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Monero is one of the VERY VERY few Crypto Currencies that's NOT a scam...

The problem is with it being a privacy coin and regulation. Its great for buying things off the black market... But that's about it.

Ring signatures makes it difficult to know whether or not the network is under a 51% attack.

Zk-Snarks with zero knowledge proofs is actually a better technology... But the projects that use it are trash/scams (Dev tax, forks, pre-mines, ect)...

It's possible that BTC could implement Zk-Snarks on another layer if the technology pans out.

Canadianleaf

05-29-2018 10:20 PM

Re: The Rise of Monero

I love Monero, its my favorite coin. 100% anonymity, 100% fungible. I dont understand how a public ledger crypto can ever be taken seriously by mainstream businesses and with worldwide usage where everyone can see all your transactions, who you traded with, your suppliers, how many coins you have, etc. Entities can learn about all your transactions (government, tax authority, enemies, etc). Public ledger also leaves cookies crumbs for people to paint a target on your back to steal your coins.

https://i.redd.it/vh9ytjscll101.jpg

rsot	05-30-2018 12:05 AM

Re: The Rise of Monero

Huge pic :)

xenix

12-30-2020 08:22 AM

Re: The Rise of Monero

Quote:

Originally Posted by xenix (Post 866728)

As most of you guys know cryptocurrency ruling the world now a days ,now monero has started doing it part ,yesterday it was $52-55 ,day before yesterday it was even $47,today its boom $90.
Rumor of bithumb is adding monero made this rise.may be who knows its will hit $500 :d

Monero hit $450 in its lifetime and now its $160 ,hope one day it will reach again $450

rsot	01-01-2021 08:38 AM

Re: The Rise of Monero

Quote:

Originally Posted by xenix (Post 1133791)

Monero hit $450 in its lifetime and now its $160 ,hope one day it will reach again $450

Let's see how it goes :)

nate	01-01-2021 04:56 PM

Re: The Rise of Monero

Quote:

Originally Posted by rsot (Post 1134119)

Let's see how it goes :)

LMAO... Not very well I guess, now that exchanges are delisting it in the US. There's way better privacy tech out there now than XMR & ZEC. BEAM is a privacy coin with a wallet that has a built in decentralized exchange where you can atomic swap between BTC/BEAM & ETH/BEAM. We are already in the future, reality has finely caught up with me... A lot of people still stuck in 2017 and need to catch up with reality.

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