Jump to content
AskTraders Trading Community
  • 0

Powerful Cryptocurrency


Lopes

Question

Hello Everyone, I am. As a newbie, I am facing some difficulties in the cryptocurrency market. I have no guiding partner. What I have learned is coming from my passion. I want to go ahead. Can anyone help me by giving information about the latest cryptocurrencies? Which currency is the most powerful? Please explain it in detail. I urgently need it.

Link to comment
Share on other sites

1 answer to this question

Recommended Posts

  • 0

Hi Lopes,
The Monero is the future of cryptocurrency while Bitcoin is the past. Power over Bitcoin, by Monera, arises from its privacy-focused character. Moreno masks the identity of whoever is using it much better than other better-known cryptos, and therefore beating them in rising value.
The people who developed Monero have rolled out updates to Carbon Chameleon software. The updates have enhanced transaction execution and how it works with privacy networks I2P and Tor.
Within the cryptocurrency and tech industries, privacy coins, and Monero in particular, have attained widespread fame due to enhanced privacy features. In the 2020s, any cryptocurrency that hopes to gain wide currency will have to work on their privacy seriously. It will no longer make any sense to broadcast each payment one makes on transparent ledgers.
The endorsement comes from such top tech gurus as John MacAfee, the antivirus software developer. He has heaped loads of praise on Monero and Ethereum, one of the most valuable cryptocurrencies second only to bitcoin. MacAfee alludes Monero’s prominence to technological superiority over other cryptos.
He asserts that Bitcoin was first, but it is now ancient technology. He goes ahead to give the Model T analogy that Bitcoin cannot be our future just as the Model T did not become the future of the modern-day automobile. In his view, neo-blockchains like Monero incorporate distributed apps, smart contracts, and enhanced privacy.
Other areas of superiority include mining algorithm, transaction speed, network effect, fungibility, transaction fees, supply, scalability, and price.
A prominent feature in privacy for Monero is Kovri. It works in a similar manner to the Tor Browser in the use of onion routing to hide user habits and locations. It even prevents anyone from detecting that the fact that you use Moreno at all. Kovri applies this feature in default, greatly enhancing your overall privacy within the networks.

Edited by Hernandez
Link to comment
Share on other sites

Join the conversation

You can post now and register later. To reply to this question, sign in or create a new account.

Guest
Reply to this question

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...