Bitcoin vs monero reddit

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25/11/2019

Monero (XMR), an open source digital currency, was started on 18th April, 2014 and is based and running on the blockchain, a shared public ledger. It is a derivative of bitcoin , but is based on the CryptoNote technology and runs CryptoNight V8 , CryptoNote algorithm instead of SHA-256 (the bitcoin algorithm). Mar 06, 2018 · Dash and Monero are best understood in comparison to Bitcoin. Bitcoin (BTC) is the first popularized decentralized digital currency in the World.

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Monero will be digital cash. It can also serve as an accounting system backbone, but that application will be secondary. In our world, almost all economic activity revolves around private capital and the mechanisms by which it flows. That will be Monero, not Bitcoin. It is very unlikely that there exists a path for Bitcoin to arrive at Monero tech. It requires fundamantal hard forks, to the degree that the project will no longer be recognizable as Bitcoin. Knowing the resistance to hard forks, it is likely that the majority of the users and ecosystem will remain behind in a coin that still looks like current Bitcoin.

6/6/2019

Bitcoin vs monero reddit

Monero mining reddit. Monero mining calculator. Monero analytics and review at cryptocompare. ZCash.

Bitcoin vs monero reddit

Litecoin vs. Bitcoin Cash Speed. Bitcoin Cash has the same block time as Bitcoin (about 10 minutes per block). You can verify that block time by checking here.. This means that it takes about 10 minutes for a new transaction to be processed and included in a new block of BCH transactions.

Bitcoin vs monero reddit

Jun 11, 2019 · Bitcoin BTC is the most popular cryptocurrency on Reddit with an average of 3,600 comments about the digital currency being posted every day.. On the other hand, Ethereum and Monero are the Bitcoin Is Not Private, But Monero Is – The Importance Of Privacy In 2021 Satoshi Nakamoto created crypto with privacy in mind, and Monero is the coin that sums up all the privacy and anonymity-related features. Back in 2020, Monero was able to surpass all other privacy-centric coins in year-on-year growth, up 249% in 2020.

Bitcoin vs monero reddit

744 for #Litecoin Nov 13, 2019 · Unlike Bitcoin, the timeframe for authenticating payments is very slow. For Monero, it solves the traceability shortcoming by Bitcoin. Bitcoin transactions can be traced, but Monero remains anonymous. Additionally, Monero is also fungible while Bitcoin is not. Monero on Bitcointalk. Monero reddit.

Bitcoin vs monero reddit

Wall Street GameStop Incident on Blockchain February 10, 2021 Delia Blockchain 0 New NFT trading card set coming to WAX blockchain Feb. 15, 2021. New Blockchain Heroes Digital Collectible NFT Trading Card Set Parodies Reddit vs. Wall Street GameStop Incident on Blockchain February 11, 2021 Delia Blockchain 0 New NFT trading card set coming to WAX blockchain Feb. 15, 2021. The Reddit group has already been turned to private in the wake of GameStop development while Discord banned the group altogether.

Bitcoin, it's important to understand the differences and the pros and cons of each. Here's a thorough comparison. Bitcoin was the first cryptocurrency. Litecoin, on the other hand, came Learn the fundamentals of Bitcoin and the Cryptocurrency space, including the basics of smart contracts, the Ethereum platform and how to build decentralized applications. This course is part of a Professional Certificate FREEAdd a Verified Bitcoin has dominated the cryptocurrency space for years. But was it the first digital currency?

That will be Monero, not Bitcoin. It is very unlikely that there exists a path for Bitcoin to arrive at Monero tech. It requires fundamantal hard forks, to the degree that the project will no longer be recognizable as Bitcoin. Knowing the resistance to hard forks, it is likely that the majority of the users and ecosystem will remain behind in a coin that still looks like current Bitcoin.

Sep 15, 2020 The IRS want to trace Monero transactions, which – unlike Bitcoin – are entirely private Cracking Monero could help the IRS trace those who  Aug 14, 2020 Many new cryptocurrencies became a part of this success story, Monero is one of them. Monero was the 11th largest cryptocurrency with a  You'll need to use an exchange to buy and sell the cryptocurrency, and a wallet of other cryptocurrencies including Dash, Iota, Monero, Ripple, Stellar, Zcash,  In this section, we discuss attributes of Reddit, the darknet market community, and Bitcoin and Monero appear to be the cryptocurrencies most commonly used,  Install the Monero app on your Ledger device to manage XMR with the Monero Connect with the Monero Reddit community for troubleshooting and more. Jan 3, 2021 Monero (XMR) is a cryptocurrency that allows greater privacy than Bitcoin.This post will cover what Monero is and how to buy Monero online. Mar 27, 2018 https://www.monero.how/why-monero-vs-bitcoin. The big one for me is privacy: “ The most critical flaw in Bitcoin is its lack of privacy. If you give  Apr 28, 2020 HTC's Exodus blockchain smartphones will soon receive their own mining app, letting them mine Monero. The DeMiner app, which is being  Apr 19, 2017 For a bit of background: Just like in Bitcoin, each Monero transaction has some (I've been reading lots of monero reddit threads recently while  May 17, 2019 official coin subreddits and the general community across Reddit as a whole.

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Apr 28, 2020 HTC's Exodus blockchain smartphones will soon receive their own mining app, letting them mine Monero. The DeMiner app, which is being 

Is it possible for Bitcoin to ever catch up to the privacy standard of Monero? 5 3 35. help Reddit App Reddit coins Reddit premium Reddit gifts. The Monero coins exist similarly to Bitcoin ones, they're introduced in each new block to the miner that produces it. But by the use of some clever cryptographic technics, Monero hides the source and the destination of the coins in every transaction.

1.6m members in the Bitcoin community. A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide …

Monero Bitcoin is and will always be a transparent public ledger. Some applications are well suited to a transparent public ledger. Money is not one of those applications, so Bitcoin will be inferior / political money and an accounting system backbone which is useful for establishing chain of custody, etc. Bitcoin uses a transparent blockchain.

May 02, 2020 · Monero "halving" explained. Like Bitcoin, Monero is a proof-of-work cryptocurrency, which means that Monero miners need to deploy their computer hardware to solve resource-intensive mathematical problems in order to have a chance of adding the next block to the Monero blockchain and reaping the associated block reward. Jan 14, 2021 · Monero on Bitcointalk. Monero reddit.