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Replying to Avatar Curiio

BTC is certainly a fantastic cryptocurrency but it most definitely doesn’t win on privacy. Monero (XMR) is private by default. In fact it’s very difficult to make a transaction that isn’t private, even if you initially bought through a KYC exchange. It’s compatible with atomic swaps too so you can exchange it with BTC P2P in a zero trust manner.

XMR employs several techniques such as stealth addresses and ring signatures to ensure that its blockchain provides POW (proof of work) whilst remaining private, unlike BTC’s private blockchain.

XMR also uses the RandomX POW algorithm which is CPU friendly as it favours hardware that handles a more varied and random workload. This makes it ASIC resistant meaning that buying all of the ASIC processors and starting a mining farm like people do with BTC won’t really work. This means regular individuals can mine at home :D

Not to mention how scalable XMR is with dynamic block sizes that can change depending on how much traffic is running on the network.

Monero has a long way to go, as does BTC but, for me at least, it wins on privacy. Especially if you run your own node!

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Curiio 2mo ago

Slight correction on my typo, BTC does not have a private blockchain, it’s public.

I’d also like to emphasise the point that privacy with Monero isn’t optional, it’s built into it.

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