Monerocryptocurrency (XMR) is a popular because of its privacy-enhanced blockchain. Due to its anonymity, it’s a favoured cryptocurrency worldwide.
Monero’s website claim that Monero transactions are untraceable and confidential. They also claim that it is the only cryptocurrency hiding the sender, receiver, and transaction amount information. They protect users’ privacy by using ring confidential transactions (RingCT), ring signatures, and stealth addresses.
This article will discuss…