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What is Monero Untraceability and How it Works

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What is Monero Untraceability and How it Works

 
Monero-XMR Cryptocurrencies revolutionized our perception of money. Only 5 years ago it almost inconceivable that someone could send values to somebody else using a network owned “by nobody”, faster and cheaper than any bank in the world. That you would generate value by “mining” with your own computer. And yet, this happened, and a whole new world unfolded. But even if the middle-man was eliminated by the decentralized blockchain, allowing for much lower transaction fees and less control over your own funds, one issue was still not tackled entirely: privacy. And by privacy means the fundamental right to protect your identity. Introducing Monero XMR.   Continue reading What is Monero Untraceability and How it Works
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A note on fees

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A note on fees

Posted by: dEBRUYNE / ArticMine

December 11, 2017
Lately, a common reoccurring complaint has been that fees are too expensive. Whilst we don’t disagree with that statement, we have to thoroughly analyze the situation first. Furthermore, the notion of devs having to release new binaries with lower fees is myopic, because (i) it’d merely kick the can down the road, (ii) changing the constants or formulas requires a hard fork, i.e., they are enforced on a consensus level, and (iii) constantly intervening would be contradictory to our grass-roots, decentralized nature.
Continue reading A note on fees