Questions tagged [monero]

amelia_jackson_environmentalist Wed Oct 02 2024 | 5 answers 1370

Can Monero truly be considered untraceable? With its focus on privacy and anonymity, it's often touted as a cryptocurrency that leaves no digital footprint. But is this really the case? Are there any vulnerabilities or methods that could potentially reveal the identities of Monero users or their transactions? And if so, what measures can be taken to protect against such risks? Understanding the intricacies of Monero's privacy features and potential weaknesses is crucial for anyone considering using this cryptocurrency.

Martino Tue Oct 01 2024 | 5 answers 1280

I'm curious, can one actually purchase goods and services using Monero as a form of payment? I've heard of its privacy-focused features and decentralized nature, but I'm not sure if it's widely accepted as a method of transaction in the real world. Could you elaborate on the possibilities and limitations of using Monero for everyday purchases? Additionally, are there any popular online or physical stores that accept Monero as a valid payment option?

Maria Mon Sep 30 2024 | 5 answers 793

Could you please elaborate on the frequency of Monero mining? I'm curious to know how often new Monero coins are generated through the mining process. Is there a set schedule or is it more dynamic, dependent on factors such as the network's hash rate and mining difficulty? Understanding the mining rate of Monero can provide valuable insights into its supply dynamics and potential impact on its value.

GalaxyWhisper Mon Sep 30 2024 | 6 answers 1572

Could you please clarify whether Monero truly offers zero-knowledge privacy? It's been said that Monero utilizes certain privacy-enhancing features, but does it actually guarantee complete anonymity and untraceability, akin to what zero-knowledge cryptography promises? I'm interested in understanding the extent to which Monero's transactions are obscured from both prying eyes and even the blockchain's own analysis, and if there are any limitations or caveats to consider.

Andrea Mon Sep 30 2024 | 7 answers 1910

Who exactly is behind the scenes, managing and overseeing the operations of Monero? As a decentralized cryptocurrency, it's intriguing to understand the structure and hierarchy that governs its development and maintenance. Is there a single entity or individual in charge, or is it a collective effort from a diverse group of contributors? How do decisions get made, and who has the ultimate say in shaping the future of Monero? These are the questions that naturally arise when exploring the intricacies of this digital currency.