Questions tagged [monero]

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?

CryptoVeteran Mon Jun 17 2024 | 5 answers 1496

Could you please elaborate on the weaknesses of Monero? I'm interested in understanding its limitations, particularly in terms of scalability, privacy concerns, and the potential for regulatory challenges. Additionally, I'm curious about any known vulnerabilities or security issues associated with the Monero network. Could you provide insights into these aspects and perhaps offer any suggestions for improvement or mitigation strategies?

Carolina Mon Jun 17 2024 | 5 answers 840

Could you please elaborate on the speed of Monero transactions? I'm curious to know how quickly Monero completes its transactions compared to other cryptocurrencies. Does it offer instant confirmations or does it take some time for the transactions to be fully processed? Additionally, how does the speed of Monero transactions vary depending on factors like network congestion or the size of the transaction? Is it generally reliable in terms of transaction speed, especially for larger or more complex transactions? I'd appreciate your insights on this matter.