Questions tagged [monero]

Michele Tue Jul 02 2024 | 5 answers 1103

In the ever-evolving landscape of cryptocurrencies, one question that often arises is: "Is Monero a CryptoNote?" CryptoNote is a protocol that aims to provide unlinkability and anonymity for its users. It utilizes several techniques, including ring signatures and stealth addresses, to achieve this. Monero, on the other hand, is a privacy-focused cryptocurrency that prides itself on its anonymity features. Given the overlap in objectives and techniques employed, it's natural to ponder if Monero is indeed built on the CryptoNote protocol. So, does Monero utilize CryptoNote as its underlying technology, or has it forged its own path in the realm of anonymous cryptocurrencies? Let's delve into this question and uncover the truth behind the matter.

CryptoTitan Sun Jun 30 2024 | 6 answers 1442

I'm curious to know which cryptocurrency, Zcash or Monero, would be the better choice for privacy-conscious investors. Both boast robust privacy features and aim to provide users with anonymity in their transactions, but I'm wondering if there are any key differences that set one apart from the other. For instance, does one have a more robust privacy algorithm? Or perhaps, does one have a more robust community and development team behind it? I'd also like to know if there are any scalability issues or security concerns with either of these cryptos that might influence my decision. Ultimately, I'm looking for a detailed comparison that can help me make an informed decision on which one to invest in.

Lucia Mon Jun 17 2024 | 6 answers 1276

Who exactly accepts Monero as a form of payment? Is it mainly small-scale merchants or large businesses that are embracing this privacy-oriented cryptocurrency? Are there any specific industries or sectors that are more likely to accept Monero? And how does the acceptance of Monero vary across different geographical regions? Do certain countries seem to be more receptive to Monero as a payment method than others? Also, are there any specific online platforms or services that widely accept Monero for transactions? Understanding the scope and nature of Monero's acceptance is crucial for those interested in using it for payments.

Giulia Mon Jun 17 2024 | 6 answers 1403

I'm curious about the potential of making money with Monero. Could you elaborate on the ways one can profit from this cryptocurrency? Is it primarily through trading, mining, or are there other avenues? Could you also discuss the risks involved and any tips for minimizing those risks? Additionally, how does Monero's anonymity factor into the money-making process? I'm eager to understand the intricacies of profiting from Monero and how it differs from other cryptocurrencies.

SsangyongSpirit Mon Jun 17 2024 | 5 answers 1474

Could you please elaborate on the likelihood of Kraken delisting Monero? Given the recent regulatory scrutiny surrounding cryptocurrencies, is there any indication that Kraken might consider removing Monero from its trading platform? What factors might influence such a decision? And how would such a move impact both Kraken's business operations and the wider cryptocurrency market, particularly in terms of liquidity and investor sentiment? Furthermore, would Kraken's potential delisting of Monero set a precedent for other exchanges to follow suit, or could it potentially spark a renewed interest in privacy-oriented cryptocurrencies?