These three words that describes Monero perfectly!
Ahhh! I know such an NSFWish title but the community is enough mature to understand this.
So!!!
Where was I at ? ammm yes! Monero or XMR (its symbolic name) is a secure crypto. It’s a POW based coin or Proof of work based coin but the crypto code runs on a system that is called cryptonote! Basically this is a fork of a fork of BTC or bitcoin. But unlike Bitcoins public transactions monero is secure & anonymous! But wait! What? What the hell that does mean for an end-user of this product? In this case monero! It means it is quiet or nearly impossible to trace down the receiver of the transaction! For example:-
Here is what happens when you try to perform an address search on monero block explorer!
Super savag-ish? Right? Well now you might be thinking “It’s a crime-crypto!, Cause It’s not traceable ! ” Maybe You’re right ! But think of those countries where crypto like monero is making difference cause crypto is illegal there ! What do you think about them? How they will get access of this technology?
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