Transparent blockchains are found in the majority of current cryptocurrencies, including Bitcoin and Ethereum. Anyone in the globe may verify and trace transactions. This means that these transactions' sending and receiving addresses might be connected to real-world identities. Monero, on the other hand, makes use of a variety of privacy-enhancing technologies to ensure that its users remain anonymous.
Monero's blockchain has been designed to be as opaque as possible. By masking the addresses used by participants, it makes transaction data such as the identities of senders and receivers, as well as the value of each transaction, anonymous.
Monero's creators claim that privacy and security are their top concerns, with usability and efficiency following in second. Its goal is to give security to all users, regardless of their technological skill level.
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