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Monero(XMR) Makes New all Time High - OracleTimes

Published 3 years ago

Monero(XMR) Makes New all Time High - OracleTimes

Crypto Gazette via

Crypto Currency Monero (XMR) is open sourced and was created April 2014 which mainly focuses of privacy decentralization and scalability. Monero is based on the cryptoNote protocol, unlike many other crypto currencies that are derivatives of Bitcoin. Monero is by far the leading cryptocurrency targeting privacy Monero’s main focus is on private and censorship-resistant transactions. Monero uses an “always on privacy” system which means every users activity enhances the privacy of all other users. The Kovri project uses end-to-end encryption so that neither the sender nor receiver of a Monero transaction need to reveal their IP address to the other side or to third-party observers (the blockchain). The OpenAlias project simplifies cryptocurrency payments by providing FQDNs (Fully Qualified Domain Names, i.e. for Monero wallet addresses in a way that ensures everyone’s privacy is secure. Monero is a grassroots community attracting the worlds bets cryptocurrency researchers and engineering talent Monero has over 240 developers that have contributed to the project this includes 30 core developers. Monero has a research lab, core development team and community developers that are constantly breaking new grounds on what is possible with cryptocurrency privacy and security. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full

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