The easiest way to buy Monero is with a currency you already have. It could be your bank account or credit card. You can also buy it at an ATM or a virtual currency exchange. But if you want to keep your transactions private, using a dedicated wallet is best.
One of the biggest reasons to consider using Monero is its privacy features. It allows you to be completely anonymous online so that you won’t have a traceable footprint with use of monero tumbler
Two distinct features of Monero make it incredibly private: ring signatures and transaction unlinkability.
A ring signature is a type of digital signature that involves multiple keys from a group of people. It’s computationally infeasible to figure out who the signature was made by.
When sending a transaction, Monero uses this to hide the amount sent from the public blockchain, making it impossible to know how much was transferred and to which address.
This technology is called confidential ring transactions (RCT). It’s the secret behind why Monero is so secure.
The other feature that makes it private is a specialized algorithm for mining, which is ASIC-resistant and CPU friendly. It’s been designed by the Monero community and is meant to be scalable for future growth.
Another feature that sets Monero apart from other cryptocurrencies is its censorship-resistant nature. It means that no central authority can control the flow of funds, which makes it ideal for organizations viewed as controversial or illegal by governments. More info you can read here.
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