LIVE
ZachXBT Says He Infiltrated Chinese Crime Syndicate Linked to $1B◆BlackRock Files for iShares Bitcoin Managed Protect ETF◆Hyperliquid Policy Center Urges SEC Buyback Rule Changes◆Super League Shareholders Approve Metaplanet U.S. Bitcoin Treasury Proposal◆JPMorgan Expands JPM Coin Deposit Token to Ethereum◆Crypto.com, Novig Sue Missouri Over Sports Betting Markets◆Anchorage on Bitcoin Market Structure Beyond Spot ETFs◆Cysic Halts Bridge After 10M CYS Minted on BNB Chain◆SEC Approves Cboe Binary Options Linked to Coinbase and MARA Metrics◆Ethereum ETFs Lose $320M in a Week as Bitcoin Outflows Slow◆ZachXBT Says He Infiltrated Chinese Crime Syndicate Linked to $1B◆BlackRock Files for iShares Bitcoin Managed Protect ETF◆Hyperliquid Policy Center Urges SEC Buyback Rule Changes◆Super League Shareholders Approve Metaplanet U.S. Bitcoin Treasury Proposal◆JPMorgan Expands JPM Coin Deposit Token to Ethereum◆Crypto.com, Novig Sue Missouri Over Sports Betting Markets◆Anchorage on Bitcoin Market Structure Beyond Spot ETFs◆Cysic Halts Bridge After 10M CYS Minted on BNB Chain◆SEC Approves Cboe Binary Options Linked to Coinbase and MARA Metrics◆Ethereum ETFs Lose $320M in a Week as Bitcoin Outflows Slow◆
Homepage/Altcoin News/Riccardo Spagni of Monero (XMR) Talks About the Privacy Aspect of Monero
ALTCOIN NEWSMONERO

Riccardo Spagni of Monero (XMR) Talks About the Privacy Aspect of Monero

·1 MIN READ·
MakeThe CC Presspreferred onGoogle

A member of Monero’s Core Team – Riccardo Spagni spoke in a recent episode of Whatbitcoindid on the private nature of Monero. The interview covered a large number of topics, including the similarities between Monero and Bitcoin, as well as the importance of confidentiality for digital currencies.

KEY FINDINGS - EVIDENCE LEVEL: MULTI-SOURCE
1Key sections mapped in this report
0Internal references connected to related coverage
0External source domains cited in the article
1 minEstimated time to read the full report

Riccardo talked about why he chose Monero. He claimed that one of the main factors that attracted him in the digital currency was that Monero was not based on Bitcoin code. He said that for this reason alone he gave digital money a “second look”.

Riccardo added that Monero [XMR] was “new” even though the code for the blockchain project was not “very mature code”. Riccardo added that the Blockchain project has “done something concrete” to protect privacy and pushed the barrier of privacy into the future.

The main member of the Monero team also explained how part of the Bitcoin Maximalist Community (BTC) does not satisfy all altcoins, why they call it shitcoins, except XMR. He said the reason was that everyone involved with Bitcoin and Monero had similar problems in the initial stages.

According to Riccardo, all those who were involved in Monero previously had a portfolio command line to manage the extraction processor, and all that database stored in RAM was of 4 to 5 gigabytes for the first six months.

With all the bad things that have suffered over the years, Monero is still the best digital currency focused on privacy in the area of crypto space and digital currency works quite well over the years.

SOURCE TRANSPARENCY
  • Byline - Reported by Aborisade G.
  • Coverage Desk - Primary editorial category: Altcoin News
  • Media Asset - Featured image served from the WordPress media library