Eleonora
Wed May 22 2024
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6 answers
1822
What happened with Monero?
Could you please elaborate on the recent developments surrounding Monero? I'm particularly interested in understanding any significant events, such as technological advancements, regulatory changes, or notable market fluctuations that may have occurred recently. Has there been any notable growth or decline in its user base? Have there been any significant updates to its privacy features? Additionally, how has the overall cryptocurrency market been performing, and how has Monero fared compared to its peers? Your insights would be greatly appreciated.
Raffaele
Wed May 15 2024
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6 answers
1498
Is Monero a Layer 1?
Could you please clarify for me whether Monero is classified as a Layer 1 blockchain? I've been hearing different opinions about this, and I'm trying to get a clear understanding. Layer 1 blockchains are typically associated with mainnets that have their own independent security and functionality, without relying on any other blockchain. Given Monero's focus on privacy and scalability, I'm curious to know if it meets the criteria for being considered a Layer 1. Could you enlighten me on this matter? Your expertise in the field of cryptocurrency and finance would be greatly appreciated.
