Exclusive Insights: The #Rise of #Monero - The 
#King of #Privacy_Coins!
Aug 3, 2024 #XMR #monero #moneronews
OUTLINE:
00:00:00 Introduction
00:00:18 The Unique Privacy of Monero
00:00:40 Monero's Launch and Technology
00:01:04 Growth and Community Support
00:01:23 The Demand for Financial Privacy
00:01:34 Monero's Future
00:01:54 Conclusion
00:02:07 Outro
#Monero (/məˈnɛroʊ/; Abbreviation: #XMR) is a #cryptocurrency which uses a #blockchain with #privacy_enhancing_technologies to obfuscate transactions to achieve #anonymity and #fungibility. Observers cannot decipher #addresses trading Monero, transaction #amounts, address #balances, or transaction #histories.
The protocol is #open_source and based on #CryptoNote_v2, a concept described in a 2013 white paper authored by Nicolas van Saberhagen. Developers used this concept to design Monero, and deployed its mainnet in 2014.
WHEN THE 
USA STARTED ITS ILLEGAL PROXY WAR WITH 
RUSSIA??
#COINCIDENCE??
aka #TERRORISM 
in our Books!
The #Monero protocol includes various methods to obfuscate transaction details, though users can optionally share view keys for third-party auditing. Transactions are validated through a miner network running RandomX, a proof-of-work algorithm. The algorithm issues new coins to miners and was designed to be #resistant against #application_specific_integrated_circuit (ASIC) mining.
DISCLAIMER: We Cover the 'Way' the #News is #COVERED_UP! 
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