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Monero ( XMR )

47
Total Score 9
Design
9.7
Performance
9.2
Usability
7.7
Functions
9.5
Support
9.0

Monero is a secure, private, untraceable currency. It is open-source and freely available to all.
With Monero, you are your own bank. Only you control and are responsible for your funds, and your accounts and transactions are kept private from prying eyes. Monero uses a cryptographically sound system that allows you to send and receive funds without your transactions being publicly visible on the blockchain (the distributed ledger of transactions). This ensures that your purchases, receipts, and other transfers remain private by default.

Statistical data provided by Coinmarketcap.com
Monero ( XMR )
9 Total Score
4 reviews
Add your review
Design
9.7
Performance
9.2
Usability
7.7
Functions
9.5
Support
9.0
5 Comments
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  1. rai2017
    rai2017 November 22, 2016 at 12:10 am
    5
    Design
    100
    Performance
    100
    Usability
    100
    Functions
    100
    Support
    100

    Monero will be great and came to stay, like a seed that will become a tree

    + PROS: XMR is among the best with fast transfer and what is more important to be decentralized and respective privacy in the network. With a strong appreciation trend.
    - CONS: Only dissemination and expansion to several countries, with improvements and decrease of the transfer rate
    Helpful(15) Unhelpful(8)You have already voted this
  2. November 22, 2016 at 2:32 am
    4.6
    Design
    100
    Performance
    100
    Usability
    60
    Functions
    100
    Support
    100

    Monero is the most private, fungible, and fair coin. Its cryptography was praised by many Bitcoin developers. It is the only cryptocurrency whose transactions are private by default (and cannot be sent without mixing). It uses the CryptoNote protocol to safely and efficiently “mix” with other segments of the blockchain.

    + PROS: The most private coin available. It uses ring signatures to make the sender an recipient of a transaction anonymous by default. RingCT (implemented in January 2017) will also hide the transaction amounts. The Kovri project adds I2P support to Monero to hide people's IP addresses. The support is excellent on Reddit, Slack, Telegram, and even StackExchange. Sensible supply curve and no pre-mine
    - CONS: Still pretty difficult to use (requires using the command line) Not accepted at many locations, but services like Shapeshift and XMR.to make it easy to send Monero to a Bitcoin address (with the added privacy of Monero)!
    Helpful(13) Unhelpful(7)You have already voted this
  3. ViktorCapulet
    ViktorCapulet December 3, 2016 at 3:24 pm
    4.1
    Design
    100
    Performance
    80
    Usability
    70
    Functions
    100
    Support
    60

    All in all I do truly love Monero! Even more so that I’m able to CPU mine the currency via Minergate on my Mac especially since the majority of options are on Windows.
    I strongly suggest using Monero Freewallet and and Jaxx when the integration hits which should be soon, at least till the devs working on the other platform’s get their act together.

    + PROS: Great crypto for anonymity. The devs are on top of it making sure everything is running as smooth as possible. Super easy to mine with a beautifully high payout.
    - CONS: Not enough wallets. I lost half an XMR trying to send from mymonero wallet to another and received absolutely no help in that regard. The Freewallet version is solid, but the Jaxx integration should put it to shame. If you have questions you'll spend alot of you're time searching for the answers, unless you're on Reddit then it's not bad.
    Helpful(2) Unhelpful(3)You have already voted this
  4. 4U70M471C
    4U70M471C December 3, 2016 at 8:19 pm
    4.4
    Design
    90
    Performance
    90
    Usability
    80
    Functions
    80
    Support
    100

    It’s easy to use even without the Graphic User Interface (GUI) released yet. Seriously, to all the people who feels intimidated by using the terminal, it’s really simple. You need to download the binaries from the official website. Open the Daemon file, so you synchronize with the blockchain, and then open the Monero wallet client and you’re set up. You can write “help” in the Monero wallet client and there would be all the commands you need, but basically you would only use the “transfer” command in order to make a transaction, which is really easy, you just put “transfer [the number of mixes you want] [the address to which you want to send Monero] [the amount of Monero] [and the optional Payment ID if someone gives you one to identify why they are receiving that money]”

    In exchange for the little inconvenience of not having a GUI (yet), you now can use a cryptocurrency which codebase has demonstrated great stability for over 2 years, has a dynamic block size which let the market decide how big the blocks should be, but with some penalties to discourage too big blocks that would push many miners out of the market, and lead to mining centralization, and making too difficult to people to run full nodes. Furthermore, the mining algorithm of Monero is ASIC resistant which also avoids centralization by letting the most people to participate in the mining process, and not only a few people with access to some cheap chips which aren’t capable to do almost anything but mining

    And you have privacy. Monero’s privacy has been tested again over 2 years and nobody has been able to break the obfuscation system, which everyday becomes stronger thanks to the hard work of the developers, which take privacy and security very seriously

    So:

    No waiting long periods of time for your transactions to be confirmed

    No big bug surprises due to code complexity and instability

    Privacy by default

    Mining decentralization

    Relatively cheap fees

    A big and enthusiast community

    + PROS: No waiting long periods of time for your transactions to be confirmed No big bug surprises due to code complexity and instability Privacy by default Mining decentralization Relatively cheap fees A big and enthusiast community
    - CONS: No Graphic User Interface yet, but even without it, it's simple to use
    Helpful(5) Unhelpful(4)You have already voted this
  5. 4U70M471C
    4U70M471C December 3, 2016 at 8:30 pm

    Forgot to mention that backing up Monero is ultra easy, since it implements a 25 word mnemonic seed natively, so, you just need to keep your words safe and you’ll be able to restore your account with all your funds and everything from the official wallet with all its features

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