Bitcoin vs monero reddit

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12/2/2019

If you give  Apr 28, 2020 HTC's Exodus blockchain smartphones will soon receive their own mining app, letting them mine Monero. The DeMiner app, which is being  Apr 19, 2017 For a bit of background: Just like in Bitcoin, each Monero transaction has some (I've been reading lots of monero reddit threads recently while  May 17, 2019 official coin subreddits and the general community across Reddit as a whole. Reddit are focused on Bitcoin, posts about Monero (a cryptocur- [24] Srijan Kumar, Justin Cheng, Jure Leskovec, and VS Subrahmanian. 201 Apr 2, 2020 Is Bitcoin anonymous, and can mixing services make it more private? Here are Leading Monero community members responded on Reddit,  Exodus allows you to secure, manage, and exchange your favorite cryptocurrencies like Bitcoin, Ethereum, Ripple, and more from a beautiful, easy to use wallet  Mar 3, 2021 Looking for the best mining motherboard for Bitcoin or Ethereum? to buy Bitcoins · Bitcoin vs distributed ledger vs Ethereum vs blockchain  Crypto Groupings.

Bitcoin vs monero reddit

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Monero is one of the world’s most well-known privacy-focused cryptocurrencies. Its main selling point is its strong focus on privacy, protecting the identity of users, transactions, and blockchain records. Unlike Bitcoin, every transaction on the Monero blockchain is untraceable. Monero (XMR) is best for long-term investment than Bitcoin (BTC). Adding to its perfect security, personal computers as well as ordinary laptops can aid in mining Monero, unlike Bitcoin which requires a special Application Specific Integrated Circuit (ASIC).

Bitcoin vs. Monero Bitcoin is and will always be a transparent public ledger. Some applications are well suited to a transparent public ledger. Money is not one of those applications, so Bitcoin will be inferior / political money and an accounting system backbone which is useful for establishing chain of custody, etc.

Monero mining reddit. Monero mining calculator.

You'll need to use an exchange to buy and sell the cryptocurrency, and a wallet of other cryptocurrencies including Dash, Iota, Monero, Ripple, Stellar, Zcash, 

Bitcoin vs monero reddit

In our world, almost all economic activity revolves around private capital and the mechanisms by which it flows. That will be Monero, not Bitcoin. It is very unlikely that there exists a path for Bitcoin to arrive at Monero tech. It requires fundamantal hard forks, to the degree that the project will no longer be recognizable as Bitcoin.

but a great starting point is a summary Monero’s history of Reddit. Bytecoin Exchange Delisting.

Bitcoin vs monero reddit

But by the use of some clever cryptographic technics, Monero hides the source and the destination of the coins in every transaction. In a mainnet setup you could send Bitcoin from your account on e.g. a central exchange instead of the testnet faucet. Your Bitcoin would then be swapped to Monero. The current setup only allows the user to buy Monero for Bitcoin which is a limitation of the current protocol where the side initially holding the Bitcoin has to move first. 1.6m members in the Bitcoin community. A community dedicated to Bitcoin, the currency of the Internet.

Get Monero! ₿ Help Support the Channel by Donating Crypto ₿ Monero source. wanna buy crypto without the government taking a cut? 6/6/2019 Bitcoin vs. Monero Bitcoin is and will always be a transparent public ledger. Some applications are well suited to a transparent public ledger.

Bitcoin vs monero reddit

Learn how Bitcoin works, how to use it as money, the technology underpinnin If you haven't heard of [Reddit](https://www.reddit.com/) — well, let's face it. You're here on the Internet. You've heard of Reddit. But if somehow you've yet to _experience_ Reddit, perhaps it's time. What Reddit _is_ to any one person mi Jan 31, 2021 On Thursday, SatoshiStreetBets, which emulates its fellow Reddit See also: How to Buy Bitcoin (BTC) Monero (XMR): Price, as of today at  For monero to bitcoin reddit, you don't have to realise computer programming to The fundamental differences between monero and zcash and monero vs. Jan 16, 2021 Another reason Monero is sometimes referred to as "the real Bitcoin" is its There is also a dedicated Zcash reddit for the purpose where one  Sep 4, 2020 Monero is an open-source community-driven cryptocurrency focused on criticism, as expressed on Reddit and Telegram discussion boards. Dec 8, 2020 Bitcoin developers at venture-backed Blockstream created a new platform that could make it easier to settle securities in the $350 billion  Jul 10, 2019 In this post we are going to compare Bitcoin vs.

It seems Wall Street has started the crackdown to stop the retailers to beat them in their own game. Get Monero! ₿ Help Support the Channel by Donating Crypto ₿ Monero source. wanna buy crypto without the government taking a cut? Get Monero!

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Additionally, Monero uses a different elliptic curve. Instead of secp256k1 / ECDSA as used in Bitcoin, Monero uses Ed25519 / Curve25519 / EdDSA. This doesn't make any perceivable difference for the user, but it's good to have a bit of diversity for avoiding a common point of failure. Next, Monero has mnemonic seeds built in by default.

They do have similarities in that they do not require a 3 rd party, they can be exchanged openly on a global scale, and they are very popular in crypto. Additionally, Monero uses a different elliptic curve. Instead of secp256k1 / ECDSA as used in Bitcoin, Monero uses Ed25519 / Curve25519 / EdDSA.