Total private blockchain that hides the sender, the receiver, and the amount sent and received. A tail emission to continue to provide an incentive for miners to secure the chain into the future. And a community hell bent on decentralization and peer to peer cash. Monero does not compromise. For example, it has been delisted from nearly every centralized exchange because the community refuses to add anything that would allow easier tracing.
I … understood part of what you said but for me the question is, ‘why should i care?’ The whole idea of cryptocoin just leaves me going ‘ok but how did anyone decide this was money?’
Before 2009, if you wanted to send somebody money over the internet, you had to ask permission from a third party to do so. And the third party could say no if they wished and you would have no recourse. The internet needed a native money so that you could send value just as simple as sending an email disrupted the postal service.
How is Monero diffrent?
Total private blockchain that hides the sender, the receiver, and the amount sent and received. A tail emission to continue to provide an incentive for miners to secure the chain into the future. And a community hell bent on decentralization and peer to peer cash. Monero does not compromise. For example, it has been delisted from nearly every centralized exchange because the community refuses to add anything that would allow easier tracing.
I … understood part of what you said but for me the question is, ‘why should i care?’ The whole idea of cryptocoin just leaves me going ‘ok but how did anyone decide this was money?’
Before 2009, if you wanted to send somebody money over the internet, you had to ask permission from a third party to do so. And the third party could say no if they wished and you would have no recourse. The internet needed a native money so that you could send value just as simple as sending an email disrupted the postal service.
How is this different with Zimbabwe dollar?