article! This helped me a lot. I found linkkoin. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.
Notify me of new posts by email. This site uses Akismet to reduce spam. Learn how your comment data is processed. CoinSutra was founded in with the mission to educate the world about Bitcoin and Blockchain applications. Get Monero from ChangeNow. Use Huibo Pro Now. Harsh Agrawal. An international speaker and author who loves blockchain and crypto world.
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