Revuo Monero Issue 207 - Weekly newsletter

www.revuo-xmr.com

Revuo Monero Issue 207 - Weekly newsletter

www.revuo-xmr.com

rottenwheel@lemmy.cafeM to

Monero@lemmy.cafeEnglish · 3 months ago

Issue 207: August 8 - 15, 2024

www.revuo-xmr.com

Weekly and Quarterly Monero Newsletter

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This is the Lemmy community of Monero (XMR): a secure, private, untraceable cryptocurrency that is open-source and freely available to all.

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Monero is secure.

Monero can’t be hacked to steal your funds, due to the power of distributed consensus. This means that you are responsible for your own money, and don’t have to trust any entity to keep it safe for you.

Monero is private.

The power of the blockchain usually increases security at the cost of privacy, but with Monero’s sophisticated privacy-centric technology, you get all of the security benefits of the blockchain without any of the privacy trade-offs.

Monero is untraceable.

By taking advantage of ring signatures, Monero makes it ambiguous which funds have been spent, and thus extremely unlikely that a transaction could be linked to any particular user.

Monero is fungible.

Because of its on-by-default privacy technologies, Monero is fungible, which means that one Monero will always be equal to another. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors.

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