Monero is secure. Monero is a decentralized cryptocurrency, meaning

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Anonymous
2017-09-07 10:28:50 Post No. 3385006
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Anonymous 2017-09-07 10:28:50 Post No. 3385006 [Report]

Monero is secure.
Monero is a decentralized cryptocurrency, meaning it is extremely difficult to hack and steal your funds. Transactions are confirmed by distributed consensus, and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.

Monero is private.
Monero uses ring signatures and ring confidential transactions to obfuscate the amounts, origins, and destinations of all transactions. Monero gains all the benefits of a decentralized cryptocurrency, without any of the standard privacy concessions.

Monero is untraceable.
Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.

Monero is fungible.
Monero is fungible because it is private by default. In its current state, it is extremely unlikely that Monero will ever be blacklisted by exchanges or vendors due to its association in previous transactions.

Anonymous 2017-09-07 10:55:51 Post No.3385273
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Anonymous 2017-09-07 10:55:51 Post No.3385273 [Report]

Yeah I know. It's good.

Anonymous 2017-09-07 11:41:09 Post No.3385781
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Anonymous 2017-09-07 11:41:09 Post No.3385781 [Report]

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>>3385006
It's good but the devs are going to get vanned for developing money laundering software eventually.

Anonymous 2017-09-07 11:51:02 Post No.3385876
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Anonymous 2017-09-07 11:51:02 Post No.3385876 [Report]

>>3385781
I am actually kinda worried about this. The tech behind Monero is way too legit, the weakest link may genuinely be the devs. I mean, luckily Monero is open source and fully decentralized but I don't think it's out of the question that they'll find ways to kill or stifle progress on the project.

Anonymous 2017-09-07 11:52:08 Post No.3385887
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Anonymous 2017-09-07 11:52:08 Post No.3385887 [Report]

It will be a top 3 crypto eventually. Mobile wallet and decentralized exchanges will send this to the moon.
However I believe it needs a larger and geographically diversified dev community. Remember what happened with TrueCrypt, lavabit etc.

Anonymous 2017-09-07 11:54:22 Post No.3385912
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Anonymous 2017-09-07 11:54:22 Post No.3385912 [Report]

>>3385876
Ehh doge has been stuck, and its as alive as ever.

Monero is ok. Its no zcash. There are cheaper ones like hush as well.

Anonymous 2017-09-08 12:06:32 Post No.3386028
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Anonymous 2017-09-08 12:06:32 Post No.3386028 [Report]

>>3385887
when are decentralized exchanges going to not be shit?

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible. Read more on this topic here - https://archived.moe/talk/thread/1694/

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/