Daniele
Tue Dec 24 2024
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6 answers
1517
Why is it hard to trace cryptocurrency?
Cryptocurrency is designed to be decentralized and anonymous, making it difficult to trace. Transactions are recorded on a public ledger called the blockchain, but the identity of the users remains hidden through encryption techniques.
BonsaiStrength
Tue Oct 15 2024
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5 answers
843
Why is Monero hard to trace?
Monero is hard to trace because it uses advanced cryptography and privacy-enhancing features like stealth addresses and ring signatures. These make transactions anonymous and untraceable, ensuring the privacy of users.
