What Is Monero (XMR) – Monero Explained – Everything You Need To Know About Monero

laatste update: 08-2022

What Is Monero (XMR) – Monero Explained – Everything You Need To Know About Monero

00:00 – Intro
00:55 – Overview
01:15 – What is Monero (XMR)?
01:52 – Unique Features – Stealth Addresses, Ring Signatures, Ring Confidential Transactions
04:40 – Dandelion++, Bulletproofs
05:25 – Potential Problems – Illicit Activities
08:20 – Conclusion

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Bitcoin, for all its popularity, can be thought of as a double-edged sword. Those features that make it so appealing, can also be viewed as some of its greatest weaknesses. Take transparency for example. The bitcoin blockchain is an open ledger that can be viewed by anyone. Transaction details, wallet balances, and user addresses are all public. As a result, anyone putting forth enough effort could potentially link those details back to real world identities. There’s a project out there though, seeking to make transactions completely private and anonymous. Today, we’re talking about Monero (XMR).

In today’s video, we’re breaking down Monero. We’ll take a look at all the ins and outs of the privacy coin including the problems its trying to solve, and how it hopes to solve those problems. We’ll also take a look at the unique features helping it to take privacy and anonymity to the next level. There’s a lot to cover, so let’s get into it.

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