#xrm Monero is the leading cryptocurrency focused on privacy protection and censorship-resistant transactions.
Most current cryptocurrencies, including Bitcoin and Ethereum, are transparent blockchains, which means that all transactions are open to verification and inquiry by anyone in the world. Additionally, the wallet addresses sending and receiving these transactions may be linked to a person’s real-world identity. Monero uses cryptography to protect the sending and receiving wallet addresses, as well as the transaction amount.
Monero transactions are confidential and untraceable.
For every Monero transaction, under default conditions, the sending and receiving addresses and transaction amounts are obfuscated information. This always-on privacy means that every use of Monero improves the privacy of others, unlike other selectively transparent cryptocurrencies such as Zcash.
Monero is a currency that is fungible. Because the information is obfuscated, Monero cannot be tainted by previous transactions, which means there is never the risk of Monero being censored and refused to be collected.
2. Monero provides a fast, low-burden electronic cash for transactions around the world.
There is no waiting period of several days or the risk of fraudulent refunds. There is no so-called "fund control" - these are factors that limit the circulation of traditional currencies and often occur in extreme situations and unstable economic conditions. s country.
