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Topic: Is Monero Is More Secure Than Other Cryptocurrencies Coin? (Read 151 times)

sr. member
Activity: 420
Merit: 250
Is Monero Is More Secure Than Other Cryptonote (bytecoin,aeon,)?
I Think Its Same Because The Algorithm Are Same

I dont't think so. Monero was designed to be a Anonymous blockchain of the cryptocurreny society but I think their security level is not something special for its users.

Maybe I'm wrong but the only advantage your transactions doesn't exist on the blockchain. So others cannot see it.
full member
Activity: 280
Merit: 100
The Operating System for DAOs
Yes monero is actually number 1 choice for hackers. Monero: Anonymous / private Bitcoin. Now, you may think, “What are you talking about, the BTC is anonymous already?” — which is a very unfortunate albeit popular misconception. All BTC transactions can be seen by the public. For example, by giving out your wallet address to someone, the person is able to see all the payments you’ve received and sent. The black market (drug dealers and weapon manufacturers) created a solution for this: basically a software that mixes your coins with other coins. Nevertheless, the software needs to be trusted and may not work correctly. This is pretty bad when your freedom depends on it. Monero has the mixing system built-in — which makes it very delicious for any kind of black market. This is how the currency got its first big growth boost — basically a popular darknet market adopted it. Moreover, the transaction privacy is a necessity for any kind of widely adopted currency, which makes me think it may even overtake BTC. The market capitalization of Monero is currently 1/100 of BTC, which makes it a better investment in my opinion. This is where I put most my of my investment in.
full member
Activity: 475
Merit: 100
Is Monero Is More Secure Than Other Cryptonote (bytecoin,aeon,)?
I Think Its Same Because The Algorithm Are Same
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