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.īy 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.īecause of its on-by-default privacy technologies, Monero is fungible, which means that one Monero will always be equal to another.

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 can't be hacked to steal your funds, due to the power of distributed consensus. Read more here! Warningįreewаllet and Chаngelly are not trusted by the community and should be avoided. ♥ Donate to the Monero Team /r/XMRtrader + #monero (IRC) – Official Website – Scams To Avoid – Projects Seeking Funding Did you know? Freewаllet and Chаngelly are not trusted by the community and should be avoided.

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