Monero and the complicated world of privacy coins

Monero is a cryptocurrency like Bitcoin, but where Bitcoin zigs, Monero zags.

Initially released in 2014, Monero (also known as XMR) is a type of cryptocurrency often referred as a “privacy coin”; it has been built first and foremost with privacy in mind. Compared to something more public and traceable like Bitcoin, Monero (currently valued at approximately $137 USD per coin) uses a technology suite to obscure transactions and is generally considered far more “anonymous” than its more…


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